it is a must be condition - to have experience in M&A and respected by analyst, we are not given any of this, don't understand how 1A and 1B are marked as a possibility when the must be conditions are not given to us at all
John joined the bank as an Analyst when he was 22. One year later he asked for promotion to Associate. Is it possible that he will be promoted?
John has worked as analyst for 1 year only, although there is a requirement of 2 years experience.
But there is a provision of waiving off of the requirement of 2 years as an analyst, if one gets 3 strong recommendations from either other associates or principals.
Since this is a question that asks us if POSSIBLE, our answer will be YES as he can be promoted if he has other requisite eligibility.
Cameron has never worked with this particular bank. He is 28 years old with 4+ years of investment banking experience and an MBA from a two-year program outside of the top 15 business schools. Is it possible for Cameron to be eligible to apply for the position of Principal?
When you go through the requirements for a principal post,
Cameron meets all the criteria, so YES again.
George was promoted from Analyst to Associate 3 years ago. Assuming George has remained in his position as Associate, is he eligible to be promoted to Principal?
Now, George was NOT an MBA when working as Analyst. Thereafter, he is promoted to Associate 3 years ago, and has remained there.
We can, therefore, infer that he is yet to complete his 2-yr MBA.
Hence he does not meet requisite criteria, and our answer will be NO.
Solution --
YES,
YES,
NO