A survey in India indicated that in the core section of the companies, which were analyzed, the compensation package for executives was divided into several fringe benefit groups. The number of items included in it rose as one ascended the management hierarchy. In many companies, provision was made for transportation and medical and housing assistance. A few companies also provided for children's education or permitted family allowance. Some of them have now adopted a specialized approach called the "cafeteria approach" in salary fixation. What is sought here is that the benefits must meet an executive's needs. Therefore,an appropriate selection has to be made of the benefits in terms of his needs after consulting him. Thus, this approach would individualize the system as the final choice is left to the executive concerned.
While designing the compensation package for executives, certai-n companies try to establish a match between needs and benefits.
Answer: A
According to the passage, some companies have adopted the cafeteria approach in which a selection of the benefits is made in terms of the executive's needs.
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Study the following passage carefully and answer the questions.
There is more bad news on food front. It now appears certain that there will bea shortfall of about 9 million tonnes
in the food production in the current kharif season, which in turn means five million tonnes less than the production
achieved in the last kharif season. However, rice procurement may only be partially affected since West Bengal
and Andhra Pradesh have had sufficient rainfall while Punjab, the mtyor contributor to the central pool is less
dependent on rainfall. Still, the overall availability of rice may go down by more than four million tonnes. There may
be worst news ahead.
The saliva of the house dogs should be periodically tested for the detection of rabies,
Answer: D
The given fact is neither mentioned in nor can be derived from the passage.
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Indian granite industry is in peril in the absence of a uniform policy from the State Governments, despite the
thrust given by liberalisation policies of the Union Government in the last two years. Compared to the remark-
-able progress in the field during the last three years, the absence of matching policies by State Governments
had put granite quarry owners and others involved in the industry on the verge of collapse in the international
market. The policies differed from state to state, had created problems as far as loyalty, dead rent and duration
of lease were concerned.
Each state having granite quarry has set up its own rules which are contrary to the interest of the industry.
Answer: D
The given fact directly follows from the last sentence of the passage.
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Indian granite industry is in peril in the absence of a uniform policy from the State Governments, despite the
thrust given by liberalisation policies of the Union Government in the last two years. Compared to the remark-
-able progress in the field during the last three years, the absence of matching policies by State Governments
had put granite quarry owners and others involved in the industry on the verge of collapse in the international
market. The policies differed from state to state, had created problems as far as loyalty, dead rent and duration
of lease were concerned.
Till three years ago. granite production in India was not profitable
Answer: A
Nothing about profitability of granite industry three years ago is mentioned in the passage.
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Wind is an inexhaustible source of energy and aerogenerator can convert it into electricity. Through not much has
so far been done in this field, the survey shows that there is a vast potential for developing wind as an alternative
source of energy. The wind survey has four components -- direction, duration, speed and distribution.
On this basis U P. hill areas have been found an ideal place for setting up aerogenerators. In U.P. hills alone, as
many as 58 sites have been identified.
Energy by wind is a comparatively new emerging field.
Answer: C
In the passage, it is given that not much has been done in the field of wind energy and efforts are on. Thus, it is clear that wind energy is a comparatively new emerging field.
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Wind is an inexhaustible source of energy and aerogenerator can convert it into electricity. Through not much has
so far been done in this field, the survey shows that there is a vast potential for developing wind as an alternative
source of energy. The wind survey has four components -- direction, duration, speed and distribution.
On this basis U P. hill areas have been found an ideal place for setting up aerogenerators. In U.P. hills alone, as
many as 58 sites have been identified.
Wind, as a source of energy, can replace exhaustible sources of energy.
Answer: D
According to the passage, wind is an inexhaustible source of energy and efforts are being made to develop wind as an alternative source of energy. This clearly implies the given fact.
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Wind is an inexhaustible source of energy and aerogenerator can convert it into electricity. Through not much has
so far been done in this field, the survey shows that there is a vast potential for developing wind as an alternative
source of energy. The wind survey has four components -- direction, duration, speed and distribution.
On this basis U P. hill areas have been found an ideal place for setting up aerogenerators. In U.P. hills alone, as
many as 58 sites have been identified.
The survey was conducted under the government of U.P.
Answer: B
It may be true that the survey was condi cted under the U.P. government as the amis of U.P. were also surveyed.
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Wind is an inexhaustible source of energy and aerogenerator can convert it into electricity. Through not much has
so far been done in this field, the survey shows that there is a vast potential for developing wind as an alternative
source of energy. The wind survey has four components -- direction, duration, speed and distribution.
On this basis U P. hill areas have been found an ideal place for setting up aerogenerators. In U.P. hills alone, as
many as 58 sites have been identified.
Only the hilly areas of U.P. were surveyed for setting up aerogenerators
Answer: C
It ia mentioned in the passage that the wind survey showed that there is a vast potential for harnessing wind energy This means that an overall survey must have been made and not only of the hilly areas of U.P.
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There is more bad news on food front. It now appears certain that there will bea shortfall of about 9 million tonnes
in the food production in the current kharif season, which in turn means five million tonnes less than the production
achieved in the last kharif season. However, rice procurement may only be partially affected since West Bengal
and Andhra Pradesh have had sufficient rainfall while Punjab, the mtyor contributor to the central pool is less
dependent on rainfall. Still, the overall availability of rice may go down by more than four million tonnes. There may
be worst news ahead.
There is no canal water facility in West Bengal and Andhra Pradesh,
Answer: D
According to the passage, the rice production in West Bengal and Andhra Pradesh would not be affected since they had sufficient rainfall. This implies that the farming there is dependent mainly on rain and no other irrigation facilities are available.
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There is more bad news on food front. It now appears certain that there will bea shortfall of about 9 million tonnes
in the food production in the current kharif season, which in turn means five million tonnes less than the production
achieved in the last kharif season. However, rice procurement may only be partially affected since West Bengal
and Andhra Pradesh have had sufficient rainfall while Punjab, the mtyor contributor to the central pool is less
dependent on rainfall. Still, the overall availability of rice may go down by more than four million tonnes. There may
be worst news ahead.
The procurement price of rice will increase this year.
Answer: C
It is mentioned in the passage that rice production has gone down. This may lead to a rise in procurement price of rice.
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