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InterviewSolution
This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
As the government prepare to empty its filling candidates and heads for the hot and dusty plans to solicit votes. It is visibly exuding optimism about the economy. According to its non- elected represeritatives, all the lead indicators seem to be showing signs of a revival with the first glimmer of some incipient growth pushing through the enveloping groom. Steel, cement, auto, fast moving consumer goods (such as soaps and detergents), food items, beverages, volume' of goods moved by the railways have all shown some improvement in January after having shrunk in the previous two months. But before we start congratulating the government for its excellent economic management, let's hit the pause button for a moment. How much of the Indian economy's resilience is owed to governmental intervention? Ok, is there a strategy at all? One of the economy's mainstays for over a decade has been service. This contributes to over 50% of the country's GDP and has been providing enormous growth impulse over the past few years. If you were to listen to the government representatives, it would seem as if they had foreseen the coming age of services and had designed that structure.The truth is somewhat different. There are many reasons behind the extraordinary growth of services. One of the reasons is the kind ofelaborate rent-seeking structures erected by the government in the manufacturing sector. Any person wanting to set-up a manufacturing facility in India still has to fill a large number of outstretched palms, making the operations costly from day one. Here's another unique aspect of the economy for which politicians routinely take credit. One of the saving greces for the Indian economy during this episode of the downturn is the safety net expected to be provided by Indian consumers, even as the international economy winds down and eschews consumption of goods made in India. This has had a deleterious impact on Indian exports, leadmg many exporters to scale down their operations and restructure their businesses. Fortunately, for the planners and the administrators, the impact of the global slowdoy is likely to be cushioned, to a large extent, by the gigantic Indian domestic market, which will continue consuming and providing the growth push to the economy. Again, it's not as if some wise person in government woke up one morning and presciently decreed that hence forth the country would focus only on the domestic markets. The government has always felt that exports should be the apposite strategy for economic growth, just like some of the other emerging countries. Guess what? Exporters also have to manufacture and that is quite an end gance test in India. Plus, the intricate structure built around promoting exports also worked as a huge deterrent. The government also did not quite see exports as an alternative, viable economic growth model till the Southeast Asian success story burst on to the scene. Hence, till then exports did not quite get the required push. So, no grand design here too. Unlike in USA and various other European economies, where the government provides unemployment benefits as part of their social contract, Indians have to fend for themselves. ln the current downturn, for example, many Indians-especially in the urban and semi-urban settlements-are wary of spending because of uncertainties surrounding their jobs. This has , impacted consumption but, conversely, is bound to improve the savings rate. The credit, therefore, should go to the Indian citisen who, despite the varous hurdles and inconvenences, in using his ingenuity to improve his lot at all times. This collective strength has not been forged by some steely policy push, but has developed by default, almost in line' with Charles Darvins' s theory of survival. Which of the following is most nearly the same in meaning to the word 'Apposite' as used in the passage? |
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Answer» Appropriate |
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| 2. |
As the government prepare to empty its filling candidates and heads for the hot and dusty plans to solicit votes. It is visibly exuding optimism about the economy. According to its non- elected represeritatives, all the lead indicators seem to be showing signs of a revival with the first glimmer of some incipient growth pushing through the enveloping groom. Steel, cement, auto, fast moving consumer goods (such as soaps and detergents), food items, beverages, volume' of goods moved by the railways have all shown some improvement in January after having shrunk in the previous two months. But before we start congratulating the government for its excellent economic management, let's hit the pause button for a moment. How much of the Indian economy's resilience is owed to governmental intervention? Ok, is there a strategy at all? One of the economy's mainstays for over a decade has been service. This contributes to over 50% of the country's GDP and has been providing enormous growth impulse over the past few years. If you were to listen to the government representatives, it would seem as if they had foreseen the coming age of services and had designed that structure.The truth is somewhat different. There are many reasons behind the extraordinary growth of services. One of the reasons is the kind ofelaborate rent-seeking structures erected by the government in the manufacturing sector. Any person wanting to set-up a manufacturing facility in India still has to fill a large number of outstretched palms, making the operations costly from day one. Here's another unique aspect of the economy for which politicians routinely take credit. One of the saving greces for the Indian economy during this episode of the downturn is the safety net expected to be provided by Indian consumers, even as the international economy winds down and eschews consumption of goods made in India. This has had a deleterious impact on Indian exports, leadmg many exporters to scale down their operations and restructure their businesses. Fortunately, for the planners and the administrators, the impact of the global slowdoy is likely to be cushioned, to a large extent, by the gigantic Indian domestic market, which will continue consuming and providing the growth push to the economy. Again, it's not as if some wise person in government woke up one morning and presciently decreed that hence forth the country would focus only on the domestic markets. The government has always felt that exports should be the apposite strategy for economic growth, just like some of the other emerging countries. Guess what? Exporters also have to manufacture and that is quite an end gance test in India. Plus, the intricate structure built around promoting exports also worked as a huge deterrent. The government also did not quite see exports as an alternative, viable economic growth model till the Southeast Asian success story burst on to the scene. Hence, till then exports did not quite get the required push. So, no grand design here too. Unlike in USA and various other European economies, where the government provides unemployment benefits as part of their social contract, Indians have to fend for themselves. ln the current downturn, for example, many Indians-especially in the urban and semi-urban settlements-are wary of spending because of uncertainties surrounding their jobs. This has , impacted consumption but, conversely, is bound to improve the savings rate. The credit, therefore, should go to the Indian citisen who, despite the varous hurdles and inconvenences, in using his ingenuity to improve his lot at all times. This collective strength has not been forged by some steely policy push, but has developed by default, almost in line' with Charles Darvins' s theory of survival. According to the author, one of the reasons why India's economy managed to sail through the economic downturn was A. There was demand for Indian goods from domestic consumers even when internationally it had declined. B. The politicians had foreseen the trouble and could prepare the country to efficiently deal with it. C. It was least affected by the economic downturn. |
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Answer» OnlyB |
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| 3. |
As the government prepare to empty its filling candidates and heads for the hot and dusty plans to solicit votes. It is visibly exuding optimism about the economy. According to its non- elected represeritatives, all the lead indicators seem to be showing signs of a revival with the first glimmer of some incipient growth pushing through the enveloping groom. Steel, cement, auto, fast moving consumer goods (such as soaps and detergents), food items, beverages, volume' of goods moved by the railways have all shown some improvement in January after having shrunk in the previous two months. But before we start congratulating the government for its excellent economic management, let's hit the pause button for a moment. How much of the Indian economy's resilience is owed to governmental intervention? Ok, is there a strategy at all? One of the economy's mainstays for over a decade has been service. This contributes to over 50% of the country's GDP and has been providing enormous growth impulse over the past few years. If you were to listen to the government representatives, it would seem as if they had foreseen the coming age of services and had designed that structure.The truth is somewhat different. There are many reasons behind the extraordinary growth of services. One of the reasons is the kind ofelaborate rent-seeking structures erected by the government in the manufacturing sector. Any person wanting to set-up a manufacturing facility in India still has to fill a large number of outstretched palms, making the operations costly from day one. Here's another unique aspect of the economy for which politicians routinely take credit. One of the saving greces for the Indian economy during this episode of the downturn is the safety net expected to be provided by Indian consumers, even as the international economy winds down and eschews consumption of goods made in India. This has had a deleterious impact on Indian exports, leadmg many exporters to scale down their operations and restructure their businesses. Fortunately, for the planners and the administrators, the impact of the global slowdoy is likely to be cushioned, to a large extent, by the gigantic Indian domestic market, which will continue consuming and providing the growth push to the economy. Again, it's not as if some wise person in government woke up one morning and presciently decreed that hence forth the country would focus only on the domestic markets. The government has always felt that exports should be the apposite strategy for economic growth, just like some of the other emerging countries. Guess what? Exporters also have to manufacture and that is quite an end gance test in India. Plus, the intricate structure built around promoting exports also worked as a huge deterrent. The government also did not quite see exports as an alternative, viable economic growth model till the Southeast Asian success story burst on to the scene. Hence, till then exports did not quite get the required push. So, no grand design here too. Unlike in USA and various other European economies, where the government provides unemployment benefits as part of their social contract, Indians have to fend for themselves. ln the current downturn, for example, many Indians-especially in the urban and semi-urban settlements-are wary of spending because of uncertainties surrounding their jobs. This has , impacted consumption but, conversely, is bound to improve the savings rate. The credit, therefore, should go to the Indian citisen who, despite the varous hurdles and inconvenences, in using his ingenuity to improve his lot at all times. This collective strength has not been forged by some steely policy push, but has developed by default, almost in line' with Charles Darvins' s theory of survival. Which of the following is the central theme of the passage? |
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Answer» Social contract-A MUST in Every Country |
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| 4. |
As the government prepare to empty its filling candidates and heads for the hot and dusty plans to solicit votes. It is visibly exuding optimism about the economy. According to its non- elected represeritatives, all the lead indicators seem to be showing signs of a revival with the first glimmer of some incipient growth pushing through the enveloping groom. Steel, cement, auto, fast moving consumer goods (such as soaps and detergents), food items, beverages, volume' of goods moved by the railways have all shown some improvement in January after having shrunk in the previous two months. But before we start congratulating the government for its excellent economic management, let's hit the pause button for a moment. How much of the Indian economy's resilience is owed to governmental intervention? Ok, is there a strategy at all? One of the economy's mainstays for over a decade has been service. This contributes to over 50% of the country's GDP and has been providing enormous growth impulse over the past few years. If you were to listen to the government representatives, it would seem as if they had foreseen the coming age of services and had designed that structure.The truth is somewhat different. There are many reasons behind the extraordinary growth of services. One of the reasons is the kind ofelaborate rent-seeking structures erected by the government in the manufacturing sector. Any person wanting to set-up a manufacturing facility in India still has to fill a large number of outstretched palms, making the operations costly from day one. Here's another unique aspect of the economy for which politicians routinely take credit. One of the saving greces for the Indian economy during this episode of the downturn is the safety net expected to be provided by Indian consumers, even as the international economy winds down and eschews consumption of goods made in India. This has had a deleterious impact on Indian exports, leadmg many exporters to scale down their operations and restructure their businesses. Fortunately, for the planners and the administrators, the impact of the global slowdoy is likely to be cushioned, to a large extent, by the gigantic Indian domestic market, which will continue consuming and providing the growth push to the economy. Again, it's not as if some wise person in government woke up one morning and presciently decreed that hence forth the country would focus only on the domestic markets. The government has always felt that exports should be the apposite strategy for economic growth, just like some of the other emerging countries. Guess what? Exporters also have to manufacture and that is quite an end gance test in India. Plus, the intricate structure built around promoting exports also worked as a huge deterrent. The government also did not quite see exports as an alternative, viable economic growth model till the Southeast Asian success story burst on to the scene. Hence, till then exports did not quite get the required push. So, no grand design here too. Unlike in USA and various other European economies, where the government provides unemployment benefits as part of their social contract, Indians have to fend for themselves. ln the current downturn, for example, many Indians-especially in the urban and semi-urban settlements-are wary of spending because of uncertainties surrounding their jobs. This has , impacted consumption but, conversely, is bound to improve the savings rate. The credit, therefore, should go to the Indian citisen who, despite the varous hurdles and inconvenences, in using his ingenuity to improve his lot at all times. This collective strength has not been forged by some steely policy push, but has developed by default, almost in line' with Charles Darvins' s theory of survival. The author attributes the improvement (or maintenance of) the economic condition of the country to A. The government, as it could foresee a dwindle in the economy and could take suitable measures to tackle it. B. Appropriate policies to push people to spend more. C The Economy for it is surviving on its own either through consumption or saving. |
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Answer» OnlyB |
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| 5. |
As the government prepare to empty its filling candidates and heads for the hot and dusty plans to solicit votes. It is visibly exuding optimism about the economy. According to its non- elected represeritatives, all the lead indicators seem to be showing signs of a revival with the first glimmer of some incipient growth pushing through the enveloping groom. Steel, cement, auto, fast moving consumer goods (such as soaps and detergents), food items, beverages, volume' of goods moved by the railways have all shown some improvement in January after having shrunk in the previous two months. But before we start congratulating the government for its excellent economic management, let's hit the pause button for a moment. How much of the Indian economy's resilience is owed to governmental intervention? Ok, is there a strategy at all? One of the economy's mainstays for over a decade has been service. This contributes to over 50% of the country's GDP and has been providing enormous growth impulse over the past few years. If you were to listen to the government representatives, it would seem as if they had foreseen the coming age of services and had designed that structure.The truth is somewhat different. There are many reasons behind the extraordinary growth of services. One of the reasons is the kind ofelaborate rent-seeking structures erected by the government in the manufacturing sector. Any person wanting to set-up a manufacturing facility in India still has to fill a large number of outstretched palms, making the operations costly from day one. Here's another unique aspect of the economy for which politicians routinely take credit. One of the saving greces for the Indian economy during this episode of the downturn is the safety net expected to be provided by Indian consumers, even as the international economy winds down and eschews consumption of goods made in India. This has had a deleterious impact on Indian exports, leadmg many exporters to scale down their operations and restructure their businesses. Fortunately, for the planners and the administrators, the impact of the global slowdoy is likely to be cushioned, to a large extent, by the gigantic Indian domestic market, which will continue consuming and providing the growth push to the economy. Again, it's not as if some wise person in government woke up one morning and presciently decreed that hence forth the country would focus only on the domestic markets. The government has always felt that exports should be the apposite strategy for economic growth, just like some of the other emerging countries. Guess what? Exporters also have to manufacture and that is quite an end gance test in India. Plus, the intricate structure built around promoting exports also worked as a huge deterrent. The government also did not quite see exports as an alternative, viable economic growth model till the Southeast Asian success story burst on to the scene. Hence, till then exports did not quite get the required push. So, no grand design here too. Unlike in USA and various other European economies, where the government provides unemployment benefits as part of their social contract, Indians have to fend for themselves. ln the current downturn, for example, many Indians-especially in the urban and semi-urban settlements-are wary of spending because of uncertainties surrounding their jobs. This has , impacted consumption but, conversely, is bound to improve the savings rate. The credit, therefore, should go to the Indian citisen who, despite the varous hurdles and inconvenences, in using his ingenuity to improve his lot at all times. This collective strength has not been forged by some steely policy push, but has developed by default, almost in line' with Charles Darvins' s theory of survival. Which of the following is most nearly the same in meaning to the word 'Eschews' as used in the passage? |
