Which one of the following country has the largest proven resources of oil (Billion Barrels) ?->(Show Answer!)

1. Which one of the following country has the largest proven resources of oil (Billion Barrels)

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MCQ->In this question, a passage is given followed by a statement. Read the passage carefully and judge the statement based on the given passage.The strong olfactory sense elephants ar e known for has come as a blessing in disguise for the police in curbing illicit liquor trade in Uttarakhand’s Udham SinghNagar district. The animals find lahan, the substance used for brewing liquor, hidden in forests of Khatima in the district, and destroy them. Manufacturers brew it near nullahsdeep inside the forests or near the villages to avoid police raids as flowing water is required for fermentation.Lahan is sealed in barrels or polythene bags and buried for four to five days for fermentation. Elephants reach the spot by smelling the substance and destroy the barrels to consume the liquor, said Yogesh Upadhaya, inspector, Khatima police station. He said some traders keep the barrels on scaffoldings on trees but they are easily spotted by the police. “We have destroyed thousand litres of lahan in the past 23 months. They were stored in barrels on scaffoldings,” said Yogesh Upadhyay, inspector. “Miscreants place barrels of lahan on trees to keep them away from elephants. Elephants find them and destroy the barrels to consume the substance, causing heavy loss to the manufacturers,” he added. A villager, said: “The liquor is sold for Rs 80 to 100 per litre in villages. Since it is cheaper than liquor available in the market, people buy it even after knowing its impact on health. Elephants are playing vital role in curbing the trade.” Statement: Lahan is one of the costliest liquor that is available.Choose the appropriate one from the following options A The statement is definitely true. B The statement is probably true. C The statement cannot be determ ined. D The statement is definitely false.....

MCQ->In this question, a passage is given followed by a statement. Read the passage carefully and judge the statement based on the given passage. The strong olfactory sense elephants ar e known for has come as a blessing in disguise for the police in curbing illicit liquor trade in Uttarakhand’s Udham SinghNagar district. The animals find lahan, the substance used for brewing liquor, hidden in forests of Khatima in the district, and destroy them. Manufacturers brew it near nullahsdeep inside the forests or near the villages to avoid police raids as flowing water is required for fermentation. Lahan is sealed in barrels or polythene bags and buried for four to five days for fermentation. Elephants reach the spot by smelling the substance and destroy the barrels to consume the liquor, said Yogesh Upadhaya, inspector, Khatima police station. He said some traders keep the barrels on scaffoldings on trees but they are easily spotted by the police. “We have destroyed thousand litres of lahan in the past 23 months. They were stored in barrels on scaffoldings,” said Yogesh Upadhyay, inspector. “Miscreants place barrels of lahan on trees to keep them away from elephants. Elephants find them and destroy the barrels to consume the substance, causing heavy loss to the manufacturers,” he added. A villager, said: “The liquor is sold for Rs 80 to 100 per litre in villages. Since it is cheaper than liquor available in the market, people buy it even after knowing its impact on health. Elephants are playing vital role in curbing the trade.” Statement: Police officially use elephants to stop illicit liquor trade.Choose the appropriate one from the following options A The statement is definitely true. B The statement is probably true. C The statement cannot be determ ined. D The statement is definitely false.....

