Search Previous Year Questions

The correct answer is 'B' i.e. this part of the sentence has an error.

Key Points

• In the second part of the given sentence, the singular form of the noun 'aim' is incorrect.

• The phrase ''One of'' in the given sentence is a singular term and is generally used to talk about a noun or a pronoun.

• The noun or a pronoun used after the phrase ''one of'' is always in the plural form (as we are talking of one person/place/thing out of many).

• For Example:

• ​One of the key to happiness is a bad memory.

• One of the keys to happiness is a bad memory.

• Therefore, the plural form of the noun 'aims' should be used in place of the singular noun 'aim.'

Hence, the correct answer is option 2.

Correct sentence: One of the aims of Ethnography is to contribute to an understanding of the human race.

Additional Information

• The helping verb will always be in the singular form (here, is), as the helping verb agrees with ''one of'' and not with the plural noun in the sentence.

• For Example:

• ​One of the keys to happiness are a bad memory.

• One of the keys to happiness is a bad memory.

The correct answer is 'A' i.e. this part of the sentence has an error.

Key Points

• In the first part of the given sentence, the use of the simple future tense ''will eat'' in the if-clause is incorrect.
• The given sentence is the first conditional sentence expressing a situation in which the outcome is likely to happen in the future.
• When using the first conditional we use the simple present tense in the if-clause and simple future tense in the main clause.
• Structure: If + present simple, will/won’t + verb or Will/Won't + base form of the verb + if + simple present.
• Therefore, the simple present tense 'eat' should be used in place of the simple future tense ''will eat''.

Hence, the correct answer is option 1.

Correct sentence: If you eat your breakfast, you will be allowed to watch television.

The correct answer is 'proffered'.

Key Points

• The given passage is talking about having financial literacy.
• While talking about a question posed in a multiple‐choice quiz by Standard and Poor's, a rating agency, the author says "The answers (1) were "less than $150", "exactly $150" and "more than $150".
• According to the given sentence, it can be understood that we need a word in the blank that gives a meaning similar to 'given/ put forward'.
• The word 'proffered' means 'hold out or put forward (something) to someone for acceptance'. It means that the answers that were put forth for the multiple‐choice quiz were "less than $150", "exactly $150" and "more than $150".
• From the given explanation, it can be understood that 'proferred' is the most appropriate option to fill in the blank I.
• Therefore, option 3 is the correct answer. 

Complete Sentence: The answers proffered were "less than $150", "exactly $150" and "more than $150.

Additional Information

• Let's learn the meanings of the other words given in the options:
• volunteer: a person who freely offers to take part in an enterprise or undertake a task.
• suggest: put forward for consideration.
• compromised: settle a dispute by mutual concession.
• guessing: estimate or conclude (something) without sufficient information to be sure of being correct$.

The correct answer is 'understood'.

Key Points

• The given passage is talking about having financial literacy.
• Let's refer to the passage, "The intention was to test whether respondents _(2) compound interest, in addition to basic mathematics."
• According to the sentence, we need a word in the blank that gives the meaning that the intention of the rating agency was to test whether the respondents were able to grasp the basic mathematics.
• The word 'understood' means 'perceive the intended meaning of (words, a language, or a speaker)'.
• From the given explanation, it can be concluded that 'understood' is the most appropriate option to fill in the blank II.
• Therefore, option 5 is the correct answer. 

Complete Sentence: The intention was to test whether respondents understood compound interest, in addition to basic mathematics.

Additional Information

• Let's learn the meanings of the other words given in the options:
• familiar​: well known from long or close association.
• comprehension: the ability to understand something.
• valued: considered to be important or beneficial; cherished.
• decide: come or bring to a resolution in the mind as a result of consideration.

The correct answer is 'correctly'.

Key Points

• The given passage is talking about having financial literacy.
• Let's refer to the passage, "Alas, not that many did: just one‐third of them answered three out of five similar multiple‐choice questions __(3)_."
• According to the sentence, we need an adverb that gives the meaning that only one‐third of the respondents answered the questions correctly. Because the lines 'not many did' means that not many respondents answered correctly.
• The word 'correctly' means 'accurately.'
• From the given explanation, it can be understood that 'correctly' is the most appropriate option to fill in the blank III.
• Therefore, option 2 is the correct answer. 

Complete Sentence: Alas, not that many did: just one‐third of them answered three out of five similar multiple‐choice questions correctly.

