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04 Mar 2014, 06:26
Kudos
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B
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
15%
(low)
Question Stats:
82% (01:49) correct
18%
(01:58)
wrong
based on 199
sessions
History
Date
Time
Result
Not Attempted Yet
The economic reforms unleashed in the country of Rupeesthan in the year 1991 provided unparalleled encouragement to private sector, nurtured equity culture to a great extent to create capital in private, public, and joint sectors. The proponents of these reforms cite the growth of the Foreign exchange reserve (FER) in the post - 1991 period from a dismal half a billion dollars to a phenomenal $300 billion in nearly a decade. Yet the country met with unprecedented misery in other walks of life
Which of the following statements would give a valid reason for the paradox?
A. Many other countries also rose fast in their FERs in the same period
B. Abrupt explosion in money supply brings together with it inflation
C. The average age of the wage earning population dipped to 35 years from the prior 37.5, while the national retirement age was hiked to 60 from the previous 58
D. The standard of living of the wage earning class rose to great heights.
E. . More women have taken to jobs in offices and factories than ever before.
Which of the following statements would give a valid reason for the paradox?
A. Many other countries also rose fast in their FERs in the same period
B. Abrupt explosion in money supply brings together with it inflation
C. The average age of the wage earning population dipped to 35 years from the prior 37.5, while the national retirement age was hiked to 60 from the previous 58
D. The standard of living of the wage earning class rose to great heights.
E. . More women have taken to jobs in offices and factories than ever before.
Diagnostic Verbal Test No.5 Q#14 CR
OA: B
OE:
A: What happened in many other countries is irrelevant to our issue
B: This is the reason for the country’s suffering. The country could not widely disperse the gains brought about by the infusion of the economic reforms.
C: These are manifestations of an expanding economy triggered by positive activities and this choice is a true supporter of the claim made in the argument.
D. A selective and sectoral up gradation in part, is a pseudo indicator of prosperity; because, those who are left out by the boom are far greater in number than those who really enjoyed the fruits.
E. Gender is not relevant in the context.
OA: B
OE:
A: What happened in many other countries is irrelevant to our issue
B: This is the reason for the country’s suffering. The country could not widely disperse the gains brought about by the infusion of the economic reforms.
C: These are manifestations of an expanding economy triggered by positive activities and this choice is a true supporter of the claim made in the argument.
D. A selective and sectoral up gradation in part, is a pseudo indicator of prosperity; because, those who are left out by the boom are far greater in number than those who really enjoyed the fruits.
E. Gender is not relevant in the context.
04 Mar 2014, 06:44
Kudos
Bookmarks
Good question 
not because I got it correct but options given were clear to arrive at the correct one
not because I got it correct but options given were clear to arrive at the correct one 
05 Mar 2014, 00:47
Kudos
Bookmarks
Only B makes sense. To be honest, I was confused by other options because they seem superfluous.
