Question : Case Study 17:
JKL Inc. is a startup in the education sector aiming to raise funds for developing online learning platforms.
Question :
To raise short-term funds for marketing its online learning platforms, which money market instrument might JKL Inc. use?
Option 1: Corporate bond
Option 2: Call money
Option 3: Commercial paper
Option 4: Treasury bill
Correct Answer: Commercial paper
Solution : The correct answer is (c) Commercial paper.
Commercial paper is a short-term, unsecured debt instrument issued by corporations, typically with maturities ranging from a few days to a year. It is a common choice for businesses seeking short-term funds to finance various operational needs, including marketing initiatives. In summary, commercial paper offers JKL Inc. a swift and cost-effective means of raising short-term funds for marketing its online learning platforms, aligning well with their needs for timely financial support in this context.
Question : Which of the following articles says that 'It shall be the duty of every citizen of India who is a parent or guardian to provide opportunities for education to his child or, as the case may be, ward between the age of six and fourteen years'?
Option 1: 51A (k)
Option 2: 51A (j)
Option 3: 51A (i)
Option 4: 51A (h)
Correct Answer: 51A (k)
Solution : The correct answer is 51A (k).
Fundamental duties come under Article 51A of the Constitution in Part 4A. The 42nd Constitutional Amendment Act of 1976 established ten essential obligations, while the 86th Constitutional Amendment Act of 2002 added an eleventh. It is the eleventh fundamental obligation, which reads as follows: Every Indian citizen who is a parent or guardian has a responsibility to give his kid, or ward, between the ages of six and fourteen, chances for education.
Question : Which of the following claims concerning the cost of education is true?
Option 1: In India, the majority of total educational spending is spent at the elementary level.
Option 2: In India, tertiary education accounts for the majority of all educational spending.
Option 3: In India, secondary schooling accounts for the majority of all educational spending.
Option 4: The majority of India's total educational spending is spent at higher levels.
Correct Answer: In India, the majority of total educational spending is spent at the elementary level.
Solution : Higher education accounts for the least amount of the total budget and elementary education for the most. The government places more focus on elementary education because it is the foundational or first level of schooling.
Hence option a is the correct answer.
Question : Statement 1: SEBI's development functions include investor education and training.
Statement 2: SEBI's development functions solely focus on regulating credit rating agencies.
Option 1: Statement 1 is true, and statement 2 is true.
Option 2: Statement 1 is true, but statement 2 is false.
Option 3: Statement 1 is false, and statement 2 is true.
Option 4: Statement 1 is false, and statement 2 is false.
Correct Answer: Statement 1 is true, but statement 2 is false.
Solution : The correct answer is (b) Statement 1 is true, and statement 2 is false.
Statement 1 is true. SEBI, as part of its development functions, focuses on investor education and training to enhance awareness and understanding of financial markets among investors. Educating and training investors is a key component of SEBI's efforts to develop the securities market.
statement 2 is false. SEBI's development functions encompass a broader range of activities aimed at developing and promoting the securities market. While regulating credit rating agencies might be one aspect of its responsibilities, SEBI's development functions extend beyond this and include various initiatives to facilitate market growth, investor education, capacity building, and more.
Question : Which of the following is NOT an application software?
Option 1: Entertainment software
Option 2: Education software
Option 3: Programming language translator software
Option 4: Personal assistance software
Correct Answer: Programming language translator software
Solution : The correct option is Programming language translator software.
Programming language translator software is not considered an application software. It is a type of system software. It is used to convert high-level programming languages (like C++, Java, and Python) into machine code or assembly language that the computer's hardware can understand and execute. Examples of translators include compilers, interpreters, and assemblers.
Question : Comprehension:
Read the given passage and answer the questions that follow.
'What's your name, boy?' said the gentleman in the high chair. Oliver was frightened at the sight of so many gentlemen, which made him tremble and speak in a very low and hesitating voice.
'Listen to me. You know you're an orphan, I suppose? And that you were brought up by the parish, don't you?'
'Yes, sir,' replied Oliver, weeping bitterly.
'I hope you say your prayers every night,' said another gentleman in a gruff voice, 'and pray for the people who feed you, and take care of you'.
'Yes, sir,' stammered the boy.
'Well! You have come here to be educated, and taught a useful trade,' said the red-faced gentleman in the high chair.
Poor Oliver! He little thought, as he lay sleeping, happily unconscious of things around him, that the board had that very day arrived at a decision which would exercise the most material influence over all his future fortunes.
But they had. They believed the workhouse was a regular place of public entertainment for the poorer classes; a tavern where there was nothing to pay; a public breakfast, dinner, tea, and supper all the year round; a brick and mortar place, where it was all play and no work. 'Oho!' said the board, looking very knowing; 'we are the fellows to set this to rights; we'll stop it all, in no time.'
So, they established the rule, that all poor people should be starved by a gradual process in the house. The water-works were asked to lay on an unlimited supply of water; a corn-factory asked to supply small quantities of oatmeal; and it was decided to issue three meals of thin gruel a day, with an onion twice a week, and half a roll of bread on Sundays.
Question:
What was Oliver's situation?
Option 1: He had no family and was living in a home for orphans
Option 2: His education would prepare him for the future
Option 3: He was enjoying a stay at a workhouse
Option 4: He was fortunate to be provided with good meals
Correct Answer: He had no family and was living in a home for orphans
Solution : The correct option is the first option.
