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Directions: A passage is given below followed by a possible inference, which can be drawn from the facts stated in the passage. You have to examine the inference in the context of the passage and decide upon its degree of truth or falsity.
Mark answer (A) if the inference is "definitely true", i.e. it properly follows from the statement of facts given.
Mark answer (B) if the inference is "probably true" though not "definitely true" in the light of the facts given.
Mark answer (C) if the "data is inadequate", i.e. from the facts given, you cannot say whether the inference is likely to be true or false.
Mark answer (D) if the inference is "probably false" though not "definitely false" in the light of the facts given.
Mark answer (E) if the inference is "definitely false", i.e. it cannot possibly be drawn from the facts given or it contradicts the given facts.
As costs of repayment and interest spike, exchequers can be wiped out. The most important reason why India was relatively insulated from the global meltdown of 2008-09 was because our capital controls restricted the amounts which the government and companies could have borrowed globally; this insulated us from the devastating downgrades and bond market movements that damaged European economies.
In the past, India has borrowed overseas in times of trouble. It floated quasi-sovereign bonds in 1991 during our economic crisis, in 1998 after the Asian crisis and in 2001 when the economy was weak and the rupee headed south.
Each time, the economy sprung back, not because of the loans but because of reforms. The only people, who will laugh their way to the bank, if the government decides to shop for loans, will be investment bankers, not the government or taxpayers. Today, with nearly $300 billion in reserves, and near-5% growth, there is no reason to panic and shop for loans abroad.
It is said that global confidence in India is fickle. Yet, FMCG giant Unilever is bringing in $4.5 billion to buttress its stake in its Indian arm, because it sees growth prospects here as better than elsewhere in the world. It is betting on India's growth prospects with hard cash. The government should reciprocate purposefully: clearing long pending projects, reforming sectors like coal and electricity and rolling out ambitious projects like the Delhi-Mumbai infrastructure corridor.
Global companies are investing in India despite weak investor confidence.
  • a)
    (A)
  • b)
    (B)
  • c)
    (C)
  • d)
    (D)
  • e)
    (E)
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Directions: A passage is given below followed by a possible inference...
Probably False.
The fact that global companies are investing in India in hard cash challenges whoever says that global confidence is weak.
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Directions: Read the following passage carefully and answer the given question.Amartya Sen wrote about the Indian tradition of scepticism and heterodoxy of opinion that led to high levels of intellectual argument. The power sector in India is a victim of this tradition at its worst. Instead of forcefully communicating, supporting and honestly and firmly implementing policies, people just debate them. It is argued that central undertakings produce power at lower tariffs and must therefore, build most of the required extra capacities. This is a delusion. They no longer have access to low-cost government funds.Uncertainty about payment remains a reason for the hesitation of private investment. They had to sell only to SEBs (State Electricity Boards). SEB balance sheets are cleaner after the "securitisation" of the Rs. 40,000 crore or so owed by SEBs to central government undertakings, now shown as debt instruments. But, state governments have not implemented agreed plans to ensure repayment when due. The current annual losses of around Rs. 28,000 crore make repayment highly uncertain. The central undertakings that are their main suppliers have payment security because the government will come to their help. Private enterprises do not have such assurance and are concerned about payment security, that must be resolved.By the late 1990s, improving the SEB finances was recognised as fundamental to power reform. Unbundling SEBs, working under corporate discipline and even privatisation and not vertically integrated state enterprises, are necessary for efficient and financially viable electricity enterprises. Since the government will not distance itself from managing them, privatising is an option. The Delhi model has worked. But, it receives no public support.The Electricity Act 2003, the APRDP (Accelerated Power Reform and Development Programm e) with its incentives and penalties, and the creation of independent regulatory commissions, were the means to bring about reforms to improve financial viability of power sector. Implementation has been half-hearted and results disappointing. The concurrent nature of electricity in the Constitution impedes power sector improvement. States are more responsive to populist pressures than the central government, and less inclined to take drastic action against electricity thieves.Captive power would add significantly to capacity. However, captive generation, three years after the Act enabled it, has added little to capacity because rules for open access were delayed. Redefined captive generation avoids state vetoes on purchase or sale of electricity except to state electricity enterprises. Mandating open access on state-owned wires to power regardless of ownership and customer would encourage electricity trading. The Act recognised electricity trading as a separate activity. A surcharge on transmission charges will pay for cross-subsidies. These were to be eliminated in time. Rules for open access and quantum of surcharge by each state commission (under broad principles defined by the central commission) have yet to be announced by some. The few who have announced the surcharge have kept it so high that no trading can take place.Q. The author thinks it is appropriate to

