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Gallagher Assessment

The document outlines an examination structure consisting of four sections: English, Logical Reasoning, Insurance, and Accounts, with a total of 70 questions to be completed in 90 minutes. It includes various types of questions such as grammar, synonyms, and logical reasoning puzzles. Additionally, it specifies criteria for admission to a postgraduate management program and presents a series of logical and analytical reasoning questions.

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67% found this document useful (3 votes)
6K views18 pages

Gallagher Assessment

The document outlines an examination structure consisting of four sections: English, Logical Reasoning, Insurance, and Accounts, with a total of 70 questions to be completed in 90 minutes. It includes various types of questions such as grammar, synonyms, and logical reasoning puzzles. Additionally, it specifies criteria for admission to a postgraduate management program and presents a series of logical and analytical reasoning questions.

Uploaded by

darwinrashar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 18

Sections Questions Time Marks

English – 30 - 20 Min 30
Logical reasoning – 20 - 20 min 20
Insurance – 20 - 10 Min 20
Accounts – 20 - 20 Min 20

Total – 70 min - 90 Min

English :

1. Mark Synonyms of the below word


‘Authentic’

a. Like a desert
b. real
c. Old
d. Very noisy

2. The child responded to his mothers demands _____ throwing a tantrum

a. about
b. By
c. until
d. At

3. There is a grammer mistake in each of the sentences, Except 1. Find the correct one

a on the way home I saw a old beggar accompanied with a child


b on the way home I saw a old beggar accompanied by a child
c. I saw a old beggar accompanied by an child on the way home
d. on the way home I saw a old beggar accompanied with her child

4. Change the direct speech to indirect speech


Anu said to Mahi, I have heard the song before

a. Anu said that, she had heard the song before


b. Anu said to mahi that she has heard the song before
c. Anu said to mahi she has heard this song before
d. Anu said to mahi that the song was heard by her before

5. Read the passage and answer the questions that follows

The Indian middle class consist of so many strata that it defies categorization under a
single term class, which would imply a considerable degree of homogeneity. Yet two
paradoxical features characterize its conduct fairly uniformly; extensive practice and
intensive abhorrence of corruption.
In the several recent surveys of popular perceptions of corruptions, politicians of course
invariably and understandably top the list, closely followed by bureaucrats, policemen,
lawyers, businessmen and others. The quintessential middle class. If teachers do not figure
high on this priority list, it is not for lack of trying, but for lack of opportunities. Over the
years, the sense of shock over acts of corruption in the middle class has witnessed a steady
decline, as its ambitions for a better material life have soared but the resources for
meeting such ambitions have not kept pace.
What is fascinating, however, is the intense yearning of this class for a clean corruption
less politics and society, a yearning that has again and again surfaced with any figure
public or obscure, focus on his mission of eradicating corruption. Even the repeated failure
of this promise on virtually every man's part has not subjected it to the law of diminishing
returns.

Options :

a. Homogeneous
b. Defiant
c. stratified
d. Mysterious

6. A number of sentences are given below which , when properly sequence coherent
paragraph. Each sentence is labeled with a letter. Choose the most logical order of the
sentence. From among the four given choices to construct the coherent

A. The many faces and abilities of Eve are seen in every sphere of city.
B. The roles played historically by men and women are not strictly within their
domain anymore and the lines have become very blurred.
C. The underlying questions is "How to be a lady"? while wearing all these
different hats!
D. Nothing is the same anywhere in world, particularly when it comes to gender
roles rules and expectations.
E. The number of women who are educated is growing at a steady pace and with
education come aspiration,ambitions and achievements.

A BCADE
B EDCAB
C DBEAC
D CDEBA

7. Choose appropriate words to complete the passage


Universolzing education ... (i). issues of both distributive ustice and quality. While the
former ... (2)_. taking education to marginalized communities, the latter asks, what .. (3)...
as meaningful education? Considering that inadequate education affects the disadvantaged
groups more severely, it is a possibility that these groups will end up with restricted
opportunities and _.
.._ (4)...
__ outcomes given
the market-driven economy we live in. The RTE. therefore, entails the right to equitable
quality education. It is with this aim that inda..(5)..a the Right of Children to Free and
Compulsory Education Act. 2009

a. diminished
b. mitigates
c. flare up
d. migrates

8. Mark the synonyms of the below word


‘Distant’

a. Removed
b. separate
c. Far
d reserved

9. There is a grammar mistake in each of the following. Except 1

a. this computer costed me $500


b. this computer was costed me $500
c. this computer is costed me $500
d. this computer cost me $500

10. There is a grammar mistake in each of the following. Except 1


a. When I arrived at the office, everybody had already gone home
b. When I arrived at the office, everybody were going home
c. When I arrived at the office, everybody went to home
d. When I arrived at the office, everybody has gone to home

11. There is a grammar mistake in each of the following. Except 1

My fav colur are blue


Me fav colur are blue
My fav colur is blue
Me fav colur is blue

12. Change the voice in the given sentence.

You will not have eaten bread.


