1. Opposite of many

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MCQ-> Read the following passage carefully and answer the questions given below it. Certain words/phrases have been printed in bold tohelp you locate them while answering some of the questions. During the last few years, a lot of hype has been heaped on the BRICS (Brazil, Russia, India, China, and South Africa). With their large populations and rapid growth, these countries, so the argument goes, will soon become some of the largest economies in the world and, in the case of China, the largest of all by as early as 2020. But the BRICS, as well as many other emerging-market economieshave recently experienced a sharp economic slowdown. So, is the honeymoon over? Brazil’s GDP grew by only 1% last year, and may not grow by more than 2% this year, with its potential growth barely above 3%. Russia’s economy may grow by barely 2% this year, with potential growth also at around 3%, despite oil prices being around $100 a barrel. India had a couple of years of strong growth recently (11.2% in 2010 and 7.7% in 2011) but slowed to 4% in 2012. China’s economy grew by 10% a year for the last three decades, but slowed to 7.8% last year and risks a hard landing. And South Africa grew by only 2.5% last year and may not grow faster than 2% this year. Many other previously fast-growing emerging-market economies – for example, Turkey, Argentina, Poland, Hungary, and many in Central and Eastern Europe are experiencing a similar slowdown. So, what is ailing the BRICS and other emerging markets? First, most emerging-market economies were overheating in 2010-2011, with growth above potential and inflation rising and exceeding targets. Many of them thus tightened monetary policy in 2011, with consequences for growth in 2012 that have carried over into this year. Second, the idea that emerging-market economies could fully decouple from economic weakness in advanced economies was farfetched : recession in the eurozone, near-recession in the United Kingdom and Japan in 2011-2012, and slow economic growth in the United States were always likely to affect emerging market performance negatively – via trade, financial links, and investor confidence. For example, the ongoing euro zone downturn has hurt Turkey and emergingmarket economies in Central and Eastern Europe, owing to trade links. Third, most BRICS and a few other emerging markets have moved toward a variant of state capitalism. This implies a slowdown in reforms that increase the private sector’s productivity and economic share, together with a greater economic role for state-owned enterprises (and for state-owned banks in the allocation of credit and savings), as well as resource nationalism, trade protectionism, import substitution industrialization policies, and imposition of capital controls. This approach may have worked at earlier stages of development and when the global financial crisis caused private spending to fall; but it is now distorting economic activity and depressing potential growth. Indeed, China’s slowdown reflects an economic model that is, as former Premier Wen Jiabao put it, “unstable, unbalanced, uncoordinated, and unsustainable,” and that now is adversely affecting growth in emerging Asia and in commodity-exporting emerging markets from Asia to Latin America and Africa. The risk that China will experience a hard landing in the next two years may further hurt many emerging economies. Fourth, the commodity super-cycle that helped Brazil, Russia, South Africa, and many other commodity-exporting emerging markets may be over. Indeed, a boom would be difficult to sustain, given China’s slowdown, higher investment in energysaving technologies, less emphasis on capital-and resource-oriented growth models around the world, and the delayed increase in supply that high prices induced. The fifth, and most recent, factor is the US Federal Reserve’s signals that it might end its policy of quantitative easing earlier than expected, and its hints of an even tual exit from zero interest rates. both of which have caused turbulence in emerging economies’ financial markets. Even before the Fed’s signals, emergingmarket equities and commodities had underperformed this year, owing to China’s slowdown. Since then, emerging-market currencies and fixed-income securities (government and corporate bonds) have taken a hit. 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). The need to finance the external deficit and to avoid excessive depreciation (and even higher inflation) calls for raising policy rates or keeping them on hold at high levels. But monetary tightening would weaken already-slow growth. Thus, emerging economies with large twin deficits and other macroeconomic fragilities may experience further downward pressure on their financial markets and growth rates. These factors explain why growth in most BRICS and many other emerging markets has slowed sharply. Some factors are cyclical, but others – state capitalism, the risk of a hard landing in China, the end of the commodity supercycle -are more structural. Thus, many emerging markets’ growth rates in the next decade may be lower than in the last – as may the outsize returns that investors realised from these economies’ financial assets (currencies, equities. bonds, and commodities). Of course, some of the better-managed emerging-market economies will continue to experitnce rapid growth and asset outperformance. But many of the BRICS, along with some other emerging economies, may hit a thick wall, with growth and financial markets taking a serious beating.Which of the following statement(s) is/are true as per the given information in the passage ? A. Brazil’s GDP grew by only 1% last year, and is expected to grow by approximately 2% this year. B. China’s economy grew by 10% a year for the last three decades but slowed to 7.8% last year. C. BRICS is a group of nations — Barzil, Russia, India China and South Africa....
