P). Employees need to follow a meaningful set of guidelines designed to minimize risks while encouraging creativity. 1). They must establish a meaningful corporate culture that encourages a sense of entrepreneurship. 2). Seniors managers have a large role to play in this balancing act. 3). They have to find ways of encouraging mass experiments while limiting possible threats to the company's existence. 4). They need to make sure the workers they hire have the skills necessary to drive the company forward. Q). If all goes well, natural leaders will 'emerge' to move the organization forward.
Answer: A We should begin with 2, as it speaks about who would be required to do the activity that is mentioned in the main statement. The 'balancing act' of 2 which is the task mentioned in P makes 2 been the paragraph. Paragraph cannot end with 4 because 'company-forward' cannot be repeated before Q.
Q. No. 14:
P). The one major cause for the current weakened state of Indian banks is the level and volume of non-performing assets. 1). Yet, the fact remains that the banks allowed themselves to be pressurized into lowering their guard in the one area of business that is and should be their bread and butter of existence- risk assessment. 2). Description such as 'deceased portfolio' and figures running into thousands of crores have all led to treating the problem as a major one-time aberration requiring emergency treatment. 3). The causal explanations - political interference, willful defaults, targeted lending and even fraudulent behaviours by banks - have some grain of truth in them. 4). The problem has not been looked at in its proper perspective. Q). The response from the banks is to concentrate on somehow reducing the amount and number of accounts in this category.
Answer: D 'The problem' in 4 is directly connected to P. 'Description such as .....have led to treating the problem', connects 2 to 4. 'The casual explanation' of 3 continues on 2. 'yet' of 1 sums up the author's comments leading to Q.
Q. No. 15:
P). Because services are performances, they cannot be inventoried. 1). This is a significant fact of life in a services business demand peaks cannot be accommodated simply by taking goods off the shelf. 2). Conversely, if an airliner takes off with 40 empty seats, the revenue that those 40 seats could have produced, had they been filled, is lost forever. 3). One of the crucial challenges in many service industries is to find ways to better synchronise supply and demand as an alternative to recurring conditions of severe overdemand and underdemand. 4). If an airline has 40 more flight-reservation request than capacity permits, some business will likely be lost. Q). This is easier said that done : demand peaks can occur during certain times of the day (airlines, restaurant), during certain days of week (movies, hair styling), and during certain months of the year (income tax services, beach resorts).
Answer: A "This is significant fact......." of 1 carries on from P. 4 and 2 give examples that follow 1. "This is easier said than done" of Q comments on the 'way to better synchronise supply and demand' promised in 3.
Q. No. 16:
1). A good budget is one which makes a sincere attempt to change the policy environment. 2). Government finances are terminally impaired with uncontrolled fiscal deficits. 3). There are big gaps in perception and capability of managers. 4). Industry too is not ready to deliver growth, should even the government pursue the right policies. 5). The current reforms pace is too slow. 6). The fiscal deficit has deteriorated.
Answer: C '54' makes a mandatory pairs as they are linked with the word 'too'. This pair is present in option C only.
Q. No. 17:
1). In my view, a priority sector should be an area of market failure. 2). Priority sectors include agriculture, small scale industries, housing, exports, etc. 3). Economics say that a market has failed when the market does not provide efficient outcomes for society. 4). The government of India directs substantial bank credit to what it deems are 'priority sectors' for the Indian economy. 5). It is not clear how sectors get identified for the priority tag, as there is no clearly articulated logic. 6). Markets fail for a variety of reasons.
Answer: A 2 follow 4 as 2 names the priority sector mentioned in 4. Hence option A is the answer.
Q. No. 18:
1). Thrills, ranging from video games to burgers cover the rest. 2). This is because the returns from browsing cover only a percentage of your costs. 3). The bigger your cafe, the more is the need for additional mean of income. 4). Some cafes can get away with being plain vanilla. 5). These fruits will make your clients spend more time with you and also add to your profits. 6). But others cannot.