Srishti Nair

EduRev UPSC

Srishti Nair
EduRev UPSC
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Discussed Questions
Mira Chopra upvoted   •  3 days ago

The following table represents the type(s) of vehicle(s) owned by people of 5 cities.
So, in Hyderabad, there are a total of 897 people, some of whom might not own any type of vehicle. 61 people own a private jet, 131 people own a 4-wheeler, 707 people own a bike and x people own a scooter. Similarly, the other cities follow. Also, no person owns more than one vehicle of a particular type.
Based on the information given above, answer the questions that follow.
If the total number of bikes in all 5 cities combined is 2816, what is the maximum possible number of people in Chennai who own at least 3 vehicles? It is known that all people in Chennai own at least one vehicle.
Correct answer is '388'. Can you explain this answer?

EduRev CAT answered
Bike owners in Chennai = 2816 – 707 – 971 – 432 – 342 = 364.
To own at least 3 vehicles, one can own either 3 or 4 vehicles.
I + II + III + IV = 1034
I + 2 II + 3 III + 4 IV = 1987
The difference has to be adjusted among people owning 2, 3 and 4 vehicles. To maximise the sum of people owning 3 and 4 vehicles, we will try to allocate the maximum possible to 3 and the remaining to 4.
1987 – 1034 = 953
2III + 3IV = 953.
III = 475
IV = 1
But, if we observe the values for Chennai, the number of people having a bike is 364 and the number of people having a private jet is 24. Hence, even if we consider that people who own a bike also own a 4-wheeler and a scooter(but not a private jet) and people who own a private jet also own a 4-wheeler and a scooter(but not a bike), we won’t be able to reach the above numbers. We would be able to achieve a maximum value of 24 + 364 = 388.
Let us verify if we can represent the above condition in a 4-set Venn Diagram.
Now, we need to arrange the remaining people who own a 4-wheeler and those who own a scooter.
I + II + III + IV = 1034
IV = 0, because we have already assigned all people who own a Private jet and a bike into III.
III = 388.
I + II = 1034 – 388 = 646
I + 2II + 3III + 4IV = 1987
I + 2II + 3 X 388 = 1987
I + 2II = 823
II = 823 – 646 = 177
I = 469
Hence, we get the following Venn Diagram:

Hence, maximum people who own 3 vehicles = 388.

Mira Chopra upvoted   •  Oct 23, 2024

DIRECTIONS for questions: Answer these questions on the basis of the information given below.
Three persons - A, B and C - play a series of games with coins. In each game, they place some coins on a table and pick thecoins in turns, starting with A, then B, then C and then A and so on. Each person, in his turn, has to pick either one or two coins. In any game, the number of coins with which the game starts is termed as the primary count of that game. In each game, they get points according to the following conditions:
i. The person who picks the last coin is the winner of that game and hence gets two points.
ii. The person whose turn is next to the winner of that game gets one point.
iii. The person whose turn is before the winner of that game gets no points. Also, each person plays intelligently and tries to get the maximum possible points.
B and C are friends and hence they want one of them to be the winner (without considering their individual points).
B and C are friends and hence they want one of them to be the winner (without considering their individual points).
Q. If they play three games withprimary counts as 4, 5 and 6, what is the number of points scored by A by the end of these three games?
... more

Krishna Iyer answered
Each person wants to win, and if it is not possible, he wants the person next to him to lose i.e., the person before him should win.
If there are 3 coins at the beginning, even if A picks one or two coins, B will definitely win.
If there are 4 coins, A picks only one coin such that B does not win. And hence A gets one point and C gets two points.
If there are 5 coins, A picks one coin and hence B picks one coin such that he gets one point as in previous case (where A gets one point). Now A gets two points.
If there are 6 coins, A picks two coins and wins as in the previous case. If there are 7 coins, even if A picks one or two coins, B will definitely win.
If there are 8 coins, A picks up one coin so that B cannot win and C wins. Hence A gets one point. If there are 9 coins, A picks up one coin and B also picks up one coin (for C must not be the winner). So, C is left with 7 coins in which case A wins.
If these are 10 coins, A picks up two coins and hence he wins (as in the previous case). We can generalize this as follows (for n = 1,2, - - -)
As A cannot win, he has to make sure that C wins and thereby he gets a point. C can win all the three games and hence A can get 3 points.

