Economic liberalization and globalization have put pressures on Indian industry, particularly on the service sector, to offer quality products and services at low costs and with high speed. Organizations have to compete with unequal partners from abroad. It is well recognized that developing countries like India are already behind other countries technologically, in many areas, although some of them, particularly India, boast of huge scientific and technical manpower. In addition to this, if an entrepreneur or industrialist has to spend a lot of his time, money and energy in dealing with unpredictable services and in negotiating with the local bureaucracy, it can have a significant dampening effect on business.
India at present is to some extent at par with the developed countries in terms of technological development.
Answer: D
It is mentioned in the passage that though India boasts of huge technical manpower,yet it lags behind other countries in technology. Thus, it is quite probable that India is in no way at par with the developed countries in terms of technological development.
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Self-medication has evolved rapidly over the years to provide symptomatic relief for minor ailments. One can safely define responsible self-medication, as the informed and rationale choice of consumers, to treat themselves and their family members with appropriate, affordable drugs of acceptable quality. Responsible self-medication can help prevent and treat symptoms and ailments that do not require medical consultation. Moreover, it also reduces the increasing pressure on medical, services for the relief of minor ailments, especially when financial and human resources are limited. Worldwide, more and more governments are accepting the self-medication concept. Self-medication is a fact of life. With its broad use and social acceptance, no health policy should ignore self-medication. Rather, health policy should ask how this momentum can be leveraged to help achieve its objective.
Self-medication reduces considerably pressure on health care system of any country.
Answer: A
The given fact clearly follows from the statement It also reduces the increasing pressure on medical services for the relief of minor ailments in the passage.
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Comparatively more people adopt self-medication in the western countries.
Answer: C
Nothing about the people's attitude to self-medication in western countries, can be deduced from the passage.
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Self-medication can even cure severe and complicated ailments.
Answer: D
It is mentioned in the passage that self-medication helps prevent and treat minor ailments that do not require medical attention.
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The use of self-medication has not been accepted widely by the Governments and society.
Answer: D
The sentence Worldwide, more and more governments are accepting the self-medication concept in the passage contradicts the given fact.
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Only knowledgeable consumers should be encouraged to practice self-medication.
Answer: D
The second sentence of the passage advocates the use of self-medication by all consumers. This contradicts the given fact.
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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.
Fringe benefits offered by many companies take care of most of the basic physiological needs of the executives.
Answer: A
The fact directly follows from the contents of the passage.
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Nowadays, most of the companies in India are designing their compensation packages on the lines of such packages offered by the companies in foreign countries.
Answer: C
Nothing about the compensation packages provided in the foreign countries is mentioned in the passage.
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There is a standard universal compensation package for executives in most companies.
Answer: D
According to the passage, the compensation package in different companies' includes different provisions.
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The survey conducted in India on compensation package included employees working at different levels, including executives.
Answer: D
It is mentioned in the first sentence of the passage that the survey conducted in India was on compensation package for executives only and not the employees at all levels.
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