Hi Puys,
Try following questions. I found them tricky. My answers do not match with answers given in the source. So please post your explanation also.
Q1]
A] A feature of the boom in 1980’s was the sensitivity of the stock markets to government policies.
B] Companies, especially in the IT sector, are often more dependent n foreign markets than on what happens
at home.
C] These changes have made Indian stock markets less sensitive to government policy.
D] Since then economy has been substantially liberalized.
E] And the attitude of the foreign institutional investors is quite heavily influenced by trends in global stock
markets.
Options are:
- BEADC
- ADECB
- ADBEC
- AEBCD
Q2]
A]They argue that it is this, which has led to the bankruptcy in many states.
B] Here was a commission whose members worked very hard, did exemplary research and homework, before coming
up with a list of recommendations that balanced economic efficiency with safety nets for disadvantaged labor.
C] It reminds us of the political shenanigans during the implementation of the Fifth Pay Commission.
D] How many times have you heard experts, politicians and the finance ministers refer to the implementation of the
pay hikes following the commission’s report as the singular cause for the increase in government’s expenditure?
E] Barring P. Chidambran, who was then the finance minister, every single political party and politician opposed the
implementation of the recommendations and are directly responsible for the current fiscal crises in the Centre
and the states.
Options are:
- DEBAC
- CDABE
- BEADC
- BAECD
All the best...
I will post the answers after 8pm...