01/08 CR Challenger

Bank deposits are credited on the date of the transaction only when they are made before 3.pm. Alicia knows that the bank deposit was made before 3 p.m . So, Alicia knows that the bank deposit was credited on the date of the transaction.

Which one of the following exhibits both of the logical flaws exhibited by the argument above?

(A) Journalists are the only ones who will be permitted to ask questions at the press conference. Since Marjorie is a journalist, she will be permitted to ask questions.

(B) We know that Patrice works only on Thursday. Today is Thursday, so it follows that Patrice is working today.

(C) It is clear that George knows he will be promoted to shift supervisor, because George will be promoted to shift supervisor only if Helen resigns, and George knows Helen will resign.

(D) John believes that 4 is a prime number and that 4 is divisible by 2. Hence John believes that there is a prime number divisible by 2.

(E) Pat wants to become a social worker. It is well known that social workers are poorly paid. Pat apparently wants to be poorly paid


30/07 CR

In the course of her researches, a historian recently found two documents mentioning the same person, Erich Schnitzler. One, dated May 3, 1739, is a record of Schnitzler’s arrest for peddling without a license. The second, undated, is a statement by Schnitzler asserting that he has been peddling off and on for 20 years.

The facts above best support which of the following conclusions?

(A) Schnitzler started peddling around 1719.
(B) Schnitzler was arrested repeatedly for peddling.
(C) The undated document was written before 1765.
(D) The arrest record was written after the undated document.
(E) The arrest record provides better evidence that Schnitzler peddled than does the undated document.

answers and explanation in comments


Swedish Parts Network

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23/07 CR

Frobisher, a sixteenth-century English explorer, had soil samples from Canada's Kodlunarn Island examined for gold content. Because high gold content was reported, Elizabeth I funded two mining expeditions. Neither expedition found any gold there. Modern analysis of the island's soil indicates a very low gold content. Thus the methods used to determine the gold content of Frobisher's samples must have been inaccurate.

Which of the following is an assumption on which the argument depends?

(A) The gold content of the soil on Kodlunarn Island is much lower today than it was in the sixteenth century.

(B) The two mining expeditions funded by Elizabeth I did not mine the same part of Kodlunarn Island.

(C) The methods used to assess gold content of the soil samples provided by Frobisher were different from those generally used in the sixteenth century.

(D) Frobisher did not have soil samples from any other Canadian island examined for gold content.

(E) Gold was not added to the soil samples collected by Frobisher before the samples were examined.


Fourth Estate

There is a Fourth Estate, The Media and Entertainment industry conference on Saturday, July 25, 2009 at Chelmsford Club, #1,Krishi Bhawan, Raisina Road, New Delhi H.O.Delhi 110001, organized by 9.9 School of Convergence.

It will help aspirants and give them options in pursuing a career in the Media and entertainment industry. The speakers of the conference include Karan Makhija( Film Actor, Jaane Tu Jaane Na and 9.9 SoC alumni ) Ranabir Majumdar (Editor-Cricketnext.com, ESPN Star and 9.9SoC alumni) and Dr. Pramath Raj Sinha (Dean, 9.9 SoC , CEO 9.9 Mediaworx, Founding Dean ISB).

More and More people are looking for diversity in their careers and with the advent of technology advancements a new path has been created in the Media and Entertainment Sectors.
The event will bring together leaders in the media industry together to discuss the evolution in the industry and the job opportunities created.
Fourth Estate, The Media and Entertainment industry conference is a first-of-its-kind workshop by experts on different career opportunities in Media; with special focus on how you can pursue them.
The exciting nature of these job profiles has often seen to lure youngsters who are taking Internet & New Media Jobs very seriously. Creative, confident and the urge to take on a path, not many would want to take, are typical characteristics of people who want to try their luck in Media & Entertainment Jobs.
If you are interested in media sector do come and attend conference. The Program Fee is Rs 300 per participant. Brunch will be served. There are Limited seats please book your slot by email (first come first serve) events@schoolofconvergence.com and please mention subject "Registration for workshop" with your name and contact number.



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CR Challenger 11/07

Black Americans are, on the whole, about twice as likely as White Americans to develop high blood pressure. This likelihood also holds for westernized Black Africans when compared to White Africans.Researchers have hypothesized that this predisposition in westernized Blacks may reflect an interaction between western high-salt diets and genes that adapted to an environmental scarcity of salt.
Which of the following statements about present-day, westernized Black Africans, if true, would most tend to confirm the researchers' hypothesis?
(A) The blood pressures of those descended from peoples situated throughout their history in Senegal and Gambia, where salt was always available, are low.
(B) The unusually high salt consumption in certain areas of Africa represents a serious health problem.
(C) Because of their blood pressure levels, most White Africans have markedly decreased their salt consumption.
(D) Blood pressures are low among the Yoruba, who, throughout their history, have been situated far inland from sources of sea salt and far south of Saharan salt mines
(E) No significant differences in salt metabolism have been found between those people who have had salt available throughout their history and those who have not.

