Inference

Direction (1 - 30) : Below is given a passage followed by several possible inferences which can be drawn from the facts stated in the passage. You have to examine each inference
separately in the context of the passage and decide upon its degree of truth or falsity. Mark answer
(a) If the inference is "definitely true", i.e. it properly follows from the statement of facts given.
(b) If the inference is "probably true" though not "definitely true" in the light of the facts given.
(c) If the "data are inadequate", i.e. from the facts given you cannot say whether the inference is likely to be true or false.
(d) If the inference is "probably false" though not "definitely false" in the light of the facts given.
(e) If the inference is "definitely false", i.e. it cannot possibly be drawn from the facts given for it contradicts the given facts.

According to the latest figures, the core sector saw drastic (6.5 percent) growth recently. This could be a statistical aberration or a flash in the pan. But steel prices are climbing and this could be the sign of genuine core sector demand. It will be interesting to watch if steel prices do maintain this upward trend. That would be a confirmation of sustainability. If steel is indeed in a situation of great demand, it is given that downstream manufacturing will be doing well. Core sector industries such as heavy construction, mining, steel, etc, are classified as cyclical. However, the downtrend has lasted so long that one was afraid that these industries were in permanent decline. One doesn't know whether the current improvement will translate into rising stock prices over the long period.

1. The downstream manufacturing units are expected to have a slowdown in near fixture.

2. For the last few years the core sector has projected a modest growth,

3. The growth in core sector in the recent past was much below 4 percent

4. The steel prices will show continuous increase during next few months.

5. The price of steel depends on the activities in the  core sector.

Direction (6 - 10) : Logically these are rules of behavior, Every country has listed down comprehensive series of practical rules for citizens for resolving mutual contradictory rights and interests, Most of these rules have been listed down to sustaii social activities. For instance, many nations have listed down rules to protest against such crimes as theft, attack and murder. These rules are backed by judicial system and executor institutions, which look after the citizens who obey the rules and also who violate the rules. Wherever the human behavior is involved, such rules are not only for namesake there but are necessary also,

6. There arc no need to have any machinery to ensure strict adherence to the rules by citizens.

7. There is no need of any rules if individuals do not have to interact with each other.

8. Human beings are susceptible to violate rules.

9. Without rules, human behavior degenerates into anarchy.

10. There are no rules in countries where citizens interests and rights do not contradict.

Direction (11 - 15) : The Indian economy, despite not so strong monsoons, is expected to be among the faster growing economies of globally. The Indian equity markets are currently attractively poised with the scnscx at low PIE of about 14, making valuations very attractive, Interest rates are at all time low and may probably go further down, with plenty of surplus liquidity in the system, improvement in business fundamentals and a growing interest in the disinvestment programme. However, despite these positive factors, the Indian equity markets have shown negative growth on account of concerns on the US economy and markets and also due to the persisting supply demand mismatch in the market despite good liquidity in the system.

11. The lour interest rates have resulted in availability of more funds to be deployed in the equity market.

12. Indian equity market has never been so attractive to foreign investors in the past.

13. Low interest rare regime has considerably weakened the strength of business establishments in India.

14. The Indian economy is largely dependent on the status of US economy,

15. There have been few takes in the equity markets in the recent past.

Direction (16 - 20) : From the beginning of the new year, the good news continues on the economic front. Following on the heels of encouraging GDP growth figures for the second quarters, we now have happy tidings on the trade front as well. November 2005 saw the country's exports record a healthy 20% increase compared to the corresponding period last year. With this, the growth rate in exports for the first eight months of the current fiscal now stands at a robust 20%. Of course icart of the reason for the apparently encouraging performance is because of the base effect — exports actually fell 0.6% during 2004- 2005, But that is only part of the reason. For the rest, recovery in foreign trade and to give credit where it is due, concerted efforts by exporters have played important. 16. The percentage growth in exports during 2005- 2006 was mainly due to the decreased volume of exports during 2004-2005.

17. The efforts put in by the Indian exporters were comparatively less than their counterparts in developed countries.

18. There has been substantial increase in the extent of trade all over the world during the last financial year.

19. During 2004-2005, the quantum of the country's exports was about three-fourths of that in 2005- 2006.

20. There has been a consistent drop in quantum of exports during last three years.

Direction (21 - 25) : One of the promising features of the current market is that domestic institutions seem to have turned buyers after very long duration. They have been net buyers this month with inflows exceeding by Rs. 60 crore till early this month. That's admittedly a small amount, but its significance lies in the fact that domestic institutions have been net sellers every month this financial year except in August when their net purchases amounted to a microscopic Rs. 25 crore. This financial year's net sales by domestic institutions amounted to Rs. 3214 crore, which has substantially offset the net inflows of Rs. 3476 crore by Flls. The net purchases by domestic institutions could indicate that money is once again flowing into equity funds, eager not to miss the widely expected rally. Part of this reason could be a change in investor portfolios, as people lighten up on debt and put that money into equity.

