NIFT UG 2008 Question Paper with solutions

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Directions (Q. Nos. 76-80) :Below is given a passage followed by 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 of falsity. Mark answer as
   Despite the vast untapped export potential, the funding of sericulture development in the country has been found to be a very major stumbling block. Therefore, it is necessary that a scheme for providing free flow of credit to all those who are engaged in sericulture including silk weaving may be drawn up.
   Further, taking into account the emerging trends to the Indian Silk industry from global players like Korea and China, and also the serious challenges posed by the ongoing changes in the multi-fibre agreement and complete integration with GATT, it is necessary to formulate a new national silk policy. Another working group has to be constituted to evolve a long term import and export policy.
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Question : 85 of 100
 
Marks: +1, -0
One study has predicted that sensex will increase by 15% to 20% in the next one year. Some experts consider it quite optimistic, but it is possible under certain conditions. Market levels, after all, are not determined by text book led experiments conducted in vacuum; rather by complex chemistry of fad, sentiment, perception, ownership, liquidity and fundamental value. Environmental changes also impact and these are totally unpredictable at the start of any year.
Which of the following conclusions best summarizes the passage above?
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