The passage given below carries information. Some words and phrases have been highlighted as some questions have been framed on them. Read the same carefully and choose the correct option as your answer.Monsoon rainfall over India is 8% more than what is usual for this time of the year. While this might bode well for agriculture in some regions, it also means floods and concentrated downpours with devastating consequences. At least 25 people were killed over the weekend as torrential rains triggered flash floods and landslips in Himachal Pradesh and Uttarakhand. Several arterial roads were blocked by debris, as currents washed away bridges and vehicles. The toll was higher in Himachal Pradesh with 21 killed and 12 injured. At least six are missing due to chaos following the downpour. Mandi, Kangra and Chamba were the worst-affected districts in the State. While death and damage to property are the surface manifestation of these rains, there are a range of secondary effects with long-term downstream impact. Schools and transport facilities, for instance, are immediately put out of action, leading to loss of productive hours. Cattle and saplings are left to perish, which in turn destroys livelihoods, debilitates family finances and strains the finances of the state exchequer. The monsoon compresses around 75% of India’s annual rainfall into four months and unevenly waters the country’s highly diverse terrain. It is, therefore, inevitable that some spots are far more vulnerable and bear a disproportionate impact of climate fury. A recent report released by Himachal Pradesh’s Department of Environment, Science and Technology underlines that mountain areas are highly vulnerable to natural disasters, where development over the years has compounded the problem by upsetting the ecological balance of various physical processes.While hill States such as Himachal Pradesh and Uttarakhand have certain unique challenges, the threats from the vagaries of climate are not unique to them. Monsoon rain patterns are being disrupted leading to a rise in cloudburst-like events as well as a rise in the frequency of high-energy cyclones and droughts. One strategy adopted by the government has been to improve the system of early warning forecasts. The India Meteorological Department now provides fortnightly, weekly and even three-hourly weather forecasts to districts. Within these are integrated warnings about flash floods and lightning. Not all of these are accurate and often, they are not provided early enough for authorities to prepare themselves. In recent years, improvements in early warnings for incoming cyclones have helped state agencies evacuate and rehabilitate most vulnerable, but such success has not been observed for floods. While the inherent risks of infrastructure development in hills and unstable terrain is well understood, these are often elided by authorities in the name of balancing the demands of the people for better infrastructure and services. The increased risk and cost to such projects and infrastructure should be factored in when they are tendered out by the government, and scientific advice regarding development ought to be strictly adhered to.Which of the given reasons make/s the mountain areas susceptible to catastrophes?(i) Incessant rains and floods rampaging the delicate infrastructure(ii) Rampant development has hampered the ecological balance in these areas(iii) The uneven rainfall cycle affects the diverse terrains of the country

The passage given below carries information. Some words and phrases have been highlighted as some questions have been framed on them. Read the same carefully and choose the correct option as your answer.Monsoon rainfall over India is 8% more than what is usual for this time of the year. While this might bode well for agriculture in some regions, it also means floods and concentrated downpours with devastating consequences. At least 25 people were killed over the weekend as torrential rains triggered flash floods and landslips in Himachal Pradesh and Uttarakhand. Several arterial roads were blocked by debris, as currents washed away bridges and vehicles. The toll was higher in Himachal Pradesh with 21 killed and 12 injured. At least six are missing due to chaos following the downpour. Mandi, Kangra and Chamba were the worst-affected districts in the State. While death and damage to property are the surface manifestation of these rains, there are a range of secondary effects with long-term downstream impact. Schools and transport facilities, for instance, are immediately put out of action, leading to loss of productive hours. Cattle and saplings are left to perish, which in turn destroys livelihoods, debilitates family finances and strains the finances of the state exchequer. The monsoon compresses around 75% of India’s annual rainfall into four months and unevenly waters the country’s highly diverse terrain. It is, therefore, inevitable that some spots are far more vulnerable and bear a disproportionate impact of climate fury. A recent report released by Himachal Pradesh’s Department of Environment, Science and Technology underlines that mountain areas are highly vulnerable to natural disasters, where development over the years has compounded the problem by upsetting the ecological balance of various physical processes.While hill States such as Himachal Pradesh and Uttarakhand have certain unique challenges, the threats from the vagaries of climate are not unique to them. Monsoon rain patterns are being disrupted leading to a rise in cloudburst-like events as well as a rise in the frequency of high-energy cyclones and droughts. One strategy adopted by the government has been to improve the system of early warning forecasts. The India Meteorological Department now provides fortnightly, weekly and even three-hourly weather forecasts to districts. Within these are integrated warnings about flash floods and lightning. Not all of these are accurate and often, they are not provided early enough for authorities to prepare themselves. In recent years, improvements in early warnings for incoming cyclones have helped state agencies evacuate and rehabilitate most vulnerable, but such success has not been observed for floods. While the inherent risks of infrastructure development in hills and unstable terrain is well understood, these are often elided by authorities in the name of balancing the demands of the people for better infrastructure and services. The increased risk and cost to such projects and infrastructure should be factored in when they are tendered out by the government, and scientific advice regarding development ought to be strictly adhered to.Which of the following can be a suitable title for the given passage?

