1. Passage Reading
2. Verbal Logic
3. Non Verbal Logic
4. Numerical Logic
5. Data Interpretation
6. Reasoning
7. Analytical Ability
8. Quantitative Aptitude
(a) Export is a source of foreign currency
(b) Export eases import expenditure
(c) Export increases central bank reserves of
foreign currency
(d) All of the above
Trade balance, i.e. the difference between export and import, is clearly the first variable influenced by export dynamics. Export is a source of foreign currency, easing import expenditure and increasing central bank reserves of foreign currency. If for exporting a country needs raw materials and semi-manufacturer goods from abroad, then export growth will increase imports as well.
Provided export does not simply replace production previously directed to domestic demand, the increase of export will increase production, GDP, employment. Through Keynesian multiplier, this will engender a higher consumption and higher production again, giving rise to a positive feedback loop. Probably, imports will rise as a consequence. On the supply side, firms may compensate slower domestic dynamics with export, stabilizing their production and eventually profitability. Growing exports usually mean a firm strategy of market diversification.
A microbial fuel cell (MFC) or biological fuel cell is a bio-electrochemical system that drives a current by mimicking bacterial interactions found in nature. Mediator-less MFCs are a more recent development; due to this, factors that affect optimum efficiency, such as the strain of bacteria used in the system, type of ionexchange membrane, and system conditions (temperature, pH, etc.) are not particularly well understood. Bacteria in mediator-less MFCs typically have electrochemically active redox proteins such as cytochromes on their outer membrane that can transfer electrons to external materials.
(a) Government expenditure
(b) Revenue collection
(c) Government expenditure - Revenue collection
(d) The use of government expenditure and
revenue collection (taxation) to influence the
economy
In economics and political science, fiscal policy is the use of government expenditure and revenue collection (taxation) to influence the economy. Fiscal policy can be contrasted with the other main type of macroeconomic policy, monetary policy, which attempts to stabilize the economy by controlling interest rates and spending. The two main instruments of fiscal policy are government expenditure and taxation. Changes in the level and composition of taxation and government spending can impact the following variables in the economy:
Aggregate demand and the level of economic activity;
The pattern of resource allocation;
(a) 4% per decade
(b) 5% per decade
(c) 6% per decade
(d) 7% per decade
Ozone depletion describes two distinct but related phenomena observed since the late 1970s: a steady decline of about 4% per decade in the total volume of ozone in Earth's stratosphere (the ozone layer), and a much larger springtime decrease in stratospheric ozone over Earth's polar regions. The latter phenomenon is referred to as the ozone hole. In addition to these well-known stratospheric phenomena, there are also springtime polar tropospheric ozone depletion events. The details of polar ozone hole formation differ from that of mid-latitude thinning, but the most important process in both is catalytic destruction of ozone by atomic halogens. The main source of these halogen atoms in the stratosphere is photodissociation of man-made halocarbon refrigerants (CFCs, freons, halons). These compounds are transported into the stratosphere after being emitted at the surface. Both types of ozone depletion were observed to increase as emissions of halo-carbons increased. *************
(a) Devalue the currency
(b) Decrease demand for imports
(c) Sell more of your own exports
(d) All of the above
What are three strategies to reduce the current account deficit?
This for any country in general, what are three strategies a government can do to
reduce their current account deficit?
1.Devalue the currency (either actively if fixed exchange rate, or by lowering interest rates if on a floating exchange rate). This makes your exports cheaper to foreigners and makes their goods more expensive, lowering imports.
2.Decrease demand for imports - you can do this by raising taxes or cutting spending (lower aggregate demand generally) or directly by raising tariffs, quotas, etc. to keep foreign goods out.
3.Sell more of your own exports. One way to do this is with policies that channel resources to exporting sectors - for example, setting up tax free export processing zones, subsidizing capital to those sectors (exhibit A - see Korea after WWII), creating infrastructure that makes it easier to export, etc.
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Passage Reading
Verbal Logic
Non Verbal Logic
Numerical Logic
Data Interpretation
Reasoning
Analytical Ability
Basic Numeracy
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