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Answer» Faces |
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| 6. |
As the government prepare to empty its filling candidates and heads for the hot and dusty plans to solicit votes. It is visibly exuding optimism about the economy. According to its non- elected represeritatives, all the lead indicators seem to be showing signs of a revival with the first glimmer of some incipient growth pushing through the enveloping groom. Steel, cement, auto, fast moving consumer goods (such as soaps and detergents), food items, beverages, volume' of goods moved by the railways have all shown some improvement in January after having shrunk in the previous two months. But before we start congratulating the government for its excellent economic management, let's hit the pause button for a moment. How much of the Indian economy's resilience is owed to governmental intervention? Ok, is there a strategy at all? One of the economy's mainstays for over a decade has been service. This contributes to over 50% of the country's GDP and has been providing enormous growth impulse over the past few years. If you were to listen to the government representatives, it would seem as if they had foreseen the coming age of services and had designed that structure.The truth is somewhat different. There are many reasons behind the extraordinary growth of services. One of the reasons is the kind ofelaborate rent-seeking structures erected by the government in the manufacturing sector. Any person wanting to set-up a manufacturing facility in India still has to fill a large number of outstretched palms, making the operations costly from day one. Here's another unique aspect of the economy for which politicians routinely take credit. One of the saving greces for the Indian economy during this episode of the downturn is the safety net expected to be provided by Indian consumers, even as the international economy winds down and eschews consumption of goods made in India. This has had a deleterious impact on Indian exports, leadmg many exporters to scale down their operations and restructure their businesses. Fortunately, for the planners and the administrators, the impact of the global slowdoy is likely to be cushioned, to a large extent, by the gigantic Indian domestic market, which will continue consuming and providing the growth push to the economy. Again, it's not as if some wise person in government woke up one morning and presciently decreed that hence forth the country would focus only on the domestic markets. The government has always felt that exports should be the apposite strategy for economic growth, just like some of the other emerging countries. Guess what? Exporters also have to manufacture and that is quite an end gance test in India. Plus, the intricate structure built around promoting exports also worked as a huge deterrent. The government also did not quite see exports as an alternative, viable economic growth model till the Southeast Asian success story burst on to the scene. Hence, till then exports did not quite get the required push. So, no grand design here too. Unlike in USA and various other European economies, where the government provides unemployment benefits as part of their social contract, Indians have to fend for themselves. ln the current downturn, for example, many Indians-especially in the urban and semi-urban settlements-are wary of spending because of uncertainties surrounding their jobs. This has , impacted consumption but, conversely, is bound to improve the savings rate. The credit, therefore, should go to the Indian citisen who, despite the varous hurdles and inconvenences, in using his ingenuity to improve his lot at all times. This collective strength has not been forged by some steely policy push, but has developed by default, almost in line' with Charles Darvins' s theory of survival. Which of the following is inost nearly the opposite in meaning to the word 'Deleterious' as used in the passage? |
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Answer» POSITIVE |
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| 7. |
As the government prepare to empty its filling candidates and heads for the hot and dusty plans to solicit votes. It is visibly exuding optimism about the economy. According to its non- elected represeritatives, all the lead indicators seem to be showing signs of a revival with the first glimmer of some incipient growth pushing through the enveloping groom. Steel, cement, auto, fast moving consumer goods (such as soaps and detergents), food items, beverages, volume' of goods moved by the railways have all shown some improvement in January after having shrunk in the previous two months. But before we start congratulating the government for its excellent economic management, let's hit the pause button for a moment. How much of the Indian economy's resilience is owed to governmental intervention? Ok, is there a strategy at all? One of the economy's mainstays for over a decade has been service. This contributes to over 50% of the country's GDP and has been providing enormous growth impulse over the past few years. If you were to listen to the government representatives, it would seem as if they had foreseen the coming age of services and had designed that structure.The truth is somewhat different. There are many reasons behind the extraordinary growth of services. One of the reasons is the kind ofelaborate rent-seeking structures erected by the government in the manufacturing sector. Any person wanting to set-up a manufacturing facility in India still has to fill a large number of outstretched palms, making the operations costly from day one. Here's another unique aspect of the economy for which politicians routinely take credit. One of the saving greces for the Indian economy during this episode of the downturn is the safety net expected to be provided by Indian consumers, even as the international economy winds down and eschews consumption of goods made in India. This has had a deleterious impact on Indian exports, leadmg many exporters to scale down their operations and restructure their businesses. Fortunately, for the planners and the administrators, the impact of the global slowdoy is likely to be cushioned, to a large extent, by the gigantic Indian domestic market, which will continue consuming and providing the growth push to the economy. Again, it's not as if some wise person in government woke up one morning and presciently decreed that hence forth the country would focus only on the domestic markets. The government has always felt that exports should be the apposite strategy for economic growth, just like some of the other emerging countries. Guess what? Exporters also have to manufacture and that is quite an end gance test in India. Plus, the intricate structure built around promoting exports also worked as a huge deterrent. The government also did not quite see exports as an alternative, viable economic growth model till the Southeast Asian success story burst on to the scene. Hence, till then exports did not quite get the required push. So, no grand design here too. Unlike in USA and various other European economies, where the government provides unemployment benefits as part of their social contract, Indians have to fend for themselves. ln the current downturn, for example, many Indians-especially in the urban and semi-urban settlements-are wary of spending because of uncertainties surrounding their jobs. This has , impacted consumption but, conversely, is bound to improve the savings rate. The credit, therefore, should go to the Indian citisen who, despite the varous hurdles and inconvenences, in using his ingenuity to improve his lot at all times. This collective strength has not been forged by some steely policy push, but has developed by default, almost in line' with Charles Darvins' s theory of survival. Which of the following correctly explains the phrase 'Wary of as used in the passage regarding spending behaviour of citizens? |
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Answer» Careless |
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| 8. |
As the government prepare to empty its filling candidates and heads for the hot and dusty plans to solicit votes. It is visibly exuding optimism about the economy. According to its non- elected represeritatives, all the lead indicators seem to be showing signs of a revival with the first glimmer of some incipient growth pushing through the enveloping groom. Steel, cement, auto, fast moving consumer goods (such as soaps and detergents), food items, beverages, volume' of goods moved by the railways have all shown some improvement in January after having shrunk in the previous two months. But before we start congratulating the government for its excellent economic management, let's hit the pause button for a moment. How much of the Indian economy's resilience is owed to governmental intervention? Ok, is there a strategy at all? One of the economy's mainstays for over a decade has been service. This contributes to over 50% of the country's GDP and has been providing enormous growth impulse over the past few years. If you were to listen to the government representatives, it would seem as if they had foreseen the coming age of services and had designed that structure.The truth is somewhat different. There are many reasons behind the extraordinary growth of services. One of the reasons is the kind ofelaborate rent-seeking structures erected by the government in the manufacturing sector. Any person wanting to set-up a manufacturing facility in India still has to fill a large number of outstretched palms, making the operations costly from day one. Here's another unique aspect of the economy for which politicians routinely take credit. One of the saving greces for the Indian economy during this episode of the downturn is the safety net expected to be provided by Indian consumers, even as the international economy winds down and eschews consumption of goods made in India. This has had a deleterious impact on Indian exports, leadmg many exporters to scale down their operations and restructure their businesses. Fortunately, for the planners and the administrators, the impact of the global slowdoy is likely to be cushioned, to a large extent, by the gigantic Indian domestic market, which will continue consuming and providing the growth push to the economy. Again, it's not as if some wise person in government woke up one morning and presciently decreed that hence forth the country would focus only on the domestic markets. The government has always felt that exports should be the apposite strategy for economic growth, just like some of the other emerging countries. Guess what? Exporters also have to manufacture and that is quite an end gance test in India. Plus, the intricate structure built around promoting exports also worked as a huge deterrent. The government also did not quite see exports as an alternative, viable economic growth model till the Southeast Asian success story burst on to the scene. Hence, till then exports did not quite get the required push. So, no grand design here too. Unlike in USA and various other European economies, where the government provides unemployment benefits as part of their social contract, Indians have to fend for themselves. ln the current downturn, for example, many Indians-especially in the urban and semi-urban settlements-are wary of spending because of uncertainties surrounding their jobs. This has , impacted consumption but, conversely, is bound to improve the savings rate. The credit, therefore, should go to the Indian citisen who, despite the varous hurdles and inconvenences, in using his ingenuity to improve his lot at all times. This collective strength has not been forged by some steely policy push, but has developed by default, almost in line' with Charles Darvins' s theory of survival. Which of the following is not true in the context of the passage? |
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Answer» Traditionally the government did not believe exports to be PROVIDING a boost to the economy. |
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| 9. |
As the government prepare to empty its filling candidates and heads for the hot and dusty plans to solicit votes. It is visibly exuding optimism about the economy. According to its non- elected represeritatives, all the lead indicators seem to be showing signs of a revival with the first glimmer of some incipient growth pushing through the enveloping groom. Steel, cement, auto, fast moving consumer goods (such as soaps and detergents), food items, beverages, volume' of goods moved by the railways have all shown some improvement in January after having shrunk in the previous two months. But before we start congratulating the government for its excellent economic management, let's hit the pause button for a moment. How much of the Indian economy's resilience is owed to governmental intervention? Ok, is there a strategy at all? One of the economy's mainstays for over a decade has been service. This contributes to over 50% of the country's GDP and has been providing enormous growth impulse over the past few years. If you were to listen to the government representatives, it would seem as if they had foreseen the coming age of services and had designed that structure.The truth is somewhat different. There are many reasons behind the extraordinary growth of services. One of the reasons is the kind ofelaborate rent-seeking structures erected by the government in the manufacturing sector. Any person wanting to set-up a manufacturing facility in India still has to fill a large number of outstretched palms, making the operations costly from day one. Here's another unique aspect of the economy for which politicians routinely take credit. One of the saving greces for the Indian economy during this episode of the downturn is the safety net expected to be provided by Indian consumers, even as the international economy winds down and eschews consumption of goods made in India. This has had a deleterious impact on Indian exports, leadmg many exporters to scale down their operations and restructure their businesses. Fortunately, for the planners and the administrators, the impact of the global slowdoy is likely to be cushioned, to a large extent, by the gigantic Indian domestic market, which will continue consuming and providing the growth push to the economy. Again, it's not as if some wise person in government woke up one morning and presciently decreed that hence forth the country would focus only on the domestic markets. The government has always felt that exports should be the apposite strategy for economic growth, just like some of the other emerging countries. Guess what? Exporters also have to manufacture and that is quite an end gance test in India. Plus, the intricate structure built around promoting exports also worked as a huge deterrent. The government also did not quite see exports as an alternative, viable economic growth model till the Southeast Asian success story burst on to the scene. Hence, till then exports did not quite get the required push. So, no grand design here too. Unlike in USA and various other European economies, where the government provides unemployment benefits as part of their social contract, Indians have to fend for themselves. ln the current downturn, for example, many Indians-especially in the urban and semi-urban settlements-are wary of spending because of uncertainties surrounding their jobs. This has , impacted consumption but, conversely, is bound to improve the savings rate. The credit, therefore, should go to the Indian citisen who, despite the varous hurdles and inconvenences, in using his ingenuity to improve his lot at all times. This collective strength has not been forged by some steely policy push, but has developed by default, almost in line' with Charles Darvins' s theory of survival. Which of the following is most nearly the opposite in meaning to the word 'Exuding' as used in the passage? |
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Answer» EXCLUDING |
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| 10. |