Directions: A passage is given below followed by a possible inference, which can be drawn from the facts stated in the passage. You have to examine the inference in the context of the passage and decide upon its degree of truth or falsity.Mark answer (A) if the inference is "definitely true", i.e. it properly follows from the statement of facts given.Mark answer (B) if the inference is "probably true" though not "definitely true" in the light of the facts given.Mark answer (C) if the "data is inadequate", i.e. from the facts given, you cannot say whether the inference is likely to be true or false.Mark answer (D) if the inference is "probably false" though not "definitely false" in the light of the facts given.Mark answer (E) if the inference is "definitely false", i.e. it cannot possibly be drawn from the facts given or it contradicts the given facts.As costs of repayment and interest spike, exchequers can be wiped out. The most important reason why India was relatively insulated from the global meltdown of 2008-09 was because our capital controls restricted the amounts which the government and companies could have borrowed globally; this insulated us from the devastating downgrades and bond market movements that damaged European economies.In the past, India has borrowed overseas in times of trouble. It floated quasi-sovereign bonds in 1991 during our economic crisis, in 1998 after the Asian crisis and in 2001 when the economy was weak and the rupee headed south.Each time, the economy sprung back, not because of the loans but because of reforms. The only people, who will laugh their way to the bank, if the government decides to shop for loans, will be investment bankers, not the government or taxpayers. Today, with nearly $300 billion in reserves, and near-5% growth, there is no reason to panic and shop for loans abroad.It is said that global confidence in India is fickle. Yet, FMCG giant Unilever is bringing in $4.5 billion to buttress its stake in its Indian arm, because it sees growth prospects here as better than elsewhere in the world. It is betting on India's growth prospects with hard cash. The government should reciprocate purposefully: clearing long pending projects, reforming sectors like coal and electricity and rolling out ambitious projects like the Delhi-Mumbai infrastructure corridor.Global companies are investing in India despite weak investor confidence.a)(A)b)(B)c)(C)d)(D)e)(E)Correct answer is option 'D'. Can you explain this answer?