Bread will not have been eaten by you
Bread was not eaten by you
Bread would have not eaten by you.
O Bread would not have eaten.

13. There is a grammar mistake in each of the sentences, except one. Find the correct one.

My father knows well to teach English.


My father knows good to teach English.
My father knows how to teach English good.
O My father knows how to teach English well.

14. Mark the synonyms of the below word. "Moving"


taking
shifting
turning
toying

15.Mark the synonyms of the below word.

little
limited
small
short

16.Multi Choice Type Question


Fiona is very angry...... several members of staff. her boss's decision to sack

by
about
against
for

17. Multi Choice Type Question


My fingers were injured so my sister had to write the note me

until
to
for
With

18. Multi Choice Type Question Make the following sentence negative.
"I disliked the Idea of making Omelet.

I didn't like the idea of making Omelet.


I do not dislike the idea of making Omelet.
I don't like the idea of making Omelet.
I did not dislike the idea of making Omelet.

19. There is a grammar mistake in each of the sentences, except one. Find the correct one.

What time is it?


What is time now?
What time is now?
5 What time it is?

20. Multi Choice Type Question It was indeed a witty remark. Rewrite sentence as assertive.
-

What a witty remark it is!"


It will be indeed a witty remark.
It is indeed a witty remark.
It has been indeed a witty remark

21.Multi Choice Type Question There is a grammar mistake in each of the sentences,
except one Find the correct one.

She is more richer than her neighbors.


She is rich more than her neighbors.
She is more rich than her neighbors.
She is richer than her neighbors.

22.Multi Choice Type Question I can't find my keys anywhere -1 work have left them at

ought
must
can
Would

23.Multi Choice Type Question Choose the appropriate word that fits in the blank given in
the following sentence:
Michael was the best swimmer, but he lost the final of the swimming competition.
surly
inevitably
ironically
vaguely

24.Multi Choice Type Question. There is a grammar mistake in each of the sentences,
except one. Find the correct one.

Give me the another pen.


Give me an another pen.
Give me another a pen.
Give me another pen

28. There is a grammar mistake in each of the sentences, except one Find the correct one
A. Each man and each woman do not have the right to vote.
B. Each man and each woman does has the right to vote
C. Each man and each woman does not have the right to vote.
D. Each man and each woman not have the right to vote.

29. Rewrite sentence in present perfect tense- "He had never lived alone”
A. He has never lived alone.
B. He has never been lived alone.
C. He never has lived alone.
D. He never leaves alone.

30. The sentences given, when arranged in the proper sequence, form a coherent
paragraph. Each sentence is labelled with a letter. Choose the most logical order of
sentences from among the given choices to construct a meaningful paragraph.
A. The Cold War was underpinned by an understanding which allowed the US to maintain
hegemony over the capitalist world and which gave the Soviet Union a regional sphere of
influence in Eastern Europe.
B. The bloody upheavals and wars occurred not in Europe, America or Russia, but in Asia,
Africa and the Middle East, and were either directly or indirectly a response to the
experience of Western colonialism
C. Despite the aggressive rhetoric of this era, the Cold War was a period of relative peace
between hostile geopolitical blocs. Jo retrocoast what was remarkable about the Cold War
was or players to manage their conflict.
A. ADCB
B. DBCA
C. BADC
D. CBDA

SECTION – 2/4
1. Trishna ranks 17th in the class of 31 students. What is her rank from the last?
A. 15
B. 16
C. 14
D. 10

2.Six friends A,B,C,D, E and F are sitting in a closed circle facing the centre. E is to the left
of D, C is between A & B, F is between E &A Who is to the right of C?
A. D
B. E
C. B
D. A

3. Common content
Following are the criteria for offering admission to a post graduate management
programme. The student must
i. Be a graduate with at least 50% marks
ii. Have secured at least 45% marks in the entrance test.
iii. Not be less than 20 years and not more than 26 years of age as on 30th June 1996.
iv. Be able to bear annual expenditure of Rs. 60,000/- for two years.

