The calculation of expected outcomes in intended to help the manager ?->(Show Answer!)

1. The calculation of expected outcomes in intended to help the manager

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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-> In each of these questions, there are three statements given as (A), (B) and (C). Find out which two or three sentences convey the same meaning. If all the three sentences are different, mark (E) as the answer,i.e., ‘’all different’.A. The manager would like you to help him locate the fault. B. If you help him locate the fault, the Manager would like you. C. The Manager desires that you should provide him the necessary assistance to locate the fault.....

MCQ-> Read the following passage carefully and answer the questions given below it. Certain words/phrases have been given in bold to help you locate them while answering some of the questions: In every religion, culture and civilization feeding the poor and hungry is considered one of the most noble deeds. However such large scale feeding will require huge investment both in resources and time. A better alternative is to create conditions by which proper wholesome food is available to all the rural poor at affordable price. Getting this done will be the biggest charity.Our work with the rural poor in villages of Western Maharashtra has shown that most of these people are landless laborers. After working the whole day in the fields in scorching sun they come home in the evening and have to cook for the whole family. The cooking is done on the most primitive chulha (wood stove) which results in tremendous indoor air pollution. Many of them also have no electricity so they use primitive and polluting kerosene lamps. World Health Organization (WHO) data has shown that about 300,000 deaths/ year in India can be directly attributed to indoor air pollution in such -nuts. At the same time this pollution results in many respiratory ailments and these people spend close Rs. 200-400 per month on medical bills. Besides the pollution, rural poor also eat very poor diet. They eat whatever is available daily at Public Distribution System (PDS) shops and most of the times these shops are out of rations. Thus they cook whatever is available. The hard work together with poor eating takes a heavy toll on their health. Besides this malnutrition also affects the physical and mental health of their children and may lead to creation of a whole generation of mentally challenged citizens. So I feel that the best way to provide adequate food for rural poor is by setting up rural restaurants on large scale. These restaurants will be similar to regular ones but for people below poverty line (BPL) they will provide meals at subsidized rates. These citizens will pay only Rs. 10 per meal and the rest, which is expected to be quite small, will come as a part of Government subsidy. With existing open market prices of vegetables and groceries average cost of simple meal for a family of four comes to Rs. 50 per meal or Rs. 12.50 per person per meal. If the PDS prices are taken for the groceries then the average cost will be Rs. 7.50 per person per meal. This makes the subsidy approximately Rs. 2.50 per person per meal only and hence quite small. The buying of meals could be by the use of UID (Aadhar) card by rural poor. The total cost should be Rs. 30 per day for three vegetarian meals of breakfast, lunch and dinner. The rural poor will get better nutrition and tasty food by eating in these restaurants. Besides the time saved can be used for resting and other gainful activities like teaching children. Since the food will not be cooked in huts, this strategy will result in less pollution in rural households. This will be beneficial for their health. Besides, women's chores will be reduced drastically. Another advantage of eating in these restaurants will be increased social interaction of rural poor since this could also become a meeting place. Eating in restaurants will also require fewer utensils in house and hence less expenditure. For other things like hot water for bath, making tea, boiling milk and cooking on holidays some utensils and fuel will be required. Our Institute NARI has developed an extremely efficient and environment-friendly stove which provides simultaneously both light and heat for cooking and hence may provide the necessary functions. Providing reasonably priced wholesome food is the basic aim and program of Government of India (GOI). This is the basis of their much touted food security program.However in 65years they have not been able to do so. Thus I feel a public private partnership can help in this. To help the restaurant owners the GOI or state Governments should provide them with soft loans and other line of credit for setting up such facilities. Corporate world can take this up as a part of their corporate social responsibility activity. Their participation will help ensure good quality restaurants and services. Besides the charitable work, this will also make good business sense. McDonald's-type restaurant systems for rural areas can be a good model to be set up for quality control both in terms of hygiene and in terms of quality of food material. However focus will be on availability of wholesome simple vegetarian food in these restaurants.More clientele (volumes) will make these restaurants economical. Existing models of dhabas, udipi type restaurants etc. can be used in this scheme. These restaurants may also be able to provide midday meals in rural schools. At present the midday meal program is faltering due to various reasons. Food coupons in western countries provide cheap food for poor. However quite a number of fast food restaurants in US do not accept them. Besides these coupons are most of the times used for non-food items, it will be mandatory for rural restaurants to accept payment via UID cards for BPL citizens. Existing soup kitchens, lagers and temple food are based on charity. For large scale rural use it should be based on good social enterprise business model. Cooking food in these restaurants will also result in much more efficient use of energy since energy/ kg of food cooked in households is greater than that in restaurants. The main thing however will be to reduce drastically the food wastage In these restaurants. Rural restaurants can also be forced to use clean fuels like LPG or locally produced biomass-based liquid fuels. This strategy is very difficult to enforce for individual households. Large scale employment generation in rural areas may result because of this activity. With an average norm of 30 people employed/ 100-chair restaurant, this program has the potential of generating about 20 million jobs permanently in rural areas. Besides the infrastructure development in setting up restaurants and establishing the food chain etc will help the local farmers and will create huge wealth generation in these areas. In the long run this strategy may provide better food security for rural poor than the existing one which is based on cheap food availability in PDS - a system which is prone to corruption and leakage.In accordance with the view expressed by the writer of this article, what is the biggest charity ?
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