A spate of farmer sucides linked to harassment by recovery agents employed by Micro Finance Institutions (MFis) in Andhra Pradesh spurred the state government to bring in regulation to protect consumer interests. But, while the Bill has brought mto sharp focus the need for consumer protection, it tries to micro- manage MFI operations and in the process it could scuttle some of the crucial benefits that MFls bring to fanners, says the author of Microfinance India, State of the Sector Report 2010. In an interview he points out that prudent regulation can ensure the original goal of the MFls-social uplift of the poor. Do you feel the AP Bill to regulate MFis is well thought out ? Does it ensure fairness to the borrowers and the long-term health of the sector ? The AP bill has brought into sharp focus the need for customer protection in four critical areas First is pricing. Second is tender's liability-whether the Lender can give too much loan without assessing the customer's ability to pay. Third is the structure of loan repayment - whether you can ask money on a weekly basis from people who don't produce weekly incomes. Fourth is the practices that attend to how you deal with defaults. But the Act should have looked at the . positive benefits that institutions could bring in, and where they need to be regulated in the interests of the customers. It should have brought only those features in. Say, you want the recovery practices to be consistent with what the customer can really manage. If the customer fs aggrieved and complains that somebody is harassing him, then those complaints should be investigated by the District Rural Development Authority. Instead what the Bill says is that MFis cannot go to the customer's premises to ask for recovery and that all transactions will be done in the Panchayat office. With great difficulty, MFis brought services to the door of people. It is such a relief for the customers not to be spending time out going to banks or Panchayat offices, which could be 10 km away in some cases. A facility which has brought some relief to people is being shut. Moreover, you are practically telling the MFI where it should do business and how it should do it. Social responsibilities were in-built when the MFis were first conceived. If MFis go for profit with loose regulations, how are they different from moneylenders? Even among moneylenders there are very good people who take care of the customer's circumstance, and there are really bad ones. A large number of the MFis are good and there are some who are coercive because of the kind of prices and processes they have adopted. But Moneylenders never got this orgenised. The did not have such a large footprint. An MFI brought m orgamsations, it mobilized the equity, it brought in commercial funding. It invested in systems. It appointed a large number of people. But some of then exacted a much higher price than they should have. They wanted to break even very fast and greed did take over in some cases. Are the for-profit MFis the only ones harassing people for recoveries ? Some not-for-profit outfits have also adopted the same kind of recovery methods. That may be because you have to show that you are very efficient in your recovery methods and that your portfoilo is of a very high quality if you want to get commercial funding from a bank. In fact, among for-profits there are many who have sensible recovery practices. Some have fortnightly recovery, some have monthly .recovery. So we have differing practices. We just describe a few dominant ones and assume every for-profit MFI operates like that. How can you introduce regulations to ensure social upliftment in a sector that is moving towards for -profit models? I am not really concerned whether someone wants to make a profit or not. The bottom-line for me is customer protection. The first area is fair practices. Are you telling your customers how the loan is structured ? Are you being transparent about your performance ? There should also be a lender's lilability attached to what you do. Suppose you lend excessively to a customer without assessing their ability to service the loan, you have to take the hit. Then there's the question oflimiting returns. You can say that an MFI cannot have a return on assets more than X, a return on equity of more than Y. Then suppose there is a privately promoted MFI, there should be a regulation to ensure the MFI cannot access equity markets till a certain amount of time. MFis went to markets perhaps because of the need to grow too big too fast. The government thought they were making profit off the poor, and that's an indirect reasons why they decided to clamp down on MFis. If you say an MFI won't go to capital market, then it will keep political compulsions under rein. scuttle |
| Answer» ANSWER :D | |
| 11. |
A spate of farmer sucides linked to harassment by recovery agents employed by Micro Finance Institutions (MFis) in Andhra Pradesh spurred the state government to bring in regulation to protect consumer interests. But, while the Bill has brought mto sharp focus the need for consumer protection, it tries to micro- manage MFI operations and in the process it could scuttle some of the crucial benefits that MFls bring to fanners, says the author of Microfinance India, State of the Sector Report 2010. In an interview he points out that prudent regulation can ensure the original goal of the MFls-social uplift of the poor. Do you feel the AP Bill to regulate MFis is well thought out ? Does it ensure fairness to the borrowers and the long-term health of the sector ? The AP bill has brought into sharp focus the need for customer protection in four critical areas First is pricing. Second is tender's liability-whether the Lender can give too much loan without assessing the customer's ability to pay. Third is the structure of loan repayment - whether you can ask money on a weekly basis from people who don't produce weekly incomes. Fourth is the practices that attend to how you deal with defaults. But the Act should have looked at the . positive benefits that institutions could bring in, and where they need to be regulated in the interests of the customers. It should have brought only those features in. Say, you want the recovery practices to be consistent with what the customer can really manage. If the customer fs aggrieved and complains that somebody is harassing him, then those complaints should be investigated by the District Rural Development Authority. Instead what the Bill says is that MFis cannot go to the customer's premises to ask for recovery and that all transactions will be done in the Panchayat office. With great difficulty, MFis brought services to the door of people. It is such a relief for the customers not to be spending time out going to banks or Panchayat offices, which could be 10 km away in some cases. A facility which has brought some relief to people is being shut. Moreover, you are practically telling the MFI where it should do business and how it should do it. Social responsibilities were in-built when the MFis were first conceived. If MFis go for profit with loose regulations, how are they different from moneylenders? Even among moneylenders there are very good people who take care of the customer's circumstance, and there are really bad ones. A large number of the MFis are good and there are some who are coercive because of the kind of prices and processes they have adopted. But Moneylenders never got this orgenised. The did not have such a large footprint. An MFI brought m orgamsations, it mobilized the equity, it brought in commercial funding. It invested in systems. It appointed a large number of people. But some of then exacted a much higher price than they should have. They wanted to break even very fast and greed did take over in some cases. Are the for-profit MFis the only ones harassing people for recoveries ? Some not-for-profit outfits have also adopted the same kind of recovery methods. That may be because you have to show that you are very efficient in your recovery methods and that your portfoilo is of a very high quality if you want to get commercial funding from a bank. In fact, among for-profits there are many who have sensible recovery practices. Some have fortnightly recovery, some have monthly .recovery. So we have differing practices. We just describe a few dominant ones and assume every for-profit MFI operates like that. How can you introduce regulations to ensure social upliftment in a sector that is moving towards for -profit models? I am not really concerned whether someone wants to make a profit or not. The bottom-line for me is customer protection. The first area is fair practices. Are you telling your customers how the loan is structured ? Are you being transparent about your performance ? There should also be a lender's lilability attached to what you do. Suppose you lend excessively to a customer without assessing their ability to service the loan, you have to take the hit. Then there's the question oflimiting returns. You can say that an MFI cannot have a return on assets more than X, a return on equity of more than Y. Then suppose there is a privately promoted MFI, there should be a regulation to ensure the MFI cannot access equity markets till a certain amount of time. MFis went to markets perhaps because of the need to grow too big too fast. The government thought they were making profit off the poor, and that's an indirect reasons why they decided to clamp down on MFis. If you say an MFI won't go to capital market, then it will keep political compulsions under rein. spurred |
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Answer» AGITATED |
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| 12. |
A spate of farmer sucides linked to harassment by recovery agents employed by Micro Finance Institutions (MFis) in Andhra Pradesh spurred the state government to bring in regulation to protect consumer interests. But, while the Bill has brought mto sharp focus the need for consumer protection, it tries to micro- manage MFI operations and in the process it could scuttle some of the crucial benefits that MFls bring to fanners, says the author of Microfinance India, State of the Sector Report 2010. In an interview he points out that prudent regulation can ensure the original goal of the MFls-social uplift of the poor. Do you feel the AP Bill to regulate MFis is well thought out ? Does it ensure fairness to the borrowers and the long-term health of the sector ? The AP bill has brought into sharp focus the need for customer protection in four critical areas First is pricing. Second is tender's liability-whether the Lender can give too much loan without assessing the customer's ability to pay. Third is the structure of loan repayment - whether you can ask money on a weekly basis from people who don't produce weekly incomes. Fourth is the practices that attend to how you deal with defaults. But the Act should have looked at the . positive benefits that institutions could bring in, and where they need to be regulated in the interests of the customers. It should have brought only those features in. Say, you want the recovery practices to be consistent with what the customer can really manage. If the customer fs aggrieved and complains that somebody is harassing him, then those complaints should be investigated by the District Rural Development Authority. Instead what the Bill says is that MFis cannot go to the customer's premises to ask for recovery and that all transactions will be done in the Panchayat office. With great difficulty, MFis brought services to the door of people. It is such a relief for the customers not to be spending time out going to banks or Panchayat offices, which could be 10 km away in some cases. A facility which has brought some relief to people is being shut. Moreover, you are practically telling the MFI where it should do business and how it should do it. Social responsibilities were in-built when the MFis were first conceived. If MFis go for profit with loose regulations, how are they different from moneylenders? Even among moneylenders there are very good people who take care of the customer's circumstance, and there are really bad ones. A large number of the MFis are good and there are some who are coercive because of the kind of prices and processes they have adopted. But Moneylenders never got this orgenised. The did not have such a large footprint. An MFI brought m orgamsations, it mobilized the equity, it brought in commercial funding. It invested in systems. It appointed a large number of people. But some of then exacted a much higher price than they should have. They wanted to break even very fast and greed did take over in some cases. Are the for-profit MFis the only ones harassing people for recoveries ? Some not-for-profit outfits have also adopted the same kind of recovery methods. That may be because you have to show that you are very efficient in your recovery methods and that your portfoilo is of a very high quality if you want to get commercial funding from a bank. In fact, among for-profits there are many who have sensible recovery practices. Some have fortnightly recovery, some have monthly .recovery. So we have differing practices. We just describe a few dominant ones and assume every for-profit MFI operates like that. How can you introduce regulations to ensure social upliftment in a sector that is moving towards for -profit models? I am not really concerned whether someone wants to make a profit or not. The bottom-line for me is customer protection. The first area is fair practices. Are you telling your customers how the loan is structured ? Are you being transparent about your performance ? There should also be a lender's lilability attached to what you do. Suppose you lend excessively to a customer without assessing their ability to service the loan, you have to take the hit. Then there's the question oflimiting returns. You can say that an MFI cannot have a return on assets more than X, a return on equity of more than Y. Then suppose there is a privately promoted MFI, there should be a regulation to ensure the MFI cannot access equity markets till a certain amount of time. MFis went to markets perhaps because of the need to grow too big too fast. The government thought they were making profit off the poor, and that's an indirect reasons why they decided to clamp down on MFis. If you say an MFI won't go to capital market, then it will keep political compulsions under rein. under rein |
| Answer» Answer :C | |
| 13. |
A spate of farmer sucides linked to harassment by recovery agents employed by Micro Finance Institutions (MFis) in Andhra Pradesh spurred the state government to bring in regulation to protect consumer interests. But, while the Bill has brought mto sharp focus the need for consumer protection, it tries to micro- manage MFI operations and in the process it could scuttle some of the crucial benefits that MFls bring to fanners, says the author of Microfinance India, State of the Sector Report 2010. In an interview he points out that prudent regulation can ensure the original goal of the MFls-social uplift of the poor. Do you feel the AP Bill to regulate MFis is well thought out ? Does it ensure fairness to the borrowers and the long-term health of the sector ? The AP bill has brought into sharp focus the need for customer protection in four critical areas First is pricing. Second is tender's liability-whether the Lender can give too much loan without assessing the customer's ability to pay. Third is the structure of loan repayment - whether you can ask money on a weekly basis from people who don't produce weekly incomes. Fourth is the practices that attend to how you deal with defaults. But the Act should have looked at the . positive benefits that institutions could bring in, and where they need to be regulated in the interests of the customers. It should have brought only those features in. Say, you want the recovery practices to be consistent with what the customer can really manage. If the customer fs aggrieved and complains that somebody is harassing him, then those complaints should be investigated by the District Rural Development Authority. Instead what the Bill says is that MFis cannot go to the customer's premises to ask for recovery and that all transactions will be done in the Panchayat office. With great difficulty, MFis brought services to the door of people. It is such a relief for the customers not to be spending time out going to banks or Panchayat offices, which could be 10 km away in some cases. A facility which has brought some relief to people is being shut. Moreover, you are practically telling the MFI where it should do business and how it should do it. Social responsibilities were in-built when the MFis were first conceived. If MFis go for profit with loose regulations, how are they different from moneylenders? Even among moneylenders there are very good people who take care of the customer's circumstance, and there are really bad ones. A large number of the MFis are good and there are some who are coercive because of the kind of prices and processes they have adopted. But Moneylenders never got this orgenised. The did not have such a large footprint. An MFI brought m orgamsations, it mobilized the equity, it brought in commercial funding. It invested in systems. It appointed a large number of people. But some of then exacted a much higher price than they should have. They wanted to break even very fast and greed did take over in some cases. Are the for-profit MFis the only ones harassing people for recoveries ? Some not-for-profit outfits have also adopted the same kind of recovery methods. That may be because you have to show that you are very efficient in your recovery methods and that your portfoilo is of a very high quality if you want to get commercial funding from a bank. In fact, among for-profits there are many who have sensible recovery practices. Some have fortnightly recovery, some have monthly .recovery. So we have differing practices. We just describe a few dominant ones and assume every for-profit MFI operates like that. How can you introduce regulations to ensure social upliftment in a sector that is moving towards for -profit models? I am not really concerned whether someone wants to make a profit or not. The bottom-line for me is customer protection. The first area is fair practices. Are you telling your customers how the loan is structured ? Are you being transparent about your performance ? There should also be a lender's lilability attached to what you do. Suppose you lend excessively to a customer without assessing their ability to service the loan, you have to take the hit. Then there's the question oflimiting returns. You can say that an MFI cannot have a return on assets more than X, a return on equity of more than Y. Then suppose there is a privately promoted MFI, there should be a regulation to ensure the MFI cannot access equity markets till a certain amount of time. MFis went to markets perhaps because of the need to grow too big too fast. The government thought they were making profit off the poor, and that's an indirect reasons why they decided to clamp down on MFis. If you say an MFI won't go to capital market, then it will keep political compulsions under rein. coercive |
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Answer» GENTLE |
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| 14. |