However if a student
Fulfils all other criteria except (1) alone but has secured at least 60% marks in post-
graduation his/her case is to be referred to chairman
Fulfils all other criteria except (II) of the above but has work
his/her case is to be referred to
mation in mind and assuming ch case for the below mentioned admission cases are in front
of he answers from anyone of the
A. Candidate to be referred to the Chairman.
B. Candidate to be referred to the Director.
C. Admission to be granted.
D. Data insufficient to take a decision

4. Where there is a friend there is a foe. Where there is a day there is night Where there is s
rose there is a thorn. Where there is a moon there is a spot Where there is nectar there is
poison. Where there is blessing, there is a curse. Where there is success there is failure.
Where there is sorrow there is happiness. Where there is love there is hate. Siyaram is
trying to find out which of the above pair of words is odd, help him to identify the same?
A. Where there is a moon there is a spot
B. Where there is a day there is night
C. Where there is love there is hate
D. Where there is success there is failure

5. In a certain code, BOXER is written as AQWGQ. How VISIT is written that code?
A. UKRKU
B. WKRKS
C. UKRKS
D. WKRKU

6. Following are the criteria for offering admission to a post graduate management
programme. The student must
i. Be a graduate with at least 50% marks
ii. Have secured at least 45% marks in the entrance test
iii. Not be less than 20 years and not more than 26 years of age as on 30th June 1996.
iv. Be able to bear annual expenditure of Rs. 60,000/- for two years
However if a student
Fulfils all other criteria except (1) alone but has secured at least 60% marks in post
graduation his/her case is to be referred to chairman
Fulfils all other criteria except (II) of the above but has work
his/her case is to be referred to
mation in mind and assuming ch case for the below mentioned admission cases are in front
of he answers from anyone of the otions namely
A. Admission to be granted.
B. Data insufficient to take a decision.
C. Candidate to be referred to the Director.
D. Candidate to be referred to the Chairman.
7. Find the number which has to be inserted in front of RAKSHITH, SUNIL 6, SHAILA 7,
RAKSHITH?
A. 8
B. 7
C. 5
D. 9

8. Preethi is in front of Ganesh to whose back is Veena, who is in front of Jyotika Sherin in
front of Veena but not in front of Ganesh Veena is not in front of Preeth. Who is at the
center?
A. Sherin
B. Jyotika
C. Ganesh
D. Veena

9. ‘Fan' is related to ‘Wings’ in the same way as 'Wheel' is related


A. Spokes
B. Car
C. Round
D. Rotation
10. Rajan is sixth from the left end and vinay is tenth from the right end in a row of boys. If
there are eight boys between Rajan and Vinay, how many boys are there in the row?
A. 26
B. 25
C. 23
D. 24

11. A is taller than B but shorter than C, D is taller than E who is taller than C. Michael
wants to find out who is the tallest amongst the group.
A. A
B. D
C. B
D. C

12. Following are the criteria for offering admission to a post graduate management
programme. The student must
1. Be a graduate with at least 50% marks
I Have secured at least 45% marks in the entrance test
I Not be less than 20 years and not more than 26 years of age as on 30th June 1996
IV Be able to bear annual expenditure of Rs. 60,000/- for two
years.
However if a student
Fulfils all other criteria except (1) alone but has secured at least 60% marks in post
graduation his/her case is to be referred to chairman
Fulfils all other criteria except (II) of the above but has work his/her case is to be referred
to
mation in mind and assuming
ch case for the below mentioned
admission cases are in front of he answers from anyone of the otions namely
A. Candidate to be referred to the Chairman.
B. Candidate to be referred to the Director.
C. Admission to be granted.
D. Data insufficient to take a decision.