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Directions: A passage is given below followed by a possible inference, which can be drawn from the facts stated in the passage. You have to examine the inference in the context of the passage and decide upon its degree of truth or falsity.Mark answer (A) if the inference is "definitely true", i.e. it properly follows from the statement of facts given.Mark answer (B) if the inference is "probably true" though not "definitely true" in the light of the facts given.Mark answer (C) if the "data is inadequate", i.e. from the facts given, you cannot say whether the inference is likely to be true or false.Mark answer (D) if the inference is "probably false" though not "definitely false" in the light of the facts given.Mark answer (E) if the inference is "definitely false", i.e. it cannot possibly be drawn from the facts given or it contradicts the given facts.As costs of repayment and interest spike, exchequers can be wiped out. The most important reason why India was relatively insulated from the global meltdown of 2008-09 was because our capital controls restricted the amounts which the government and companies could have borrowed globally; this insulated us from the devastating downgrades and bond market movements that damaged European economies.In the past, India has borrowed overseas in times of trouble. It floated quasi-sovereign bonds in 1991 during our economic crisis, in 1998 after the Asian crisis and in 2001 when the economy was weak and the rupee headed south.Each time, the economy sprung back, not because of the loans but because of reforms. The only people, who will laugh their way to the bank, if the government decides to shop for loans, will be investment bankers, not the government or taxpayers. Today, with nearly $300 billion in reserves, and near-5% growth, there is no reason to panic and shop for loans abroad.It is said that global confidence in India is fickle. Yet, FMCG giant Unilever is bringing in $4.5 billion to buttress its stake in its Indian arm, because it sees growth prospects here as better than elsewhere in the world. It is betting on India's growth prospects with hard cash. The government should reciprocate purposefully: clearing long pending projects, reforming sectors like coal and electricity and rolling out ambitious projects like the Delhi-Mumbai infrastructure corridor.Global companies are investing in India despite weak investor confidence.a)(A)b)(B)c)(C)d)(D)e)(E)Correct answer is option 'D'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Directions: A passage is given below followed by a possible inference, which can be drawn from the facts stated in the passage. You have to examine the inference in the context of the passage and decide upon its degree of truth or falsity.Mark answer (A) if the inference is "definitely true", i.e. it properly follows from the statement of facts given.Mark answer (B) if the inference is "probably true" though not "definitely true" in the light of the facts given.Mark answer (C) if the "data is inadequate", i.e. from the facts given, you cannot say whether the inference is likely to be true or false.Mark answer (D) if the inference is "probably false" though not "definitely false" in the light of the facts given.Mark answer (E) if the inference is "definitely false", i.e. it cannot possibly be drawn from the facts given or it contradicts the given facts.As costs of repayment and interest spike, exchequers can be wiped out. The most important reason why India was relatively insulated from the global meltdown of 2008-09 was because our capital controls restricted the amounts which the government and companies could have borrowed globally; this insulated us from the devastating downgrades and bond market movements that damaged European economies.In the past, India has borrowed overseas in times of trouble. It floated quasi-sovereign bonds in 1991 during our economic crisis, in 1998 after the Asian crisis and in 2001 when the economy was weak and the rupee headed south.Each time, the economy sprung back, not because of the loans but because of reforms. The only people, who will laugh their way to the bank, if the government decides to shop for loans, will be investment bankers, not the government or taxpayers. Today, with nearly $300 billion in reserves, and near-5% growth, there is no reason to panic and shop for loans abroad.It is said that global confidence in India is fickle. Yet, FMCG giant Unilever is bringing in $4.5 billion to buttress its stake in its Indian arm, because it sees growth prospects here as better than elsewhere in the world. It is betting on India's growth prospects with hard cash. The government should reciprocate purposefully: clearing long pending projects, reforming sectors like coal and electricity and rolling out ambitious projects like the Delhi-Mumbai infrastructure corridor.Global companies are investing in India despite weak investor confidence.a)(A)b)(B)c)(C)d)(D)e)(E)Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: A passage is given below followed by a possible inference, which can be drawn from the facts stated in the passage. You have to examine the inference in the context of the passage and decide upon its degree of truth or falsity.Mark answer (A) if the inference is "definitely true", i.e. it properly follows from the statement of facts given.Mark answer (B) if the inference is "probably true" though not "definitely true" in the light of the facts given.Mark answer (C) if the "data is inadequate", i.e. from the facts given, you cannot say whether the inference is likely to be true or false.Mark answer (D) if the inference is "probably false" though not "definitely false" in the light of the facts given.Mark answer (E) if the inference is "definitely false", i.e. it cannot possibly be drawn from the facts given or it contradicts the given facts.As costs of repayment and interest spike, exchequers can be wiped out. The most important reason why India was relatively insulated from the global meltdown of 2008-09 was because our capital controls restricted the amounts which the government and companies could have borrowed globally; this insulated us from the devastating downgrades and bond market movements that damaged European economies.In the past, India has borrowed overseas in times of trouble. It floated quasi-sovereign bonds in 1991 during our economic crisis, in 1998 after the Asian crisis and in 2001 when the economy was weak and the rupee headed south.Each time, the economy sprung back, not because of the loans but because of reforms. The only people, who will laugh their way to the bank, if the government decides to shop for loans, will be investment bankers, not the government or taxpayers. Today, with nearly $300 billion in reserves, and near-5% growth, there is no reason to panic and shop for loans abroad.It is said that global confidence in India is fickle. Yet, FMCG giant Unilever is bringing in $4.5 billion to buttress its stake in its Indian arm, because it sees growth prospects here as better than elsewhere in the world. It is betting on India's growth prospects with hard cash. The government should reciprocate purposefully: clearing long pending projects, reforming sectors like coal and electricity and rolling out ambitious projects like the Delhi-Mumbai infrastructure corridor.Global companies are investing in India despite weak investor confidence.a)(A)b)(B)c)(C)d)(D)e)(E)Correct answer is option 'D'. Can you explain this answer?.
