Test Index

LIC AAO 22 Mar 2015 Paper

Question : 10

Total: 160

College XYZ has doubled the fees charged from students this year as a result of which it has made three times profit as compared to other State run colleges.
College has received the permission this year to lend its campus for marriages and other social events and this would be an additional source of income for the college.
It was recently found out that most of the bills submitted about the usage of the money received by the college as government funds are fabricated and show much more amount than the actual expenditure.
Despite repeated warning from the authorities since past two years, the college has continued to reserve some seats for students who are willing to pay huge donation in addition to fees.
Although the performance of students of XYZ has improved a little in academics this year, it has deteriorated drastically in sports and other extracurricular activities.

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