JMET 2009 - Testfunda

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Direction: Questions 87 - 89 are based on the following information: A bank is in the process of formulating a loan policy for its customers. The maximum budget available for this policy is Rs. 10,00,000. The bank earns interest on the loan amount. However, some portion of the loan amount cannot be recovered and is classified as bad debt. The type of loan, interest rates, and percentage of bad debts are provided below: Type of Loan Interest Rate (%) Bad Debt (%) Personal 15 10 Car 30 5 Home 20 8 Let x1, x2 and x3 be the amount of loan allocated by the bank to personal, car and home loans respectively. Q.87 If the objective of the bank is to maximize the net return, the objective function of the bank can be written as: (A) Maximize 0.15(0.90)x1 + 0.30(0.95)x2 + 0.20(0.92)x3 − 0.10x1 − 0.05x2 − 0.08 x3 (B) Maximize 0.15x1 + 0.30x2 + 0.20x3 − 0.10x1 − 0.05x2 − 0.08 x3 (C) Maximize 0.15(0.90)x1 + 0.30(0.95)x2 + 0.20(0.92)x3 (D) None of the above Q.88 The following is one of the constraints of the bank: (A) x1 + x2 + x3 = 1000,000 (B) x1 + x2 + x3 ≥ 1000,000 (C) x1 + x2 + x3 ≤ 1000,000 (D) x1 + x2+ x3 < 1000,000 Q.89 Based on the data, the bank would wish to maximize the loan amount allocation to: (A) personal loan (B) car loan (C) home loan (D) none of the above Q.90 The area of a circle whose centre is at (2, 0) is π. The circle does not pass through the following point: (A) (2, −1) (B) (2, 1) (C) (3, 0) (D) (2, 2) < End of QUANTITATIVE ABILITY Section > B 22/36
SECTION 4: DATA INTERPRETATION (Questions 91 - 120) Direction: Questions 91 - 94 are based on the following passage: Deregulation and competition have reduced communication costs. The average cost of a three minute call to the United States fell from $ 4.00 in 1999 to $ 1.40 in 2004. Over that period, the share of people with access to the internet tripled. But diffusion of technology around the world and within countries is unequal. Average contracted capacity for international internet connections in developing economies grew from 3 bits per second per person in 2000 to 150 in 2006, still far short of the high income countries‘ average, estimated at 5000. The internet capacity of low income (less developed) countries was lower than even the developing countries, at an average of 20 bits per second per person in 2006, and international voice traffic was less than 5% that of high income countries. With only 1 personal computer in 2006, South Asia lags behind other regions in access to personal computers. However, there are positive indications of change. Between 2000 and 2006, fixed line and mobile phone subscribers per 100 people increased from 3 per thousand to 150 per thousand. This growth was driven mainly by 7 fold increase in mobile phone subscribers. Q.91 Between 1999 and 2004, average calling costs to the United States fell by (A) approximately 65% (B) approximately 186% (C) approximately half (D) insufficient information Q.92 In 2006, the contracted capacity for internet connections for developing economies (A) grew by 50% on per capita basis from its capacity in 2000 (B) was 3% of average contracted capacity of high income countries on per capita basis (C) grew 500 times the capacity in 2000 (D) was 3 bits per second Q.93 For low income economies (A) internet capacity was 0.4% of the capacity of high income countries in per capita terms (B) internet capacity was 20% of the capacity of developing countries in per capita terms (C) international voice traffic was 250 bits per second (D) share of people with access to the internet tripled over six years Q.94 During 2000 to 2006, in South Asia, access to telephones increased by (A) 7% (B) 7 times (C) 500 times (D) 4900% B 23/36
Page 1 and 2: JMET 2009 B 1/36 Question Paper Cod
Page 3 and 4: Q.3 The MOST APPROPRIATE title for
Page 5 and 6: Direction for Questions 15 and 16:
Page 7 and 8: Q.21 Which of the following stateme
Page 9 and 10: Q.28 Which of the following stateme
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Page 13 and 14: Q.45 It is known that at the univer
Page 15 and 16: Q.53 Statement : The Indian textile
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Page 19 and 20: Q.72 The number of shoppers enterin
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Page 25 and 26: Q.97 Between 1970 and 1994 the GDP
Page 27 and 28: Values for the columns are represen
Page 29 and 30: Direction: Questions 116 - 120 are
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