Mira Chopra upvoted   •  Oct 06, 2024

Read the passage carefully and answer the following questions:
When investigating witchcraft, one needs to differentiate between real and imaginary magic in the early modern period. If we want to understand the connection between the imaginary magic of the witches and economic behaviour, we need to deal with the connection between the economy and the real magic practised by ‘common’ people. In pre-industrial Europe, magic was a part of everyday life, very much like religion. People didn’t just believe in the efficacy of magic, they actively tried to use magic themselves. Simple forms of divination and healing magic were common, as was magic related to agriculture. The peasant household used divination to find out if the time was right for certain agricultural activities. Charms were supposed to keep the livestock in good health. Urban artisans and merchants also used economic magic to increase their wealth.
Of all the forms of magic, magical treasure-hunting had the greatest economic significance. Treasure hunters drew on a vast magical arsenal. They had spell books of any description, divining rods available in any kind of wood, amulets to protect them against evil spirits, and lead tablets etched with magical signs.  To the utter horror of the ecclesiastical authorities, they invoked angels and saints. Treasure hunters talked to ghosts. Some of them even tried to conjure up demons. However,  common people simply didn’t see treasure magic as witchcraft, and most of the judges agreed. 
Separate from these real forms of magic, there was the imaginary magic of the witches. Nobody was ever (or could ever be) guilty of witchcraft in the full sense of the word, which was defined by the late Middle Ages as a crime that consisted of five elements: a pact with the devil; sexual intercourse with demons; the magical flight (on a broomstick or a similar device); the witches’ dance (often referred to by the antisemitic term ‘witches’ sabbath’); and malevolent magic. Early modern Europe and Britain treated witchcraft as a capital crime.
At first glance, the relation between the economy and the imaginary magic of the witches seems to be entirely negative. Witches were often accused of attacking livestock. They magically made frost, storm and hail, and thereby caused crop failure. Indeed, their weather magic was said to endanger the economy of entire regions. Still, at least in the majority of the witch trials on the European continent, the witches didn’t profit from their magic. Weather magic especially looked like a strange form of auto-aggression because the hailstorms the witches supposedly conjured up damaged their own fields as well. As a rule, the pact with the devil as it appears in trial records was not a contract like that of Goethe’s Faust, which was mostly about the wishes of the magician. Rather, it stated simply that the witch submitted to the will of the demon. She did what a demon told her and became the instrument of the demon’s abyssal hatred of all creation. Witchcraft was mostly about destruction for destruction’s sake, not about the personal interests and wishes of the witches, let alone their economic advantage.
Q. Which of the following could be the reason why the author uses the 'Goethe's Faust' example in the last paragraph?
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Lavanya Menon answered
The author uses the example to bring out the contrasting nature of the pact with the devil, as defined by trial records, compared to the contract made in Goethe's Faust. While the magician's wishes held sway in the contract made in Goethe's Faust, the pact with the devil is mostly about the devil's demands, i.e., it's unilateral. So, comparing the options, option D is the correct answer.
Options A and C can be easily eliminated as they don't allude to the definition given by trial records, which is important. The passage does not mention who the magician made the pact with, in Goethe's Faust. Hence, option B can be eliminated.

Mira Chopra asked   •  Mar 24, 2024

Which of the following attitudes is not generally associated with successful entrepreneurship:
  • a)
    Competition and co-operation
  • b)
    Desire to influence others
  • c)
    Innovation and product improvement
  • d)
    Status quo in business
Correct answer is option 'D'. Can you explain this answer?

Maintaining the status quo in business is not typically associated with successful entrepreneurship. Successful entrepreneurs often challenge existing norms and seek to innovate, improve products, and influence their industry or market. They are characterized by a willingness to take risks and a desire to change or disrupt the status quo. An interesting additional fact is that many successful entr... more

Raising which of the following types of capital is the most challenging for Innovative entrepreneurs?
  • a)
    Human capital
  • b)
    Structured capital
  • c)
    Development capital
  • d)
    Seed capital
Correct answer is option 'D'. Can you explain this answer?

