2023 2024 MBA - NMAT Practice Test

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NMAT Test Sample Paper

Analysts of the Soviet economy are wrestling with an intriguing mystery: How can the Soviet Government claim that the industrial output goal of the just concluded five-year plan was successfully reached when almost all the available detailed production data suggest output actually fell well below the desired levels?
The suspicion is strong among many analysts that a large part of the answer to the puzzle may be the hidden performance of Soviet military industry. The mystery would be solved if, as many a analysts suspect, output of soviet military hardware was pushed beyond original plans during 1966 – 70 and many types of civilian production were cut back to free resources
for military needs.
The mystery was posed sharply this month. By publication of the detailed Soviet economic report for 1970, the last year of the Eighth five-year Plan. The document gives precise production data for several dozen major industrial commodities or categories, and these can be compared with the corresponding 1970 output goals adopted in April, 1966, by the 23rd
Soviet Communist Party Congress.
The comparison shows that for about 30 major commodities or commodity groupings-ranging from steel and electric power to paper, automobiles and television sets in 1970 output was below the planned target, often substantially below.
Data for only about a half dozens or so commodities or commodity grouping show that in their cases the 1970 goal of the 5 year plan was reached.
Yet over-all Soviet industrial production statistics claim that industry’s output grew about 50 per cent from 1966, i.e. reaching precisely the over-all target set by the 23rd Congress back in 1966.

The article explains that some of the discrepancy between Soviet claims of economic-growth and available data might be attributable to
(A) Soviet concern about the disclosure of trade secrets
(B) undisclosed military production
(C) Soviet failure to achieve desired goals
(D) unwillingness of Russia to disclose all the facts

How many 5 Year Plans has the Soviet Union had?
(A) 2 (B) 4 (C) 6 (D) 8

In how many of the commodity groupings was the 1970 production goal achieved?
(A) 3 (B) 6 (C) 12 (D) 15

Which of the following is mentioned by the author as being a major commodity group?
I. Television sets II. Electric power III. Steel
(A) II and III (B) I and II (C) I, II, III (D) I only

According to Soviet claims, industrial output
(A) exactly equaled goals set in 1966 (B) exceeded expectations by as much as 50%
(C) was overestimated by the Twenty-third Congress (D) failed to measure up to Red China’s output

The most important commodity group where production goals were achieved is
(A) shoes (B) steel (C) oil (D) cement

Those who adopt the inflation theory to explain the Soviet economic mystery feel that
(A) the Russians normally inflate their claims
(B) global inflation has finally penetrated-the iron Curtain
(C) deflation has offset the recent inflation in the Soviet Union
(D) new products now being produced in the Soviet Union have relatively high prices

What have the Soviet done to explain the discrepancy?
(A) They blame the capitalist influence of the West.
(B) They refer to articles written by Soviet economists
(C) The Russians contend that much progress has taken the form of improved technology
(D) The Russians have given no explanation

NMAT Test Sample Paper

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