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All questions of Evaluating Conference for UPSC CSE Exam

Directions: The passage is given below, followed by several possible inferences which can be drawn from the facts stated in the passage. You have to examine each inference separately in the context of the passage and decide upon its degree of truth or falsity.
Passage
Efficiency of capital has long been an area of neglect and remains so. This aspect is underscored in the eleventh plan draft, ironically in its demand for the rate of investment being raised to 35.1% of GDP from 29.1% in 2004-05.
The irony lies in the fact that the planning commission has consistently relied on the Incremental Capital Output Ratio (ICOR) as tools of expediency rather than one designed to promote efficiency. Yet, the ratio conceptually seeks to get the most out of the capital stock that is existing and is being added. The ratio now is 3.7, i.e., the capital needed for an output of 1 is 3.7 times. If the effective ratio is brought down during 2007-2012, then it would be possible to achieve a GDP growth value of 8.9% over the period with a lesser level of investment than 35.1%.
Nobody doubts that capital formation is critical to a higher rate of growth in GDP but efficiency lies not so much on the capital stock as its utilisation.
Q. When the rate of investment increases the capital output ratio also increases.
  • a)
    if the inference is ‘definitely true’ i.e. it properly follows from the statement of facts given
  • b)
    if the inference is ‘probably true’ though not definitely true in the light of the facts given
  • c)
    if the ‘data are inadequate’, i.e. from the facts given you cannot say whether the inference is likely to be true or false
  • d)
    if inference is ‘probably/definitely false’
Correct answer is option 'C'. Can you explain this answer?

Anita Desai answered
No such correlation can be established. Given data are inadequate.

Directions: The passage is given below, followed by several possible inferences which can be drawn from the facts stated in the passage. You have to examine each inference separately in the context of the passage and decide upon its degree of truth or falsity.
Passage
Efficiency of capital has long been an area of neglect and remains so. This aspect is underscored in the eleventh plan draft, ironically in its demand for the rate of investment being raised to 35.1% of GDP from 29.1% in 2004-05.
The irony lies in the fact that the planning commission has consistently relied on the Incremental Capital Output Ratio (ICOR) as tools of expediency rather than one designed to promote efficiency. Yet, the ratio conceptually seeks to get the most out of the capital stock that is existing and is being added. The ratio now is 3.7, i.e., the capital needed for an output of 1 is 3.7 times. If the effective ratio is brought down during 2007-2012, then it would be possible to achieve a GDP growth value of 8.9% over the period with a lesser level of investment than 35.1%.
Nobody doubts that capital formation is critical to a higher rate of growth in GDP but efficiency lies not so much on the capital stock as its utilisation.
Q. Higher the capital output ratio, higher is the growth of GDP.
  • a)
    if the inference is ‘definitely true’ i.e. it properly follows from the statement of facts given
  • b)
    if the inference is ‘probably true’ though not definitely true in the light of the facts given
  • c)
    if the ‘data are inadequate’, i.e. from the facts given you cannot say whether the inference is likely to be true or false
  • d)
    if inference is ‘probably/definitely false’
Correct answer is option 'D'. Can you explain this answer?

Deepak Kapoor answered
It is clear from the passage that lower the capital output ratio, higher is the growth of GDP.

