NORMALIZATION OF SCORES OF CAT in 2014
https://iimcat.ac.in/EForms/Mock/Web_App_Template/756/1/PDF/Scoring.pdf
]Read the following passage and answer the question that follows.
Grameen Bank believes that lack of access to credit is the biggest constraint for the rural poor. If the poor are provided credit on reasonable terms, they themselves best know how to increase their incomes. Grameen Bank targets and mobilizes the poor and creates social and financial conditions so that they receive credit by identifying a source of self-employment in familiar rural non-farm activities. The Bank’s method of targeting the poor is effective as it mobilizes only those who are willing to bear the costs of group formation, training, and monitoring each other’s activities, and those who are satisfied with the relatively small sums they can borrow and repay. To better meet its ultimate goal of social and economic development, Grameen Bank targets women more than men. By doing so, it directly channels credit to the poorest and the least empowered and helps improve the living standards of their families. Along with providing credit, Grameen Bank offers guidelines to members for codes of conduct and activities aimed at improving their social and financial conditions. It also provides training to women in maternal health, nutrition, and childcare to generate greater demand for basic health care services. Lending entails high risk of loan default due to adverse selection of borrowers and disability of lenders to enforce the loan contracts. Contrary to the practice of formal finance, Grameen Bank lends (in small amounts) to the poor based on group responsibility where individual access to credit depends on group from bad ones. Unlike other development banks, Grameen Bank mobilizes savings as an integral part of lending. Each member is required to save Taka 1 each week and buy a Grameen Bank share worth Taka 100. In addition, each borrower contributes 5 percent of the loan amount to a group fund and Taka 5 for every 1,000 Takas above loan size greater than Taka 1,000 to an emergency fund. These savings mobilization schemes provide protection of loans against default, an internal source of finance, and a stake for the members in Bank operations.
In 1993, with 1,039 branches covering almost half of Bangladesh’s villages, the Bank served more than 1.8 million borrowers and disbursed $169 million. By 1993, cumulative member savings totaled over $218 million. Almost 94 percent of the Bank’s members are poor women, accounting for nearly 70 percent of savings mobilized, and receiving over 80 percent of the total loans disbursed. Its loan recovery rate has been consistently over 90 percent compared with rates from 25 to 50 percent for other financial institutions in Bangladesh. Contrary to common belief, Grameen’s experience is that women are better credit risks with higher loan recovery rates than men (97 percent compared to 89 percent in 1992), and that the dropout rate is lower for women (15 percent) than for men (25 percent). The Grameen model is being replicated in more than 30 countries and the World Bank has provided a grant of $2 million for its replication in low-income countries.
While sophisticated econometric analysis is underway, preliminary analysis suggests that Grameen Bank has generated a number of benefits both at the household and village level. At the household level, the benefits from program participation include changes in income, employment, assets accumulation, networth, and other household welfare indicators (such as contraceptive use, school enrollment of children, etc.). Program participation has enabled members to enhance their assets and networth. For example, a program participating household owns 56 percent more resources and 51 percent more networth than a nonparticipating household. Program participation has also increased calorie intake, especially among female household members. The incidence of poverty is substantially reduced among program participants. Labor force participation, especially among women, is higher among participants than nonparticipants; women’s labor force participation is 66 percent among program participants compared to 52 percent for non participants. The school participation rate of girls is also higher for participants (57 percent) than for nonparticipants (36 percent). Program participation also increases the use of contraceptives, better toilet facilities, and better drinking water. In addition, program placement generates income gains for the poor as a whole through its impacts on the local resource allocation. For example, the daily male wage is 23 percent higher in program villages compared with nonprogram villages. Even after controlling for village characteristics, the study finds that up to 11 percent of the 23 percent wage increase is due to Grameen Bank program placement. The passage implies that.
a)access to credit is the not a problem for the rural poor
b)the poor best know how to increase their income.
c)credit on practical terms is hard to come by.
d)the banks mobilize the poor.
e)Grameen banks offers guidelines to members for time management.
- a
- e
- d
- c
- b
0 voters
Nonprofit organizations depend on two resources to fulfill their missions. One, of course, is money. The other resource - just as vital but perhaps even more scarce - is leadership. Indeed, qualified leadership candidates may be even rarer than six-figure donors. _____
1.Today, many nonprofit organizations struggle to attract and retain the talented senior executives they need to convert dollars into social impact.
