Question
Purchasing Power Parity (PPP) theory suggests that
exchange rates will adjust to offset differences in:Solution
Absolute PPP states that the exchange rate between two currencies should equal the ratio of the countries' price levels.
In the following question below are given some statements followed by some conclusions based on those statements. Taking the given statements to be tru...
Statement : All books are pens.
Some pens are desks.
No desk is a chair.
Some chairs are tables.
Conclusion:
I. So...
Select the letter-cluster from among the given option that can replace the question mark (?) in the following series.
PRESIDENT, RESIDENT, RESIDE...
Statement:
Only a few radios are TVs
Only a few laptops are cables
All cables are TVs
Conclusion:
I. All laptop...
Statements: Â Â Â Â Â No apple is an orange.
                               All oranges are grapes.
...
In the following question below are given statements followed by some conclusions based on these statements. Assuming the statements to be true, even i...
Statements: Some guitars are harmoniums.
No harmonium is a sitar.
Conclusions: I. Some guitars are not sitars.
II. Some sitars ar...
Statements:
All mangos are apples
Only a few apples are bananas
Some bananas are not guavas
Only a few guavas are orange
Statements:Some Pulsar are not bajaj.
All bajajs are Hero.
Conclusions:I. Some bajaj are not Pulsar.
II. Some Heros are not bajaj...
Statement:Â
Only a few scale are erasers.     Â
No eraser is a pen.      Â
Only colours are pens.       Â
...