A spate of farmer sucides linked to harassment by recovery agents employed by Micro Finance Institutions (MFis) in Andhra Pradesh spurred the state government to bring in regulation to protect consumer interests. But, while the Bill has brought mto sharp focus the need for consumer protection, it tries to micro- manage MFI operations and in the process it could scuttle some of the crucial benefits that MFls bring to fanners, says the author of Microfinance India, State of the Sector Report 2010. In an interview he points out that prudent regulation can ensure the original goal of the MFls-social uplift of the poor. Do you feel the AP Bill to regulate MFis is well thought out ? Does it ensure fairness to the borrowers and the long-term health of the sector ? The AP bill has brought into sharp focus the need for customer protection in four critical areas First is pricing. Second is tender's liability-whether the Lender can give too much loan without assessing the customer's ability to pay. Third is the structure of loan repayment - whether you can ask money on a weekly basis from people who don't produce weekly incomes. Fourth is the practices that attend to how you deal with defaults. But the Act should have looked at the . positive benefits that institutions could bring in, and where they need to be regulated in the interests of the customers. It should have brought only those features in. Say, you want the recovery practices to be consistent with what the customer can really manage. If the customer fs aggrieved and complains that somebody is harassing him, then those complaints should be investigated by the District Rural Development Authority. Instead what the Bill says is that MFis cannot go to the customer's premises to ask for recovery and that all transactions will be done in the Panchayat office. With great difficulty, MFis brought services to the door of people. It is such a relief for the customers not to be spending time out going to banks or Panchayat offices, which could be 10 km away in some cases. A facility which has brought some relief to people is being shut. Moreover, you are practically telling the MFI where it should do business and how it should do it. Social responsibilities were in-built when the MFis were first conceived. If MFis go for profit with loose regulations, how are they different from moneylenders? Even among moneylenders there are very good people who take care of the customer's circumstance, and there are really bad ones. A large number of the MFis are good and there are some who are coercive because of the kind of prices and processes they have adopted. But Moneylenders never got this orgenised. The did not have such a large footprint. An MFI brought m orgamsations, it mobilized the equity, it brought in commercial funding. It invested in systems. It appointed a large number of people. But some of then exacted a much higher price than they should have. They wanted to break even very fast and greed did take over in some cases. Are the for-profit MFis the only ones harassing people for recoveries ? Some not-for-profit outfits have also adopted the same kind of recovery methods. That may be because you have to show that you are very efficient in your recovery methods and that your portfoilo is of a very high quality if you want to get commercial funding from a bank. In fact, among for-profits there are many who have sensible recovery practices. Some have fortnightly recovery, some have monthly .recovery. So we have differing practices. We just describe a few dominant ones and assume every for-profit MFI operates like that. How can you introduce regulations to ensure social upliftment in a sector that is moving towards for -profit models? I am not really concerned whether someone wants to make a profit or not. The bottom-line for me is customer protection. The first area is fair practices. Are you telling your customers how the loan is structured ? Are you being transparent about your performance ? There should also be a lender's lilability attached to what you do. Suppose you lend excessively to a customer without assessing their ability to service the loan, you have to take the hit. Then there's the question oflimiting returns. You can say that an MFI cannot have a return on assets more than X, a return on equity of more than Y. Then suppose there is a privately promoted MFI, there should be a regulation to ensure the MFI cannot access equity markets till a certain amount of time. MFis went to markets perhaps because of the need to grow too big too fast. The government thought they were making profit off the poor, and that's an indirect reasons why they decided to clamp down on MFis. If you say an MFI won't go to capital market, then it will keep political compulsions under rein. Which of the following best explains 'Structure of loan repayment' in the context of the first question asked to the author? |
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Answer» HIGHER interest RATE |
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| 15. |
A spate of farmer sucides linked to harassment by recovery agents employed by Micro Finance Institutions (MFis) in Andhra Pradesh spurred the state government to bring in regulation to protect consumer interests. But, while the Bill has brought mto sharp focus the need for consumer protection, it tries to micro- manage MFI operations and in the process it could scuttle some of the crucial benefits that MFls bring to fanners, says the author of Microfinance India, State of the Sector Report 2010. In an interview he points out that prudent regulation can ensure the original goal of the MFls-social uplift of the poor. Do you feel the AP Bill to regulate MFis is well thought out ? Does it ensure fairness to the borrowers and the long-term health of the sector ? The AP bill has brought into sharp focus the need for customer protection in four critical areas First is pricing. Second is tender's liability-whether the Lender can give too much loan without assessing the customer's ability to pay. Third is the structure of loan repayment - whether you can ask money on a weekly basis from people who don't produce weekly incomes. Fourth is the practices that attend to how you deal with defaults. But the Act should have looked at the . positive benefits that institutions could bring in, and where they need to be regulated in the interests of the customers. It should have brought only those features in. Say, you want the recovery practices to be consistent with what the customer can really manage. If the customer fs aggrieved and complains that somebody is harassing him, then those complaints should be investigated by the District Rural Development Authority. Instead what the Bill says is that MFis cannot go to the customer's premises to ask for recovery and that all transactions will be done in the Panchayat office. With great difficulty, MFis brought services to the door of people. It is such a relief for the customers not to be spending time out going to banks or Panchayat offices, which could be 10 km away in some cases. A facility which has brought some relief to people is being shut. Moreover, you are practically telling the MFI where it should do business and how it should do it. Social responsibilities were in-built when the MFis were first conceived. If MFis go for profit with loose regulations, how are they different from moneylenders? Even among moneylenders there are very good people who take care of the customer's circumstance, and there are really bad ones. A large number of the MFis are good and there are some who are coercive because of the kind of prices and processes they have adopted. But Moneylenders never got this orgenised. The did not have such a large footprint. An MFI brought m orgamsations, it mobilized the equity, it brought in commercial funding. It invested in systems. It appointed a large number of people. But some of then exacted a much higher price than they should have. They wanted to break even very fast and greed did take over in some cases. Are the for-profit MFis the only ones harassing people for recoveries ? Some not-for-profit outfits have also adopted the same kind of recovery methods. That may be because you have to show that you are very efficient in your recovery methods and that your portfoilo is of a very high quality if you want to get commercial funding from a bank. In fact, among for-profits there are many who have sensible recovery practices. Some have fortnightly recovery, some have monthly .recovery. So we have differing practices. We just describe a few dominant ones and assume every for-profit MFI operates like that. How can you introduce regulations to ensure social upliftment in a sector that is moving towards for -profit models? I am not really concerned whether someone wants to make a profit or not. The bottom-line for me is customer protection. The first area is fair practices. Are you telling your customers how the loan is structured ? Are you being transparent about your performance ? There should also be a lender's lilability attached to what you do. Suppose you lend excessively to a customer without assessing their ability to service the loan, you have to take the hit. Then there's the question oflimiting returns. You can say that an MFI cannot have a return on assets more than X, a return on equity of more than Y. Then suppose there is a privately promoted MFI, there should be a regulation to ensure the MFI cannot access equity markets till a certain amount of time. MFis went to markets perhaps because of the need to grow too big too fast. The government thought they were making profit off the poor, and that's an indirect reasons why they decided to clamp down on MFis. If you say an MFI won't go to capital market, then it will keep political compulsions under rein. The author is of the view that __________ |
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Answer» the bill to regulate MFis is not needed |
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| 16. |
A spate of farmer sucides linked to harassment by recovery agents employed by Micro Finance Institutions (MFis) in Andhra Pradesh spurred the state government to bring in regulation to protect consumer interests. But, while the Bill has brought mto sharp focus the need for consumer protection, it tries to micro- manage MFI operations and in the process it could scuttle some of the crucial benefits that MFls bring to fanners, says the author of Microfinance India, State of the Sector Report 2010. In an interview he points out that prudent regulation can ensure the original goal of the MFls-social uplift of the poor. Do you feel the AP Bill to regulate MFis is well thought out ? Does it ensure fairness to the borrowers and the long-term health of the sector ? The AP bill has brought into sharp focus the need for customer protection in four critical areas First is pricing. Second is tender's liability-whether the Lender can give too much loan without assessing the customer's ability to pay. Third is the structure of loan repayment - whether you can ask money on a weekly basis from people who don't produce weekly incomes. Fourth is the practices that attend to how you deal with defaults. But the Act should have looked at the . positive benefits that institutions could bring in, and where they need to be regulated in the interests of the customers. It should have brought only those features in. Say, you want the recovery practices to be consistent with what the customer can really manage. If the customer fs aggrieved and complains that somebody is harassing him, then those complaints should be investigated by the District Rural Development Authority. Instead what the Bill says is that MFis cannot go to the customer's premises to ask for recovery and that all transactions will be done in the Panchayat office. With great difficulty, MFis brought services to the door of people. It is such a relief for the customers not to be spending time out going to banks or Panchayat offices, which could be 10 km away in some cases. A facility which has brought some relief to people is being shut. Moreover, you are practically telling the MFI where it should do business and how it should do it. Social responsibilities were in-built when the MFis were first conceived. If MFis go for profit with loose regulations, how are they different from moneylenders? Even among moneylenders there are very good people who take care of the customer's circumstance, and there are really bad ones. A large number of the MFis are good and there are some who are coercive because of the kind of prices and processes they have adopted. But Moneylenders never got this orgenised. The did not have such a large footprint. An MFI brought m orgamsations, it mobilized the equity, it brought in commercial funding. It invested in systems. It appointed a large number of people. But some of then exacted a much higher price than they should have. They wanted to break even very fast and greed did take over in some cases. Are the for-profit MFis the only ones harassing people for recoveries ? Some not-for-profit outfits have also adopted the same kind of recovery methods. That may be because you have to show that you are very efficient in your recovery methods and that your portfoilo is of a very high quality if you want to get commercial funding from a bank. In fact, among for-profits there are many who have sensible recovery practices. Some have fortnightly recovery, some have monthly .recovery. So we have differing practices. We just describe a few dominant ones and assume every for-profit MFI operates like that. How can you introduce regulations to ensure social upliftment in a sector that is moving towards for -profit models? I am not really concerned whether someone wants to make a profit or not. The bottom-line for me is customer protection. The first area is fair practices. Are you telling your customers how the loan is structured ? Are you being transparent about your performance ? There should also be a lender's lilability attached to what you do. Suppose you lend excessively to a customer without assessing their ability to service the loan, you have to take the hit. Then there's the question oflimiting returns. You can say that an MFI cannot have a return on assets more than X, a return on equity of more than Y. Then suppose there is a privately promoted MFI, there should be a regulation to ensure the MFI cannot access equity markets till a certain amount of time. MFis went to markets perhaps because of the need to grow too big too fast. The government thought they were making profit off the poor, and that's an indirect reasons why they decided to clamp down on MFis. If you say an MFI won't go to capital market, then it will keep political compulsions under rein. One of the distinct positive feature of MF Is is that ________ |
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Answer» they brought services to the door of PEOPLE |
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| 17. |
A spate of farmer sucides linked to harassment by recovery agents employed by Micro Finance Institutions (MFis) in Andhra Pradesh spurred the state government to bring in regulation to protect consumer interests. But, while the Bill has brought mto sharp focus the need for consumer protection, it tries to micro- manage MFI operations and in the process it could scuttle some of the crucial benefits that MFls bring to fanners, says the author of Microfinance India, State of the Sector Report 2010. In an interview he points out that prudent regulation can ensure the original goal of the MFls-social uplift of the poor. Do you feel the AP Bill to regulate MFis is well thought out ? Does it ensure fairness to the borrowers and the long-term health of the sector ? The AP bill has brought into sharp focus the need for customer protection in four critical areas First is pricing. Second is tender's liability-whether the Lender can give too much loan without assessing the customer's ability to pay. Third is the structure of loan repayment - whether you can ask money on a weekly basis from people who don't produce weekly incomes. Fourth is the practices that attend to how you deal with defaults. But the Act should have looked at the . positive benefits that institutions could bring in, and where they need to be regulated in the interests of the customers. It should have brought only those features in. Say, you want the recovery practices to be consistent with what the customer can really manage. If the customer fs aggrieved and complains that somebody is harassing him, then those complaints should be investigated by the District Rural Development Authority. Instead what the Bill says is that MFis cannot go to the customer's premises to ask for recovery and that all transactions will be done in the Panchayat office. With great difficulty, MFis brought services to the door of people. It is such a relief for the customers not to be spending time out going to banks or Panchayat offices, which could be 10 km away in some cases. A facility which has brought some relief to people is being shut. Moreover, you are practically telling the MFI where it should do business and how it should do it. Social responsibilities were in-built when the MFis were first conceived. If MFis go for profit with loose regulations, how are they different from moneylenders? Even among moneylenders there are very good people who take care of the customer's circumstance, and there are really bad ones. A large number of the MFis are good and there are some who are coercive because of the kind of prices and processes they have adopted. But Moneylenders never got this orgenised. The did not have such a large footprint. An MFI brought m orgamsations, it mobilized the equity, it brought in commercial funding. It invested in systems. It appointed a large number of people. But some of then exacted a much higher price than they should have. They wanted to break even very fast and greed did take over in some cases. Are the for-profit MFis the only ones harassing people for recoveries ? Some not-for-profit outfits have also adopted the same kind of recovery methods. That may be because you have to show that you are very efficient in your recovery methods and that your portfoilo is of a very high quality if you want to get commercial funding from a bank. In fact, among for-profits there are many who have sensible recovery practices. Some have fortnightly recovery, some have monthly .recovery. So we have differing practices. We just describe a few dominant ones and assume every for-profit MFI operates like that. How can you introduce regulations to ensure social upliftment in a sector that is moving towards for -profit models? I am not really concerned whether someone wants to make a profit or not. The bottom-line for me is customer protection. The first area is fair practices. Are you telling your customers how the loan is structured ? Are you being transparent about your performance ? There should also be a lender's lilability attached to what you do. Suppose you lend excessively to a customer without assessing their ability to service the loan, you have to take the hit. Then there's the question oflimiting returns. You can say that an MFI cannot have a return on assets more than X, a return on equity of more than Y. Then suppose there is a privately promoted MFI, there should be a regulation to ensure the MFI cannot access equity markets till a certain amount of time. MFis went to markets perhaps because of the need to grow too big too fast. The government thought they were making profit off the poor, and that's an indirect reasons why they decided to clamp down on MFis. If you say an MFI won't go to capital market, then it will keep political compulsions under rein. What is the difference between MFis and moneylenders? |
