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Admission Test Section One : Verbal Sample Questions:

1. SODDEN:

A) billowy
B) buoyant
C) laden
D) porous
E) parched

2. PLAGUE : MALADY

A) perjury: homicide
B) emblem: dialogue
C) anecdote: narrative
D) bystander: participant
E) timidity: coward

3. Even detractors who warn of its potential for abuse agree that genetic engineering, if used _______, can
reduce the incidence of the sort of physical deformities that any society would want to eliminate.

A) biologically
B) discriminately
C) illicitly
D) premeditatedly
E) recklessly

4. PITH:

A) adornment
B) frivolity
C) chasm
D) digression
E) bore

5. The author's overall concern is with describing the process researchers are following to identify the genes
responsible for preventing cell death and with the direction (and goals) of current research based on their
findings. Of the five choices, choice B. best expresses the gist of the discussion. enterprise was prepared
for privatization and which form was most suitable for it. Slow privatization, some claim, is the only way to
establish true private ownership, because only those who must pay for enterprise-ownership rights will be
engaged in its management. But this method would only prolong the core problems of inefficiency and
misallocation of labor and capital, and hence either of two approaches to rapid privatization is preferable.
Under one such approach, shares of an enterprise would be distributed among its employees, who would
become its owners. This socialist reform method is deeply flawed; it discriminates in favor of workers who
happen to be employed by modern, efficient enterprises, and it jeopardizes workers' property by requiring
them to invest in the same enterprise in which they are employed, rather than diversifying their
investments. The better approach involves distribution of enterprise shares, free of charge, among all the
people by means of vouchers-a kind of investment money. Some critics charge that voucher holders
would not be interested in how their enterprises are managed-as may be true of small corporate
shareholders in capitalist countries who pay little attention to their investments until the corporation's
profits wane, at which time they rush to sell their securities. But while the resulting fall in stock prices can
be perilous for the corporation, this very pressure is what drives private firms toward efficiency and
profitability. Other detractors predict that most people will sell their vouchers to foreign capitalists.
However, these skeptics ignore the capacity of individuals to compare the future flow of income secured
by a voucher to the benefits of immediate consumption. Moreover, even if an individual should decide to
sell, the aim of voucher privatization is to secure equality not of property but of opportunity.
In responding to "skeptics" who claim that people will sell their vouchers to foreign capitalists (lines 70-77),
the author implies that

A) the future flow of income may often exceed the present exchange value of a voucher
B) foreign capitalists are less interested in the success of voucher privatization than in making a profit
C) foreign capitalists will not be willing to pay a fair price for the vouchers
D) skeptics of privatization do not understand how capitalism works
E) foreign investment in a nation's enterprises may adversely affect currency exchange rates

Solutions:

Question # 1 Answer: E

Question # 2 Answer: C

Question # 3 Answer: B

Question # 4 Answer: D

Question # 5 Answer: A