Answer and explanation in comments.


Local Autobody Shops

My uncle with his wife rear-ended another car yesterday in California. Good thing that they were both ok after the accident and that the damage to both cars weren't that big. Well, not as big as totally replacing the whole car. Anyways, my uncle drives an old pajero and I know that his baby pajero would definitely cost him a lot of money for repairs. And I am also pretty sure that he would need a good and reputable auto body shop in his area.

Collision Repair experts is a good website that contains a huge network of "best in class" collision repair experts. Their huge network is made up of reputable and committed to excellence shop owners therefore you will assured of the good service they do. I am definitely sending the link to this auto body shop anaheim to my uncle so he can get his baby pajero fixed to it's pre-accident condition and bring it back to its original shape.


100 Key points for budget 2009

It has been 2 days since budget has been announced, many speculations about the budget are taking place, Pages and shows about the same is hitting us with lots of information. How the budget will impact us and the market ? I have composed 100 simple straight forward key points of the budget.

1.Govt committed to tax reforms
2.Hike in IT exemption to Rs 2,40,000 for senior citizens
3.Commodities Transaction Tax to be scrapped
4. Service tax to be levied on law firms
5. 10 pc surcharge on personal income tax scrapped
6. Excise duty on petrol-driven small trucks down to 10%
7. Exemption of duty on goods made at construction sites restored
8. Drugs for heart diseases to become cheaper
9. Banking network to be expanded
10. Customs duty on gold and silver import increased
11. Mobile phone accessories to become cheaper
12. Pranab's Budget brings little cheer for the market
13. Branded jewellery for women to become cheaper
14. Customs duty on bio-diesel reduced
15. Tax holiday extended for textile units
16. Small businesses exempt from advance tax
17. Custom duty on LCD panels halved
18. Set-top boxes to cost more
19. Anonymous funds to charitable bodies to get some tax relief
20. MAT (minimum alternate tax) hiked to 15% of book profit
21. Hike in IT exemption for women to Rs 1,90,000
22. General Sales Tax model will have a Central GST and State GST
23. Share of direct taxes has increased to 56 per cent in 2008-09
24. GST to come into effect from April 01, 2010
25. Corporate tax unchanged
26. New tax code to be set up in 45 days
27. Goods and Services Tax to be introduced from April 1, 2010
28. Total budget expenditure for 2009-10 will Rs 10,28,032 cr
29. Plan expenditure, for both Centre and States, to go up by Rs 61,000 cr
30. Fiscal deficit in 2009-10 is proposed at 6.8 per cent of GDP
31. Higher public investment in infrastructure
32. Defence outlay remains unchanged
33. Rs 1,000 cr for Aila rehabilitation to West Bengal
34. Rs 25 cr each for AMU campuses in Murshidabad and Mallapuram
35. Rs 2,113 cr for IITs and NITs
36. Funds for GSI to enhance exploration of minerals
37. New pension benefits for 12 lakh jawans and JCOs
38. Pension of non-commissioned officers to be hiked
39. Allocation for rehab of Lankan Tamils
40. One lakh dwelling units for paramilitary forces to be built
41. Commonwealth allocation hiked to Rs 3472 crore
42. Allocation of Rs 50 cr to Chandigarh University
43. Govt to hike allocation to National Ganga Project to Rs 562 cr
44. One rank, one pension for ex-servicemen from July 1
45. Allowances to para-military forces at par with defence forces
46. Unique Identification ID project to roll out in 12-18 months
Fringe Benefit Tax to be scrapped
48. Unique Identification ID project to tap private talent
49. Allocation for NRHM to be raised by Rs 257 cr
50. National action plan on climate change
51. Full interest subsidy for students in approved institutions
52. Modernisation of national employment exchanges
53. 50% cent of rural women in self-help groups
54. Rural mega clusters in Bengal and Rajasthan
55. Interest subsidy for home loans up to Rs 1 lakh
56. Interest subsidy on education loans
57. Rashtriya Mahila Kosh corpus to be raised to Rs 500 crore
58. Rs 2,000 cr for rural housing fund under National Housing Bank
59. National Mission for female literacy
60. NREGA allocation up 144%
61. Work on National Food Security scheme for subsidised food
62. Rs 100 cr one-time grant to expand banks in unbanking areas
63. Indira Awaas Yojna hiked by 63% to Rs 8,883 cr
64. Allocation for PM Gram Sadak Yojna up by 59 per cent
65. Rs 39,100 crore allocation for NREGA
66. NREGA gave employment opportunities to more than 4.47 cr households
67. Aam Aadmi is the focus of all UPA's schemes
68. Govt to shift to nutrient based fertiliser subsidy regime
69. One banking centre in every bloc
70. Banks, insurance to stay with Govt
71. Raise threshold for non-promoter public listed companies
72. FM recalls Indira Gandhi's bank nationalisation
73. Move towards energy security via Integrated Energy Act
74. Saral-II forms to simplify taxation process
75. An expert panel will look into petroleum product pricing
76. Domestic oil prices must be in sync with global prices
77. Fertiliser subsidy to go directly to farmers
78. Export Credit Guarantee scheme extended till March 2010
79. Pranab Mukherjee quotes Kautilya in Budget speech
80. Incentives in interest rates to farmers to pay back
81. Print media stimulus package extended by six months
82. Target for agriculture credit raised to Rs 3,25,000 cr in 2009-10
83. FIIs have returned to India in last few months
84. Storm-water drainage project fund hiked to Rs 500 cr
85. Blueprint for national gas grid
86. Additional budget allocation to farmers
87. Allocation of Rashtriya Krishi Vikas Yojna stepped up by 30%
88. Total fiscal stimulus during '08-09 is Rs 1,86,000 cr
89. Hike in allocation for Mumbai flood management
90. Housing allocation hiked under Rajiv Awaas Yojana
91. Fund allocation for urban poor accommodation is 3,973,000 cr
92. JNNURM allocation hiked by 87 per cent
93. NHAI allocation up by 23 per cent
94. Hike infrastructure investment to over 9% of GDP by 2014
95. IIFCL will refinance 60% of commercial bank loans in PPP
96. Signs of revival in the domestic industry
97. Fiscal stimulus gave economy a boost
98. Govt took 3 stimulus packages to fight slowdown
99. Economic growth is a synergy of states and Centre
100. Significant hike in foreign capital
Source: http://controlinvest.blogspot.com/