Additional Information

• Let's learn the meanings of the other words given in the options:
• ​truthfully: in a way that expresses the truth; honestly.
• flawless: without any imperfections or defects; perfect.
• precisely: in exact terms; without vagueness.
• instead: as an alternative or substitute.

The correct answer is 'determining'.

Key Points

• The given passage is talking about having financial literacy.
• Let's refer to the passage, "While education plays a large role in _(4) financial literacy, the link with GDP per person is also remarkably strong".
• According to the given sentence, we need a word in the blank that gives the meaning that education is a major factor in evaluating financial literacy.
• The word 'determining' means 'ascertain or establish exactly by research or calculation.'
• From the given explanation, it can be understood that 'determining' is the most appropriate option to fill in the blank IV.
• Therefore, option 2 is the correct answer. 

Complete Sentence: While education plays a large role in determining financial literacy, the link with GDP per person is also remarkably strong.

Additional Information

• Let's learn the meanings of the other words given in the options:
• standard: a level of quality or attainment.
• shape: make (something) fit the form of something else.
• discovering: become aware of (a fact or situation).
• participating: take part in an action or endeavour.

The correct answer is 'follows'.

Key Points

• The best option for the blank is "follows". The passage discusses the pattern of knowledge or financial literacy among different age groups in various countries. The term "follows a U-shaped curve" is a statistical reference and it is used to indicate that the distribution or pattern of something, in this case knowledge or financial literacy, takes the shape of a U-curve - i.e., it increases, then decreases, then increases again.
• The sentence, therefore, implies that research shows that in developed countries, the pattern of knowledge or financial literacy in terms of age follows a U-shaped curve, with middle-aged adults scoring the highest, whereas in developing countries, financial literacy is best among the younger population.
• The other options (abides, gained, create, develops) do not fit the context and use of the "U-shaped curve," which is specifically a term used in statistics to describe a certain type of distribution or pattern. Therefore, option 3) "follows" is the most appropriate choice to complete the sentence.
• From the given explanation, it can be understood that 'follows' is the most appropriate option to fill in the blank V.
• Therefore, option 3 is the correct answer. 

Complete Sentence: Research shows that in developed countries, knowledge follows a U-shaped curve with middle-aged adults performing best while in developing countries financial literacy is best among the young. But worryingly many countries remain in a 1960s time warp.

Additional Information

• Let's learn the meanings of the other words given in the options:
• abides: accept or act in accordance with (a rule, decision, or recommendation).
• create: bring (something) into existence.
• develops: grow or cause to grow and become more mature, advanced, or elaborate.

The correct answer is '​Both A and B.'

Key Points

• The word 'Graze' as a verb means To scrape and break the surface of the skin of a part of the body.
• The word 'Graze' as a verb means (Of cattle, sheep, etc.) eat grass in a field.
• In sentence A, the word 'Graze' has been correctly used as a verb as the sentence is talking about someone referring to the broken surface of the skin on other person's knee.
• In sentence B, the word 'Graze' has been correctly used as a verb as the sentence is talking about a good grassland for cattle and horses to eat grass.
• In sentence C, the word 'Graze' is inappropriately used and doesn't fit the context of the sentence.

Hence, the only possible answer is option 2.

The correct answer is '​Both B and C.'

Key Points

• The word 'Stock' as a noun means The capital raised by a company or corporation through the issue and subscription of shares.
• The word 'Stock' as a noun means The goods or merchandise kept on the premises of a shop or warehouse and available for sale or distribution.
• In sentence A, the word 'Stock' is inappropriately used and doesn't fit the context of the sentence.
• In sentence B, the word 'Stock' has been correctly used as a noun as the sentence is talking about the rise in the value of the company's capital.
• In sentence C, the word 'Stock' has been correctly used as a noun as the sentence is talking about a shop taking its goods every week on Friday.

Hence, the only possible answer is option 4.

The correct answer is '​Both A and B.'

Key Points

• The word 'Drop' as a noun means A fall to a smaller amount or level.
• The word 'Drop' as a noun means A very small amount of liquid that forms a round shape.
• In sentence A, the word 'Drop' has been correctly used as a verb as the sentence is talking about a fall in the level of temperature.
• In sentence B, the word 'Drop' has been correctly used as a noun as the sentence is talking about a small amount of water falling on someone's head.
• In sentence C, the word 'Drop' is inappropriately used and doesn't fit the context of the sentence.

Hence, the only possible answer is option 2.