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Q:

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?

A) Only A B) Both A & B
C) Only C D) Both C & E
 
Answer & Explanation Answer: D) Both C & E

Explanation:

As the arguments C and E states that other companies are on the losing end with this scheme, it is the only appropriate answer to this question.

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Filed Under: Statement and Arguments
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE , TOEFL
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Q:

When driving in reverse you should

A) Unbuckle your seat belt so you can reverse as quickly as possible B) Take care and never reverse for a greater distance and time than is necessary
C) Put your hazard warning lights on and perform the manoeuvre as quickly as possible to minimise danger D) Sound your horn to warn other drivers
 
Answer & Explanation Answer: B) Take care and never reverse for a greater distance and time than is necessary

Explanation:
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Filed Under: General Science
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Q:

The bankruptcy of which company initiated the Panic of 1873?

A) Republic Steel Company B) Jay Cooke & Company
C) Standard Oil Company D) Century Building Society
 
Answer & Explanation Answer: B) Jay Cooke & Company

Explanation:

Jay Cooke & Company, a major component of the United States banking establishment, found itself unable to market several million dollars in Northern Pacific Railway bonds in september 1873. Cooke's firm, like many others, had invested heavily in the railroads.

 

Hence, the bankruptcy of Jay Cooke & company initiated the Panic of 1873.

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Filed Under: World History
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Q:

A solution that is hypotonic to a cell has

A) more water molecules surrounding the cell than inside the cell B) more water molecules inside the cell than outside the cell
C) equal water molecules inside and outside the cell D) None of the above
 
Answer & Explanation Answer: A) more water molecules surrounding the cell than inside the cell

Explanation:
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Filed Under: Chemistry
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1 2485
Q:

Which of these is an example of negative feedback?

A) After you eat, insulin stimulates the lowering of blood sugar levels. B) Once labor begins, contractions increase in frequency and intensity.
C) After you eat, glucagon stimulates an increase in blood sugar levels. D) As a blood clot begins to form, the process of its formation gets faster and faster.
 
Answer & Explanation Answer: A) After you eat, insulin stimulates the lowering of blood sugar levels.

Explanation:

Eating raises blood sugar levels, insulin stimulates the lowering of blood sugar level. In this example the response to the stimulus (increased blood sugar levels) opposes that stimulus (by lowering blood sugar levels).

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Filed Under: General Science
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Q:

(P - 4)(P - 6)

Simplify the above?

Answer

(P - 4)(P - 6)


 


Now applying distributive property, we get


 


P.P - 4.P - 6.P + 6.4


 


P^2 - 10P + 24

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Subject: Simplification Exam Prep: GATE , CAT , Bank Exams , AIEEE
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3 2484
Q:

What is the minimum age for the post of the chief minister of any state?

A) 35 yrs B) 21 yrs
C) 25 yrs D) 45 yrs
 
Answer & Explanation Answer: C) 25 yrs

Explanation:

The minimum age for the post of the chief minister of any state is 25 years.

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Filed Under: General Awareness
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Q:

Igneous rocks are classified based upon their

A) composition B) texture
C) Both A & B D) None of the above
 
Answer & Explanation Answer: C) Both A & B

Explanation:
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Filed Under: General Science
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