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CR Challenger 04/07

Twenty years ago the Republic of Rosinia produced nearly 100 million tons of potatoes, but last year the harvest barely reached 60 million tons. Agricultural researchers, who have failed to develop new higher yielding strains of potatoes, are to blame for this decrease, since they have been concerned only with their own research and not with the needs of Rosinia.

Which one of the following is an assumption on which the argument depends?

(A) Any current attempts by agricultural researchers to develop higher-yielding potato strains are futile.

(B) Strains of potatoes most commonly grown in Rosinia could not have produced the yields last year that they once did.

(C) Agricultural researchers often find concrete solutions to practical problems when investigating seemingly unrelated questions.

(D) Wide fluctuations in the size of the potato crop over a twenty-year period are not unusual.

(E) Agricultural research in Rosinia is funded by government grants.


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2/7 CR Challenger

Further evidence bearing on Jamison’s activities must have come to light. On the basis of previously available evidence alone, it would have been impossible to prove that Jamison was a party to the fraud, and Jamison’s active involvement in the fraud has now been definitively established.
The pattern of reasoning exhibited in the argument above most closely parallels that exhibited in which one of the following?
(A) Smith must not have purchased his house within the last year. He is listed as the owner of that house on the old list of property owners and anyone on the old list could not have purchased his or her property within the last year.
(B) Turner must not have taken her usual train to Nantes today. Had she done so, she could not have been in Nantes until this afternoon, but she was seen having coffee in Nantes at 11 o’clock this morning.
(C) Nofris must have lied when she said that she had not authorized the investigation. There is no doubt that she did authorize it, and authorizing and investigation is not something anyone is likely to have forgotten.
(D) Waugh must have known that last night’s class was canceled. Waugh was in the library yesterday and it would have been impossible for anyone in the library not to have seen the cancellation notices.
(E) LaForte must have deeply resented being passed over for promotion. He maintains otherwise, but only someone who felt badly treated would have made the kind of remark LaForte made at yesterday’s meeting.

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Vocab Power Updated Daily

  • COBBLED - Repair or mend
  • ABHORRENCE - Hate coupled with disgust
  • INCUMBENCY - The term during which some position is held
  • MITIGATE -Lessen or to try to lessen the seriousness or extent of
  • dubious - Open to doubt or suspicion
  • FOSTERING - Encouragement; aiding the development of something
  • ELICIT- Call forth (emotions, feelings, and responses)
  • PLAUSIBLE - Apparently reasonable and valid, and truthful
  • FORGE - Move ahead steadily
  • BOLSTER (V)-Support and strengthen
  • ECCENTRIC- A person with an unusual or odd personality
  • PATRONAGE - The act of providing approval and support
  • IMPERVIOUS - Not admitting of passage or capable of being affected

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