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Q. No. 49:P). When on July 2, 1940, Subhas was arrested it was for the 11th time.
1). He was sent home on December 5 after he had been on a fast unto-death for 10 days.
2). The government has worked out 'a-cat-and-mouse policy' of taking him back to prison as soon as he had recovered his health.
3). On the night of January 16-17, 1941, Subhas however made a planned to escape.
4). He was driven from his Elgin Road home in Calcutta by his nephew Sisir to Gomon in Bihar from where he went to Peshawar.
Q). He finally reached Germany.
A :
1243
B :
1234
C :
2413
D :
4213
Q. No. 50:P). Since Independence the policy of the government of India towards private foreign investment and collaboration has moved from cautious encouragement through a brief spell of near 'open door' in the fifties, a long phase of rigorous selectivity from 1968 to 1991 onto current post-1991 policy of open encouragement of direct investment specially in priority areas even with 51 percent participation in equity.
1). Independent India started with a legacy of well-established foreign capital and all the fear and prejudice associated with it.
2). Based on the exposure of a series of misdeeds perpetrated on some third countries by some of the multinational like International Telephone and Telegraph corp. (ITT), United Fruit, Union Miniere and Lockheed, criticism welled up against the MNCs in the Indian parliament and outside.
3). During the seventies and eighties, official view has been inevitably influenced by the controversy the world over on the role of multinational corporations in relation to third world countries.
4). While the overwhelming thrust has all along been towards the goal of a self-sufficient economy and of freeing national economic and industrial policy from the dictates and manipulates of foreign capital, the compulsions of an economy of scarcity and chronic foreign exchange deficiency also had an effect in shaping official policy towards foreign investment and foreign collaboration.
Q). On the other hand, there was also a realisation that all foreign enterprises operating in India should not be tarred with the same brush and that there were some amongst them who were performing a useful role in the economy by their import-substitution or export-oriented operation, or by making valuable contribution to the technological skill and capability pf our country.
A :
2431
B :
1432
C :
1423
D :
2134
Q. No. 51:P). Exchange control does not altogether prohibit Indian banks keeping open positions during the course of a day.
1). Indeed, unless they are willing to take open positions, they will cease to be market-makers.
2). For market-makers offering two-way quotes in the international markets, open positions are far more common.
3). Thus, depending on the policy of a bank, dealers may be allowed to take intra-day positions in order to make profit.
4). For instance, a dealer expecting the dollar to weaken during the day might deliberately create, through customer transactions and transaction in the inter-bank market, an oversold position in the hope of squaring it later during a day at a profit, should his expectation about the dollar weakening materialise.
Q). Large overbought or oversold positions are often deliberately built up in the hope of profiting from price movements.
A :
4312
B :
3241
C :
1342
D :
3421
Q. No. 52:P). Employees need to follow a meaningful set of guidelines designed to minimize risks while encouraging creativity.
1). They must establish a meaningful corporate culture that encourages a sense of entrepreneurship.
2). Seniors managers have a large role to play in this balancing act.
3). They have to find ways of encouraging mass experiments while limiting possible threats to the company's existence.
4). They need to make sure the workers they hire have the skills necessary to drive the company forward.
Q). If all goes well, natural leaders will 'emerge' to move the organization forward.
A :
2431
B :
3421
C :
2314
D :
2134
Q. No. 53:P). The development of railways broke down the isolation of the village, made the world market available to the Indian producer, facilitated both foreign and domestic trade and created the necessary condition for the growth of large-scale factory industry.
1). Jute industry started after the Crimean war had interrupted the supply of hemp and flax from Russia, at first in competition with the Dundee mill-owners who protected vigorously against allowing the growth of manufacturing industry in a colony suitable only for commercial exploitation.
2). It was no coincidence that this was followed in the later decades of the century by the establishment and quick growth of jute, cotton textile and coal-mining industries, and also of new forms of business organisations in the shape of joint-stock companies and managing agencies.
3). But the natural advantage offered by India were immense, and from the opening of the first jute mill at Rishra near Calcutta in 1855, the industry rapidly grew until it became the most important export industry of the undivided India.
4). While jute industry was started by British businessmen with the aid of British capital, the growth of cotton textile industry was very largely the result of Indian entrepreneurship with Indian capital.
Q). The first modern mill was set up in Bombay in 1851.
A :
4321
B :
2143
C :
3421
D :
2134
Q. No. 54:P). I am sure all of us aware of Dr S. Radhakrishnan.
1). Few could tell that fine difference as well with as much conviction as this educationist; who wrote and spoke tirelessly about tradition, change and potential in Indian society.
2). While others fought the British politically, his crusade centred on making foreigners aware of Indian heritage.
3). The second President of India was a strange paradox.
4). On the one hand, he fought against the blind prejudice that plagued Indian society, on the other hand, he spoke of how rich its culture was.
Q). The simple, learned professor of philosophy is today counted among the best ambassadors India has ever had.
A :
3412
B :
4213
C :
2314
D :
1342
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