Mira Chopra answered  •  Mar 22, 2024

Seed Capital

Seed capital is the initial funding required by entrepreneurs to start a business or project. This type of capital is the most challenging for innovative entrepreneurs for the following reasons:

Lack of Track Record
Innovative entrepreneurs often lack a track record or proven success, making it difficult to convince investors to provide s
... more

Timely and adequate assistance and rehabilitation efforts to MSEs should begin on a proactive basis when early signs of sickness are detected. This stage is termed as:
  • a)
    Supporting stage
  • b)
    Handholding stage
  • c)
    Sustaining stage
  • d)
    Recovery stage
Correct answer is option 'B'. Can you explain this answer?

Mira Chopra answered  •  Mar 22, 2024

Handholding stage:

This stage refers to the period when timely and adequate assistance and rehabilitation efforts should begin for micro and small enterprises (MSEs) as soon as early signs of sickness are detected. It is a crucial phase in helping these enterprises recover and thrive. Here's a breakdown of the key points of this stage:

Proactive Assistance:... more

The relationship between subsidy and incentive can appropriately be brought out by which one of the following propositions?
  • a)
    Incentives are concessions, bounties offered to borrow money to set up a production activity, while subsidy is a non-cash concession given to translate idea into productive action
  • b)
    Incentives and subsidies are cash disbursement only to the intrapreneur
  • c)
    Incentives and subsidies are non-cash motivating factors to promote a new enterprise.
  • d)
    Incentives are financial as well as non-financial stimuli encouraging to undertake productive activities, while subsidy pertains to a single lump sum payment given by the government to an entrepreneur for compensating him for the excess cost over administered price of a product or service.
Correct answer is option 'D'. Can you explain this answer?

Mira Chopra answered  •  Mar 22, 2024

Explanation:

Differentiation between Incentives and Subsidies:

- Incentives: Incentives are stimuli that encourage individuals or entities to undertake productive activities. These incentives can be both financial and non-financial in nature. They are provided to motivate and reward specific actions that contribute to economic growth and development
... more

Directions: Read the following information carefully and answer the given question.
It may come as a surprise that some online restaurants do not have a traditional physical space where one can dine in. These restaurants, known as cloud kitchens or ghost kitchens, are merely commercial cooking spaces without a dine-in option. These are usually catering hubs for online pick-ups. Cloud kitchens were pegged to be one of the most lucrative business segments in the food-tech industry, as they received more funding than food delivery businesses in 2019. But the COVID pandemic upended several priors. The faith in the cloud kitchen has taken a hit. This begs the question: Do cloud kitchens still have the potential to disrupt the food-tech ecosystem?
There are two cloud kitchen models. One, a food-tech partner offers retail kitchen space to chefs and restaurants. The kitchen space is to be shared by six to eight restaurants. The chefs are charged a membership fee covering rent, infrastructure, commercial equipment, and for added services like dishwashing and storing. Each restaurant/chef is responsible for handling their business. The food aggregator partners, in turn, prioritise these brands in their search metrics. This system allows food aggregators to control the supply of food and reduce their dependence on third-party restaurants.
The second model is where one restaurant operator sets up a shared kitchen space where multiple cuisines under different brand names are prepared. This restaurant operator takes care of all the operational and promotional aspects of the business. Dubbed as the future of the eating-out industry, cloud kitchens have been sprouting across India. Located in low-rent areas, they maximise a restaurant's ability to service online orders while not causing inconvenience to diners in traditional sit-down restaurants. Typically, the initial investment for a cloud kitchen is around Rs. 10 lakh and could vary depending on the sophistication and area required. With an average order value of Rs. 300 and 750-800 orders/day, a cloud kitchen could break even in the first year.
Though the cloud kitchen model looks lucrative on paper, it comes with its problems. While they have lower setup costs, their revenues are lower as well. Customers expect lower prices since there is no ambience to pay for, making it difficult for cloud kitchens to raise their prices easily. Because of the COVID pandemic, many consumers preferred to order online rather than visit a restaurant. Consumers prioritising health and hygiene prefer to order from a restaurant with a well-known brand name, good ratings, and reviews, even if it is slightly more expensive. It appears that physical visibility helps in building trust in the consumers' minds.
Based on our conversation with food-tech investment professionals from venture capital firms, we find that they are no longer focused on cloud kitchens. As per the investors, cloud kitchens are challenging to build and scale. Building infrastructure/kitchen relies on capital arbitrage. Moreover, physical capital is not easy to scale. Next, finding the right quality workforce to deliver quality food consistently is not an easy task. Anyone can start a restaurant — that was the promise of a cloud kitchen. The novelty is gone since most restaurants are cloud kitchens today, as people are reluctant to eat out. Experts say that COVID-19 has been a blessing in disguise for the food-tech industry. The cloud kitchen, overall, has not proven to be profitable or easy to scale.
Q. Which of the following is NOT an accurate example of a cloud kitchen?
... more

