Searching for "consider"

Q:

Consider the following statements with respect to Bitcoins or 'cryptocurrencies' as they are commonly known; I. Bitcoin is a decentralized electronic payment system II. Only a finite number of bitcoins can be created by miners III. Bitcoins are indivisible units of currency IV. Every single bitcoin transaction is recorded in a ledger called the blockchain. Which of the above statements are correct?

A) (i), (ii) and (iii) B) (i), (iii) and (iv)
C) (i), (ii) and (iv) D) (i), (ii), (iii) and (iv)
 
Answer & Explanation Answer: C) (i), (ii) and (iv)

Explanation:

A software developer called Satoshi Nakamoto proposed bitcoin, which was an electronic payment system based on mathematical proof. The idea was to produce a currency independent of any central authority, transferable electronically, more or less instantly, with very low transaction fees. Bitcoin’s most important characteristic, and the thing that makes it different to conventional money, is that it is decentralized. Bitcoin is created digitally, by a community of people that anyone canjoin. Bitcoins are ‘mined’, using computing power in a distributed network.This network also processes transactions made with the virtual currency, effectively making bitcoin its own payment network.The bitcoin protocol –the rules that make bitcoin work –say that only 21 million bitcoins can ever be created by miners. However, these coins can be divided into smaller parts (the smallest divisible amount is one hundred millionth of a bitcoin and is called a ‘Satoshi’, after the founder of bitcoin). Bitcoin stores details of every single transaction that ever happened in the network in a huge version of a general ledger, called the blockchain.

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Filed Under: Indian Economy

Q:

A statement is given followed by three inferences numbered I, II, and III. Consider the statement to be true even if it is at variance with commonly known facts. You have to decide which of the inferences, if any, follow from the given statement.

Statement: Japan will open up its doors to about two lakh IT professionals from India, and issue green cards to settle down in Japan and support the country's rapidly expanding IT infrastructure, said Shigeki Maeda, Executive Vice President at Japan External Trade Organisation (JETRO), a government body.

Inferences:

I. There is a dearth of IT professionals in Japan.

II. IT professionals from India are way more talented and hardworking than professionals from other countries.

III. Japan’s IT industry is growing by leaps and bounds every year.

A) Both I and II follow B) Both I and III follow
C) Both II and III follow D) Only III follows
 
Answer & Explanation Answer: B) Both I and III follow

Explanation:

Both inferences I and III follow. Because there is a shortage of IT professionals in Japan, they want to recruit people from India. Also, the given statement says that Japan’s IT infrastructure is rapidly expanding, from which we can conclude that the IT industry in Japan is growing by leaps and bounds.Inference II does not follow because the given statement gives us no information on whether IT professionals from India are better than professionals from other countries.

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Q:

The question below, there is a statement followed by two conclusions numbered I and II. You have to assume everything in the statement to be true. Then consider the 2 conclusion together and decide which of them follows beyond a reasonable doubt from the information given in the statement.

Statement: High pressure boilers are hazardous pieces of equipment, which are strictly regulated with special laws.

Conclusions:

I. If not regulated, high pressure boilers will be easily available in the market

II. High pressure boilers are rare.

A) Only conclusion I follows B) Only conclusion II follows
C) Both conclusion I and II follows D) Neither conclusion I nor II follows
 
Answer & Explanation Answer: D) Neither conclusion I nor II follows

Explanation:

The statement says that the high pressure boilers arehazardousand that’s why they are strictly regulated with special laws. Conclusion 1 talks about availability although the statement does not relate to the availability. Conclusion 2 talks about the rarity of high pressure boilers although the statement does not mention it anywhere.

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Q:

In question below is given a statement followed by assumptions. An assumption is something supposed or taken for granted. You have to consider the statement and the following assumptions and decide which of the assumptions is implicit in the statement.

Statement: The mind is the source of all human actions, yet the body is given more importance.

Assumptions:
I. The Mind is not given proper importance.
II. The Body is getting undeserved importance.
III. Every action starts from the brain.

A) Only I B) Only II
C) Only II and III D) Only III
 
Answer & Explanation Answer: A) Only I

Explanation:

l is implicit, as the statement shows that importance is not being given where it has to be given.ll is not implicit as it is not known from the statement whether the importance given tobody is deserved or not.3 is not implicit, as it is out of context. There's a difference between the brain and the mind. One should not confuse the two.

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Q:

The following question consists of four statements followed by two conclusions. Consider the statements to be true even if they vary from commonly known facts and find out which of the conclusions logically follow(s).


Statements:
All papers are books.
All pencils are pens.
No paper is pencil.
No stationary is book.

Conclusions:
I. Some papers are stationary is a possibility.
II. Some pens are books as well as papers.

A) Only conclusion I follow. B) Only conclusion II follow.
C) Either conclusion I or II follows. D) Neither conclusion I or II follows.
 
Answer & Explanation Answer: D) Neither conclusion I or II follows.

Explanation:

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Q:

One or two statements are given followed by two conclusions/assumptions, I and II. You have to consider the statement to be true, even if it seems to be at variance from commonly known facts. You are to decide which of the given conclusions/assumptions can definitely be drawn from the given statement. Indicate your answer.

Statements: 1. If people are intelligent, they should be creative.

Assumptions: I. Creativity and intelligence are related. II. Creative people are intelligent.

A) Only conclusion I follows B) Only conclusion II follows
C) Both conclusion I and conclusion II follow D) Neither conclusion I nor conclusion II follows
 
Answer & Explanation Answer: C) Both conclusion I and conclusion II follow

Explanation:
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Q:

In the following question, two statements are given each followed by two conclusions I and II. You have to consider the statements to be true even if they seem to be at variance from commonly known facts. You have to decide which of the given conclusions, if any, follows from the given statements.


Statement:
(I) If we are lucky then things automatically fall in place.
(II) Luck follows only when we work hard.


Conclusions:
(I) Hard work is the key to success.
(II) If you don’t work hard, luck will not follow you.

A) Only conclusion II follows B) Conclusion I and II both follow
C) Neither I nor II follow D) Only conclusion I follows
 
Answer & Explanation Answer: B) Conclusion I and II both follow

Explanation:
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Q:

The given sentences, when properly sequenced, form a coherent paragraph. Each sentence is labelled with a letter. Choose the most logical order of the sentences from among the five given choices to construct a coherent paragraph keeping 1 as the first statement.

1) In Hindu mythology, when Shiva opens his third eye, it is considered a terrible warning for the cosmos.

A) In somewhat similar fashion, in 2017, women across the world seemed to declare war — on harassment, abuse, rape, inequality and every form of injustice.

B) Anger, however, is only one facet of the fight for empowerment. Concomitantly, the year saw women stack up achievements on an unprecedented scale.

C) It means he is angry enough to incinerate anything that comes in his way.

D) Across the world, there was a furious outpouring of rage against men in power, men on the street, men at home, and in families.

A) ABCD B) CBDA
C) DBAC D) DACB
 
Answer & Explanation Answer:

Explanation:

The correct sequence is CADB.

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Filed Under: English