2. During the next 10 years, the nonprofit leadership deficit will become impossible to ignore
.3. As one highly respected executive director recently observed, "If I have the choice between spending time with a $100,000 donor or a potential candidate for a senior role, hands down it's the candidate."
4. Searches for chief executive, operating, and financial officers often turn up only one to three qualified candidates, compared with four to six for comparable private-sector positions.
0 voters
Hello puys. I was thinking of a planned revision session on VA forum to get back to basics. For e.g.
We all post theme completion questions in pre decided 2hrs. Puys can help explain their approach and discuss with each other point out flaws that creep in.
then we can take up PJ, FIBs, FIJs, RC etc. in pre decided manners. So basically full VA revision in 8-10 hrs. (spread over couple of days)
There will be bunch of advantages to everyone.
1st : People revising old mock can post their doubts and get them clarified and understand where they went wrong.
2nd: For people solving and posting their approach, their method will be verified by others. You will help a lot of puys in the process. Plus you get to solve cat level questions get your daily dose.
3rd it will be a goto repository for future reference.
For this to be successful and achieve its intended result there need to be ample participation. 100 question in each area ought to suffice. Also question level need to be just right, neither too easy or too tough. We need question based on concept rather than esoteric language.
I belong to 1st category so I can post cat level question. Please suggest convenient time where maximum participation can occur.
@eshanrock @MJ477 @jay3421 @Dark_Passenger @rafaelnadal @Highway66 @swapnil4ever2u @sav-9 @Preeti_L @BlackMamba11 @aimonlyiim @plant.waters @siddhantm . All puys can contribute. Please tag others that may be interested that I missed.
Slot when planned revision should take place.
- 6-8pm
- 10-12pm
- 9-11pm
- 8-10pm
- 7-9pm
- 4-6pm
- 5-7pm
0 voters
Beneath the surface of conscious and volitional knowledge, however, lie the twin domains of the personal and ‘collective unconscious’ or “a structural layer of the human psyche containing inherited elements, distinct from the personal unconscious”. Socrates is famous for, among other things, recognizing that one knows but knows not that one knows. Such knowledge forms part of the personal unconsciousness and the Socratic method is a traditional way of raising such knowledge to consciousness.
So first question. When do we use article "the"? Always confused with this.
Hi All...I just found something strange...I have been practicing RC from "The Official Guide for GMAT 13th Edition" since 3 days and have concluded that I am always getting 100% accuracy with 100% attempts whereas in CL Mocks my accuracy ranges from 60-70%.
Can some one put some light on this matter that...whether the RC expected in this yrs CAT are to be of MOCK level or GMAT level? 😛
To those experts in grammar. how do you approach these questions. Eg.
Read all options first.
Then first check for articles--> tense error ---> Modifier error etc etc. Any short acronym for these steps.
I'd like to introduce you to an organism: a slime mold, Physarum polycephalum. It is a single-celled organism, a cell, that joins together with other cells to form a mass super-cell to maximize its resources. So within a slime mold you might find thousands or millions of nuclei, all sharing a cell wall, all operating as one entity. In its natural habitat, you might find the slime mold foraging in woodlands, eating rotting vegetation.
I found countless scientific studies, research papers, journal articles, all citing incredible work with this one organism, and I'm going to share a few of those with you. For example, a team in Hokkaido University in Japan filled a maze with slime mold. It joined together and formed a mass cell. They introduced food at two points, oats of course, and it formed a connection between the food. It retracted from empty areas and dead ends. There are four possible routes through this maze, yet time and time again, the slime mold established the shortest and the most efficient route. Quite clever. The conclusion from their experiment was that the slime mold had a primitive form of intelligence. Another study exposed cold air at regular intervals to the slime mold. It didn't like it. It doesn't like it cold. It doesn't like it dry. They did this at repeat intervals, and each time, the slime mold slowed down its growth in response. However, at the next interval, the researchers didn't put the cold air on, yet the slime mold slowed down in anticipation of it happening. It somehow knew that it was about the time for the cold air that it didn't like. The conclusion from their experiment was that the slime mold was able to learn. A third experiment: the slime mold was invited to explore a territory covered in oats. It fans out in a branching pattern. As it goes, each food node it finds, it forms a network, a connection to, and keeps foraging. After 26 hours, it established quite a firm network between the different oats. Now there's nothing remarkable in this until you learn that the center oat that it started from represents the city of Tokyo, and the surrounding oats are suburban railway stations. The slime mold had replicated the Tokyo transport network - (Laughter) - a complex system developed over time by community dwellings, civil engineering, urban planning. What had taken us well over 100 years took the slime mold just over a day. The conclusion from their experiment was that the slime mold can form efficient networks and solve the traveling salesman problem.