Mira Chopra answered  •  Mar 22, 2024

Not an accurate example of a cloud kitchen:

Cloud kitchens are commercial cooking spaces without a dine-in option, primarily catering to online pick-up orders. While the concept allows for innovative ways to deliver food to customers, not all examples fit the criteria of a cloud kitchen.

Explanation:

- Rooftop restaurant offering live Japanes
... more This is not an accurate example of a cloud kitchen. A rooftop restaurant with live Japanese food does not fall under the cloud kitchen model, as it involves a physical dine-in space for customers. Cloud kitchens operate without a dine-in option and focus on preparing food for online orders only.

- 5-star restaurant offering different cuisines under different names: This example aligns with the cloud kitchen model. In this scenario, a restaurant operator sets up a shared kitchen space where multiple cuisines under different brand names are prepared. The operator handles all operational and promotional aspects of the business, making it a cloud kitchen setup.

- Start-up offering a kitchen to street vendors: This scenario is not a typical cloud kitchen setup. Cloud kitchens usually involve chefs or restaurants using shared kitchen spaces to prepare food for delivery. A start-up providing kitchen space to street vendors and delivering the food itself falls more under a food delivery service model rather than a cloud kitchen model.

- Food delivery service establishing a kitchen for multiple chefs: This example accurately represents a cloud kitchen. A food delivery service setting up a kitchen for multiple chefs to supply food for delivery fits the cloud kitchen model, where different brands operate under one shared space to fulfill online orders.

Who among the following is not the first generation entrepreneur?
  • a)
    Dhirubhai Ambani
  • b)
    Shiv Nadar
  • c)
    K. Anji Reddy
  • d)
    G. D. Birla
Correct answer is option 'D'. Can you explain this answer?

Mira Chopra answered  •  Mar 22, 2024

Explanation:

D. G. Birla
D. G. Birla is not a first-generation entrepreneur. He was a prominent figure in the Indian industrial sector and was the founder of the Birla Group. He inherited his family's business and expanded it significantly during his lifetime. Birla was known for his contributions to various industries such as textiles, cement, and chemicals.... more

People who take the risks necessary to organise, manage and receive the financial profits and non-monetary rewards are called
  • a)
    suppliers
  • b)
    employees
  • c)
    competitors
  • d)
    entrepreneurs
Correct answer is option 'D'. Can you explain this answer?

Mira Chopra answered  •  Mar 22, 2024


Entrepreneurs

Entrepreneurs are individuals who take the initiative to start a business venture, assuming the risks and rewards involved. They are the driving force behind the creation, organization, and management of a business.

Risk-taking

Entrepreneurs are known for their willingness to take risks. They invest their time, money, and eff
... more

At which level in the company should market-oriented strategic planning begin?
  • a)
    Corporate level
  • b)
    SBU level
  • c)
    Marketing department level
  • d)
    Brand manager level
Correct answer is option 'B'. Can you explain this answer?

