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d) A salaried individual can invest up to Rs. a) Phone call rates are not likely to go up.
1lakh and claim tax deduction under Section b) There are not too many players in the
80 C of the I-T Act. telecom market.
e) None of these c) It costs a lot to buy spectrum.
49) Do tax-free bonds qualify for tax d) Raising telecom tariffs involves prior
deduction under Section 80C? Well, approval from TRAI.
according to stories doing the rounds, e) None of these
somebody thought they do and bought
them. Needless to say, the poor soul
realised that tax-free bonds were not QUANTITATIVE APTITUDE
meant to save tax under Section 80C,
they only offer tax-free interest. Directions (Q. 51-55): What approximate value
Similarly, many bank customers are not should come in place of the question mark (?)
aware that the bond they just bought to in the following question?
save tax is actually an insurance policy. 51) 724.998 24.048 14.954 =?
Some taxpayers also dont know that a a) 8 b) 13
PPF is a 15-year account. c) 2 d) 10
Which of the following inferences can be e) 16
made in the above situation? 52) (848.999 + 274.052) 3.0054 =?
a) Investors are unaware of the nitty-gritty of a) 940 b) 836
tax-saving instruments. c) 184 d) 298
b) Investment consultants often take their e) 374
clients for a ride. 3
53) 84900 =?
c) There are no bonds that save your taxes in a) 56 b) 44
their year of investment. c) 67 d) 33
d) PPF allows tax benefits after a period of e) 21
15 years. 54) 18.5% of 425 + 16.2% of 388 =?
e) None of these a) 141 b) 224
50) Raising tariffs wont be an easy option c) 116 d) 183
since the market is still very e) 215
competitive and all operators do not 55) 18.345 19.068 ? = 11538.93375
have the same high costs of spectrum. a) 46 b) 61
Which of the following assumptions is implicit c) 27 d) 33
in the above statement? (An assumption is e) 55
something supposed or taken for granted.)
Directions (Qs. 56-60): Study the table carefully to answer the questions that follow: Monthly Bill (in
Rs.) of landline phone, electricity, laundry and mobile phone and mobile phone paid by three different people in
five different months
MONTHLY BILL
Month Landline phone Electricity Laundry Mobile phones
Ravi Dev Manu Ravi Dev Manu Ravi Dev Manu Ravi Dev Manu
March 234 190 113 145 245 315 93 323 65 144 234 345
April 124 234 321 270 220 135 151 134 35 164 221 325
May 156 432 211 86 150 98 232 442 132 143 532 332
June 87 123 124 124 150 116 213 324 184 245 134 125
July 221 104 156 235 103 131 143 532 143 324 432 543

56) What is the total amount of bill paid by 58) What is the difference between the
Dev in the month of June for all the four mobile phone bill paid by Ravi in the
commodities? month of May and the laundry bill paid
a) Rs. 608 b) Rs. 763 by Dev in the month of March?
c) Rs. 731 d) Rs. 683 a) Rs. 180 b) Rs. 176
e) Rs. 674 c) Rs. 190 d) Rs. 167
57) What is the average electricity bill paid e) Rs. 196
by Manu over all the five months 59) In which months respectively did Manu
together? pay the second highest mobile phone
a) Rs. 183 b) Rs. 149 bill and the second lowest electricity
c) Rs. 159 d) Rs. 178 bill?
e) Rs. 164 a) April and June b) April and May
c) March and June d) March and May
GENERAL AWARENESS APRIL 2015 60