21. Domestic institutions have been consistently selling only in all the months in this financial year.

22. Fills bought more than what was sold by domestic institutions this financial year.

23. The equity market is expected to experience a subdued activity in near future.

24. The activities in equity market has direct relationship with the debt market.

25. It is expected that in the early next financial year the gap between the net sales and net purchases will reduce substantially.

Direction (26 - 30) : One of the avowed goals of primary education is improving learner achievement, apart from access and retention. This is a essential area of concern to planners and educationists as investment in primary education has not been giving extent returns. The scenario with regard to learner achievement has been pretty bleak over the decades. Two national surveys of achievement of primary school children conducted by NCERT are a case in point. The survey on achievement in mathematics was conducted in 1968-69. The second on attainment in language and mathematics was conducted in 1992.

26. Retention is not an avowed goal of primary education.

27. Primary education is an investment as well as a duty of the government

28. Planners have not paid due attention to learner achievement while planning primary education schemes.

29. NCERT is the only body related with the schemes of primary education

30. The rate of learner achievement has improved very marginally after 1992,

Direction (31 - 45) : In each question below is given a passage followed by several possible inferences which can be drawn from the facts stated in the passage. You have to examine each inference separately in the context of the passage and decide upon its degree of truth or falsity. Mark answer if the inference is "definitely true", i.e. it properly follows from the statement of facts given.

• If the inference is "probably true" though not "definitely true" in the light of the facts given.
• If the "data are inadequate", i.e. from the facts given you cannot say whether the inference is likely to be true or
• If the inference is "definitely false-, i.e. it cannot possibly be drawn from the facts given for it contradicts the given facts.

Direction (31 - 35) : A survey in India indicated that in the core section of the companies, which were studied the compensation package for executives was categorized into many fringe benefit groups. The number of items included in it increased as one ascended the management hierarchy. In many companies, provision was made for transportation and medical and housing help. A handful companies also provided for children's education or permitted family allowance. Some of them have now adopted a specialized approach called the "cafeteria approach" in salary fixation. What is sought here is that the benefits must fulfill an executive's needs. Therefore, an appropriate selection has to be made of the benefits in terms of his needs after consulting the executive. Thus, this approach would individualize the system as the final choice is left to the executive concerned.

31. There is a sSaridaid universal compensation package for executives in most companies.

32. Fringe benefits offered by many companies take care of most of the basic physiological needs of the executives,

33. While designing the compensation package for executives, certain companies try to establish a match between needs and benefits.

34. Nowadays, most of the companies in India are designing their compensation packages on the lines of such packages offered by the companies in foreign countries.

35. The survey conducted in India on compensation package included employees working at different levels, including executives.

Direction (36 - 40) : Of around 4,90,000 children who presently languish in America's foster-care system, 450,000 are available for adoption, many of them are older children between the ages of 6 and 12. Among the adoptable children 40% are white and 48% are black. But 70% of all families waiting to adopt are white, and most of them are willing to adopt a black child. The problems however, are often difficult. Though only three US states — Arkansas, California and Minnesota — have laws promoting race matching in adoptions, 40 other support the practice.

36. Children beyond 12 years of age are less suitable for adoption.

37. White children are being preferred for adoption by majority of black families.

38. Majority of the US states have laws that discourage the practice of adoption.

39. Among the adoptable children at least 10 percent are neither black nor white.

40. Two-third of the white families are waiting to adopt a black child.

Direction (41 - 45) : In the commodities business size does matter. This is common wisdom. The Indian sugar industry, the second largest in the world after Brazil, has traditionally been divided, which led to widespread sickness and large number of mills going bankrupt, a situation exacerbated by a slew of government controls — which are, meaningfully, getting diluted since August 1998. Its now been more than fourteen years since the industry was de-licensed. No official permission is required either to start a new factory or for brown field expansion plan, except that there must not he any violation of command area norms. Even then, there aren't many who have the capacity to play the volumes game at the cyclic sugar business.

41. India has not yet been able to consolidate its firm stand in the international sugar market.

42. At present the Indian sugar industry has been made considerably free from Government controls.

43. Prior to 1998, Indian sugar industry was considerably lower in the world ranking of large nations.

44. Most of the bankrupt sugar mills in India are funded by the Govt. to revive their units.

45. The Indian sugar industry has comparatively smaller units in comparison to other major sugar producing nations.