CLAT Sample Paper UG-CLAT Mock Test-7 (2020)

  • question_answer
    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 this 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 assumption behind the benefit of high data volumes?

    A) Shows different perspective of monitoring

    B) Assumes historical differences of domains

    C) Analysis of data and necessary actions

    D) To know recurring behavior and current status

    Correct Answer: D

    Solution :

    (d) 1. Criteria reasoning 2. Assumptions 3. Related Object Analogies The assumptions are 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.


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