Solutions for Directions: A passage is given below followed by a possible inference, which can be drawn from the facts stated in the passage. You have to examine the inference in the context of the passage and decide upon its degree of truth or falsity.Mark answer (A) if the inference is "definitely true", i.e. it properly follows from the statement of facts given.Mark answer (B) if the inference is "probably true" though not "definitely true" in the light of the facts given.Mark answer (C) if the "data is inadequate", i.e. from the facts given, you cannot say whether the inference is likely to be true or false.Mark answer (D) if the inference is "probably false" though not "definitely false" in the light of the facts given.Mark answer (E) if the inference is "definitely false", i.e. it cannot possibly be drawn from the facts given or it contradicts the given facts.As costs of repayment and interest spike, exchequers can be wiped out. The most important reason why India was relatively insulated from the global meltdown of 2008-09 was because our capital controls restricted the amounts which the government and companies could have borrowed globally; this insulated us from the devastating downgrades and bond market movements that damaged European economies.In the past, India has borrowed overseas in times of trouble. It floated quasi-sovereign bonds in 1991 during our economic crisis, in 1998 after the Asian crisis and in 2001 when the economy was weak and the rupee headed south.Each time, the economy sprung back, not because of the loans but because of reforms. The only people, who will laugh their way to the bank, if the government decides to shop for loans, will be investment bankers, not the government or taxpayers. Today, with nearly $300 billion in reserves, and near-5% growth, there is no reason to panic and shop for loans abroad.It is said that global confidence in India is fickle. Yet, FMCG giant Unilever is bringing in $4.5 billion to buttress its stake in its Indian arm, because it sees growth prospects here as better than elsewhere in the world. It is betting on India's growth prospects with hard cash. The government should reciprocate purposefully: clearing long pending projects, reforming sectors like coal and electricity and rolling out ambitious projects like the Delhi-Mumbai infrastructure corridor.Global companies are investing in India despite weak investor confidence.a)(A)b)(B)c)(C)d)(D)e)(E)Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams. Download more important topics, notes, lectures and mock test series for Banking Exams Exam by signing up for free.
Here you can find the meaning of Directions: A passage is given below followed by a possible inference, which can be drawn from the facts stated in the passage. You have to examine the inference in the context of the passage and decide upon its degree of truth or falsity.Mark answer (A) if the inference is "definitely true", i.e. it properly follows from the statement of facts given.Mark answer (B) if the inference is "probably true" though not "definitely true" in the light of the facts given.Mark answer (C) if the "data is inadequate", i.e. from the facts given, you cannot say whether the inference is likely to be true or false.Mark answer (D) if the inference is "probably false" though not "definitely false" in the light of the facts given.Mark answer (E) if the inference is "definitely false", i.e. it cannot possibly be drawn from the facts given or it contradicts the given facts.As costs of repayment and interest spike, exchequers can be wiped out. The most important reason why India was relatively insulated from the global meltdown of 2008-09 was because our capital controls restricted the amounts which the government and companies could have borrowed globally; this insulated us from the devastating downgrades and bond market movements that damaged European economies.In the past, India has borrowed overseas in times of trouble. It floated quasi-sovereign bonds in 1991 during our economic crisis, in 1998 after the Asian crisis and in 2001 when the economy was weak and the rupee headed south.Each time, the economy sprung back, not because of the loans but because of reforms. The only people, who will laugh their way to the bank, if the government decides to shop for loans, will be investment bankers, not the government or taxpayers. Today, with nearly $300 billion in reserves, and near-5% growth, there is no reason to panic and shop for loans abroad.It is said that global confidence in India is fickle. Yet, FMCG giant Unilever is bringing in $4.5 billion to buttress its stake in its Indian arm, because it sees growth prospects here as better than elsewhere in the world. It is betting on India's growth prospects with hard cash. The government should reciprocate purposefully: clearing long pending projects, reforming sectors like coal and electricity and rolling out ambitious projects like the Delhi-Mumbai infrastructure corridor.Global companies are investing in India despite weak investor