Explanation:
Oliver's situation is described as that of an orphan who was brought up by the parish. He is brought before a group of gentlemen who inquire about his background and inform him of their decision regarding his education and future prospects. The passage indicates that Oliver, being an orphan, was brought up by the parish, suggesting he has no family and is under the care of the authorities or the parish.
Therefore, the correct option would be: "He had no family and was living in a home for orphans."
Question : Mission education coaching institute is organising a six days workshop for cbse teachers. In order to ensure smooth functioning of the event, mission education has made ms. Aakshi and ms. savia as co-ordinators to take care of activities related to registration and refreshment. Identify the function of management being carried out by mission education.
Option 1: Planning
Option 2: Organising
Option 3: Staffing
Option 4: Directing
Correct Answer: Organising
Solution : Organising can be defined as 'Identifying and grouping different activities in the organisation and bringing together the physical, financial and human resources to establish most productive relations for the achievement of specific goal of organisation. In the above case, In order to ensure smooth functioning of the event, mission education has made ms. Aakshi and ms. savia as co-ordinators to take care of activities related to registration and refreshment.
Hence, option 2 is the correct answer.
Question : As a Morally and physically weak Roman empire crumbled, Morally and physically strong teutonic barbarians overran the lends that once were pride of the Latins. The visigoths overran Spain, And vandals overran North Africa. The Francs overran Gaul, the angels and saxons overran Britain and the ostrogroths overran Italy. These invasions brought about the lowest ebb in literature and learning known to history.
Out of pagan and immoral Rome, Christianity and asceticism grew and thrived, certain individuals became incensed with immorality and Worldliness that existed in Roman society. They would not worship the Roman gods attend the bath or visit the games. They thought that all sorts of physical activity were foolish pursuits in that they designed to improve the body. They preached that the body and mind were distinct and separate entities in man and one had no bearing on the other. The Christian imperial theodosius abolished the Olympic games A.D.394 as being pagan.
Christianity believed that evil exists in the body, therefore, it should be subordinated to the spirit, which is pure. The body is possessed of the devil and should be tortured. Sach practices led to poor health and shattered nervous system on the part of many. As Christianity spread monasteries were built where Christians could isolate themselves from the world and its evils. Later schools were attached to these monasteries but early Christianity would not allow physical education to become a part of the curriculum. The medieval University also frowned physical education.
Another influence that has had a major impact on the history of physical education is scholasticism-the belief that facts are the most essential items is one's education. The key to a successful life is knowing the facts and developing one's mental and intellectual powers. Scholasticism the emphasized the physical as an unimportant and unnecessary. The moment developed among the scholarship and the universities of the medieval ages.
The Olympic games were abolished by :
Option 1: Romans
Option 2: Greeks
Option 3: Christians
Option 4: Latins
Correct Answer: Christians
Solution : They preached that the body and mind were distinct and separate entities in man and one had no bearing on the other. The Christian imperial theodosius abolished the Olympic games A.D.394 as being pagan.
Question : What was a significant policy initiative of the UPA government?
Option 1: Introduction of the Goods and Services Tax (GST)
Option 2: Implementation of the Right to Education Act
Option 3: Demonetization of high-value currency notes
Option 4: Abolition of the Planning Commission
Correct Answer: Implementation of the Right to Education Act
Solution : The UPA government implemented the Right to Education Act, which aimed to provide free and compulsory education to children aged 6 to 14 years.
Question : Comprehension:
Read the given passage and answer the questions that follow.
Plato is the earliest important educational thinker, and education is an essential element in 'The Republic' (his most important work on philosophy and political theory, written around 360 B.C.). In it, he advocates some rather extreme methods: removing children from their mothers' care and raising them as wards of the state, and differentiating children suitable to the various castes, the highest receiving the most education, so that they could act as guardians of the city and care for the less able. He believed that education should be holistic, including facts, skills, physical discipline, music, and art. Plato believed that talent and intelligence are not distributed genetically and thus can be found in children born to all classes, although his proposed system of selective public education for an educated minority of the population does not really follow a democratic model.
Aristotle considered human nature, habit, and reason to be equally important forces to be cultivated in education, the ultimate aim of which should be to produce good and virtuous citizens. He proposed that teachers lead their students systematically, and that repetition be used as a key tool to develop good habits, unlike Socrates' emphasis on questioning his listeners to bring out their own ideas. He emphasized the balancing of the theoretical and practical aspects of subjects taught, among which he explicitly mentions reading, writing, mathematics, music, physical education, literature, history, and a wide range of sciences, as well as play, which he also considered important.
Question:
Which of these methods is NOT advocated in 'The Republic'?
Option 1: Differentiating children based on castes
Option 2: Imparting similar education to all children
Option 3: Bringing up children under state guardianship
Option 4: Keeping children away from mothers
Correct Answer: Imparting similar education to all children
Solution : The second option is the correct choice.
The method not advocated in The Republic is imparting similar education to all children.
Explanation:
In the given passage, it is mentioned that in The Republic, Plato advocates some rather extreme methods, including removing children from their mothers' care raising them as wards of the state and differentiating children suitable to the various castes.
Plato believed in a hierarchical system where the highest caste received the most education to act as guardians of the city.