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Statement I If an entity holds directly/indirectly 50% or more of the voting power of the investee, it is presumed thus such entity has significant influence.<br>Statement II AS-24 deals with related party disclosures.<br>Which of the following is/are correct?

Correct Answer: Only statement II is true

If an entity owns directly or indirectly more than 50% of voting rights, control is presumed unless clearly proven that it is not control. Sometimes control exists, even if there is less than 50% of voting rightes exist. State which of the followings is/are example(s) of control even if voting power is less than 50%

A member of Parliament can be disqualified on the ground of dejection if
1. He leaves the party as a result of split in the party along with members who constitute only 1/3rd of the total membership of that party
2. A nominated member joins any political party after the expiry of 6 months from the date on which he takes his seat in the House
3. He gives up membership of the political party on whose ticket he is elected
4. He votes or abstains from voting in the House against the direction of political party without prior permission

The main characteristics of the party implied in Lenin's conceptualization are:
1. The party is in possession of a unique type of knowledge as well as a distinctive method. Its knowledge base is Marxism and its method is dialectic.
2. The party is in principle a rigidly disciplined and carefully selected small group. It claims intellectual superiority because of the possession of unique knowledge.
3. The party has to be territorialy all pervasive in the sense that its branches should spread in all the parts and regions of the country.
4. The party is, by design, a highly centralised organization. Autonomy of local units is thus ruled out. The rank and file would be subject to strict discipline and rules of obedience.
Select the correct answer from the following:

Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer :

Statement : The party president has directed that no member of the party will give press briefing or interviews to governments and private T.V. channels about the discussion in scheduled meeting of the party.

Assumptions :
I. Party members will observe this directive of the president.
II. The general public will not come to know about the happenings in the scheduled meeting of the party.

Directions : Following question consists of a statement followed by three arguments I, II and III . You have to decide which of the arguments is a STRONG arguments and which is a WEAK Argument.

Statement : Should "literacy" be the minimum criterion for becoming a voter in India?

Arguments :
I. No. Mere literacy is no guarantee of political maturity of an individual.
II. Yes. Illiterate people are less likely to make politically wiser decisions of voting for a right candidate or party.
III. No. Voting is the constitutional right of every citizen.

Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer :

Statements : The President of XYZ Party indicated that 25 independent Members of Legislative Assembly (MLA) are seriously considering various options of joining some political party. But in any case all of them collectively will join one party only.

Conclusions :
I. The 25 independent MLAs will join XYZ party in a short period of time.
II. The 25 independent MLAs will join some other political party in a short period of time.

In the given question, a part of the sentence is printed in bold. Below the sentence, three alternatives to the bold part are given which may help improve the sentence. Choose the option that reflects the correct use of the phrase in the context of the sentence. In case the given sentence is correct, your answer is (E) i.e. No correction required. At first glance, it seems implausible that such an intricately engineered bio system such as our could have come about merely as a result of random modifications. i. such an intricately engineered bio system as ours ii. such intricately engineered bio system such as our iii. such intricately engineered bio system such as ours

Directions : Following question consists of a statement followed by four arguments I, II, III and IV. You have to decide which of the arguments is a STRONG arguments and which is a WEAK Argument.

Statement : Should there be reservation of jobs in the organizations in the private sector also as in the public sector undertakings in India?

Arguments :
I. Yes. This would give more opportunities of development to the weaker sections of the society and thus help reduce the gap between the affluent and the downtrodden in India.
II. No. The private sector does not get any government assistance and therefore they should not be saddled with such policies.
III. No. Nowhere else in the world such a practice is being followed.
IV. No. The management of the private sector undertaking would not agree to such compulsions.

Consider the following statements:
1. Council of States passes a resolution supported by not less than two-third majority of the members present and voting that it is in the national interest that the Parliament shouldmake law on such matters
2. Council of State and House of the People, both pass a resolution that it is in the national interest that the Parliament should make law on such matter
3. The President gives the prior permission for such legislation
4. Speaker of the House of the people in consultation with Chairman of the Council of States gives the prior permission for such legislation
Which of these statements is/are correct?

Consider the employee work-team example, and assume that certain employees participate in more than one work team. A given employee may therefore appear in more than one of the team entity sets that are lower level entity sets of employee. Thus, the generalization is _____________