13. A ranks fourth in a class, B ranks ninth from the last and it C is ninth after A and just in
the middle of A and B, then how many students are there in the class?
A. 32
B. 31
C. 30
D. 33

14. If you ran 9 miles in 1 and 1/2 hours and decided to continue at the same pace for
another 30 minutes, how many miles will you have run altogether?
A. 8
B. 12
C. 6
D. 10

15. A class of boys stands in a single line. One boy is 19th in order from both ends How
many boys are there in the class?
A. 27
B. 37
C. 39
D. 38

16. Find the analogy of the pair 14:9:23 ?


A. 31
B. 16
C. 13
D. 12

17. Do as directed-GESTURE HAND, EXPRESSION: ?


A. EYE
B. FEELINGS
C. NONE
D. FACE
18. Find the missing term in the series: P5QR P4QS, P3QT___ PIQV
A. P2QU
B. PQW
C. PQ3U
D. PQV2
19. Following are the criteria for offering admission to a post graduate management
programme. The student must
i. Be a graduate with at least 50% marks
ii. Have secured at least 45% marks in the entrance test
iii. Not be less than 20 years and not more than 26 years of age as on 30th June 1996.
iv. Be able to bear annual expenditure of Rs. 60,000/- for two years.
However if a student
Fulfils all other criteria except (1) alone but has secured at least 60% marks in post
graduation his/her case is to be referred to chairman
Fulfils all other criteria except (III) of the above but has work his/her case is to be referred
to
40
mation in mind and assuming
ch case for the below mentioned admission cases are in front of he answers from anyone of
the otions namely
A. Candidate to be referred to the Chairman.
B. Data insufficient to take a decision.
C. Admission to be granted.
D. Candidate to be referred to the Director.

20. The question below consists of a question and two statements numbered A and B given
below it. You have to decide whether the data provided in the statement(s) is/are sufficient
to answer the question. Read both the statements and give an answer.
During week W, how much did it cost, per km, for the diesel used by car X?
(A) During week W, car X used diesel that cost Rs 1.24 per litre.
(B) During week W, car X was driven 270 km.
A. if statement (A) alone is sufficient to solve the question, but statement (B) alone is
not.
B. if neither statement (A) nor statement (B) is individually sufficient to solve the
question, but a combination of both is sufficient to solve the question.
C. if both the statements taken together are not sufficient and more information is
required to solve the question.
D. if statement (B) alone is sufficient to solve the question, but statement (A) alone is
not.

SECTION – 3/4
1. There is a grammar mistake in each of the sentences, except one Find the correct one.
A. I have been waiting for you since 9 o'clock in the morning.
B. He has been waiting for you for 9 o'clock in the morning.
C. I am waiting for you since 9 o'clock in the morning.
D. I have been waiting for you for 9 o'clock in the morning.

2.Which insurance policy will help you protect yourself from damages to your new home?
A. Travel insurance
B. Homeowners Insurance
C. Motor insurance
D. All of the these

3. Which of the following is an intangible product or service?


A. Television
B. Car
C. Car Insurance
D. Home

4. Which of the following indices measures retail inflation for industrial workers?
A. WPI
B. PPI
C. CPI-AL/RL
D. CPI-IW
E. CPI (Combined)

5. Who is insured?
A. Insured is the one who holds the policy
B. Insured is the one who provides the policy

6. Managing day-to-day risks is equally important for individuals & organizations.


A. TRUE
B. FALSE

7. Which policy will insure you and your family against sudden medical emergencies or
bodily injury?
A. Motor insurance
B. Travel insurance
C. Homeowners Insurance
D. Health insurance

8. Which of the following cannot be insured by John?


A. John's house
B. John's friend
C. John's wife
D. John's parents

9. What is insurance to you?


2. an arrangement in which you buy real estate
3. an arrangement in which you save money in your bank account
4. an arrangement which provides protection against a sudden accident or loss
5. an arrangement in which you invest money in the share market

10. The committee constituted by the government to improve higher defence management
will be headed by __________
A. Ajit Doval
B. Sanjay Mitra
C. Tarun Kumar Singha
D. Subhash Bhamre
E. Rajnath Singh

11. Which of the following can be used to transfer your risk?


A. Creating a Fixed Deposit with your bank
B. Investing in shares
C. Buying an insurance policy 4
D. Buying a Home

12. Who amongst the following is heading the parliamentary standing committee on
finance responsible for looking into issues relating to banking sector?
A. Kamal Nath
B. Arun Jaitely
C. Veerappa Moily
D. Venkaiah Naidu
E. Manish Tiwari

13. Can you buy a motor insurance policy for your neighbor's car?
A. No, You Cannot
B. Yes, You Can

14. What is risk to you?


A. situation of being protected from danger
B. situation involving exposure to danger

15. Which Bank has became the 1st public sector lender to offer an employee stock option
scheme?
A. Dena Bank
B. Allahabad bank
C. Oriental Bank of Commerce
D. State bank of India
E. Vijaya Bank