MCQ-> Read the following caselet and choose the best alternative: Head of a nation in the Nordic region was struggling with the slowing economy on one hand and restless citizens on the other. In addition, his opponents were doing everything possible to discredit his government. As a famous saying goes, "There is no smoke without a fire", it cannot be said that the incumbent government was doing all the right things. There were reports of acts of omission and commission coming out every other day. Distribution of public resources for private businesses and for private consumption had created a lot of problems for the government. It was being alleged that the government has given the right to exploit these public resources at throw-away prices to some private companies. Some of the citizens were questioning the government policies in the Supreme Court of the country as well as in the media. In the midst of all this, the head of the nation called his cabinet colleagues for a meeting on the recent happenings in the country. He asked his minister of water resources about the bidding process for allocation of rights to setup mini-hydel power plants. To this, the minister replied that his ministry had followed the laid out policies of the government. Water resources were allocated to those private companies that bid the highest and were technically competent. The minister continued that later on some new companies had shown interest and they were allowed to enter the sector as per the guidelines of the Government. This, the minister added, would facilitate proper utilization of water resources and provide better services to the citizens. The new companies were allocated the rights at the price set by the highest bidders in the previous round of bidding. After hearing this, the head of the nation that one would expect the later allocations to be done after a fresh round of bidding. The minister of water resources replied that his ministry had taken permissions from the concerned ministries before allocating the resources to the new companies.Media reports suggested that the minister of water resources had deliberately allocated the water resources at old prices to the new companies, and in return some received kickbacks. However, the minister denied these charges. His counter argument was that he followed the stated policies of the Government and it is very difficult to price a scarce resource. He also said that the loss that the media is talking about is notional and in reality the Government and the citizens have gained by the entry of new players. Which of the following is the most appropriate inference?
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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 to help you locate them while answering some of the questions. The past quarter of a century has seen several bursts of selling by the world’s governments, mostly but not always in benign market conditions. Those in the OECD, a rich-country club, divested plenty of stuff in the 20 years before the global financial crisis. The first privatisation wave, which built up from the mid-1980s and peaked in 2000, was largely European. The drive to cut state intervention under Margaret Thatcher in Britain soon spread to the continent. The movement gathered pace after 1991, when eastern Europe put thousands of rusting state-owned enterprises (SOEs) on the block. A second wave came in the mid-2000s, as European economies sought to cash in on buoyant markets. But activity in OECD countries slowed sharply as the financial crisis began. In fact, it reversed. Bailouts of failing banks and companies have contributed to a dramatic increase in government purchases of corporate equity during the past five years. A more lasting fea ture is the expansion of the state capitalism practised by China and other emerging economic powers. Governments have actually bought more equity than they have sold in most years since 2007, though sales far exceeded purchases in 2013. Today privatisation is once again “alive and well”, says William Megginson of the Michael Price College of Business at the University of Oklahoma. According to a global tally he recently completed, 2012 was the third-best year ever, and preliminary evidence suggests that 2013 may have been better. However, the geography of sell-offs has changed, with emerging markets now to the fore. China, for instance, has been selling minority stakes in banking, energy, engineering and broadcasting; Brazil is selling airports to help finance a $20 billion investment programme. Eleven of the 20 largest IPOs between 2005 and 2013 were sales of minority stakes by SOEs, mostly in developing countries. By contrast, state-owned assets are now “the forgotten side of the balance-sheet” in many advanced economies, says Dag Detter, managing partner of Whetstone Solutions, an adviser to governments on asset restructuring. They shouldn’t be. Governments of OECD countries still oversee vast piles of assets, from banks and utilities to buildings, land and the riches beneath (see table). Selling some of these holdings could work wonders: reduce debt, finance infrastructure, boost economic efficiency. But governments often barely grasp the value locked up in them. The picture is clearest for companies or company-like entities held by central governments. According to data compiled by the OECD and published on its website, its 34 member countries had 2,111 fully or majority-owned SOEs, with 5.9m employees, at the end of 2012. Their combined value (allowing for some but not all pension-fund liabilities) is estimated at $2.2 trillion, roughly the same size as the global hedge-fund industry. Most are in network industries such as telecoms, electricity and transport. In addition, many countries have large minority stakes in listed firms. Those in which they hold a stake of between 10% and 50% have a combined market value of $890 billion and employ 2.9m people. The data are far from perfect. The quality of reporting varies widely, as do definitions of what counts as a state-owned company: most include only centralgovernment holdings. If all assets held at sub-national level, such as local water companies, were included, the total value could be more than $4 trillion. Reckons Hans Christiansen, an OECD economist. Moreover, his team has had to extrapolate because some QECD members, including America and Japan, provide patchy data. America is apparently so queasy about discussions of public ownership of -commercial assets that the Treasury takes no part in the OECD’s working group on the issue, even though it has vast holdings, from Amtrak and the 520,000-employee Postal Service to power generators and airports. The club’s efforts to calculate the value that SOEs add to, or subtract from, economies were abandoned after several countries, including America, refused to co-operate. Privatisation has begun picking up again recently in the OECD for a variety of reasons. Britain’s Conservative-led coalition is fbcused on (some would say obsessed with) reducing the public debt-to-GDP ratio. Having recently sold the Royal Mail through a public offering, it is hoping to offload other assets, including its stake in URENCO, a uranium enricher, and its student-loan portfolio. From January 8th, under a new Treasury scheme, members of the public and businesses will be allowed to buy government land and buildings on the open market. A website will shortly be set up to help potential buyers see which bits of the government’s /..337 billion-worth of holdings ($527 billion at today’s rate, accounting for 40% of developable sites round Britain) might be surplus. The government, said the chief treasury secretary, Danny Alexander, “should not act as some kind of compulsive hoarder”. Japan has different reasons to revive sell-offs, such as to finance reconstruction after its devastating earthquake and tsunami in 2011. Eyes are once again turning to Japan Post, a giant postal-to-financial-services conglomerate whose oftpostponed partial sale could at last happen in 2015 and raise (Yen) 4 trillion ($40 billion) or more. Australia wants to sell financial, postal and aviation assets to offset the fall in revenues caused by the commodities slowdown. In almost all the countries of Europe, privatisation is likely “to surprise on the upside” as long as markets continue to mend, reckons Mr Megginson. Mr Christiansen expects to see three main areas of activity in coming years. First will be the resumption of partial sell-offs in industries such as telecoms, transport and utilities. Many residual stakes in partly privatised firms could be sold down further. France, for instance, still has hefty stakes in GDF SUEZ, Renault, Thales and Orange. The government of Francois Hollande may be ideologically opposed to privatisation, but it is hoping to reduce industrial stakes to raise funds for livelier sectors, such as broadband and health. The second area of growth should be in eastern Europe, where hundreds of large firms, including manufacturers, remain in state hands. Poland will sell down its stakes in listed firms to make up for an expected reduction in EU structural funds. And the third area is the reprivatisation of financial institutions rescued during the crisis. This process is under way: the largest privatisation in 2012 was the $18 billion offering of America’s residual stake in AIG, an insurance company.Which of the following statements is not true in the context of the given passage ?
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MCQ->Which one of the following country has the largest proven resources of oil (Billion Barrels)....