MCQ-> Study the following information carefully and answer the questions given below : Eight persons — M, N, O, P, Q, R, S and T — are sitting around a circular table at equal distance between each other, but not necessarily in the same order. Some of them are facing the centre while some others are facing outside (i.e., in a direction opposite to the centre) Note : Facing the same direction means if one faces the centre then the other also faces the centre and vice-versa. Facing opposite directions means if one person faces the centre then the other person faces outside and vice-versa. R is sitting second to the right of Q. Only three persons are sitting between R and S. T is sitting second to the right of R. T faces the centre. R and S face opposite directions. P and S face opposite directions. N is sitting second to the left of P. P is not an immediate neighbour of Q. Only one person is sitting between P and O. O is not an immediate neighbour of Q. M is sitting third to the left of T. The immediate neighbours of T face opposite directions. M and R face opposite directions. N faces the same direction as that of O.Which of the following statements is true regarding T according to the given seating arrangement ?
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MCQ-> Read the following information and answer the questions given below. (I) Two wooden cubes ‘A’ and ‘B’ are placed adjacent to each other in front of you in such a way that ‘A’ is to your left and ‘B’ to your right. (II) One pair of opposite faces of cube ‘A’ is painted by the same colour, i.e., Red colour. Another pair of opposite faces is painted by Blue and one of the remaining faces of Yellow and other one is Violet. (III) Only two opposite faces of cube ‘B’ are painted by Blue colour. Remaining pairs of opposite faces are painted in such a way that opposite face of Brown colour is Green and one of the other two opposite faces is Black and the other is White.If Red surface of ‘A’ and Blue of ‘B’ are touching the table and Yellow of ‘A’ and Black of ‘B’ are facing you, then which coloured side of ‘B’ is facing Blue side of ‘A’ ?
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MCQ-> Study the following information carefully and answer the questions given below:Eight friends P, Q, R, S, W, X, Y and Z are sitting around a circular table but not necessarily in the same order. Some of them are facing the centre and some others are facing outside (i.e. in a direction opposite to the centre.) Note :(i) Facing the same direction means if one person faces the centre then the other also faces the centre and vice-versa. (ii) Facing the opposite directions means if one person faces the centre then the other faces outside and vice-versa. (iii) Immediate neighbours facing the same direction means if one person faces the centre then the other also faces the centre and vice-versa. (iv) Immediate neighbours facing the opposite directions means if one person faces the centre then the other faces outside and vice-versa. • R sits second to the right of Y. Only two persons sit between R and W. • P sits to the immediate right of W. W faces outside. • Only one person sits between P and Z. Immediate neighbours of P face opposite directions. • Q sits third to the left of Z. Q is not an immediate neighbour of P. • X faces a direction opposite to that of Y. X is an immediate neighbour of neither Y nor P. • Immediate neighbours of S face same direction. P does not face outside. • R and Q face a direction opposite to that of S.Four of the following five are alike in a certain way based on the direction they are facing and so form a group. Which is the one that does not belong to that group?
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MCQ-> Based on the information answer the questions which follow. Eight officers of Indian Trade Service meet for a cup of coffee at Coffee Point. The officers P, Q, R, S, T. U. V and W are seated in a circle and discuss issues related to Trade in Services, Trade in Intellectual Property Rights. Investments. Tariffs, Remedies. Standards. Trade Facilitation and Subsides not necessarily in the same order. An MBA student sitting on the next table overhears the discussion and ranks the issues as per their importance from 1 to 8. No two issues can have the same rank and no two officers can have the same position. Additional information available is: i. P is sitting to the immediate left of S and the officer opposite to S discusses issues pertaining to Remedies. ii. U's issue is ranked $$7^{th}$$ and there is one officer between U and the officer whose issue is ranked $$2^{nd}$$. iii. The officer whose issue is ranked 1 is not opposite to the officer whose issue is ranked 8 who represents issues related to Investments.iv. The ranks of the issues raised by the officers sitting opposite to each other cannot be both even or both odd. v. The officer discussing issues related to Trade in Services is sitting opposite to T. T is sitting at a gap of one place from P. vi. R is sitting opposite to Q and represent issues related to Standards and Trade in Intellectual Property Rights not necessarily in the same order. vii. P's issue was ranked 4th and he was discussing issues related to Tariffs and sits opposite to the officer ranked 5th who represents issues related to Subsidies. viii. The officers representing issues related to Trade in Services and Trade facilitation are sitting adjacent to each other.Which officer discusses Remedies and what is its rank?
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