XAT 2015 — LRDI Question 18
Answer the following question based on the information given below.
MBA entrance examination comprises two types of problems: formula-based problems and application-based problem. From the analysis of past data, Interesting School of Management (ISM) observes that students good at solving application-based problems are entrepreneurial in nature. Coaching institutes for MBA entrance exams train them to spot formula-based problems and answer them correctly, so as to obtain the required overall cut-off percentile. Thus students, in general, shy away from application-based problem and even those with entrepreneurial mind-set target formula-based problems.
Half of a mark is deducted for every wrong answer.
ISM conducts a common entrance examination every year. This year, the question paper would comprise 60 questions with an equal mix of formula-based problems and application-based problems. All questions would carry equal marks. Balaji is appearing for the examination. Before, appearing for the examination he gets the following information from coaching institutes:
- Application-oriented problems take more time to solve in an examination hall.
- Chances of silly mistakes would be low in application-based problems.
- ISM would assist the students with bank loans to start a new venture.
- Options are generally confusing for formula-based problems.
- ‘Practice makes a man perfect’ can apply only to formula-based problems.
- Students get very good campus jobs.
Based on above information, which of the following options would help him to be better prepared for the examination?
Answer & solution
- A
I &II
- B
I, II & V
- C
II, III & VI
- D
IV, V & VI
I, II, IV & V
If Balaji already knows that solving application based problems takes more time, he can focus more on formula based problems and achieve the required cut-off percentile.
Similarly, if Balaji knows that the chances of making silly mistakes in application based questions is low, he can plan to attempt those questions towards the end of the exam, where the chances of making silly mistakes is higher due to stress.
Statements III and VI are unrelated to the issue presented in the question.
Knowing that options for formula based questions are tricky, Balaji can avoid attempting those questions.
By knowing that the popular idiom “practice makes a man perfect” is applicable to formula based questions, he can decide whether to attempt such questions or to avoid them, based on his capability.
Thus, only statements I, II, IV and V are valid for the question presented.
Hence, the correct answer is option 5.