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Q:

Read the passage carefully and select the best answer to each question out of the given four alternatives.

 

The conclusion of World Trade Organization’s 11th biennial ministerial conference at Buenos Aires was worrisome. From an Indian standpoint, there was no loss as status quo continues in the most important issue: the right to continue the food security programme by using support prices. But the inability of the negotiators to reach even one substantive outcome suggests that WTO’s efficacy is under question. As a 164-country multilateral organisation dedicated to crafting rules of trade through consensus, WTO represents the optimal bet for developing countries such as India. Strengthening WTO is in India’s best interest.

 

Perhaps the biggest threat to WTO’s efficacy today is the attitude of the US. The world’s largest economy appears to have lost faith in the organisation and has begun to undermine one of its most successful segments, the dispute redressal mechanism. This is significant as the US has been directly involved in nearly half of all cases brought to WTO. Separately, large groups of countries decided to pursue negotiations on e-commerce, investment facilitation and removal of trade obstacles for medium and small scale industries. By itself this should not weaken WTO. But it comes at a time when there is growing frustration with gridlock at WTO.

 

India did well to defend its position on its food security programme. The envisaged reform package which will see a greater use of direct cash transfers to beneficiaries will be in sync with what developed countries do. But it’s important for India to enhance its efforts to reinvigorate WTO. In this context, India’s plan to organise a meeting of some countries early next year is a step in the right direction. WTO represents the best available platform to accommodate interests of a diverse set of nations. Therefore, India should be at the forefront of moves to fortify it.

 

What is the biggest threat to WTO’s efficacy today?

 

A) India being not working in its best interest. B) Lost of faith in WTO by US.
C) Negotiators of WTO are not decision takers. D) WTO’s lame attitude towards global trade.
 
Answer & Explanation Answer: B) Lost of faith in WTO by US.

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Q:

Read the passage carefully and select the best answer to each question out of the given four alternatives.

 

The conclusion of World Trade Organization’s 11th biennial ministerial conference at Buenos Aires was worrisome. From an Indian standpoint, there was no loss as status quo continues in the most important issue: the right to continue the food security programme by using support prices. But the inability of the negotiators to reach even one substantive outcome suggests that WTO’s efficacy is under question. As a 164-country multilateral organisation dedicated to crafting rules of trade through consensus, WTO represents the optimal bet for developing countries such as India. Strengthening WTO is in India’s best interest.

 

Perhaps the biggest threat to WTO’s efficacy today is the attitude of the US. The world’s largest economy appears to have lost faith in the organisation and has begun to undermine one of its most successful segments, the dispute redressal mechanism. This is significant as the US has been directly involved in nearly half of all cases brought to WTO. Separately, large groups of countries decided to pursue negotiations on e-commerce, investment facilitation and removal of trade obstacles for medium and small scale industries. By itself this should not weaken WTO. But it comes at a time when there is growing frustration with gridlock at WTO.

 

India did well to defend its position on its food security programme. The envisaged reform package which will see a greater use of direct cash transfers to beneficiaries will be in sync with what developed countries do. But it’s important for India to enhance its efforts to reinvigorate WTO. In this context, India’s plan to organise a meeting of some countries early next year is a step in the right direction. WTO represents the best available platform to accommodate interests of a diverse set of nations. Therefore, India should be at the forefront of moves to fortify it.

 

Why was the WTO’s 11th binennial ministerial conference worrisome?

 

A) Denial of states quo. B) Inability of negotiators to reach to substantive outcome for the problems.
C) Rift in the policies suggested by WTO on IPR. D) Non-cooperation from Indian government on various matters.
 
Answer & Explanation Answer: B) Inability of negotiators to reach to substantive outcome for the problems.

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Q:

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options.

 

P: Then the liberalisation process became inevitable.
Q: It encourages initiative, entrepreneurship and competition which is very vital for growth of the economy.
R: In due course of time our institutions became stagnant, corrupt and inefficient due to permit raj and centralized control.
S: Liberalisation enhances economic activities.

 

A) PQSR B) RPSQ
C) QPRS D) RSQP
 
Answer & Explanation Answer: B) RPSQ

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Q:

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options.

 

P: All these ensure that the world we live in grows a new skin every few years.
Q: These influences do, of course, work on humankind but they have the greatest impact on that section of society which is on the threshold of discovery-discovery of the self, of life and of living.
R: The life and times of two generations cannot be identical or even similar, thanks to modern research, progress in science, faster and easier communications and even distasteful things like inflation and population explosion.
S: These changes in due course affect our thinking and influence our attitudes, expectations, behavioural patterns and values.

 

A) PSQR B) RPSQ
C) QSPR D) QPSR
 
Answer & Explanation Answer: B) RPSQ

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Q:

What is the value of  4cos90-A sin390+A - 4sin90+A cos390-Acos180+8A2 ?

A) 1 B) -1
C) 0 D) 2
 
Answer & Explanation Answer: B) -1

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Q:

What is the value of [tan2 (90  θ)  sin2 (90  θ)] cosec2 (90  θ) cot2 (90  θ)?

A) 0 B) 1
C) -1 D) 2
 
Answer & Explanation Answer: B) 1

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Q:

What is the value of (4/3) cot2 (p/6) + 3 cos2 (150)  4 cosec2 45 + 8 sin (p/2)?

A) 25/4 B) 1
C) – 7/2 D) 13/2
 
Answer & Explanation Answer: A) 25/4

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Q:

AB and AC are the two tangents to a circle whose radius is 6 cm. If ∠BAC = 60 deg, then what is the value (in cm) of (AB2 + AC2)?

A) 6√6 B) 4√6
C) 9√3 D) 8√3
 
Answer & Explanation Answer: A) 6√6

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