1. Which of the following is the fastest?






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MCQ-> Read the following passage carefully and answer the given questions. Certain words are given in bold to help you locate them while answering some of the questions.With India expected to turn the corner on the back of structural reforms. Its economy is projected to clock 7 per cent growth in 2015, even as China would see as economic slowdown, says a study.Presenting predictions by its economists for the New Year, global consultancy PWC said India is expected to resume growing at more than 6 percent after seeing expansion below this level since 2012.We think 2012 could be the year that India turns the corner, posting growth of around 7 percent. In the short term, low oil prices are likely to increase GDP growth, ease the pressures of India’s high current account deficit and help bring down inflation. Regarding the country’s mediumterm economic prospects, PWC said, `With the February 2015 budget India could take a step towards implementing new structural reforms which will boost the economy.”India’s economic growth was below 5 percent in the last two financial years. The Reserve Bank of India (RBI) forecast the economy to grow at 5.5 percent in 201415 (ending this March) and at 6.3 percent in next financial year 201516. PWC said that even though China is expected to make the biggest contribution to global growth this year, its projected growth rate of 7.2 percent “would be its lowest since 1990 and its high debt levels pose some downside risks to that main scenario.” While the US is expected to see the fastest growth in a decade, euro zone is anticipated to see quantitative easing programme involving the purchase of government bonds. As per the report businesses. should look out three factors yearoil prices, hard lending in China and escalation of geopohucal risks. Our predictions and projections assume that oil prices will average between $6070 over the course of 2015 and finish this year at around USD 80. However, due to the highly unpredictable nature of oil prices, businesses should plan for different scenarios, the PWC report said.Besides an escalation of the geopolitical tensions in Russia and Ukraine as well as in the Middle. East could have negative influence on Indian business confidence, with consequent implications for global growth.Which of the following best expresses the phase ‘on the back of , as used in the passage ?
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MCQ-> Read the following caselet and answer questions that follow:Divya grew up in a business family in Hyderabad. As a Systems engineer she travelled extensively on business deals and later settled in her in-law’s place in Warangal. Once during her visit to Thailand she got to taste some roll over ice cream. Interestingly, a few weeks later, she came across an advertisement from a reputed Bangalore based Rollover Handcrafted Ice Cream Company calling for expression of interest from potential franchises.Warangal did not have any quality ice cream parlour. The company wanted the potential franchisees to invest Rs. 20 lacs and 700 square feet space. Profits were to be shared in 3:7 ratio between the company and the franchisee. Divya was excited, but was wondering if Rs. 20 lacs was too much to invest. Further, she did not have the entire amount and was thinking of taking a loan. She enquired with the Rollover franchisees and found that a franchisee in Hyderabad had sales revenue varying between 5 and 6 lacs rupees per month with a profit margin between 25-30%. Divya decided to go ahead. Warangal had three main areas -Kazipet, Jangaon and Warangal. All areas were linked by good roads. Kazipet was a business area where most high end retail formats were located. It was also the education hub of the city. Jangaon, on the other hand, was a growing lower middle class business area and Warangal was mostly residential.Divya favoured Kazipet. However, she soon encountered problems. Not only was it difficult to obtain space in Kazipet but property rentals touched 30-40 rupees per square feet per month as against Jangaon and Warangal where it was 15-20 rupees per square feet per month. Divya’s friend, who lived in Jangaon, told her that a few branded outlets were opening in Jangaon and it appeared to be the fastest growing market in Warangal with the highest percentage of teenagers. But, Divya was not in favour of Jangaon. She hoped to target college going crowd of Kazipet. High real estate prices in Kazipet and lower profitability estimate in Jangaon market confused Divya.Which of the following options, if true, would most likely interest Divya to start a franchise?
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