16. Who is Insurance Company?


A. Insurer is the one who holds the policy
B. Insurer is the company that covers the insured

17. RBI has recently granted licences for a new type of banks which are expected to reach
customers mainly through their mobile phones rather than traditional bank branches.
What are they called?
a. Mobile Banks
b. Payment Banks
c. Cellular Banks
d. None of the above
A. d
B. b
C. a
D. c

18. Which of these will insure you against damage caused to your vehicle or a third party if
you have a motor accident?
A. Motor insurance
B. Travel insurance
C. Recurring deposit
D. Investment in shares

19. What is the name of India's first sentiment index for micro and small enterprises?
A. SentoEx
B. NenoEx
C. None of the above
D. SinoEX
E. CrisidEx

20. Which of the following is true regarding Non-Convertible Debentures (NCD)?


a. There are two kinds of NCDs: Secured and Unsecured
b. NCDs do not attract any taxability
c. NCDs have both credit and liquidity risk
A. All of the above
B. None of the above
C. Only a) and b)
D. Only a)
E. Only a) and c)

SECTION – 4/4

1. A debit can represent an increase or a decrease to an account's balance.


A. FALSE
B. TRUE

2. Accounts Receivable are amounts that a business owes to others


A. FALSE
B. TRUE

3. If Assets-100,000 and Liabilities= 75,000 then Capital=?


A. None of these
B. 125000
C. 25000
D. 175000

4. An Invoice that a business owes to a supplier is a liability.


A. TRUE
B. FALSE

5. Debit Credit rule-enter an amount in the normal balance side of an account to increase
the balance and in the opposite side to decrease the balance.
A. TRUE
B. FALSE
6. A company purchased Shares from WIPRO Ltd for Rs 5,00,000. This transaction comes
under
A. Nominal Account
B. Investment Account
C. Personal Account
D. Real Account

7. Whether a debit or credit increases or decreases accounts balance depends on type of


Account
A. TRUE
B. FALSE
8. Accounts Receivables Rs.5,00,000 has been received from debtors in a company. It will
result in
A. Decrease in Liability
B. Decrease in Cash
C. Increase in Cash
D. Decrease in Asset

9. A company sold its old machinery for Rs.50,000. This transaction is to be recorded
in--------
A. General Journal
B. Sales Journal
C. Asset Journal
D. Cash Journal

10. Which of the following statements are correct?


A. Investors will use the financial statements to invest in the shares of the company
B. Bankers will check the financial statements of a company to decide its credit
worthiness
C. All the options given
D. Financial statement analysis helps the management to take important decisions in
the course of business

11. A detailed listing of a General Ledger's accounts is called.


A. Financial Statement
B. Trial Balance
C. None of these
D. Chart of Accounts

12. A credit can represent an increase or a decrease to an account's balance.


A. TRUE
B. FALSE

13. The Income Statement is a financial report that shows the assets, Liabilities and
owner's equity of a business.
A. FALSE
B. TRUE
14. A company has made sales for RS. 100 crores and received 80 crores. Cost undertaken
for the period is Rs.80 crores but amount paid is Rs.60 crores. Record the impact of these
transactions under Cash Flow Statement.
A. Cash Flow Statement should be recorded with cash inflow of RS.100 crores and
outflow of Rs.80 crores only.
B. None of the given option is correct
C. Cash Flow Statement should be recorded with cash inflow of RS.80 crores and
outflow of Rs.60 crores only.
D. Cash Flow Statement should be recorded with outstanding cash inflow of RS.80
crores and outstanding outflow of Rs.60 crores only.

15. The major types of accounts are Assets, Liabilities, Revenue, Expenses and Drawings
A. TRUE
B. FALSE

16. Your management asks you to prepare a financial report for a specific period. Which of
the following account you will refer to?
A. Management Accounting
B. Corporate accounting
C. Cost Accounting
D. Financial Accounting

17. The initial records used to first enter business transactions into the accounting records
is ______
A. Balance Sheet
B. Journals
C. Trial balance
D. General Ledger

18. The Accrual Method (Basis) of accounting records income in the period earned and
expenses in the period incurred.
A. FALSE
B. TRUE

19. Which of the following is not considered a subcategory of Owner's equity?


A. Revenue
B. Expenses
C. Drawings
D. Capital
E. Assets

20. Which of the following is an Income Statement Account?


A. Capital
B. Cost of Goods sold
C. Accounts Receivable
D. Cash

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