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Answer» There is no difference |
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| 18. |
A spate of farmer sucides linked to harassment by recovery agents employed by Micro Finance Institutions (MFis) in Andhra Pradesh spurred the state government to bring in regulation to protect consumer interests. But, while the Bill has brought mto sharp focus the need for consumer protection, it tries to micro- manage MFI operations and in the process it could scuttle some of the crucial benefits that MFls bring to fanners, says the author of Microfinance India, State of the Sector Report 2010. In an interview he points out that prudent regulation can ensure the original goal of the MFls-social uplift of the poor. Do you feel the AP Bill to regulate MFis is well thought out ? Does it ensure fairness to the borrowers and the long-term health of the sector ? The AP bill has brought into sharp focus the need for customer protection in four critical areas First is pricing. Second is tender's liability-whether the Lender can give too much loan without assessing the customer's ability to pay. Third is the structure of loan repayment - whether you can ask money on a weekly basis from people who don't produce weekly incomes. Fourth is the practices that attend to how you deal with defaults. But the Act should have looked at the . positive benefits that institutions could bring in, and where they need to be regulated in the interests of the customers. It should have brought only those features in. Say, you want the recovery practices to be consistent with what the customer can really manage. If the customer fs aggrieved and complains that somebody is harassing him, then those complaints should be investigated by the District Rural Development Authority. Instead what the Bill says is that MFis cannot go to the customer's premises to ask for recovery and that all transactions will be done in the Panchayat office. With great difficulty, MFis brought services to the door of people. It is such a relief for the customers not to be spending time out going to banks or Panchayat offices, which could be 10 km away in some cases. A facility which has brought some relief to people is being shut. Moreover, you are practically telling the MFI where it should do business and how it should do it. Social responsibilities were in-built when the MFis were first conceived. If MFis go for profit with loose regulations, how are they different from moneylenders? Even among moneylenders there are very good people who take care of the customer's circumstance, and there are really bad ones. A large number of the MFis are good and there are some who are coercive because of the kind of prices and processes they have adopted. But Moneylenders never got this orgenised. The did not have such a large footprint. An MFI brought m orgamsations, it mobilized the equity, it brought in commercial funding. It invested in systems. It appointed a large number of people. But some of then exacted a much higher price than they should have. They wanted to break even very fast and greed did take over in some cases. Are the for-profit MFis the only ones harassing people for recoveries ? Some not-for-profit outfits have also adopted the same kind of recovery methods. That may be because you have to show that you are very efficient in your recovery methods and that your portfoilo is of a very high quality if you want to get commercial funding from a bank. In fact, among for-profits there are many who have sensible recovery practices. Some have fortnightly recovery, some have monthly .recovery. So we have differing practices. We just describe a few dominant ones and assume every for-profit MFI operates like that. How can you introduce regulations to ensure social upliftment in a sector that is moving towards for -profit models? I am not really concerned whether someone wants to make a profit or not. The bottom-line for me is customer protection. The first area is fair practices. Are you telling your customers how the loan is structured ? Are you being transparent about your performance ? There should also be a lender's lilability attached to what you do. Suppose you lend excessively to a customer without assessing their ability to service the loan, you have to take the hit. Then there's the question oflimiting returns. You can say that an MFI cannot have a return on assets more than X, a return on equity of more than Y. Then suppose there is a privately promoted MFI, there should be a regulation to ensure the MFI cannot access equity markets till a certain amount of time. MFis went to markets perhaps because of the need to grow too big too fast. The government thought they were making profit off the poor, and that's an indirect reasons why they decided to clamp down on MFis. If you say an MFI won't go to capital market, then it will keep political compulsions under rein. Which of the following is positive outcome of the AP Bill to regulate MFls? |
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Answer» The banks have STARTED this service in remote areas |
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| 19. |
A spate of farmer sucides linked to harassment by recovery agents employed by Micro Finance Institutions (MFis) in Andhra Pradesh spurred the state government to bring in regulation to protect consumer interests. But, while the Bill has brought mto sharp focus the need for consumer protection, it tries to micro- manage MFI operations and in the process it could scuttle some of the crucial benefits that MFls bring to fanners, says the author of Microfinance India, State of the Sector Report 2010. In an interview he points out that prudent regulation can ensure the original goal of the MFls-social uplift of the poor. Do you feel the AP Bill to regulate MFis is well thought out ? Does it ensure fairness to the borrowers and the long-term health of the sector ? The AP bill has brought into sharp focus the need for customer protection in four critical areas First is pricing. Second is tender's liability-whether the Lender can give too much loan without assessing the customer's ability to pay. Third is the structure of loan repayment - whether you can ask money on a weekly basis from people who don't produce weekly incomes. Fourth is the practices that attend to how you deal with defaults. But the Act should have looked at the . positive benefits that institutions could bring in, and where they need to be regulated in the interests of the customers. It should have brought only those features in. Say, you want the recovery practices to be consistent with what the customer can really manage. If the customer fs aggrieved and complains that somebody is harassing him, then those complaints should be investigated by the District Rural Development Authority. Instead what the Bill says is that MFis cannot go to the customer's premises to ask for recovery and that all transactions will be done in the Panchayat office. With great difficulty, MFis brought services to the door of people. It is such a relief for the customers not to be spending time out going to banks or Panchayat offices, which could be 10 km away in some cases. A facility which has brought some relief to people is being shut. Moreover, you are practically telling the MFI where it should do business and how it should do it. Social responsibilities were in-built when the MFis were first conceived. If MFis go for profit with loose regulations, how are they different from moneylenders? Even among moneylenders there are very good people who take care of the customer's circumstance, and there are really bad ones. A large number of the MFis are good and there are some who are coercive because of the kind of prices and processes they have adopted. But Moneylenders never got this orgenised. The did not have such a large footprint. An MFI brought m orgamsations, it mobilized the equity, it brought in commercial funding. It invested in systems. It appointed a large number of people. But some of then exacted a much higher price than they should have. They wanted to break even very fast and greed did take over in some cases. Are the for-profit MFis the only ones harassing people for recoveries ? Some not-for-profit outfits have also adopted the same kind of recovery methods. That may be because you have to show that you are very efficient in your recovery methods and that your portfoilo is of a very high quality if you want to get commercial funding from a bank. In fact, among for-profits there are many who have sensible recovery practices. Some have fortnightly recovery, some have monthly .recovery. So we have differing practices. We just describe a few dominant ones and assume every for-profit MFI operates like that. How can you introduce regulations to ensure social upliftment in a sector that is moving towards for -profit models? I am not really concerned whether someone wants to make a profit or not. The bottom-line for me is customer protection. The first area is fair practices. Are you telling your customers how the loan is structured ? Are you being transparent about your performance ? There should also be a lender's lilability attached to what you do. Suppose you lend excessively to a customer without assessing their ability to service the loan, you have to take the hit. Then there's the question oflimiting returns. You can say that an MFI cannot have a return on assets more than X, a return on equity of more than Y. Then suppose there is a privately promoted MFI, there should be a regulation to ensure the MFI cannot access equity markets till a certain amount of time. MFis went to markets perhaps because of the need to grow too big too fast. The government thought they were making profit off the poor, and that's an indirect reasons why they decided to clamp down on MFis. If you say an MFI won't go to capital market, then it will keep political compulsions under rein. The author is recommending_____ |
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Answer» Not-for profit MFIS |
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| 20. |
A spate of farmer sucides linked to harassment by recovery agents employed by Micro Finance Institutions (MFis) in Andhra Pradesh spurred the state government to bring in regulation to protect consumer interests. But, while the Bill has brought mto sharp focus the need for consumer protection, it tries to micro- manage MFI operations and in the process it could scuttle some of the crucial benefits that MFls bring to fanners, says the author of Microfinance India, State of the Sector Report 2010. In an interview he points out that prudent regulation can ensure the original goal of the MFls-social uplift of the poor. Do you feel the AP Bill to regulate MFis is well thought out ? Does it ensure fairness to the borrowers and the long-term health of the sector ? The AP bill has brought into sharp focus the need for customer protection in four critical areas First is pricing. Second is tender's liability-whether the Lender can give too much loan without assessing the customer's ability to pay. Third is the structure of loan repayment - whether you can ask money on a weekly basis from people who don't produce weekly incomes. Fourth is the practices that attend to how you deal with defaults. But the Act should have looked at the . positive benefits that institutions could bring in, and where they need to be regulated in the interests of the customers. It should have brought only those features in. Say, you want the recovery practices to be consistent with what the customer can really manage. If the customer fs aggrieved and complains that somebody is harassing him, then those complaints should be investigated by the District Rural Development Authority. Instead what the Bill says is that MFis cannot go to the customer's premises to ask for recovery and that all transactions will be done in the Panchayat office. With great difficulty, MFis brought services to the door of people. It is such a relief for the customers not to be spending time out going to banks or Panchayat offices, which could be 10 km away in some cases. A facility which has brought some relief to people is being shut. Moreover, you are practically telling the MFI where it should do business and how it should do it. Social responsibilities were in-built when the MFis were first conceived. If MFis go for profit with loose regulations, how are they different from moneylenders? Even among moneylenders there are very good people who take care of the customer's circumstance, and there are really bad ones. A large number of the MFis are good and there are some who are coercive because of the kind of prices and processes they have adopted. But Moneylenders never got this orgenised. The did not have such a large footprint. An MFI brought m orgamsations, it mobilized the equity, it brought in commercial funding. It invested in systems. It appointed a large number of people. But some of then exacted a much higher price than they should have. They wanted to break even very fast and greed did take over in some cases. Are the for-profit MFis the only ones harassing people for recoveries ? Some not-for-profit outfits have also adopted the same kind of recovery methods. That may be because you have to show that you are very efficient in your recovery methods and that your portfoilo is of a very high quality if you want to get commercial funding from a bank. In fact, among for-profits there are many who have sensible recovery practices. Some have fortnightly recovery, some have monthly .recovery. So we have differing practices. We just describe a few dominant ones and assume every for-profit MFI operates like that. How can you introduce regulations to ensure social upliftment in a sector that is moving towards for -profit models? I am not really concerned whether someone wants to make a profit or not. The bottom-line for me is customer protection. The first area is fair practices. Are you telling your customers how the loan is structured ? Are you being transparent about your performance ? There should also be a lender's lilability attached to what you do. Suppose you lend excessively to a customer without assessing their ability to service the loan, you have to take the hit. Then there's the question oflimiting returns. You can say that an MFI cannot have a return on assets more than X, a return on equity of more than Y. Then suppose there is a privately promoted MFI, there should be a regulation to ensure the MFI cannot access equity markets till a certain amount of time. MFis went to markets perhaps because of the need to grow too big too fast. The government thought they were making profit off the poor, and that's an indirect reasons why they decided to clamp down on MFis. If you say an MFI won't go to capital market, then it will keep political compulsions under rein. Why did MFis go to the equity markers ? |
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Answer» To REPAY the loan |
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| 21. |
A spate of farmer sucides linked to harassment by recovery agents employed by Micro Finance Institutions (MFis) in Andhra Pradesh spurred the state government to bring in regulation to protect consumer interests. But, while the Bill has brought mto sharp focus the need for consumer protection, it tries to micro- manage MFI operations and in the process it could scuttle some of the crucial benefits that MFls bring to fanners, says the author of Microfinance India, State of the Sector Report 2010. In an interview he points out that prudent regulation can ensure the original goal of the MFls-social uplift of the poor. Do you feel the AP Bill to regulate MFis is well thought out ? Does it ensure fairness to the borrowers and the long-term health of the sector ? The AP bill has brought into sharp focus the need for customer protection in four critical areas First is pricing. Second is tender's liability-whether the Lender can give too much loan without assessing the customer's ability to pay. Third is the structure of loan repayment - whether you can ask money on a weekly basis from people who don't produce weekly incomes. Fourth is the practices that attend to how you deal with defaults. But the Act should have looked at the . positive benefits that institutions could bring in, and where they need to be regulated in the interests of the customers. It should have brought only those features in. Say, you want the recovery practices to be consistent with what the customer can really manage. If the customer fs aggrieved and complains that somebody is harassing him, then those complaints should be investigated by the District Rural Development Authority. Instead what the Bill says is that MFis cannot go to the customer's premises to ask for recovery and that all transactions will be done in the Panchayat office. With great difficulty, MFis brought services to the door of people. It is such a relief for the customers not to be spending time out going to banks or Panchayat offices, which could be 10 km away in some cases. A facility which has brought some relief to people is being shut. Moreover, you are practically telling the MFI where it should do business and how it should do it. Social responsibilities were in-built when the MFis were first conceived. If MFis go for profit with loose regulations, how are they different from moneylenders? Even among moneylenders there are very good people who take care of the customer's circumstance, and there are really bad ones. A large number of the MFis are good and there are some who are coercive because of the kind of prices and processes they have adopted. But Moneylenders never got this orgenised. The did not have such a large footprint. An MFI brought m orgamsations, it mobilized the equity, it brought in commercial funding. It invested in systems. It appointed a large number of people. But some of then exacted a much higher price than they should have. They wanted to break even very fast and greed did take over in some cases. Are the for-profit MFis the only ones harassing people for recoveries ? Some not-for-profit outfits have also adopted the same kind of recovery methods. That may be because you have to show that you are very efficient in your recovery methods and that your portfoilo is of a very high quality if you want to get commercial funding from a bank. In fact, among for-profits there are many who have sensible recovery practices. Some have fortnightly recovery, some have monthly .recovery. So we have differing practices. We just describe a few dominant ones and assume every for-profit MFI operates like that. How can you introduce regulations to ensure social upliftment in a sector that is moving towards for -profit models? I am not really concerned whether someone wants to make a profit or not. The bottom-line for me is customer protection. The first area is fair practices. Are you telling your customers how the loan is structured ? Are you being transparent about your performance ? There should also be a lender's lilability attached to what you do. Suppose you lend excessively to a customer without assessing their ability to service the loan, you have to take the hit. Then there's the question oflimiting returns. You can say that an MFI cannot have a return on assets more than X, a return on equity of more than Y. Then suppose there is a privately promoted MFI, there should be a regulation to ensure the MFI cannot access equity markets till a certain amount of time. MFis went to markets perhaps because of the need to grow too big too fast. The government thought they were making profit off the poor, and that's an indirect reasons why they decided to clamp down on MFis. If you say an MFI won't go to capital market, then it will keep political compulsions under rein. Which of the following has not been indicated as one of the features of air practices for customer protection ? |
