A few questions from this test, with the answer key and the method behind it. The full set of 100 runs under a timer, and every solution is on the analysis screen once you submit.
English Language · solved example
In recent years the Reserve Bank of India has moved to regulate digital lending, an area that grew faster than the rules meant to govern it. Its guidelines insist that loans be disbursed directly into the borrower's bank account, that every fee be disclosed before a loan is taken, and that recovery agents follow a published code of conduct. The central bank's concern is not the technology itself, which has widened access to credit, but the layer of unregulated intermediaries that had inserted themselves between the lender and the borrower, often charging hidden fees and using coercive recovery methods.
Which of the following best captures the central idea of the passage?
- ADigital lending should be banned until the technology matures.
- BThe RBI's rules target the conduct of unregulated intermediaries rather than lending technology itself.Correct
- CRecovery agents are the only problem in the digital lending market.
- DDigital lending has failed to widen access to credit in India.
- EBorrowers prefer cash disbursement to bank transfers.
Solution
The passage explicitly says the RBI's concern 'is not the technology itself, which has widened access to credit, but the layer of unregulated intermediaries'. Option B restates exactly that. A and D contradict the passage, which credits the technology; C narrows the problem to recovery agents alone, which is only one of several concerns; E is never discussed.
Quantitative Aptitude · solved example
Solve: 24 x 15 / 6 + 38 - 12 = ?
Solution
Follow the order of operations. 24 x 15 = 360, and 360 / 6 = 60. Then 60 + 38 = 98, and 98 - 12 = 86. Multiplication and division are cleared before addition and subtraction, which is what keeps this from becoming 24 x 15 / (6 + 38).
Reasoning Ability · solved example
Seven people A, B, C, D, E, F and G sit in a row facing north. A sits at the extreme left end and B at the extreme right end. C sits third from the left end. E sits second from the right end. F sits immediately to the right of C. D sits between F and E. G is the only person between A and C.
Who sits third from the right end?
Solution
Number the seats 1 to 7 from the left. A is 1 and B is 7. C is 3 and E is 6. F is immediately right of C, so F is 4. D is between F and E, so D is 5. G is between A and C, so G is 2. The order is A, G, C, F, D, E, B. Third from the right is seat 5, which is D.
English Language · solved example
In recent years the Reserve Bank of India has moved to regulate digital lending, an area that grew faster than the rules meant to govern it. Its guidelines insist that loans be disbursed directly into the borrower's bank account, that every fee be disclosed before a loan is taken, and that recovery agents follow a published code of conduct. The central bank's concern is not the technology itself, which has widened access to credit, but the layer of unregulated intermediaries that had inserted themselves between the lender and the borrower, often charging hidden fees and using coercive recovery methods.
According to the passage, which of the following is a requirement laid down by the RBI's guidelines?
- ALoans must be routed through an intermediary before reaching the borrower.
- BFees may be disclosed after the loan is disbursed.
- CLoan amounts must be paid directly into the borrower's bank account.Correct
- DRecovery agents are free to set their own methods.
- EDigital lenders must stop using technology for credit scoring.
Solution
The passage states loans must 'be disbursed directly into the borrower's bank account', which is option C. A and D are the opposite of what the guidelines require, B reverses the timing (fees must be disclosed before the loan is taken), and E is not mentioned at all.
English Language · solved example
In recent years the Reserve Bank of India has moved to regulate digital lending, an area that grew faster than the rules meant to govern it. Its guidelines insist that loans be disbursed directly into the borrower's bank account, that every fee be disclosed before a loan is taken, and that recovery agents follow a published code of conduct. The central bank's concern is not the technology itself, which has widened access to credit, but the layer of unregulated intermediaries that had inserted themselves between the lender and the borrower, often charging hidden fees and using coercive recovery methods.
Which of the following can be inferred from the passage?
- ARegulation of digital lending lagged behind the growth of the market.Correct
- BThe RBI has no interest in expanding access to credit.
- CAll digital lenders charge hidden fees.
- DTraditional banks do not participate in digital lending.
- EThe guidelines apply only to borrowers, not lenders.
Solution
The passage opens by noting the area 'grew faster than the rules meant to govern it', which directly implies that regulation lagged behind the market, option A. B is contradicted by the praise for widening credit access; C overgeneralises from 'often'; D and E are not supported anywhere.