Mira Chopra answered  •  Mar 22, 2024


Understanding Market-Oriented Strategic Planning

Market-oriented strategic planning involves aligning an organization's goals and objectives with the needs and preferences of its target market. It is essential for ensuring that a company remains competitive and relevant in the rapidly changing business environment.

Starting at the SBU Level

... more

The Central Government in February 2022 decided to continue the RYSK Scheme for another five years. The scheme beneficiaries are the youth in the age group of
  • a)
    10 to 15 years
  • b)
    15 to 29 years
  • c)
    18 to 21 years
  • d)
    12 to 19 years
Correct answer is option 'B'. Can you explain this answer?

Mira Chopra answered  •  Mar 22, 2024


Explanation:

RYSK Scheme Details:
- The RYSK Scheme targets youth in the age group of 15 to 29 years.
- It aims to provide skill training and employment opportunities to empower the youth.

Reasons for Extension:
- The Central Government decided to continue the scheme for another five years to further support the skill developmen
... more

Asha, Bipasha and Cheshta initiated a garment business with their initial capitals in the ratio of 4 : 5 : 6. At the end of 8 months, Asha invested an amount such that her total capital became half of Cheshta's initial capital investment. If the annual profit of Bipasha is Rs. 6,75,000, then what is the total profit?
  • a)
    Rs. 12,75,000
  • b)
    Rs. 16,50,000
  • c)
    Rs. 19,80,000
  • d)
    Rs. 27,00,000
Correct answer is option 'C'. Can you explain this answer?

Mira Chopra answered  •  Mar 22, 2024

Initial Capital Ratio:
- Asha : Bipasha : Cheshta = 4 : 5 : 6

Change in Asha's Capital:
- After 8 months, Asha invested an amount such that her total capital became half of Cheshta's initial capital investment
- Let Asha's initial capital be 4x, Bipasha's initial capital be 5x, and Cheshta's initial capital be 6x
- Asha's new capital = 4x + (8/12)
... more

The length of a room exceeds its breadth by 2 metres. If the length is increased by 4 metres and the breadth is decreased by 2 metres, the area remains the same. Find the surface area of its walls if the height is 3 metres.
  • a)
    248 m2
  • b)
    424 m2
  • c)
    112 m2
  • d)
    84 m2
Correct answer is option 'D'. Can you explain this answer?

Mira Chopra answered  •  Mar 22, 2024
The first step to solving this problem is to set up the equations based on the information given:

Let the length of the room be L metres and the breadth be B metres.

Given that the length exceeds the breadth by 2 metres, we have:
L = B + 2

When the length is increased by 4 metres and the breadth is decreased by 2 metres, the area remains the same:
(L + 4)
... more
Mira Chopra asked   •  Nov 23, 2023

