You Are On Multi Choice Question Bank SET 4440
222005.
The following 2 bar charts represent revenues and expenses (in thousands) of A Ltd, B Ltd, and C Ltd over a period of five years.
Revenues of A Ltd, B Ltd, C Ltd for the period 2011-2015
For which company, the average annual expenses were maximum in the given period?
222006. For which year, the average annual revenue (considering all three companies) was the maximum?
222007. What was the approximate percentage decline in the revenue of C Ltd in 2015 as compared to the revenue in 2012?
222008. What was the approximate absolute difference between the average revenue of A Ltd in 2011, 2012 and 2013 and the average revenue of B Ltd in 2013, 2014 and 2015?
222009. For which of the following years the percentage of rise/fall in profit from the previous year was the maximum for A Ltd?
222010.
Read the following passages carefully and answer the questions given at the end of each passage.PASSAGE 1In a study of 150 emerging nations looking back fifty years, it was found that the single most powerful driver of economic booms was sustained growth in exports especially of manufactured products. Exporting simple manufactured goods not only increases income and consumption at home, it generates foreign revenues that allow the country to import the machinery and materials needed to improve its factories without running up huge foreign bills and debts. In short, in the case of manufacturing, one good investment leads to another. Once an economy starts down the manufacturing path, its momentum can carry it in the right direction for some time. When the ratio of investment to GDP surpasses 30 percent, it tends to stick at the level for almost nine years (on an average). The reason being that many of these nations seemed to show a strong leadership commitment to investment, particularly to investment in manufacturing. Today various international authorities have estimated that the emerging world need many trillions of dollars in investment on these kinds of transport and communication networks. The modern outlier is India where investment as a share of the economy exceeded 30 percent of GDP over the course of the 2000s, but little of that money went into factories. Indian manufacturing had been stagnant for decades at around 15 percent of GDP. The stagnation stems from the failures of the state to build functioning ports and power plants and to create an environment in which the rules governing labour, land and capital are designed and enforced in a way that encourages entrepreneurs to invest, particularly in factories. India has disappointed on both counts creating labour friendly rules and workable land acquisition norms. Between 1989 and 2010 India generated about ten million new jobs in manufacturing, but nearly all those jobs were created in enterprises that are small and informal and thus better suited to dodge India’s bureaucracy and its extremely restrictive rules regarding firing workers It is commonly said in India that the labour laws are so onerous that it is practically impossible to comply with even half of them without violating the other half.Informal shops, many of them one man operations, now account for 39 percent of India’s manufacturing workforce, up from 19 percent in 1989 and they are simply too small to compete in global markets. Harvard economist Dani Rodrik calls manufacturing the “automatic escalator” of development, because once a country finds a niche in global manufacturing, productivity often seems to start rising automatically. During its boom years India was growing in large part on the strength of investment in technology service industries, not manufacturing. This was put forward as a development strategy. Instead of growing richer by exporting even more advanced manufactured products, India could grow rich by exporting the services demanded in this new information age. These arguments began to gain traction early in the 2010s.In new research on the “service escalators”, a 2014 working paper from the World Bank made the case that the old growth escalator in manufacturing was already giving way to a new one in service industries. The report argued that while manufacturing is in retreat as a share of the global economy and is producing fewer jobs, services are still growing, contributing more to growth in output and jobs for nations rich and poor. However, one basic problem with the idea of service escalator is that in the emerging world most of the new service jobs are still in very traditional ventures. A decade on, India’s tech sector is still providing relatively simple IT services mainly in the same back office operations it started with and the number of new jobs it is creating is relatively small. In India, only about two million people work in IT services, or less than 1 percent of the workforce. So far the rise of these service industries has not been big enough to drive the mass modernisation of rural farm economies. People can move quickly from working in the fields to working on an assembly line, because both rely for the most part on manual labour. The leap from the farm to the modern service sector is much tougher since those jobs often require advanced skills. Workers who have moved into IT service jobs have generally come from a pool of relatively better educated members of the urban middle class, who speak English and have atleast some facility with computers. Finding jobs for the underemployed middle class is important but there are limits to how deeply it can transform the economy, because it is a relatively small part of the population. For now, the rule is still factories first, not service first.According to the information in the above passage, manufacturing in India has been stagnant because there is
222012. According to the opinion expressed in the above excerpt, growth in services is not as impactful on the economy as manufacturing because
222013. In the passage, sustained growth in exports of manufactured products has been identified as the most powerful driver of economic boom because
222014. According to the above excerpt, most MNCs face problems in emerging countries because they interpret the concept of ‘glocalisation’ as
222018.