confidence.a)(A)b)(B)c)(C)d)(D)e)(E)Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Directions: A passage is given below followed by a possible inference, which can be drawn from the facts stated in the passage. You have to examine the inference in the context of the passage and decide upon its degree of truth or falsity.Mark answer (A) if the inference is "definitely true", i.e. it properly follows from the statement of facts given.Mark answer (B) if the inference is "probably true" though not "definitely true" in the light of the facts given.Mark answer (C) if the "data is inadequate", i.e. from the facts given, you cannot say whether the inference is likely to be true or false.Mark answer (D) if the inference is "probably false" though not "definitely false" in the light of the facts given.Mark answer (E) if the inference is "definitely false", i.e. it cannot possibly be drawn from the facts given or it contradicts the given facts.As costs of repayment and interest spike, exchequers can be wiped out. The most important reason why India was relatively insulated from the global meltdown of 2008-09 was because our capital controls restricted the amounts which the government and companies could have borrowed globally; this insulated us from the devastating downgrades and bond market movements that damaged European economies.In the past, India has borrowed overseas in times of trouble. It floated quasi-sovereign bonds in 1991 during our economic crisis, in 1998 after the Asian crisis and in 2001 when the economy was weak and the rupee headed south.Each time, the economy sprung back, not because of the loans but because of reforms. The only people, who will laugh their way to the bank, if the government decides to shop for loans, will be investment bankers, not the government or taxpayers. Today, with nearly $300 billion in reserves, and near-5% growth, there is no reason to panic and shop for loans abroad.It is said that global confidence in India is fickle. Yet, FMCG giant Unilever is bringing in $4.5 billion to buttress its stake in its Indian arm, because it sees growth prospects here as better than elsewhere in the world. It is betting on India's growth prospects with hard cash. The government should reciprocate purposefully: clearing long pending projects, reforming sectors like coal and electricity and rolling out ambitious projects like the Delhi-Mumbai infrastructure corridor.Global companies are investing in India despite weak investor confidence.a)(A)b)(B)c)(C)d)(D)e)(E)Correct answer is option 'D'. Can you explain this answer?, a detailed solution for Directions: A passage is given below followed by a possible inference, which can be drawn from the facts stated in the passage. You have to examine the inference in the context of the passage and decide upon its degree of truth or falsity.Mark answer (A) if the inference is "definitely true", i.e. it properly follows from the statement of facts given.Mark answer (B) if the inference is "probably true" though not "definitely true" in the light of the facts given.Mark answer (C) if the "data is inadequate", i.e. from the facts given, you cannot say whether the inference is likely to be true or false.Mark answer (D) if the inference is "probably false" though not "definitely false" in the light of the facts given.Mark answer (E) if the inference is "definitely false", i.e. it cannot possibly be drawn from the facts given or it contradicts the given facts.As costs of repayment and interest spike, exchequers can be wiped out. The most important reason why India was relatively insulated from the global meltdown of 2008-09 was because our capital controls restricted the amounts which the government and companies could have borrowed globally; this insulated us from the devastating downgrades and bond market movements that damaged European economies.In the past, India has borrowed overseas in times of trouble. It floated quasi-sovereign bonds in 1991 during our economic crisis, in 1998 after the Asian crisis and in 2001 when the economy was weak and the rupee headed south.Each time, the economy sprung back, not because of the loans but because of reforms. The only people, who will laugh their way to the bank, if the government decides to shop for loans, will be investment bankers, not the government or taxpayers. Today, with nearly $300 billion in reserves, and near-5% growth, there is no reason to panic and shop for loans abroad.It is said that global confidence in India is fickle. Yet, FMCG giant Unilever is bringing in $4.5 billion to buttress its stake in its Indian arm, because it sees growth prospects here as better than elsewhere in the world. It is betting on India's growth prospects with hard cash. The government should reciprocate purposefully: clearing long pending projects, reforming sectors like coal and electricity and rolling out ambitious projects like the Delhi-Mumbai infrastructure corridor.Global companies are investing in India despite weak investor confidence.a)(A)b)(B)c)(C)d)(D)e)(E)Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of