Daily Questions Challenge for IAS PRE (CSAT) Exam (25 April 2015)

Daily Questions Challenge for IAS PRE (CSAT) Exam (25 April 2015)

Write and Discuss Your Answer with Q.No in Comment Box at the Bottom of Post.

1. With reference to Indian freedom struggle, Usha Mehta is well-known for

(a) Running the secret Congress Radio in the wake of Quit India Movement.
(b) Participating in the Second Round Table Conference.
(c) Leading a contingent of Indian National Army
(d) Assisting in the formation of Interim Government under Pandit Jawaharlal Nehru

2. A new optical disc format known as the Blu-ray Disc (BD) is becoming popular. In what way is it different from the traditional DVD?

1. DVD supports Standard Definition video while BD supports High Definition video.
2. Compared to a DVD, the BD format has several times more storage capacity.
3. Thickness of BD is 2.4 nun while that of DVD is 1.2 mm.

Which of the statements given above is/are correct?

(a) 1 only
(b) 1 and 2 only
(c) 2 and 3 only
(d) 1, 2 and 3

3. With reference to the period of Indian freedom struggle, which of the following was/were recommended by the Nehru report?

1. Complete Independence for India.
2. Joint electorates for reservation of seats for minorities.
3. Provision of fundamental rights for the people of India in the Constitution.

Select the correct answer using the codes given below

(a) 1 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) 1, 2 and 3

4. Among the following States, which one has the most suitable dimatic conditions for the cultivation of a large variety of orchids with minimum cost of production, and can develop an export oriented industry in this field?

(a) Andhra Pradesh
(b) Arunachal Pradesh
(c) Madhya Pradesh
(d) Uttar Pradesh

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:: CSAT (Paper -2) ::

The need for Competition Law becomes more evident when foreign direct investment (FDI) is liberalised. The impact of FDI is not always pro-competitive. Very often FDI takes the form of a foreign corporation acquiring a domestic enterprise or establishing a joint venture with one. By making such an acquisition the foreign investor may substantially lessen competition and gain a dominant position in the relevant market, thus charging higher prices. Another scenario is where the affiliates of two separate multinational companies (MNCs) have been established in competition with one another in a particular developing economy, following the liberalisation of FDI. Subsequently, the parent companies overseas merge. With the affiliates no longer remaining independent, competition in the host country may be virtually eliminated and the prices of the products may be artificially inflated. Most of these adverse consequences of mergers and acquisitions by MNCs can be avoided if an effective competition law is in place. Also, an economy that has implemented an effective competition law is in a better position to attract FDI than one that has not. This is not just because most MNCs are expected to be accustomed to the operation of such a law in their home countries and know how to deal with such concerns but also that MNCs expect competition authorities to ensure a level playing field between domestic and foreign firms.
 

1. With reference to the passage, consider the following statements

1. It is desirable that the impact of Foreign Direct Investment should be pro-competitive.
2. The entry of foreign investors invariably leads to the inflated prices in domestic markets.

Which of the statements given above is/are correct?

(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2

2. According to the passage, how does a foreign investor dominate the relevant domestic market?

1. Multinational companies get accustomed to domestic laws.
2. Foreign companies establish joint ventures with domestic companies.
3. Affiliates in a particular market/sector lose their independence as their parent companies overseas merge.
4. Foreign companies lower the cost of their products as compared to that of products of domestic companies.

Which of the statements given above are correct?

(a) 1 and 2 only
(b) 2 and 3 only
(c) 1, 2 and 3 only
(d) 1, 2, 3 and 4

3. What is the inference from this passage?

(a) Foreign investors and multinational companies always dominate the domestic market.
(b) It is not in the best interests of the domestic economy to allow mergers of companies.
(c) With competition law, it is easy to ensure a level playing field between domestic and foreign firms.
(d) For countries with open economy, Foreign Direct Investment is essential for growth.

4. Examine the following statements:

1. I watch TV only if I am bored.
2. I am never bored when I have my brother’s company.
3. Whenever I go to the theatre I take my brother along.

Which one of the following conclusions is valid in the context of the above statements?

(a) If I am bored, I watch TV.
(b) If I am bored, I seek my brother’s company.
(c) If I am not with thy brother, then I watch TV?
(d) If I am not bored, I do not watch TV.

Write and Discuss Your Answer with Q.No in Comment Box at the Bottom of Post.

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