Read the following passages carefully and answer the questions given at the end of each passage.PASSAGE 3Typically women participate in the labour force at a very high rate in poor rural countries. The participation rate then falls as countries industrialise and move into the middle income class. Finally, if the country grows richer still, more families have the resources for higher education for women and from there they often enter the labour force in large numbers. Usually, economic growth goes hand in hand with emancipation of women. Among rich countries according to a 2015 study, female labour force participation ranges from nearly 80 percent in Switzerland to 70 percent in Germany and less than 60 Percent in the United States and Japan. Only 68 Percent of Canadian omen participated in the workforce in 1990; two decades later that increased to 74 Percent largely due to reforms including tax cuts for second earners and new childcare services. In Netherlands the female labour participation rate doubled since 1980 to 74 Percent as a result of expanded parental leave policies and the spread of flexible, part time working arrangements. In a 2014 survey of 143 emerging countries, the World Bank found that 90 Percent have at least one law that limits the economic opportunities available to women. These laws include bans or limitations on women owning property, opening a bank account, signing a contract, entering a courtroom, travelling alone, driving or controlling family finances. Such restrictions are particularly prevalent in the Middle East and South Asia with the world’s lowest female labour force participation, 26 and 35 percent respectively. According to date available with the International Labour Organisation (ILO), between 2004 and 2011, when the Indian economy grew at a healthy average of about 7 percent, there was a decline in female participation in the country’s labour force from over 35 percent to 25 percent. India also posted the lowest rate of female participation in the workforce among BRIC countries. India’s performance in female workforce participation stood at 27 percent, significantly behind China (64 percent), Brazil (59 percent), Russian Federation (57 percent), and South Africa (45 percent). The number of working women in India had climbed between 2000 and 2005, increasing from 34 percent to 37 percent, but since then the rate of women in the workforce has to fallen to 27 percent as of 2014, said the report citing data from the World Bank. The gap between male and female workforce participation in urban areas in 2011 stood at 40 percent, compared to rural areas where the gap was about 30 percent. However, in certain sectors like financial services, Indian women lead the charge. While only one in 10 Indian companies are led by women, more than half of them are in the financial sector. Today, women head both the top public and private banks in India. Another example is India’s aviation sector, 11.7 percent of India’s 5,100 pilots are women, versus 3 percent worldwide. But these successes only represent a small of women in the country. India does poorly in comparison to its neighbours despite a more robust economic growth. In comparison to India, women in Bangladesh have increased their participation in the labour market, which is due to the growth of the ready- made garment sector and a push to rural female employment. In 2015, women comprised of 43 percent of the labour force in Bangladesh. The rate has also increased in Pakistan, albeit from a very low starting point, while participation has remained relatively stable in Sri Lanka. Myanmar with 79 percent and Malaysia with 49 percent are also way ahead of India. Lack of access to higher education, fewer job opportunities, the lack of flexibility in working conditions, as well as domestic duties are cited as factors behind the low rates. Marriage significantly reduced the probability of women working by about 8 percent in rural areas and more than twice as much in urban areas, said an Assocham report. ILO attributes this to three factors: increasing educational enrolment, improvement in earning of male workers that discourage women’s economic participation, and lack of employment opportunities at certain levels of skills and qualifications discouraging women to seek work. The hurdles to working women often involve a combination of written laws and cultural norms. Cultures don’t change overnight but laws can. The IMF says that even a small step such as countries granting women the right to open a bank account can lead to substantial increase in female labour force participation over the next seven years. According to the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), even a 10 percent increase in women participating in the workforce can boost gross domestic product (GDP) by 0.3 percent. The OECD recently estimated that eliminating the gender gap would lead to an overall increase in GDP of 12 percent in its member nations between 2015 and 2030. The GDP gains would peak close to 20 percent in both Japan and South Korea and more than 20 percent in Italy. A similar analysis by Booz and Company showed that closing gender gap in emerging countries could yield even larger gains in GDP by 2020, ranging from a 34 percent gain in Egypt to 27 percent in India and 9 percent in Brazil.
