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.
   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 : 88 of 100
Marks:
+1,
-0
A major insurance company reported that approximately 80 per cent of all traffic accidents never result in an insurance claim. So we can conclude that about 80 per cent of all losses due to theft-also go unreported.
The argument above assumes that:
I. Statistics of automobile insurance claims are applicable to claims for theft losses.
II. Traffic accidents represent a more serious danger to the individual than do thefts.
III. The average dollar value of a traffic accident claim is equal to the average dollar value of a theft-loss claim.
The argument above assumes that:
I. Statistics of automobile insurance claims are applicable to claims for theft losses.
II. Traffic accidents represent a more serious danger to the individual than do thefts.
III. The average dollar value of a traffic accident claim is equal to the average dollar value of a theft-loss claim.
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