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Answer» Providing information about loan structuring. |
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| 22. |
A spate of farmer sucides linked to harassment by recovery agents employed by Micro Finance Institutions (MFis) in Andhra Pradesh spurred the state government to bring in regulation to protect consumer interests. But, while the Bill has brought mto sharp focus the need for consumer protection, it tries to micro- manage MFI operations and in the process it could scuttle some of the crucial benefits that MFls bring to fanners, says the author of Microfinance India, State of the Sector Report 2010. In an interview he points out that prudent regulation can ensure the original goal of the MFls-social uplift of the poor. Do you feel the AP Bill to regulate MFis is well thought out ? Does it ensure fairness to the borrowers and the long-term health of the sector ? The AP bill has brought into sharp focus the need for customer protection in four critical areas First is pricing. Second is tender's liability-whether the Lender can give too much loan without assessing the customer's ability to pay. Third is the structure of loan repayment - whether you can ask money on a weekly basis from people who don't produce weekly incomes. Fourth is the practices that attend to how you deal with defaults. But the Act should have looked at the . positive benefits that institutions could bring in, and where they need to be regulated in the interests of the customers. It should have brought only those features in. Say, you want the recovery practices to be consistent with what the customer can really manage. If the customer fs aggrieved and complains that somebody is harassing him, then those complaints should be investigated by the District Rural Development Authority. Instead what the Bill says is that MFis cannot go to the customer's premises to ask for recovery and that all transactions will be done in the Panchayat office. With great difficulty, MFis brought services to the door of people. It is such a relief for the customers not to be spending time out going to banks or Panchayat offices, which could be 10 km away in some cases. A facility which has brought some relief to people is being shut. Moreover, you are practically telling the MFI where it should do business and how it should do it. Social responsibilities were in-built when the MFis were first conceived. If MFis go for profit with loose regulations, how are they different from moneylenders? Even among moneylenders there are very good people who take care of the customer's circumstance, and there are really bad ones. A large number of the MFis are good and there are some who are coercive because of the kind of prices and processes they have adopted. But Moneylenders never got this orgenised. The did not have such a large footprint. An MFI brought m orgamsations, it mobilized the equity, it brought in commercial funding. It invested in systems. It appointed a large number of people. But some of then exacted a much higher price than they should have. They wanted to break even very fast and greed did take over in some cases. Are the for-profit MFis the only ones harassing people for recoveries ? Some not-for-profit outfits have also adopted the same kind of recovery methods. That may be because you have to show that you are very efficient in your recovery methods and that your portfoilo is of a very high quality if you want to get commercial funding from a bank. In fact, among for-profits there are many who have sensible recovery practices. Some have fortnightly recovery, some have monthly .recovery. So we have differing practices. We just describe a few dominant ones and assume every for-profit MFI operates like that. How can you introduce regulations to ensure social upliftment in a sector that is moving towards for -profit models? I am not really concerned whether someone wants to make a profit or not. The bottom-line for me is customer protection. The first area is fair practices. Are you telling your customers how the loan is structured ? Are you being transparent about your performance ? There should also be a lender's lilability attached to what you do. Suppose you lend excessively to a customer without assessing their ability to service the loan, you have to take the hit. Then there's the question oflimiting returns. You can say that an MFI cannot have a return on assets more than X, a return on equity of more than Y. Then suppose there is a privately promoted MFI, there should be a regulation to ensure the MFI cannot access equity markets till a certain amount of time. MFis went to markets perhaps because of the need to grow too big too fast. The government thought they were making profit off the poor, and that's an indirect reasons why they decided to clamp down on MFis. If you say an MFI won't go to capital market, then it will keep political compulsions under rein. Which of the following could possibly be most plausible reason for banning recovery by going to customer's premises ? |
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Answer» To protect the family members |
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| 23. |
A spate of farmer sucides linked to harassment by recovery agents employed by Micro Finance Institutions (MFis) in Andhra Pradesh spurred the state government to bring in regulation to protect consumer interests. But, while the Bill has brought mto sharp focus the need for consumer protection, it tries to micro- manage MFI operations and in the process it could scuttle some of the crucial benefits that MFls bring to fanners, says the author of Microfinance India, State of the Sector Report 2010. In an interview he points out that prudent regulation can ensure the original goal of the MFls-social uplift of the poor. Do you feel the AP Bill to regulate MFis is well thought out ? Does it ensure fairness to the borrowers and the long-term health of the sector ? The AP bill has brought into sharp focus the need for customer protection in four critical areas First is pricing. Second is tender's liability-whether the Lender can give too much loan without assessing the customer's ability to pay. Third is the structure of loan repayment - whether you can ask money on a weekly basis from people who don't produce weekly incomes. Fourth is the practices that attend to how you deal with defaults. But the Act should have looked at the . positive benefits that institutions could bring in, and where they need to be regulated in the interests of the customers. It should have brought only those features in. Say, you want the recovery practices to be consistent with what the customer can really manage. If the customer fs aggrieved and complains that somebody is harassing him, then those complaints should be investigated by the District Rural Development Authority. Instead what the Bill says is that MFis cannot go to the customer's premises to ask for recovery and that all transactions will be done in the Panchayat office. With great difficulty, MFis brought services to the door of people. It is such a relief for the customers not to be spending time out going to banks or Panchayat offices, which could be 10 km away in some cases. A facility which has brought some relief to people is being shut. Moreover, you are practically telling the MFI where it should do business and how it should do it. Social responsibilities were in-built when the MFis were first conceived. If MFis go for profit with loose regulations, how are they different from moneylenders? Even among moneylenders there are very good people who take care of the customer's circumstance, and there are really bad ones. A large number of the MFis are good and there are some who are coercive because of the kind of prices and processes they have adopted. But Moneylenders never got this orgenised. The did not have such a large footprint. An MFI brought m orgamsations, it mobilized the equity, it brought in commercial funding. It invested in systems. It appointed a large number of people. But some of then exacted a much higher price than they should have. They wanted to break even very fast and greed did take over in some cases. Are the for-profit MFis the only ones harassing people for recoveries ? Some not-for-profit outfits have also adopted the same kind of recovery methods. That may be because you have to show that you are very efficient in your recovery methods and that your portfoilo is of a very high quality if you want to get commercial funding from a bank. In fact, among for-profits there are many who have sensible recovery practices. Some have fortnightly recovery, some have monthly .recovery. So we have differing practices. We just describe a few dominant ones and assume every for-profit MFI operates like that. How can you introduce regulations to ensure social upliftment in a sector that is moving towards for -profit models? I am not really concerned whether someone wants to make a profit or not. The bottom-line for me is customer protection. The first area is fair practices. Are you telling your customers how the loan is structured ? Are you being transparent about your performance ? There should also be a lender's lilability attached to what you do. Suppose you lend excessively to a customer without assessing their ability to service the loan, you have to take the hit. Then there's the question oflimiting returns. You can say that an MFI cannot have a return on assets more than X, a return on equity of more than Y. Then suppose there is a privately promoted MFI, there should be a regulation to ensure the MFI cannot access equity markets till a certain amount of time. MFis went to markets perhaps because of the need to grow too big too fast. The government thought they were making profit off the poor, and that's an indirect reasons why they decided to clamp down on MFis. If you say an MFI won't go to capital market, then it will keep political compulsions under rein. manage |
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Answer» AFFORD |
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| 24. |
A spate of farmer sucides linked to harassment by recovery agents employed by Micro Finance Institutions (MFis) in Andhra Pradesh spurred the state government to bring in regulation to protect consumer interests. But, while the Bill has brought mto sharp focus the need for consumer protection, it tries to micro- manage MFI operations and in the process it could scuttle some of the crucial benefits that MFls bring to fanners, says the author of Microfinance India, State of the Sector Report 2010. In an interview he points out that prudent regulation can ensure the original goal of the MFls-social uplift of the poor. Do you feel the AP Bill to regulate MFis is well thought out ? Does it ensure fairness to the borrowers and the long-term health of the sector ? The AP bill has brought into sharp focus the need for customer protection in four critical areas First is pricing. Second is tender's liability-whether the Lender can give too much loan without assessing the customer's ability to pay. Third is the structure of loan repayment - whether you can ask money on a weekly basis from people who don't produce weekly incomes. Fourth is the practices that attend to how you deal with defaults. But the Act should have looked at the . positive benefits that institutions could bring in, and where they need to be regulated in the interests of the customers. It should have brought only those features in. Say, you want the recovery practices to be consistent with what the customer can really manage. If the customer fs aggrieved and complains that somebody is harassing him, then those complaints should be investigated by the District Rural Development Authority. Instead what the Bill says is that MFis cannot go to the customer's premises to ask for recovery and that all transactions will be done in the Panchayat office. With great difficulty, MFis brought services to the door of people. It is such a relief for the customers not to be spending time out going to banks or Panchayat offices, which could be 10 km away in some cases. A facility which has brought some relief to people is being shut. Moreover, you are practically telling the MFI where it should do business and how it should do it. Social responsibilities were in-built when the MFis were first conceived. If MFis go for profit with loose regulations, how are they different from moneylenders? Even among moneylenders there are very good people who take care of the customer's circumstance, and there are really bad ones. A large number of the MFis are good and there are some who are coercive because of the kind of prices and processes they have adopted. But Moneylenders never got this orgenised. The did not have such a large footprint. An MFI brought m orgamsations, it mobilized the equity, it brought in commercial funding. It invested in systems. It appointed a large number of people. But some of then exacted a much higher price than they should have. They wanted to break even very fast and greed did take over in some cases. Are the for-profit MFis the only ones harassing people for recoveries ? Some not-for-profit outfits have also adopted the same kind of recovery methods. That may be because you have to show that you are very efficient in your recovery methods and that your portfoilo is of a very high quality if you want to get commercial funding from a bank. In fact, among for-profits there are many who have sensible recovery practices. Some have fortnightly recovery, some have monthly .recovery. So we have differing practices. We just describe a few dominant ones and assume every for-profit MFI operates like that. How can you introduce regulations to ensure social upliftment in a sector that is moving towards for -profit models? I am not really concerned whether someone wants to make a profit or not. The bottom-line for me is customer protection. The first area is fair practices. Are you telling your customers how the loan is structured ? Are you being transparent about your performance ? There should also be a lender's lilability attached to what you do. Suppose you lend excessively to a customer without assessing their ability to service the loan, you have to take the hit. Then there's the question oflimiting returns. You can say that an MFI cannot have a return on assets more than X, a return on equity of more than Y. Then suppose there is a privately promoted MFI, there should be a regulation to ensure the MFI cannot access equity markets till a certain amount of time. MFis went to markets perhaps because of the need to grow too big too fast. The government thought they were making profit off the poor, and that's an indirect reasons why they decided to clamp down on MFis. If you say an MFI won't go to capital market, then it will keep political compulsions under rein. exacted |
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Answer» PERFECTED |
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| 25. |
Activity in the services sector shrank in September as new orders sank, a new survey shows. To add to the worries, overall economic activity is seen to ·be nearly stagnating, while employment levels fell for the second successive month. The seasonally adjusted Service: Sector Business Activity Index fell to 49 .8 from 53 .8 in August, HSBC Purchasing Managers Index, which is based on a survey of350'private sector executives, showed. Any reading ofless than 50 indicates contraction, while · economic activity is seen to be growing if the ·index is over 50. This is the first time since April 2009 that the services secfor, that accounts for more than half the Indian. economy, -has slipped into negative terrain. The decline in services sector activity could be attributed to lower demand for offshoring and IT and IT-enabled services from the US and Europe, where several economies are grapplingwith debt problems. There is also an impact on financial services as banking activity has slowed down on account of higher interest rates and investors are wary of-parking their funds in stock markets. At the moment, manufacturing activity is continuing to grow, though at a much slower pace. As a result, The HSBC India Composite Index which covers manufacturing and services sectors stood at 50.2 in September, compared to 54.5 in August.The overall trend is·in line with expectations that the Indian economy will grow at less than 8% during the current financial year, with agriculture providing the ?,nly silver lining. Last year the economy expanded 8.5% prompting the government to predict 9% growth this year. But over the last few months, as the globareconomic situation deteriorated and higher interest rates slowed down the tempo, the government too is lowering its forecasts although not to the extent tpat others have done. But services which are shrinking. The survey shows employment fell for the secondsuccessive month, incre·asing worries for policymakers, who want rapid economic growth to take care of the growing-population that is joining the workforce. According to the passage, what is the contribution of services sector to lndian economy? |
