D.I.

& REASONING
AFTERSCHO☺OL
– DEVELOPING CHANGE MAKERS
CENTRE FOR SOCIAL ENTREPRENEURSHIP
PGPSE PROGRAMME –
World’ Most Comprehensive programme in social
entrepreneurship & spiritual entrepreneurship
OPEN FOR ALL FREE FOR ALL

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 D.I. & REASONING
Dr. T.K. Jain.
AFTERSCHO☺OL
Centre for social entrepreneurship
Bikaner M: 9414430763
tkjainbkn@yahoo.co.in
www.afterschool.tk, www.afterschoool.tk
www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS
 Some persons were taking free throws at the
basketball court in school during lunch break. Below
are some facts about how many baskets these children
shot.
• i. Ganesh shot 8 baskets less than Ashish.
ii. Jitu and Goti together shot 37 baskets.
iii. Jugraj shot 8 baskets more than Jitu.
iv. Ashish shot 5 baskets more than Jitu.
v. Ashish and Ganesh together shot 40 baskets.
86. Which of the following statements is true?
[1] Goti shot 18 baskets and Jitu shot 19 baskets. 2]
Ganesh shot 24 baskets and Ashish shot 16 baskets.
[3] Jugraj shot 19 baskets and Jitu shot 27 baskets. [4]
Jitu shot 11 baskets and Ashish shot 16 baskets.

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 Solution . . . .
• First option is right. Try other options, and
you find that conditions are not fulfilled.

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 Data Sufficiency
F and M are father and mother of S,
respectively. S has four uncles and three
aunts. F has two siblings. The siblings of F
and M are unmarried. How many brothers
does M have?
• A. F has two brothers.
• B. M has five siblings.
Solution:
A is sufficient to answer (2brother)
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 DATA SUFFICIENCY
A game consists of tossing a coin successively. There is
an entry fee of Rs. 10 and an additional fee of Re. 1 for
each toss of the coin. The game is considered to have
ended normally when the coin turns heads on two
consecutive throws. In this case the player is paid Rs.
100. Alternatively, the player can choose to terminate the
game prematurely after any of the tosses. Ram has
incurred a loss of Rs 50 by playing this game. How many
times did he toss the coin?
• A. The game ended normally.
• B. The total number of tails obtained in the game was
138.

www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS

 SOLUTION
• THERE ARE MANY OPTIONS, SO WE
CANNOT FIND ANSWER FROM THESE
TWO OPTIONS.

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 Puzzle
• A, B, C, D, E, and F are a group of friends. There are
two housewives, one professor, one engineer, one
• accountant and one lawyer in the group. There are only
two married couples in the group. The lawyer is married
to D, who is a housewife. No woman in the group is
either an engineer or an accountant. C, the accountant,
is married to F, who is a professor. A is married to a
housewife. E is not a housewife.
Which of the following is one of the married couples?
• [1] A &B [2] B&E [3] D&E [4] A & D

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 Solution
• One couple is C and F, here C is male and
F is female.
• Now there can be only one more couple. A
is married to a housewife, and D is
housewife. So the other couple is A
(lawyer) & D.

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 Solution . . .

www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS

 When does the court order of
dissolution of the firm ?
• In case of insanity of the partner (sec. 44)
• In case of misconduct by a partner
• In case of permanent incapacity of the
partner
• Persistent breach of agreement
• Just and equitable.

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 When will the firm be compulsorily
dissolved?
1. unlawful business
2. Insolvancy of all but one partners
3. If the partnership is for a fixed period,
and the period is over
4. Death of a partner (in case of 2 partners)
5. Dissolution on happening of contingency.

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Gourav and Pawan are partners for
construction of a Bridge. The bridge
was constructed on 23 September,
but the bill was prepared and
submitted on 1 December. When
will the partnership be dissolved?
• 1 December

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A and B are partners, they made an
agreement that in case any of them
dies, the firm will not dissolve. The
firm will continue to work. Instead of
the deceased partner, his legal
representative will join the
business. A dies on 1 Jan. His legal
representative will join the
business. Is the firm still intact?
• No – the firm stands dissolved.
www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS
 A, B, C are partners selling liquar in
Rajasthan. Rajasthan government
decides to impose prohibition on
liquar and liquar business. A,B,C
are planning to introduce new
products. Is the firm intact?
• No

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 Sandeep and Rishabh start a
chartered accountancy firm in
partnership. Rishabh places an
order on Pawan to supply 100
bales of wheat. The order is placed
on firm’s letterhead. Is the firm
liable to make the payment to
Pawan?
• No. (Rishabh is liable to make the
payment).
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A & B are partners. They undertake
some business, which causes
heavy losses. A dies. Can the
property of A be used to meet
liability?
• Yes

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 A & B are partners. They place an
order, which causes heavy losses.
The goods as per the order were
delivered after the death of A. Can
the property of A be used to meet
liability?
• No. when A was alive, there was no
liability. The transaction was completed
after the death of A.

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 Bank of Rajasthan has given a
gurarantee for Jayati and Nidhi &
Co. However, Nidhi transfers her
share to Sapna. Is the bank still
liable for its guarantee (with Jayati’s
consent)?
• No.

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Sapna and Jayati start cloth trading
firm. Jayati starts her powerloom.
Sapna sues her and asks her to
give a share of her profit to the firm.
Is she right?
• No – powerloom is neither competing nor
similar business to cloth trading.

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 Nidhi and Jayati are partners in a
firm. They share profits equally. But
losses are to be borne by Nidhi
only. Is it partnership?

