Jio is a big shot at reducing the cost of Internet access in India. The U.S., despite being the richest country in the world, lags far behind in terms of cost and penetration of Internet access. Cheap access to the Internet is an important step in bridging the access gap – access to good education, good healthcare, etc. But the market reaction to Jio is similar to the U.S. market’s reaction to firms announcing their intention to diversify.

(A) The final group of losers is the current shareholders of RIL. On announcement of Jio, the stock price of RIL fell.

(B) It shows that the market’s short-term reaction is usually proven correct in the long-run.

(C) On losing end, the first groups of losers are the shareholders of other telecom companies.

(D) The large amount of revenue the Government of India gets from auctioning off the nation’s natural resources is not necessarily a good thing because the Government does not have a stellar track record when it comes to spending the money. A large fraction of Government spending is wasted.

(E) The second loser is the Government of India. The big money the Indian Government was raking in selling cellular bandwidth was actually coming from the pockets of the cellular consumers. 

(F) The first obvious winners of this scheme are customers.

(G) The second winner is Mr. Ambani; he can potentially make a lasting impact as the man who brought Internet to millions of Indians.

Question:

Which of the following supports the decision of other companies opposing Reliance JIO Scheme?

What has 4 Eyes But cannot see?

What has Hands But cannot Clap?

A sum of Rs. 4,300 is distributed among M, N and O, such that M receives 25% more than N and N receives 25% less than O. What is O’s share in the amount?

What Asks But Never Answers?

A water tank in a village is normally filled in 8 hours but takes 2 hours longer to fill because of a leak in its bottom. If the tank is full, in how many hrs will the leak empty it ? 

Two Fathers and Two Sons walk into a ice cream parlour. They each buy something for Rs. 50 but they only spent Rs. 150. How is that possible?

12 boys decided to constribute Rs. 750 each to an Orphange. Suddenly few of them boys dropped out and consequently the rest had to pay Rs. 150 more. Then the number of boys who dropped out?