Directions: Answer the given question based on the following passage.
For all the hype and the management charts and the impenetrable language, ultimately what the product consultancies sell is brains. Not the sort that have been schooled in a particular discipline, such as law or accountancy. But the kind that they hope could be set to resolving almost any business problem under the sun. No wonder, then that brains are at a premium; and no wonder that consultants are excited by what they call ''thought leadership''.
Ideas, they are convinced, are a source of competitive advantage. They help to attract customers. According to Richard Foster at McKinsey, consultancies now need to offer not just independent advice, but alternative ways of seeing the world. Bosses are endlessly curious about management theory, partly because they are always looking for ways of beating the competition, partly because more and more of them have studied management at business school.
Ideas are useful for attracting and keeping clever recruits. Many MBA students go into consultancy because they think it will be more intellectually demanding and varied than mainstream management. Mr Gupta recalls that he joined McKinsey after Harvard because it seemed to be a sort of ''super business school''. And many stay because they hope to produce a book or article that will turn them into gurus. Ideas are essential to corporate regeneration. Consultancies that merely apply people's ideas rapidly go downhill.
When it comes to producing those ground-breaking ideas, consultancies rely on a variety of techniques. First, they encourage their own people to be creative, using sabbaticals, promotions, prizes and pay rises as incentives. Gemini has established a ''thinking room'' in its Morristown headquarters where consultants can sit in isolation: booths, put on goggles and think deep thoughts. McKinsey is spending more money on intellectual capital, and is trying some structure on its traditionally laissez-faire approach to generating ideas. It is establishing research programmes on subjects such as growth, globalisation and the future shape of companies, and has set up a sort of internal mental Olympics in which 150 teams of junior McKinseyites compete to impress their seniors with their management thinking.
The consultancies' second line of approach is to form alliance with business schools and business thinkers. A.T. Kearney is sponsoring research on the future shape of companies at the Massachusetts Institute of Technology; Booz-Allen on the changing social contract at the London Business School; and Anderson Consulting on learning at Northwestern University, to name but three of hundreds of projects. CSC Index puts on seminars at which outside gurus ponder issues such as creativity or the changing role of chief executives.
Yet the path to thought leadership is strewn with pitfalls. It is all very well to develop an eye-catching product such as re-engineering or Economic Value Added, and throw the weight of the organisation behind marketing it; but other companies, many of them with more resources, may pinch the lead and improve on it, and eventually the market for the product will cool, leaving its inventor desperate for something else to sell.
Establishing and retaining intellectual leadership clearly takes strong management skills. Curiously enough in the management consultancy business these appear to be in short supply.
Q. According to the author, the threat to the concept of "thought leadership" is that
... more

A.Incorrect. Though it is mentioned that thought leadership is strewn with pitfalls, it does not mean that this concept is transient in nature.
B. Incorrect. Though it is mentioned that thought leadership is strewn with pitfalls, it does not mean that this requires continuous changes in the market.
C. Incorrect. There is no mention of patronisation or market cap.
D. Correct. The passage specifically mentions that resources are required to nurture the concept of thought leadership without which it may fall behind: 'but other companies, many of them with more resources, may pinch the lead and improve on it'. So, (4) is the answer.

Mira Chopra asked a question

Directions: Read the following information carefully and answer the question given below.
A person has kept some sweets in 10 lockers for his 10 students, so that each of them chooses one. In each locker, there are some chocolates and some lollipops, where each lollipop costs Rs. 15 and each chocolate costs Rs. 25. Each locker is differently coloured i.e. yellow, blue, white, red, green, brown, pink, grey, orange and purple. Lockers are in two rows, one above another. The bottom row has lockers marked with numbers 1 to 5 (left to right) and the top row has lockers marked with numbers 6 to 10 (left to right). Locker number 1 is just below locker number 6 and in the same way, locker number 2 is just below locker number 7 and so on. Locker numbers 1 to 5 contain sweets worth Rs. 485 and locker numbers 6 to 10 contain sweets worth Rs. 570. There are neither less than 3 sweets nor more than 8 sweets in any locker. Locker number 9 is brown in colour. Locker number 5 has 4 lollipops and 4 chocolates. Locker of red colour is numbered 3 more than the locker of green colour and both are in the same row. Locker number 1 contains sweets worth Rs. 125. The red coloured locker has sweets worth Rs. 45 more than the green coloured locker. Only the purple coloured locker contains the maximum number of sweets. The pink coloured locker is just above the yellow coloured locker. Grey colour locker is numbered 3 more than the locker which is yellow in colour and both are in the same row. The locker number which is numbered 1 less than the orange coloured locker contains sweets worth Rs. 95. The blue coloured locker contains 2 lollipops. The white coloured locker contains 3 sweets. Sweets in the orange coloured locker are worth Rs. 5 less than the sweets in the pink coloured locker. The red and white coloured lockers contain the same number of lollipops. Sweets in the grey coloured locker are worth Rs. 10 less than the white coloured locker. Sweets in the pink and blue coloured lockers cost Rs. 190 altogether. The orange and brown coloured lockers contain equal number of chocolates. Locker number 2 has sweets worth Rs. 80.
Q. How many sweets are there in locker number 7?
... more

Mira Chopra asked   •  Feb 04, 2023

Who can remove the Election Commissioner from his office?
  • a)
    Chief Election Commissioner
  • b)
    Prime Minister
  • c)
    Home Minister
  • d)
    President of India
Correct answer is option 'D'. Can you explain this answer?

