28/08 CR

The United Nations General Assembly term runs from September to January. The greatest part of this time is taken up with useless chatter. Delegates debate endlessly, never arriving at decisions. The delegate from each and every 300-square-mile archipelago in the South Pacific must make a lengthy presentation on every topic that reaches the floor, yet almost no attention is paid to solving practical problems that are actually capable of being solved.

The author's argument is based on which one of the following assumptions?

a.The purpose of the General Assembly is to deal with specific practical problems.

b.Too many small states with insignificant problems are members of the General Assembly.

c.If the General Assembly spent less time debating, it would devote most of its attention to providing relief for famine areas.

d.The term of the General Assembly is too short for any important work to be accomplished

e.Members of the General Assembly who are from large countries tend to concentrate more on global issues, rather than on minor topics

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return on investment of MBA

How much return on investment can students really expect from their hard-ruppees , pounds or euros? And are the cost increases of recent years really justified?
Rose Martinelli, an associate dean at the University of Chicago’s Booth School of Business, makes the point that it is not just the cost of receiving business education which has risen, it is also the cost of providing it. She makes the case that MBA programmes are now much more resource-driven than they were a decade ago, citing a new career-management centre, more teaching facilities, increased use of technology and greater use of mentoring and coaching as examples at her own school.
It’s a valid argument. A pre-dotcom MBA student dropped into a present day programme would barely recognise his pampered, modern-day colleague. And one other expensive feature that might come as a surprise would be the sheer diversity of the class. Ten years ago even the more international programmes drew most of their participants from the host country, with the balance largely recruited elsewhere in the developed West. Now schools spend large sums touring the world to promote their wares on every continent but Antarctica.
Furthermore, working out the return on investment an MBA programme can deliver has always been challenging. Most rankings focus on shorter-term benefits such as the difference between pre- and post-programme earnings. However, in recent years the popularity of the qualification has allowed top schools to cherry-pick the very best candidates, candidates who, in most cases, are already high earners. As a result, the immediate effect on earning power diminishes and so too does the perception of value for money.
Perhaps the only way that the true return on an MBA can be measured is by looking at its effect over the course of five or even ten years. This may seem a leap of faith—especially right now—but students can take heart by examining the careers of successful alumni. And then the rising cost of the MBA experience may not seem so daunting after all.

Refernce: economist

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Term Life Insurance

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GMAT CR Challenger 16/08

The number of young adults that are illiterate has dropped significantly in a certain county over the last fifteen years. Education officials attribute this decrease entirely to improved conditions in the schools, which made for a better teaching environment, reducing the level of illiteracy.Which of the following, if true, would most seriously weaken the education officials’ explanation for the lower incidence of the disease?
A) Many similar improvements in school conditions have been made over the last twenty-five years in the county.
B) Home-schooling has not been more prevalent among the illiterate as compared to people who are not illiterate.
C) Because of a new assessment scale, many people who until this year would have been considered illiterate are now considered low-level readers.
D) The same percentage of the population has been tested every year for the last 30 years.
E) The conditions in the schools were brought up to the standards of the neighboring counties twenty years ago

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