Directions (1-10): Choose the odd sentence out of the given five sentences in each question.
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bank finance without collateral is prohibitively expensive. But in a fiercely competitive market,price increases lead to loss of market. That is what is happening to Indian apparel exports.the funds crunch has left apparel manufacturers and exporters with no optionbut to increase prices by about five per cent, particularly becauseits continued health is important for creation of jobs.Option E
CDAB -
average monthly demand for cash has more than doubled from around ₹20,000 crore twomonths ago to ₹45,000 crore, according to Garg.the Centre should go into the causes for the shortage to assess if there is a genuine reason.Ergo, there’s a clear demand-supply mismatch leading to shortage.But what caused the rise in demand? This is where we run into a black hole with explanations ranging from hoarding of ₹2,000 notesOption C
ABDE -
agri GVA growth is expected at just 3 per cent.even if this monsoon turns out to be normal, this is no guarantee of robust growthnormal monsoons may not necessarily guarantee rural feel-good.in the agriculture leg of GDP. Agriculture GVA managed an exceptional 6.3 per cent growth in FY17as output revived from a drought year. But in FY18, as the base effect wore off,Option C
BDEA -
the US is also barking up the wrong tree by inveighing against ‘currency manipulators’.while the renminbi recorded its sharpest appreciation in nine years.The rise of the renminbi has occurred despite a sharp increase in China’s holdings in US treasuries in 2017As it is buoyant farm income that catalyses rural prosperity and spending,The greenback depreciated by about 10 per cent in 2017 against a basket of six currencies,Option D
AEBC -
little to re-build the eroded confidence of investors and depositors in the banking system.It also justifiably had compelling reasons for its tough move.But it is not as if the RBI was unaware of the impact its February directive would have on banks’ earnings.with a possible write-back of ₹28,000-30,000 crore in the March quarter.the RBI’s leeway on MTM losses and provisioning cushion the blow somewhat —Option A
EDCB -
there is a genuine grievance over the Sterlite project where the company stands accused ofcutting corners in its quest for expansion of capacity.Yet, the overall signal going out is that of a State that is not friendly any more to industry.This is dangerous as there are others — notably neighbouring Andhra Pradesh which is hungry for investmentto stop IPL matches from being played in Chennai on the excuse of the Centre not notifying the Cauvery management board.Option E
ABCD -
But after that initial bluster, the Centre has gone quiet.The company did spell out its strategy to ensure that a similar data breach does not happen in the futureThis is despite a disappointing response by Facebook to the show-cause issued by the Centre.very emphatically claimed that he would summon Zuckerberg to India.after the Facebook data breach came to light, the Minister for Electronics and IT,Option B
EDAC -
is an even more qualitative exercise. They do not easily lend themselves to textbook methods for arriving at the ‘fair market value’investor fancy for the sector. In the absence of profits or tangible assets, the valuation of new-age start-ups‘Fair value’ assessments even for listed entities are a subjective exercise,The new ITR forms require salary earners to provide breakups of their salary already captured in Form 16which yield widely varying numbers based on the method used, market conditions andOption D
CEBA -
India spends a third of its defence budget on capital acquisitions and about 60 per cent ofIndia’s public-sector enterprises such as Hindustan Aeronautics Ltd (HAL) have comprehensively demonstrated technological mettle in producing high quality equipment required for the country’s defence.India is one of the few nations with capabilities to design and build warshipsThus, the opportunity to increase domestic procurement is large.the defence related requirement is met through imports.Option C
AEDB -
could grant more say for home buyers in the resolution processthe committee is correct in recommending that home buyers be given the status of financialin effect thwarts promoters’ efforts to delay recovery by lenders against their personal assets.creditors. Given that in most cases, the amount of money given by home buyers as advanceismuch higher than the money lent by banks, thisOption C
BDEA
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