According to the above passage, though there are many reasons for low female labour force participation, the most important focus of the passage is on
222020. According to the IMF what small step can lead to larger impact on increasing female labour force participation
222021. According to the information in the above passage between 2004 to 2011, when the Indian economy grew at a healthy average of about 7 percent
222023. What message is the author conveying by drawing attention to a mythical figure and a one eyed robot?
222024. Laser based range finders are more effective than digital cameras because (select the right option)? i. Laser based range finders directly capture the contour map of the surroundings which enable faster processing ii. Digital cameras are expensive iii. Laser based range finders are easier to use iv. Digital cameras are easy to use but require more computation
222026.
Use the words in the table below to solve the questions.
Complete the crossword using the words from the above table. There are more words than required
Hint:
1 - Across: native to or confined to a certain region; 1 - Down: balance of forces or interests; 2: inclined to lay down principles as undeniably true; 3: attempting to avoid confrontation or anger, calming or conciliatory; 4: a speech or piece of writing that praises someone or something highly
222027. Each question has explained the meaning of two words from the above table. Identify the correct matching words from the table.a) A formal expression of praise b) Take up the cause, support
222028. Each question has explained the meaning of two words from the above table. Identify the correct matching words from the table.a) Devoid of cheer or comfort, dreary b) Stubbornly preserving, doggedness
222029. Each question has explained the meaning of two words from the above table. Identify the correct matching words from the table.a) Having a softening or soothing effect b) Verbal abuse, defamation
222030. Etymological description of the ‘word’ is given in each question. Identify the origin /source of the ‘word’Debutante (noun) The origin of the word dates back to early Nineteenth Century. The word is used to describe a female stage actor making her first public performance.
222031. Obvious (adjective) It means “frequently met with”. The origin of the word comes from obvius “that is in the way, presenting itself readily, open, exposed, commonplace,” also from obviam (adv.) “in the way”, from ob “against” + viam, accusative of via “way”, meaning “plain to see, evident” is first recorded in 1630.
222032. Soccer (noun) The origin of the word dates back to 1889 (socca), later 1891 (socker), 1895 (soccer); originally university slang from a shortened from of Assoc., abbreviation of Association in Football Association.
222037.
In the following questions some parts of the sentence have been jumbled up. Re-arrange these parts which are labelled as (a), (b), (c) and (d) to produce the correct sequence in completing the sentence.Nelson Mandela [u]modern country in a modern way (a)[/u] / [u]and could run a new (b)[/u] / [u]shifted the beliefs of the people (c)[/u] / [u]so they could heal the racial conflict (d)[/u]
222038.
In the following questions some parts of the sentence have been jumbled up. Re-arrange these parts which are labelled as (a), (b), (c) and (d) to produce the correct sequence in completing the sentence.The difference [u]and development on the other affects(a)[/u] / [u]in the relationship between death and birth-rates on the one hand (b)[/u] / [u]but the age structure of the population (c)[/u] / [u]not just the rat of the population growth (d)[/u]
222039. Mark is always eager to argue about how this business should be run. He seems to have a real _________ on his shoulder about it.
222040. Vishnu thought the last problem on the test was a real __________. It was much harder and more complex than any of the previous problems.
222041. I used to be kind of a _______ when I was little, but I lost most of the weight in my teenage years.
222042. The Trans Pacific Partnership (TPP) or Trans Pacific Partnership Agreement (TPPA) is a trade agreement among twelve Pacific Rim countries, signed on 4 February 2016 in Auckland, New Zealand. Which of the following countries is not a member of TPP?
222045. Which of the following country was not there in the UEFA Euro 2016 (Soccer Tournament quarter - final? France, Belgium, Wales, Germany, Italy, England, Poland, Portugal, Iceland
222046. Alvin Toffler (October, 1928 - June, 2016) was an American writer and futurist, known for his works discussing modern technologies, including the digital revolution and the communication revolution, with emphasis on their effects on cultures worldwide. Toffler was an associate editor of Fortune magazine. Identify the book authored by Alvin Toffler from the following list
222047. Which of the following Indian states share border with multiple countries? a) Manipur b) Mizoram c) Tripura d) Bihar e) Sikkim f) West Bengal g) Assam
222048. General elections were held in Myanmar on 8th November 2015. This has been the first openly-contested election held in the country since 1990. Which political party received the highest number of seats?
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