Who is the author of “The Last Face”? ?->(Show Answer!)

1. Who is the author of “The Last Face”?

Answer: Pyare Lal

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The era of cheap or zerointerest money that led to a wall of liquidity chasing high yields and assets equities, bonds, currencies, and commodities – in emerging markets is drawing to a close. Finally, while many emerging-market economies tend to run current-account surpluses, a growing number of them – including Turkey, South Africa, Brazil, and India – are running deficits. And these deficits are now being financed in riskier ways: more debt than equity; more short-term debt than longterm debt; more foreign-currency debt than local-currency debt; and more financing from fickle cross-border interbank flows. These countries share other weaknesses as well: excessive fiscal deficits, abovetarget inflation, and stability risk (reflected not only in the recent political turmoil in Brazil and Turkey, but also in South Africa’s labour strife and India’s political and electoral uncertainties). 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MCQ-> Eight persons N, O, P, Q, R, S, T and U are sitting around a circular area at equal distances between each other, but not necessarily in the same order. Some of the people are facing the centre while some face outside (i.e. in a direction opposite to the centre). R sits second to the right of T. T face the centre. O sits third to the left of R. R and O face opposite directions. Immediate neighbours of O face the centre. P sits second to the right of O. U sits to the immediate left of P. N sits second to the left of Q. Q faces the same direction as O. Q is not an immediate neighbour of T. Immediate neighbours of R face opposite directions. (i.e. if one neighbour faces the centre the other neighbour faces outside and vice-versa.)Four of the following five are alike in a certain way based on the given seating arrangement and so form a group. Which is the one that does not belong to that group ?
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