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?

Read the following question and decide which of the given arguments is/are strong.

Question : Should CBSE introduce the retention system till Class 10?

Argument 1 : The foundations laid in lower classes are important for higher education.

Argument 2 : It is boring for a student to repeat the same class again.

Read the given question and decide which of the following arguments is / are strong.

Question : Are the best things in life free?

Argument 1: Life gives us so many opportunities for free and yet most of us waste it.

Argument 2: Smile, friends, family, good talk, good sleep and happy memories are all free.

Consider the given statement and decide which of the following argument (s) is/are strong.

Statement : Should CBDT abolish income tax in India?

Argument 1: Yes, it is an unnecessary burden on the wage earners in India.

Argument 2: No, it is a good source of revenue for Indian Government.

Read the given question and decide which of the following arguments is/are strong.

Are stock markets sources of wealth creation ?

Arguments :

1. Yes, money multiplies in stock markets.
2. No, investments in stock markets are subjected to market risk.

Read the given question and decide which of the following arguments is/are strong.

Should you work hard till you make your signature into an autograph?

Argument 1 : Work until you no longer have to introduce yourself.

Argument 2 : Work hard to become financially secure.

Read the given question and decide which of the following arguments are correct.

Hydrogen is in a cylinder.

Argument 1 : Hydrogen is in a liquid state.
Argument 2 : Hydrogen is in a gaseous state.

In the question a statement is given, followed by two arguments, 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 have to decide which of the given arguments, if any, is a strong argument.

Statement : Should eating paan at public places be made punishable?

Argument I : Yes, people eat pan and spit and makes public places dirty.
Argument II : No, Indians love paan.

In the question a statement is given, followed by two arguments, 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 have to decide which of the given arguments, if any, is a strong argument.

Statement : Should speed breakers be banned?

Argument I : Yes, data shows that number of accidents increase after putting the speed breakers.
Argument II : No, it teaches fast drivers a lesson.