Directions: A passage is given below followed by a possible inference, which can be drawn from the facts stated in the passage. You have to examine the inference in the context of the passage and decide upon its degree of truth or falsity.Mark answer (A) if the inference is "definitely true", i.e. it properly follows from the statement of facts given.Mark answer (B) if the inference is "probably true" though not "definitely true" in the light of the facts given.Mark answer (C) if the "data is inadequate", i.e. from the facts given, you cannot say whether the inference is likely to be true or false.Mark answer (D) if the inference is "probably false" though not "definitely false" in the light of the facts given.Mark answer (E) if the inference is "definitely false", i.e. it cannot possibly be drawn from the facts given or it contradicts the given facts.As costs of repayment and interest spike, exchequers can be wiped out. The most important reason why India was relatively insulated from the global meltdown of 2008-09 was because our capital controls restricted the amounts which the government and companies could have borrowed globally; this insulated us from the devastating downgrades and bond market movements that damaged European economies.In the past, India has borrowed overseas in times of trouble. It floated quasi-sovereign bonds in 1991 during our economic crisis, in 1998 after the Asian crisis and in 2001 when the economy was weak and the rupee headed south.Each time, the economy sprung back, not because of the loans but because of reforms. The only people, who will laugh their way to the bank, if the government decides to shop for loans, will be investment bankers, not the government or taxpayers. Today, with nearly $300 billion in reserves, and near-5% growth, there is no reason to panic and shop for loans abroad.It is said that global confidence in India is fickle. Yet, FMCG giant Unilever is bringing in $4.5 billion to buttress its stake in its Indian arm, because it sees growth prospects here as better than elsewhere in the world. It is betting on India's growth prospects with hard cash. The government should reciprocate purposefully: clearing long pending projects, reforming sectors like coal and electricity and rolling out ambitious projects like the Delhi-Mumbai infrastructure corridor.Global companies are investing in India despite weak investor confidence.a)(A)b)(B)c)(C)d)(D)e)(E)Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Directions: A passage is given below followed by a possible inference, which can be drawn from the facts stated in the passage. You have to examine the inference in the context of the passage and decide upon its degree of truth or falsity.Mark answer (A) if the inference is "definitely true", i.e. it properly follows from the statement of facts given.Mark answer (B) if the inference is "probably true" though not "definitely true" in the light of the facts given.Mark answer (C) if the "data is inadequate", i.e. from the facts given, you cannot say whether the inference is likely to be true or false.Mark answer (D) if the inference is "probably false" though not "definitely false" in the light of the facts given.Mark answer (E) if the inference is "definitely false", i.e. it cannot possibly be drawn from the facts given or it contradicts the given facts.As costs of repayment and interest spike, exchequers can be wiped out. The most important reason why India was relatively insulated from the global meltdown of 2008-09 was because our capital controls restricted the amounts which the government and companies could have borrowed globally; this insulated us from the devastating downgrades and bond market movements that damaged European economies.In the past, India has borrowed overseas in times of trouble. It floated quasi-sovereign bonds in 1991 during our economic crisis, in 1998 after the Asian crisis and in 2001 when the economy was weak and the rupee headed south.Each time, the economy sprung back, not because of the loans but because of reforms. The only people, who will laugh their way to the bank, if the government decides to shop for loans, will be investment bankers, not the government or taxpayers. Today, with nearly $300 billion in reserves, and near-5% growth, there is no reason to panic and shop for loans abroad.It is said that global confidence in India is fickle. Yet, FMCG giant Unilever is bringing in $4.5 billion to buttress its stake in its Indian arm, because it sees growth prospects here as better than elsewhere in the world. It is betting on India's growth prospects with hard cash. The government should reciprocate purposefully: clearing long pending projects, reforming sectors like coal and electricity and rolling out ambitious projects like the Delhi-Mumbai infrastructure corridor.Global companies are investing in India despite weak investor confidence.a)(A)b)(B)c)(C)d)(D)e)(E)Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice Banking Exams tests.
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