TESTfunda - CAT Question of the Day 13-Mar-14

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	13-Mar-14 TestFunda Home | Sign up for Newsletters | Feedback CAT Question of the Day From among the options, choose the summary of the passage that is written in the same style as that of the passage.   RBI's new policy for setting up wholly owned subsidiaries — an important component of Pillar 3 of the RBI's plan to reform the financial system — is a step towards modernization of the Indian banking system. It signaled a "confidence effect" for investors, with bond and equity flows picking up after the announcement. But the policy by itself is likely to have little short-run impact on achieving the desired goals of efficiency, financial stability and inclusion. OPTIONS     1) RBI's new plan to modernize the Indian banking system is likely to miss its goals of efficiency, stability, and inclusion.   2) RBI's new policy for setting up wholly owned subsidiaries, the most important component of RBI's plan to reform the financial system, is likely to have little impact.   3) The Pillar 3 of RBI's plan to reform the financial system, which signaled investor confidence, is likely to fail in the long run.   4) RBI's policy on wholly owned subsidiaries, a part of the plan to reform the financial system, is likely to have little short-run impact. discuss | yesterday's solution | more questions Tip of the Day The main idea of an RC passage usually lies in the first or last paragraph of the passage. However, before selecting a passage to attempt, one should always have a look at the questions along with the subject/topic of the passage. more tips Last year's Question of the day (12-Mar-13) As they prepare for the state championships, one gymnast must be moved from the Level 2 team to the Level 1 team. The coaches will move the gymnast who has won the biggest prize and who has the most experience. In the last competition, Roberta won a bronze medal and has competed seven times before. Jamie has won a silver medal and has competed fewer times than Roberta. Beth has won a higher medal than Jamie and has competed more times than Roberta. Michele has won a bronze medal, and it is the third time that she is competing. Who will be moved to the Level 1 team? OPTIONS     1) Roberta   2) Beth   3) Michele   4) Jamie discuss TestFunda.com - LEARN with THE LEADER in Online MBA Test Prep Demo Lessons   |   Take a Demo Test   |   Buy Courses   |   Fun Learning Games   |   100-Percentilers About TestFunda.com - TestFunda is backed by www.ZeusLearning.com. 3 IIT-IIM graduates form the Management Team. - The 85+ member team has vast experience in MBA Coaching and Computer-Based Training and Testing. - For 12 years Zeus has created award-winning courseware for companies like Discovery Channel, Reader's Digest, Texas Instruments, Pearson Education. - The TestFunda Advisory Board comprises CEOs and MDs of international educational companies. About This Newsletter You received this email because you have registered with www.TestFunda.com. If you do not want to receive this email or want to sign up for other newsletters from TestFunda  click here. Please do not reply to this mail. Mails sent to this account will not be monitored. Post your comments and solutions under the Question of the Day forum. Problems getting this mail? To get this mail in your inbox, add noreply@testfunda.com to your contact list.       UNSUBSCRIBE / SUBSCRIBE | ABOUT | WHY TESTFUNDA | FAQ | PRIVACY | SUPPORT | CONTACT | DISCUSS   © Enabilon Learning Private Limited. All rights reserved