1.  unparalleled luxury and opulence.

2.  a sense of complacency among people because of all-round prosperity.

3.  a culmination of all-round economic prosperity.

4.  an imminent danger lurking behind economic prosperity.

4
Correct Answer :

unparalleled luxury and opulence.


Explanation :
No Explanation available for this question

1.  Growth in the economies of Western countries despite shocks in the form of increase in levels of indebtedness and inflated asset prices.

2.  Increase in the prosperity of Western countries and China despite rising oil prices.

3.  Continued growth of Western economies despite a rise in terrorism, an increase in oil prices and other similar shocks.

4.  the success of continued reforms aimed at making Western economies more dynamic, competitive and efficient.

4
Correct Answer :

Continued growth of Western economies despite a rise in terrorism, an increase in oil prices and other similar shocks.


Explanation :
No Explanation available for this question

1.  The rise in oil prices, the flux in the global balance of power and historical precedents should make us question our belief that the global economic prosperity would continue.

2.  The belief that modern industrial capitalism is highly resilient and capable of overcoming shocks will be lied soon.

3.  Widespread prosperity leads to neglect of early signs of underlying economic weakness, manifested in higher oil prices and a flux in the global balance of power.

4.  A crisis is imminent in the West given the growth of countries like China and India and the increase in oil prices.

4
Correct Answer :

The rise in oil prices, the flux in the global balance of power and historical precedents should make us question our belief that the global economic prosperity would continue.


Explanation :
No Explanation available for this question

1.  Industry has  incentive to build new production and refining capacity and therefore oil prices would reduce.

2.  There would be a correction in the price levels of oil once new production capacity is added.

3.  The decline in oil prices is likely to be short-term in nature.

4.  It is not necessary that oil prices would go down to earlier levels.

4
Correct Answer :

It is not necessary that oil prices would go down to earlier levels.


Explanation :
No Explanation available for this question

1.  Reality can be construed only through the use of rational analysis.

2.  Language limits our construction of reality.

3.  A universal language will facilitate a common understanding of reality.

4.  We need to uncover the hidden meaning in a system of relations expressed by language.

4
Correct Answer :

We need to uncover the hidden meaning in a system of relations expressed by language.


Explanation :
No Explanation available for this question

1.  A totalitarian impulse.

2.  A domain of representative language.

3.  Interdependence of the meanings of dichotomous terms.

4.  A strategy that seeks to suppress hidden meanings in a text.

4
Correct Answer :

A strategy that seeks to suppress hidden meanings in a text.


Explanation :
No Explanation available for this question

1.  represents a prioritization or hierarchy.

2.  reconciles contradictions and dualities.

3.  weakens the process of marginalization and ordering of truth.

4.  deconstructs reality.

4
Correct Answer :

represents a prioritization or hierarchy.


Explanation :
No Explanation available for this question

1.  interpretation of the text may not make the unseen visible.

2.  the meaning of the text is based on binary opposites.

3.  the implicit power relationship is often ignored.

4.  any act of interpretation must refer to what the author intends.

4
Correct Answer :

interpretation of the text may not make the unseen visible.


Explanation :
No Explanation available for this question

1.  As a result, 'deal making' becomes rampant, without concern for customer satisfaction.

2.  As a result, inefficiencies creep into the supply chain.

3.  As a result, everyone treats the other as an adversary, rather than as an ally.

4.  As a result, fundament innovations are becoming scarce in the automobile industry.

5.  As a result, everyone loses in the long run.

5
Correct Answer :

As a result, everyone treats the other as an adversary, rather than as an ally.


Explanation :
No Explanation available for this question

1.  But good theories, just like good maps, are invaluable, even if they are simplified.

2.  But good theories, just like good maps, will never represent unfamiliar concepts in detail.

3.  But good theories, just like good maps, need to balance detail and feasibility of representation.

4.  But good theories, just like good maps, are accurate only at a certain level of abstraction.

5.  But good theories, just like good maps, are useful in the hands of a user who knows their limitations.

5
Correct Answer :

But good theories, just like good maps, are invaluable, even if they are simplified.


Explanation :
No Explanation available for this question

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