• Yes

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 Lata & Khushboo start a firm, in
which they buy material and
process that and send goods to
help flood affected persons all over
India. Is it a partnership?
• No.

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 Rishabh and Sandeep are co-
owners of Gangashahr Gurest
House. They use it for their picnics
and for amusement parties.
Sometimes they give it to others on
charges also. Are they partners?
• Yes

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 Jayati and Nidhi enter into a
contract. Jayati will write books and
Nidhi will publish them and market
them.they will share the earnings
(profits). Is it a partnership?
• No.

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 Does a partnership has a separate
legal existance (from partners)?
• No

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 Prateek and Dhawal are partners.
Is Prateek bound by the business
deals done by Dhawal in normal
business (done without his
knowledge) ?
• Yes

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 Dhawal & Rishabh are partners.
However, they have not yet
invested a single penny in the
business. Can they be partners
with such fancy ideas. They plan to
sell dreams to people?
• Yes (if it is possible to sell dreams)

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Nidhi wants to offer her expertise in
interior designing to Nidhi & Jayati
& Co (in which she is also a
partner). She wants to enter into a
contract with the firm. Will she
succeed?
• No

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 ABOUT AFTERSCHO☺OL
Afterschoool conducts three year integrated PGPSE
(after class 12th along with IAS / CA / CS) and 18
month PGPSE (Post Graduate Programme in Social
Entrepreneurship) along with preparation for CS / CFP /
CFA /CMA / FRM. This course is also available online
also. It also conducts workshops on social
entrepreneurship in schools and colleges all over India –
start social entrepreneurship club in your institution
today with the help from afterschoool and help us in
developing society.

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 Why such a programme?
• To promote people to take up entrepreneurship
and help develop the society
• To enable people to take up franchising and
other such options to start a business / social
development project
• To enable people to take up social development
as their mission
• To enable people to promote spirituality and
positive thinking in the world

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 Who are our supporters?
• Afterschoolians, our past beneficiaries,
entrepreneurs and social entrepreneurs
are supporting us.
• You can also support us – not necessarily
by money – but by being promotor of our
concept and our ideas.

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 About AFTERSCHO☺OL PGPSE – the
best programme for developing great
entrepreneurs
• Most flexible, adaptive but rigorous programme
• Available in distance learning mode
• Case study focused- latest cases
• Industry oriented practical curriculum
• Designed to make you entrepreneurs – not just
an employee
• Option to take up part time job – so earn while
you learn
• The only absolutely free course on internet
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 Workshops from
AFTERSCHO☺OL
• IIF, Delhi
• CIPS, Jaipur
• ICSI Hyderabad Branch
• Gyan Vihar, Jaipur
• Apex Institute of Management, Jaipur
• Aravali Institute of Management, Jodhpur
• Xavier Institute of Management, Bhubaneshwar
• Pacific Institute, Udaipur
• Engineering College, Hyderabad

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 Flexible Specialisations:
• Spiritualising business and society
• Rural development and transformation
• HRD and Education, Social Development
• NGO and voluntary work
• Investment analysis,microfinance and inclusion
• Retail sector, BPO, KPO
• Accounting & Information system (with CA / CS /CMA)
• Hospital management and Health care
• Hospitality sector and culture and heritage
• Other sectors of high growth, high technology and social
relevance

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 Salient features:
• The only programme of its kind (in the whole world)
• No publicity and low profile course
• For those who want to achieve success in life – not just a
degree
• Flexible – you may stay for a month and continue the rest of
the education by distance mode. / you may attend weekend
classes
• Scholarships for those from poor economic background
• Latest and constantly changing curriculum – keeping pace
with the time
• Placement for those who are interested
• Admissions open throughout the year
• Latest and most advanced technologies, books and study
material

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 Components
• Pedagogy curriculum and approach based on IIM Ahmedabad and ISB
Hyderabad (the founder is alumnus from IIMA & ISB Hyderabad)
• Meditation, spiritualisation, and self development
• Essential softwares for business
• Business plan, Research projects
• Participation in conferences / seminars
• Workshops on leadership, team building etc.
• Written submissions of research projects/articles / papers
• Interview of entrepreneurs, writing biographies of entrepreneurs
• Editing of journals / newsletters
• Consultancy / research projects
• Assignments, communication skill workshops
• Participation in conferences and seminars
• Group discussions, mock interviews, self development diaryng
• Mind Power Training & writing workshop (by Dr. T.K.Jain)

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 Pedagogy
• Case analysis,
• Articles from Harvard Business Review
• Quiz, seminars, workshops, games,
• Visits to entrepreneurs and industrial visits
• Presentations, Latest audio-visuals
• Group discussions and group projects
• Periodic self assessment
• Mentoring and counselling
• Study exchange programme (with institutions out of
India)
• Rural development / Social welfare projects
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 Branches
• AFTERSCHO☺OL will shortly open its
branches in important cities in India
including Delhi, Kota, Mumbai, Gurgaon
and other important cities.
Afterschooolians will be responsible for
managing and developing these branches
– and for promoting social entrepreneurs.

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 Case Studies
• We want to write case studies on social
entrepreneurs, first generation
entrepreneurs, ethical entrepreneurs.
Please help us in this process. Help us to
be in touch with entrepreneurs, so that we
may develop entrepreneurs.

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Basic values at AFTERSCHO☺OL
• Share to learn more
• Interact to develop yourself
• Fear is your worst enemy
• Make mistakes to learn
• Study & discuss in a group
• Criticism is the healthy route to mutual support
and help
• Ask fundamental questions : why, when, how &
where?
• Embrace change – and compete with yourself
only
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 www.afterschoool.tk
social entrepreneurship for better
society

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