Directions: The passage is given below, followed by several possible inferences which can be drawn from the facts stated in the passage. You have to examine each inference separately in the context of the passage and decide upon its degree of truth or falsity.
Passage
Efficiency of capital has long been an area of neglect and remains so. This aspect is underscored in the eleventh plan draft, ironically in its demand for the rate of investment being raised to 35.1% of GDP from 29.1% in 2004-05.
The irony lies in the fact that the planning commission has consistently relied on the Incremental Capital Output Ratio (ICOR) as tools of expediency rather than one designed to promote efficiency. Yet, the ratio conceptually seeks to get the most out of the capital stock that is existing and is being added. The ratio now is 3.7, i.e., the capital needed for an output of 1 is 3.7 times. If the effective ratio is brought down during 2007-2012, then it would be possible to achieve a GDP growth value of 8.9% over the period with a lesser level of investment than 35.1%.
Nobody doubts that capital formation is critical to a higher rate of growth in GDP but efficiency lies not so much on the capital stock as its utilisation.
Q. The present rate of investment is around 30% of GDP.
  • a)
    if the inference is ‘definitely true’ i.e. it properly follows from the statement of facts given
  • b)
    if the inference is ‘probably true’ though not definitely true in the light of the facts given
  • c)
    if the ‘data are inadequate’, i.e. from the facts given you cannot say whether the inference is likely to be true or false
  • d)
    if inference is ‘probably/definitely false’
Correct answer is option 'B'. Can you explain this answer?

Deepak Kapoor answered
According to the passage, the rate of investment during 2004-05 was 29.1% of GDP and the target has been set at 35.1% by 2011-12. Therefore, around 30% seems safe enough.

Directions: The passage is given below, followed by several possible inferences which can be drawn from the facts stated in the passage. You have to examine each inference separately in the context of the passage and decide upon its degree of truth or falsity.
Passage
Efficiency of capital has long been an area of neglect and remains so. This aspect is underscored in the eleventh plan draft, ironically in its demand for the rate of investment being raised to 35.1% of GDP from 29.1% in 2004-05.
The irony lies in the fact that the planning commission has consistently relied on the Incremental Capital Output Ratio (ICOR) as tools of expediency rather than one designed to promote efficiency. Yet, the ratio conceptually seeks to get the most out of the capital stock that is existing and is being added. The ratio now is 3.7, i.e., the capital needed for an output of 1 is 3.7 times. If the effective ratio is brought down during 2007-2012, then it would be possible to achieve a GDP growth value of 8.9% over the period with a lesser level of investment than 35.1%.
Nobody doubts that capital formation is critical to a higher rate of growth in GDP but efficiency lies not so much on the capital stock as its utilisation.
Q. Efficiency of capital largely depends upon the capital stock.
  • a)
    if the inference is ‘definitely true’ i.e. it properly follows from the statement of facts given
  • b)
    if the inference is ‘probably true’ though not definitely true in the light of the facts given
  • c)
    if the ‘data are inadequate’, i.e. from the facts given you cannot say whether the inference is likely to be true or false
  • d)
    if inference is ‘probably/definitely false’
Correct answer is option 'D'. Can you explain this answer?

It is clear from the last part of the passage that efficiency of the capital largely depends upon the utilisation of the capital.

Directions: The passage is given below, followed by several possible inferences which can be drawn from the facts stated in the passage. You have to examine each inference separately in the context of the passage and decide upon its degree of truth or falsity.
Passage
In the absence of an integrated sugar field to sale policy, the Indian sugar industry has become a victim of surplus production and price mismatch of sugarcane and finished sugar. Despite a lower estimated sugar production at around 12.8 million tonne for 2009-10 against 16.7 million tonne in the previous year, the total availability is put to 20.8 million tonne including a carry over stock of 8 million tonne from the previous year. The domestic consumption may not exceed 13.5 million tonne.
Though the industry could export 10.5 million tonne to different countries during 2008-09, this year’s export policy, existing norms and international market conditions may bring down the export quantity to half a million tonne.
Q. India’s export policy has made the sugar price non-competitive in the International market.
  • a)
    if the inference is ‘definitely true’ i.e. it properly follows from the statement of facts given
  • b)
    if the inference is ‘probably true’ though not definitely true in the light of the facts given
  • c)
    if the ‘data are inadequate’, i.e. from the facts given you cannot say whether the inference is likely to be true or false
  • d)
    if inference is ‘probably/definitely false’
Correct answer is option 'C'. Can you explain this answer?

Deepak Kapoor answered
From the facts given, we cannot say whether the inference is likely to be true or false.