| Answer» Answer :D | |
| 26. |
Activity in the services sector shrank in September as new orders sank, a new survey shows. To add to the worries, overall economic activity is seen to ·be nearly stagnating, while employment levels fell for the second successive month. The seasonally adjusted Service: Sector Business Activity Index fell to 49 .8 from 53 .8 in August, HSBC Purchasing Managers Index, which is based on a survey of350'private sector executives, showed. Any reading ofless than 50 indicates contraction, while · economic activity is seen to be growing if the ·index is over 50. This is the first time since April 2009 that the services secfor, that accounts for more than half the Indian. economy, -has slipped into negative terrain. The decline in services sector activity could be attributed to lower demand for offshoring and IT and IT-enabled services from the US and Europe, where several economies are grapplingwith debt problems. There is also an impact on financial services as banking activity has slowed down on account of higher interest rates and investors are wary of-parking their funds in stock markets. At the moment, manufacturing activity is continuing to grow, though at a much slower pace. As a result, The HSBC India Composite Index which covers manufacturing and services sectors stood at 50.2 in September, compared to 54.5 in August.The overall trend is·in line with expectations that the Indian economy will grow at less than 8% during the current financial year, with agriculture providing the ?,nly silver lining. Last year the economy expanded 8.5% prompting the government to predict 9% growth this year. But over the last few months, as the globareconomic situation deteriorated and higher interest rates slowed down the tempo, the government too is lowering its forecasts although not to the extent tpat others have done. But services which are shrinking. The survey shows employment fell for the secondsuccessive month, incre·asing worries for policymakers, who want rapid economic growth to take care of the growing-population that is joining the workforce. What was the initial prediction of percent growth oflndian economy, according to the passage? |
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Answer» 0.085 |
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| 27. |
Activity in the services sector shrank in September as new orders sank, a new survey shows. To add to the worries, overall economic activity is seen to ·be nearly stagnating, while employment levels fell for the second successive month. The seasonally adjusted Service: Sector Business Activity Index fell to 49 .8 from 53 .8 in August, HSBC Purchasing Managers Index, which is based on a survey of350'private sector executives, showed. Any reading ofless than 50 indicates contraction, while · economic activity is seen to be growing if the ·index is over 50. This is the first time since April 2009 that the services secfor, that accounts for more than half the Indian. economy, -has slipped into negative terrain. The decline in services sector activity could be attributed to lower demand for offshoring and IT and IT-enabled services from the US and Europe, where several economies are grapplingwith debt problems. There is also an impact on financial services as banking activity has slowed down on account of higher interest rates and investors are wary of-parking their funds in stock markets. At the moment, manufacturing activity is continuing to grow, though at a much slower pace. As a result, The HSBC India Composite Index which covers manufacturing and services sectors stood at 50.2 in September, compared to 54.5 in August.The overall trend is·in line with expectations that the Indian economy will grow at less than 8% during the current financial year, with agriculture providing the ?,nly silver lining. Last year the economy expanded 8.5% prompting the government to predict 9% growth this year. But over the last few months, as the globareconomic situation deteriorated and higher interest rates slowed down the tempo, the government too is lowering its forecasts although not to the extent tpat others have done. But services which are shrinking. The survey shows employment fell for the secondsuccessive month, incre·asing worries for policymakers, who want rapid economic growth to take care of the growing-population that is joining the workforce. Which of the following is correct in the context of the passage? |
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Answer» Banking activity has GONE up with higher interest rates. |
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| 28. |
Activity in the services sector shrank in September as new orders sank, a new survey shows. To add to the worries, overall economic activity is seen to ·be nearly stagnating, while employment levels fell for the second successive month. The seasonally adjusted Service: Sector Business Activity Index fell to 49 .8 from 53 .8 in August, HSBC Purchasing Managers Index, which is based on a survey of350'private sector executives, showed. Any reading ofless than 50 indicates contraction, while · economic activity is seen to be growing if the ·index is over 50. This is the first time since April 2009 that the services secfor, that accounts for more than half the Indian. economy, -has slipped into negative terrain. The decline in services sector activity could be attributed to lower demand for offshoring and IT and IT-enabled services from the US and Europe, where several economies are grapplingwith debt problems. There is also an impact on financial services as banking activity has slowed down on account of higher interest rates and investors are wary of-parking their funds in stock markets. At the moment, manufacturing activity is continuing to grow, though at a much slower pace. As a result, The HSBC India Composite Index which covers manufacturing and services sectors stood at 50.2 in September, compared to 54.5 in August.The overall trend is·in line with expectations that the Indian economy will grow at less than 8% during the current financial year, with agriculture providing the ?,nly silver lining. Last year the economy expanded 8.5% prompting the government to predict 9% growth this year. But over the last few months, as the globareconomic situation deteriorated and higher interest rates slowed down the tempo, the government too is lowering its forecasts although not to the extent tpat others have done. But services which are shrinking. The survey shows employment fell for the secondsuccessive month, incre·asing worries for policymakers, who want rapid economic growth to take care of the growing-population that is joining the workforce. Which of the following may be the most suitable title for the passage? |
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Answer» Global OUTLOOK |
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| 29. |
Activity in the services sector shrank in September as new orders sank, a new survey shows. To add to the worries, overall economic activity is seen to ·be nearly stagnating, while employment levels fell for the second successive month. The seasonally adjusted Service: Sector Business Activity Index fell to 49 .8 from 53 .8 in August, HSBC Purchasing Managers Index, which is based on a survey of350'private sector executives, showed. Any reading ofless than 50 indicates contraction, while · economic activity is seen to be growing if the ·index is over 50. This is the first time since April 2009 that the services secfor, that accounts for more than half the Indian. economy, -has slipped into negative terrain. The decline in services sector activity could be attributed to lower demand for offshoring and IT and IT-enabled services from the US and Europe, where several economies are grapplingwith debt problems. There is also an impact on financial services as banking activity has slowed down on account of higher interest rates and investors are wary of-parking their funds in stock markets. At the moment, manufacturing activity is continuing to grow, though at a much slower pace. As a result, The HSBC India Composite Index which covers manufacturing and services sectors stood at 50.2 in September, compared to 54.5 in August.The overall trend is·in line with expectations that the Indian economy will grow at less than 8% during the current financial year, with agriculture providing the ?,nly silver lining. Last year the economy expanded 8.5% prompting the government to predict 9% growth this year. But over the last few months, as the globareconomic situation deteriorated and higher interest rates slowed down the tempo, the government too is lowering its forecasts although not to the extent tpat others have done. But services which are shrinking. The survey shows employment fell for the secondsuccessive month, incre·asing worries for policymakers, who want rapid economic growth to take care of the growing-population that is joining the workforce. Which of the following sector(s) is/are covered under HSBC India Composite Index? |
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Answer» SERVICES only |
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| 30. |
Activity in the services sector shrank in September as new orders sank, a new survey shows. To add to the worries, overall economic activity is seen to ·be nearly stagnating, while employment levels fell for the second successive month. The seasonally adjusted Service: Sector Business Activity Index fell to 49 .8 from 53 .8 in August, HSBC Purchasing Managers Index, which is based on a survey of350'private sector executives, showed. Any reading ofless than 50 indicates contraction, while · economic activity is seen to be growing if the ·index is over 50. This is the first time since April 2009 that the services secfor, that accounts for more than half the Indian. economy, -has slipped into negative terrain. The decline in services sector activity could be attributed to lower demand for offshoring and IT and IT-enabled services from the US and Europe, where several economies are grapplingwith debt problems. There is also an impact on financial services as banking activity has slowed down on account of higher interest rates and investors are wary of-parking their funds in stock markets. At the moment, manufacturing activity is continuing to grow, though at a much slower pace. As a result, The HSBC India Composite Index which covers manufacturing and services sectors stood at 50.2 in September, compared to 54.5 in August.The overall trend is·in line with expectations that the Indian economy will grow at less than 8% during the current financial year, with agriculture providing the ?,nly silver lining. Last year the economy expanded 8.5% prompting the government to predict 9% growth this year. But over the last few months, as the globareconomic situation deteriorated and higher interest rates slowed down the tempo, the government too is lowering its forecasts although not to the extent tpat others have done. But services which are shrinking. The survey shows employment fell for the secondsuccessive month, incre·asing worries for policymakers, who want rapid economic growth to take care of the growing-population that is joining the workforce. Which of the following will not show contraction in the services sector business? |
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Answer» 54.5 |
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| 31. |
Activity in the services sector shrank in September as new orders sank, a new survey shows. To add to the worries, overall economic activity is seen to ·be nearly stagnating, while employment levels fell for the second successive month. The seasonally adjusted Service: Sector Business Activity Index fell to 49 .8 from 53 .8 in August, HSBC Purchasing Managers Index, which is based on a survey of350'private sector executives, showed. Any reading ofless than 50 indicates contraction, while · economic activity is seen to be growing if the ·index is over 50. This is the first time since April 2009 that the services secfor, that accounts for more than half the Indian. economy, -has slipped into negative terrain. The decline in services sector activity could be attributed to lower demand for offshoring and IT and IT-enabled services from the US and Europe, where several economies are grapplingwith debt problems. There is also an impact on financial services as banking activity has slowed down on account of higher interest rates and investors are wary of-parking their funds in stock markets. At the moment, manufacturing activity is continuing to grow, though at a much slower pace. As a result, The HSBC India Composite Index which covers manufacturing and services sectors stood at 50.2 in September, compared to 54.5 in August.The overall trend is·in line with expectations that the Indian economy will grow at less than 8% during the current financial year, with agriculture providing the ?,nly silver lining. Last year the economy expanded 8.5% prompting the government to predict 9% growth this year. But over the last few months, as the globareconomic situation deteriorated and higher interest rates slowed down the tempo, the government too is lowering its forecasts although not to the extent tpat others have done. But services which are shrinking. The survey shows employment fell for the secondsuccessive month, incre·asing worries for policymakers, who want rapid economic growth to take care of the growing-population that is joining the workforce.According to the passage, what (percentage-wise) is the share of manufacturing in India economy ? |
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Answer» 5 |
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| 32. |
(A) This massive "influx/retreat" of investment by foreign manufactures is of great significance for India's economy (B) China could start working on a more "affective/effective" growth strategy for the new era now (C ) It should be ponted out that what is happening in India occured in China two decades "ago/before". |
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Answer» 112 |
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| 33. |
A man reportedly ________ two passports with the same photograph, but under different names was arrested by the commissioner's Task Force. (1) possessing (2) examining (3) surrendering (4) mastering (5) holding (6) fixating |
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Answer» (2) and (3) |
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| 34. |
(A)TheArgentine peso, which has lost more than half of its value in 2018, for instance, witnessed a sharp loss of more than 10% on Thursday alone. (B) The Indian rupee weakened past the 71 mark for the first time ever on Friday, registering a loss of about 10% of its value against the dollar since the beginning of the year. (C ) This happened despite a 15 percentage point increase in interest rates by Argentina's central bank in order to stem the outflow of capital and shore up the value of the currency. (D) Emergingmarket economies continue to be in the spotlight for the wrong reasonsas their currenciesresume their prolonged slide against theU.S. dollar. (E ) This makes the rupee the worst-performing currency in Asia. Other emergingmarket currencies, most notably the Turkish lira, the Argentine peso and the South African rand, have suffered much larger losses owing to a serious loss of confidence among investors. Which of the following will be the FIRST sentence after the rearrangement ? |
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Answer» A |
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| 35. |
__________ before the clock struck 8 on Saturday night, India Gate was swamped with people wearing black teeshirts and holding candles. (A) Minutes (B) Time (C ) Later (D) Quickly (E ) Since (F) Seconds |
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Answer» (B) and (E ) |
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| 36. |
(A) The merchant greedily counted his gold and said, "The purse I dropped had 200 pieces of gold in it. You've already, stolen more than the reward! Go away Or I will tell the police," (B) The judge, looking towards the merchantsaid, "you stated that the Purse you lost contained 200 pieces of gold. Well, that's a considerable cost. But the purse this beggar found had only 100 pieces of gold". (C) Beingan holiestman, the beggar came forward and handed the purse to the merchant saying , "Here is your purse. May I have my reward now?" (D) "This purse therefore cannot be the one you lost" And, with that, the Judge gave the purseand all the gold to the beggar. (E) A beggar found a leather purse that someone had dropped in the marketplace. On opening it, he discovered that it contained 100 pieces of gold. Then he heard a merchant shout, "A reward! A reward to the one who finds my leather purse". (F) "I am an honest man," said the beggar defiantly. "Let us take this matter to the court. The judge patiently listened to both sides of the story.Which of the following should be the FIFTHsentence after the rearrangement ? |
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Answer» E |
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| 37. |
(A) The merchant greedily counted his gold and said, "The purse I dropped had 200 pieces of gold in it. You've already, stolen more than the reward! Go away Or I will tell the police," (B) The judge, looking towards the merchantsaid, "you stated that the Purse you lost contained 200 pieces of gold. Well, that's a considerable cost. But the purse this beggar found had only 100 pieces of gold". (C) Beingan holiestman, the beggar came forward and handed the purse to the merchant saying , "Here is your purse. May I have my reward now?" (D) "This purse therefore cannot be the one you lost" And, with that, the Judge gave the purseand all the gold to the beggar. (E) A beggar found a leather purse that someone had dropped in the marketplace. On opening it, he discovered that it contained 100 pieces of gold. Then he heard a merchant shout, "A reward! A reward to the one who finds my leather purse". (F) "I am an honest man," said the beggar defiantly. "Let us take this matter to the court. The judge patiently listened to both sides of the story.Which of the following should be the SIXTH(LAST)sentence after the rearrangement ? |
