CLAT Sample Paper UG-CLAT Mock Test-6 (2020)

  • question_answer
    Direction: Study the following passage carefully and answer the questions given below:
    The financial market with its thousands of different products such as stocks, bonds, commodities, market indices and currencies generate a lot of data every second, which has accumulated to high data volumes throughout these years. The main challenge in high data volume field lies in analyzing the data under different perspectives and assumptions to understand historical and current scenarios and then monitoring the market to forecast temporal trends and to identify advantageous recurring behaviors with the help of data volumes. Visual analytics applications can help analysts, investors and researchers in obtaining insights and understanding into previous stock market developments, as well as supporting the decision-making progress by monitoring the stock market in real-time. This analytics are to take necessary actions for a competitive advantage. This kind of interesting domain with its huge amount of complex data serves as a motivation and challenge to try new methods.
    What is the true assumption about the financial markets?

    A) It has forecast temporal trends in the markets

    B) It is for a competitive advantage of the market

    C) It has different notional money values

    D) It is challenge to try new methods in stock market

    Correct Answer: C

    Solution :

    (c)
    1. Inductive reasoning
    2. Assumption
    3. Degrees of a Characteristic Analogy
    The financial markets are the monitory investment places different notional products such as stocks, bonds, commodities, market indices and currencies. These notional products have established monitory values.


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