Ayesha Joshi answered
Chief Election Commissioner of India can be removed from his office by the President of India on the basis of a resolution passed to that effect by both the houses of parliament with a two-thirds majority in both the Lok Sabha and the Rajya Sabha on the grounds of proved misbehavior or incapacity.

Mira Chopra asked   •  Jan 16, 2023

The table shows the production of different types of cars (in thousands).
What is the ratio of the total production of type C and type D cars in 2012 to the total production of type A cars in 2014 and type E cars in 2015?
  • a)
    5 : 6
  • b)
    9 : 11
  • c)
    3 : 4
  • d)
    11 : 12
Correct answer is option 'C'. Can you explain this answer?

Ayesha Joshi answered
Total production of type C and type D cars in 2012 = 43 + 47 = 90 thousand
Total production of type A cars in 2014 = 56 thousand
Total production of type E cars in 2015 = 64 thousand
Total production of type A and type E cars in 2014 and 2015, respectively = 56 + 64 = 120 thousand
Required ratio = 90 thousand : 120 thousand = 3 : 4

Mira Chopra asked   •  Dec 27, 2022

Directions: The question is based on the following passage. Read the passage carefully and answer the question that follows.
Companies across industries are looking to increase the representation of women who work in technical roles—including in engineering, product management, and other fast-growing fields. There has been an increased focus on gender parity in new hires and on greater equality in executive roles. But companies may be missing another critical moment: equitable advancement in early promotion. Across all industries and roles, women are promoted at a slower rate than men. Indeed, only 86 women are promoted to manager for every 100 men at the same level. But the gender gap for women in technical roles is more pronounced, with only 52 women being promoted to manager for every 100 men. Diversity is especially crucial in these roles to help debias the technologies that make up an ever-present and evolving component of modern life. The most gender-diverse companies are 48 percent more likely to outperform the least gender-diverse companies.
What we learned is that some companies are instituting a systematic approach to advancing women in technical roles and reaping the benefits of a more diverse, inclusive, and higher-performing workforce. We describe enablers that have helped companies repair the broken rung on the career ladder for women in technical roles: providing equitable access to skill building, implementing a structured process that seeks to debias promotions, and building a strong culture of support for women via mentors and sponsors. The reason why broken rung matters is because early promotions in a career are most critical to success. By failing to promote and retain women in technical roles who are in the early stages of their careers, companies end up preparing fewer women for senior roles.
Most of the leaders interviewed acknowledged that their companies have uneven early-promotions processes that perpetuate the broken rung on the career ladder for women in technical roles. But few said that their companies had begun to monitor the advancement of women in these roles during the first five years after they are hired. And while many interviewees said that their companies offer mentorship programs, conscious inclusion training, and other diversity and inclusion programs, only a small number could name interventions aimed at achieving gender parity in promotions for early-tenure women. Fixing the broken rung will require concentrated efforts.
For a promotion to be successful, the new role should be a good fit, in both skill level and temperament, for the advancing employee; the person who's moved up should be able to thrive and continue to grow in the new position. For this to happen, groundwork needs to be laid ahead of time via access to timely opportunities that help colleagues demonstrate their growth and maturity and readiness to advance. It's also important for women in technical roles to join high-visibility projects where they can develop their skills on the job. Feeling deprived of these valuable opportunities, women told us they perceived promotions as unattainable, and many chose to leave. To correct this, some companies have created project databases where tech employees can search for opportunities according to the type of skills required. The combination of career-development opportunities, structured promotion processes, and support from senior colleagues has proven effective at advancing and retaining women in technical roles and can, in time, help diversify leadership teams.
Q. What is one of the features, in reference to the passage, of a well-laid promotion policy?
... more

Ishita Reddy answered
'...access to timely opportunities...' in the last paragraph highlights that option 2 only is correct. All other options are neither mentioned nor they can be inferred. Option 3 is incorrect as cross-gender appraisals may lead to bias in appraisals.

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