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Symbiosis International University 2008 SNAP - Question Paper

Wednesday, 06 February 2013 07:10Web
31. Which does not make a sensible word/phrase when added to the word:
Honey
a. pot
b. suckle
c. comb
d. taste
Directions for ques. No. 32-34: learn the passage carefully and ans within the situation. In September of 1929, traders experienced a lack of confidence in the stock market‘s ability to continue on its phenomenal rise. Prices fell. For many inexperienced investors, the drop produced a panic. They had all their money tied up in the market, and they were pressed to sell before the prices fell even lower. Sell orders were coming in so fast that the ticker tape at the New York Stock Exchange could not accommodate all the transactions. To try the reestablish confidence in the market, a powerful group of New York bankers agreed to pool their funds and purchase stock above current market values. Although the buy orders were minimal, they were counting on their reputations to restore confidence on the part of the smaller investors, thereby affecting the number of sell orders. On Thursday, October 24, Richard Whitney, the Vice President of the New York Stock Exchange and a broker for the J.P. Morgan Company, made the effort on their behalf. Initially it appeared to have been successful, then, on the subsequent Tuesday, the crash began again and accelerated. By 1932, stocks were worth only twenty percent of their value at the 1929 high. The outcomes of the crash had extended into every aspect of the economy, causing a long and painful depression, referred to in American history as the Great Depression.
32. The New York bankers counted on –
a. Current market values
b. The number of sell orders
c. Confidence
d. Their reputation
33. The reason of downfall of share market was-
a. Inexperienced investors
b. Phenomenal reduce
c. Lack of confidence in stock market‘s ability
d. Panic amongst investors
34. select the word in the passage that is an antonym of the =minimal‘
a. Negligible
b. Minimum
c. Maximal
d. Significant
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35. Identity the accurate sentence.
a. The office is opposite to the bank.
b. The office is opposite the bank.
c. The office is opposite from the bank.
d. The office is opposite of the bank.
SNAP
SNAP Test 2008 E 10
Analytical & Logical Reasoning part For all ques. in this section, accurate answers carry two marks every.



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