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Answer» A |
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| 38. |
(A) The merchant greedily counted his gold and said, "The purse I dropped had 200 pieces of gold in it. You've already, stolen more than the reward! Go away Or I will tell the police," (B) The judge, looking towards the merchantsaid, "you stated that the Purse you lost contained 200 pieces of gold. Well, that's a considerable cost. But the purse this beggar found had only 100 pieces of gold". (C) Beingan holiestman, the beggar came forward and handed the purse to the merchant saying , "Here is your purse. May I have my reward now?" (D) "This purse therefore cannot be the one you lost" And, with that, the Judge gave the purseand all the gold to the beggar. (E) A beggar found a leather purse that someone had dropped in the marketplace. On opening it, he discovered that it contained 100 pieces of gold. Then he heard a merchant shout, "A reward! A reward to the one who finds my leather purse". (F) "I am an honest man," said the beggar defiantly. "Let us take this matter to the court. The judge patiently listened to both sides of the story.Which of the following should be the SECONDsentence after the rearrangement ? |
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Answer» A |
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| 39. |
(A) The merchant greedily counted his gold and said, "The purse I dropped had 200 pieces of gold in it. You've already, stolen more than the reward! Go away Or I will tell the police," (B) The judge, looking towards the merchantsaid, "you stated that the Purse you lost contained 200 pieces of gold. Well, that's a considerable cost. But the purse this beggar found had only 100 pieces of gold". (C) Beingan holiestman, the beggar came forward and handed the purse to the merchant saying , "Here is your purse. May I have my reward now?" (D) "This purse therefore cannot be the one you lost" And, with that, the Judge gave the purseand all the gold to the beggar. (E) A beggar found a leather purse that someone had dropped in the marketplace. On opening it, he discovered that it contained 100 pieces of gold. Then he heard a merchant shout, "A reward! A reward to the one who finds my leather purse". (F) "I am an honest man," said the beggar defiantly. "Let us take this matter to the court. The judge patiently listened to both sides of the story. Which of the following should be the FIRST sentence after the rearrangement? |
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Answer» E |
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| 40. |
(A) The merchant greedily counted his gold and said, "The purse I dropped had 200 pieces of gold in it. You've already, stolen more than the reward! Go away Or I will tell the police," (B) The judge, looking towards the merchantsaid, "you stated that the Purse you lost contained 200 pieces of gold. Well, that's a considerable cost. But the purse this beggar found had only 100 pieces of gold". (C) Beingan holiestman, the beggar came forward and handed the purse to the merchant saying , "Here is your purse. May I have my reward now?" (D) "This purse therefore cannot be the one you lost" And, with that, the Judge gave the purseand all the gold to the beggar. (E) A beggar found a leather purse that someone had dropped in the marketplace. On opening it, he discovered that it contained 100 pieces of gold. Then he heard a merchant shout, "A reward! A reward to the one who finds my leather purse". (F) "I am an honest man," said the beggar defiantly. "Let us take this matter to the court. The judge patiently listened to both sides of the story.Which of the following should be the FOURTHsentence after the rearrangement ? |
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Answer» D |
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| 41. |
(1)To elaborate briefly on these characteristics and dimensions that the author is talking about- NRMs are general tests intended to be used to classify students by percentile for measuring either apitude or proficiency for admissions into or placement within a program. (2) Contrastingly, the CRM, such as a locally produced achievement tese, measures absolute performance that is compared only with the learning objective, hence a perfect score is theoretically obtainable by all students who have a mastery of the pre-specifiedmaterial, or conversely, all students may fail the test.(3) In most of these books, the authors classify a measurement strategy as either norm-referenced (NRM ) or criterion-referenced (CRM). (4)Another author points out how the type of interpretation that an NRM offers is the reflative performance of the students compared with that of the students compared with that of all theothers resulting in, ideally, a bell curve distribution. (5) Numerous books on constructing and using language tests have been written by various authors. (6)CRMs, on the other hand, are more specific, achievement or diagonstic tests intendedto be used for motivating students by measuring to what percent they have achieved mastery of the thought or learned material. (7)One of the authors clearly delineates the differences of these two types by focusing on the categories of "test characteristics" and "logistical dimensions." Which of the following should be the FIRST sentence after rearragement ? |
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Answer» 7 |
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| 42. |
(1)To elaborate briefly on these characteristics and dimensions that the author is talking about- NRMs are general tests intended to be used to classify students by percentile for measuring either apitude or proficiency for admissions into or placement within a program. (2) Contrastingly, the CRM, such as a locally produced achievement tese, measures absolute performance that is compared only with the learning objective, hence a perfect score is theoretically obtainable by all students who have a mastery of the pre-specifiedmaterial, or conversely, all students may fail the test.(3) In most of these books, the authors classify a measurement strategy as either norm-referenced (NRM ) or criterion-referenced (CRM). (4)Another author points out how the type of interpretation that an NRM offers is the reflative performance of the students compared with that of the students compared with that of all theothers resulting in, ideally, a bell curve distribution. (5) Numerous books on constructing and using language tests have been written by various authors. (6)CRMs, on the other hand, are more specific, achievement or diagonstic tests intendedto be used for motivating students by measuring to what percent they have achieved mastery of the thought or learned material. (7)One of the authors clearly delineates the differences of these two types by focusing on the categories of "test characteristics" and "logistical dimensions." Which of the following should be the SEVENTH (LAST) sentence after rearragement ? |
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Answer» 1 |
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| 43. |
(1)To elaborate briefly on these characteristics and dimensions that the author is talking about- NRMs are general tests intended to be used to classify students by percentile for measuring either apitude or proficiency for admissions into or placement within a program. (2) Contrastingly, the CRM, such as a locally produced achievement tese, measures absolute performance that is compared only with the learning objective, hence a perfect score is theoretically obtainable by all students who have a mastery of the pre-specifiedmaterial, or conversely, all students may fail the test.(3) In most of these books, the authors classify a measurement strategy as either norm-referenced (NRM ) or criterion-referenced (CRM). (4)Another author points out how the type of interpretation that an NRM offers is the reflative performance of the students compared with that of the students compared with that of all theothers resulting in, ideally, a bell curve distribution. (5) Numerous books on constructing and using language tests have been written by various authors. (6)CRMs, on the other hand, are more specific, achievement or diagonstic tests intendedto be used for motivating students by measuring to what percent they have achieved mastery of the thought or learned material. (7)One of the authors clearly delineates the differences of these two types by focusing on the categories of "test characteristics" and "logistical dimensions." Which of the following should be the FIFTH sentence after rearragement ? |
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Answer» 1 |
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| 44. |
(1)To elaborate briefly on these characteristics and dimensions that the author is talking about- NRMs are general tests intended to be used to classify students by percentile for measuring either apitude or proficiency for admissions into or placement within a program. (2) Contrastingly, the CRM, such as a locally produced achievement tese, measures absolute performance that is compared only with the learning objective, hence a perfect score is theoretically obtainable by all students who have a mastery of the pre-specifiedmaterial, or conversely, all students may fail the test.(3) In most of these books, the authors classify a measurement strategy as either norm-referenced (NRM ) or criterion-referenced (CRM). (4)Another author points out how the type of interpretation that an NRM offers is the reflative performance of the students compared with that of the students compared with that of all theothers resulting in, ideally, a bell curve distribution. (5) Numerous books on constructing and using language tests have been written by various authors. (6)CRMs, on the other hand, are more specific, achievement or diagonstic tests intendedto be used for motivating students by measuring to what percent they have achieved mastery of the thought or learned material. (7)One of the authors clearly delineates the differences of these two types by focusing on the categories of "test characteristics" and "logistical dimensions." Which of the following should be the SECOND sentence after rearragement ? |
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Answer» 1 |
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| 45. |
(1)To elaborate briefly on these characteristics and dimensions that the author is talking about- NRMs are general tests intended to be used to classify students by percentile for measuring either apitude or proficiency for admissions into or placement within a program. (2) Contrastingly, the CRM, such as a locally produced achievement tese, measures absolute performance that is compared only with the learning objective, hence a perfect score is theoretically obtainable by all students who have a mastery of the pre-specifiedmaterial, or conversely, all students may fail the test.(3) In most of these books, the authors classify a measurement strategy as either norm-referenced (NRM ) or criterion-referenced (CRM). (4)Another author points out how the type of interpretation that an NRM offers is the reflative performance of the students compared with that of the students compared with that of all theothers resulting in, ideally, a bell curve distribution. (5) Numerous books on constructing and using language tests have been written by various authors. (6)CRMs, on the other hand, are more specific, achievement or diagonstic tests intendedto be used for motivating students by measuring to what percent they have achieved mastery of the thought or learned material. (7)One of the authors clearly delineates the differences of these two types by focusing on the categories of "test characteristics" and "logistical dimensions." Which of the following should be the THIRD sentence after rearragement ? |
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Answer» 1 |
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| 46. |
(A) There are a number of item in the atomic energy programme which are being made indigenously. (B) Given the overall energy situation in india, the use of nuclear power in some measure in inescapable even while thermal and hydro power continue to be the dominant elements. (C ) However, cmmercial aspects of exploiting nuclear capabilities, especially for power-generation programmes, have been recently given high priority. (D) Atomic energyprogrammes have been subject to servere restrictions for every obvious reason as the Department of Atomic energy is becoming self-reliant in areas in which only a few countrices have such capability. (E) Even to meet these nuclear power requirements, India critically requires a commercia level power-generation capability, with its commensurate safety and nuclear waste management arrangements. (F) Thus, in Indian context energy security is also crucial, perhaps much more than it is for the U.S.A. because Indiaimports a good part of its crude oil requirements, paying for it with precious foreign exchange. Which of the following will be the FIRST sentence after rearrangement? |
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Answer» A |
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| 47. |
(A) There are a number of item in the atomic energy programme which are being made indigenously. (B) Given the overall energy situation in india, the use of nuclear power in some measure in inescapable even while thermal and hydro power continue to be the dominant elements. (C ) However, cmmercial aspects of exploiting nuclear capabilities, especially for power-generation programmes, have been recently given high priority. (D) Atomic energyprogrammes have been subject to servere restrictions for every obvious reason as the Department of Atomic energy is becoming self-reliant in areas in which only a few countrices have such capability. (E) Even to meet these nuclear power requirements, India critically requires a commercia level power-generation capability, with its commensurate safety and nuclear waste management arrangements. (F) Thus, in Indian context energy security is also crucial, perhaps much more than it is for the U.S.A. because Indiaimports a good part of its crude oil requirements, paying for it with precious foreign exchange. Which of the following will be the FOURTH sentence after rearrangement? |
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Answer» A |
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| 48. |
(A) There are a number of item in the atomic energy programme which are being made indigenously. (B) Given the overall energy situation in India, the use of nuclear power in some measure is inescapable even while thermal and hydro power continue to be the dominant element.. (C ) However, commercial aspects of exploiting nuclear capabilities, especially for power-generation programmes, have been recently given high priority. (D) Atomic energy programmes have been subject to severe restrictions for very obvious reasons as the Department of Atomic Energy is becoming self-reliant in areas in which only a few countries have such capability. (E) Even to meet these nuclear power requirements, India critically requires a commercial-level power-generation capability, with its commensurate safety and nuclear waste management arrangements. (F) Thus, in Indian context energy security is also crucial, perhaps much more than it is for the U.S.A. because Indiaimports a good part of its crude oil requirements, paying for it with precious foreign exchange. Which of the following will be the FIFTH sentence after rearrangement? |
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Answer» A |
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| 49. |
(A) There are a number of item in the atomic energy programme which are being made indigenously. (B) Given the overall energy situation in india, the use of nuclear power in some measure in inescapable even while thermal and hydro power continue to be the dominant elements. (C ) However, cmmercial aspects of exploiting nuclear capabilities, especially for power-generation programmes, have been recently given high priority. (D) Atomic energyprogrammes have been subject to servere restrictions for every obvious reason as the Department of Atomic energy is becoming self-reliant in areas in which only a few countrices have such capability. (E) Even to meet these nuclear power requirements, India critically requires a commercia level power-generation capability, with its commensurate safety and nuclear waste management arrangements. (F) Thus, in Indian context energy security is also crucial, perhaps much more than it is for the U.S.A. because Indiaimports a good part of its crude oil requirements, paying for it with precious foreign exchange. Which of the following will be the THIRD sentence after rearrangement? |
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Answer» A |
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| 50. |
(A) There are a number of item in the atomic energy programme which are being made indigenously. (B) Given the overall energy situation in india, the use of nuclear power in some measure in inescapable even while thermal and hydro power continue to be the dominant elements. (C ) However, cmmercial aspects of exploiting nuclear capabilities, especially for power-generation programmes, have been recently given high priority. (D) Atomic energyprogrammes have been subject to servere restrictions for every obvious reason as the Department of Atomic energy is becoming self-reliant in areas in which only a few countrices have such capability. (E) Even to meet these nuclear power requirements, India critically requires a commercia level power-generation capability, with its commensurate safety and nuclear waste management arrangements. (F) Thus, in Indian context energy security is also crucial, perhaps much more than it is for the U.S.A. because Indiaimports a good part of its crude oil requirements, paying for it with precious foreign exchange. Which of the following will be the SECOND sentence after rearrangement? |
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Answer» A |
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