Directions: The passage is given below, followed by several possible inferences which can be drawn from the facts stated in the passage. You have to examine each inference separately in the context of the passage and decide upon its degree of truth or falsity.
Passage
In the absence of an integrated sugar field to sale policy, the Indian sugar industry has become a victim of surplus production and price mismatch of sugarcane and finished sugar. Despite a lower estimated sugar production at around 12.8 million tonne for 2009-10 against 16.7 million tonne in the previous year, the total availability is put to 20.8 million tonne including a carry over stock of 8 million tonne from the previous year. The domestic consumption may not exceed 13.5 million tonne.
Though the industry could export 10.5 million tonne to different countries during 2008-09, this year’s export policy, existing norms and international market conditions may bring down the export quantity to half a million tonne.
Q. India’s sugar export was the highest in recent times during 2008-09.
  • a)
    if the inference is ‘definitely true’ i.e. it properly follows from the statement of facts given
  • b)
    if the inference is ‘probably true’ though not definitely true in the light of the facts given
  • c)
    if the ‘data are inadequate’, i.e. from the facts given you cannot say whether the inference is likely to be true or false
  • d)
    if inference is ‘probably/definitely false’
Correct answer is option 'C'. Can you explain this answer?

Kavita Shah answered
No data is given regarding the comparative sugar exports during 2008-09.

Directions: The passage is given below, followed by several possible inferences which can be drawn from the facts stated in the passage. You have to examine each inference separately in the context of the passage and decide upon its degree of truth or falsity.
Passage
In the absence of an integrated sugar field to sale policy, the Indian sugar industry has become a victim of surplus production and price mismatch of sugarcane and finished sugar. Despite a lower estimated sugar production at around 12.8 million tonne for 2009-10 against 16.7 million tonne in the previous year, the total availability is put to 20.8 million tonne including a carry over stock of 8 million tonne from the previous year. The domestic consumption may not exceed 13.5 million tonne.
Though the industry could export 10.5 million tonne to different countries during 2008-09, this year’s export policy, existing norms and international market conditions may bring down the export quantity to half a million tonne.
Q. India need not to import sugar during the next few years.
  • a)
    if the inference is ‘definitely true’ i.e. it properly follows from the statement of facts given
  • b)
    if the inference is ‘probably true’ though not definitely true in the light of the facts given
  • c)
    if the ‘data are inadequate’, i.e. from the facts given you cannot say whether the inference is likely to be true or false
  • d)
    if inference is ‘probably/definitely false’
Correct answer is option 'B'. Can you explain this answer?

Kavita Shah answered
It is clear from the passage that there has been surplus production of sugar. Therefore, it is likely that India will not require to import sugar during next few years.

Directions: In these type of questions, a passage is given followed by four statements, you have to decide which is the best possible conclusion drawn from the information given in passage.
According to the National Agricultural Aviation Society (NAAS) without the use of crop protection products to control insects, weeds and diseases, crop yields per acre will drop by more than 50%. The first aerial application of insecticide occured in 1921 and it was a huge success. By contrast in today’s economy all aircraft that are classified as aerial applications do more than just apply insecticide, today they also spread and apply fertilizers.
Q. From the information given above it cannot be validly concluded that,
  • a)
    According to the NAAS, if crop yields per acre never drop by more than 50%, then crop protection products have been used to control insects, weeds and diseases
  • b)
    In today’s economy any aircraft that cannot be used to apply fertilizers cannot be classified as an aerial application
  • c)
    In today’s economy, if an aerial application is used, then it will be able to spread seed and to apply fertilizers
  • d)
    According to NAAS, if crop yields per acre drop by more than 50%, then crop protection products have not been used to control insects, weeds and diseases
Correct answer is option 'D'. Can you explain this answer?

From the passage, it can be concluded that if crops yields per acre drops by more than 50%, then crop protection products have not been used to control insects weeds and diseases.

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