So the question is, how does this thing work? It doesn't have a central nervous system. It doesn't have a brain, yet it can perform behaviors that we associate with brain function. It can learn, it can remember, it can solve problems, it can make decisions. So where does that intelligence lie? So this is a microscopy, a video I shot, and it's about 100 times magnification, sped up about 20 times, and inside the slime mold, there is a rhythmic pulsing flow, a vein-like structure carrying cellular material, nutrients and chemical information through the cell, streaming first in one direction and then back in another. And it is this continuous, synchronous oscillation within the cell that allows it to form quite a complex understanding of its environment, but without any large-scale control center. This is where its intelligence lies.
Excerpted from a TED talk by Heather Barnett
A lot of experiments with animal life forms involve the use of a maze. What is the significance of the maze in such experiments?
A)
A test of physical activity
B)
A test of persistence
C)
An intelligence test
D)
Trial and error test in a confined space.
Through this passage, what is the message that Physarum polycephalumis trying to send across to homo sapiens?
A)
Cooperate or Perish
B)
Recycle to save the Globe
C)
Plan for Control
D)
To be effective, be efficient
QBased on your understanding of the passage, solve the analogy question below:
Physarum polycephalum : Human beingsA)
Ape : Man
B)
Synthesis : Analysis
C)
Plant : Animal
D)Wikipedia : Encyclopedia Britannica
Q All of the following questions are answered by the passage, EXCEPT
A)
How is the intelligence of the Physarum polycephalum different from our own notion of intelligence?
B)
How can we use the principles of intelligence of Physarum polycephalum in the fields of Artificial Intelligence and robotics?
C)
Why do the individual Physarum polycephalum form a super-cell?
D)
How do the individual Physarum polycephalum communicate with each other in the super-cell?
Don't put an (= any) article before a (= any) noun if the (= that) noun is preceded by:
a number
a possessive adjective ("my", "his", "our"...)
a "no", "some" or "any"
a "this", "that", "these" or "those"
examples:
- Give me a chair! (= any chair you like)
- Give me the chair! (= this chair)
- Give me that chair! (no article, you already specified which chair you mean)
- Give me my chair! (no article)
- Give me five chairs! (no article)
- Give me some chairs! (no article)
- Give me the chairs! (= these chairs)
- Give me these chairs! (no article)
- Give me a reason to hit you! (= any reason will do)
- Give me no reason to hit you! (no article because of "no")
- Give me no reason to hit you with a chair! (= any chair)
- Give me no reason to hit you with the chair! (= this chair)
New thread for the Planned Revision Session..
http://www.pagalguy.com/discussions/cat-va-qa-last-minute-revision-29964636
CAT 2014..
- 16 Afternoon slot
- Not Appearing
- 22 Morning slot
- 16 Morning slot
- 22 Afternoon slot
0 voters
Out of the options fill in the blank with the most appropriate one.
He does not smoke....................
1. nor he drinks.
2. nor he does drink.
3. neither he does drink.
4. nor does he drink.
5. None of these.
Q. Arrange the sentences B, C,D and E between the sentences A & F to form a logical sequence & to construct a coherent paragraph.
A. For the average Indian tourist, the mention of Indonesia conjures visions of Bali and a little less.
B. This aspect is evident in the low budget allocated each year to this sector.
C. With cash flow problems the airline has had to cut down its overseas operations.
D. Tourism has not been much of priority in this predominantly Muslim country of 210 million people.
E. The air connectivity through the national airline is also diminishing.
F. It is a pity since otherwise this largest archipelago in the world has much to offer to the international visitor.
http://englishgrammarlesson.blogspot.in/
https://www.youtube.com/channel/UCwA7FhAHLqqmjlVjhiwG8GQ
For those who missed the post, We are doing a last minute revision here:
http://www.pagalguy.com/discussions/cat-va-qa-last-minute-revision-29964636
Today's Topic : Grammar
PS : Do share your valuable revision repository if possible 😃
Out of the options fill in the blank with the most appropriate one.
The patient................if he had been taken to the hospital in time.
1. could have been saved.
2.could be saved
3. could save
4. had been saved
5. None of these.
http://englishgrammarlesson.blogspot.in/
https://www.youtube.com/channel/UCwA7FhAHLqqmjlVjhiwG8GQ
Out of the options fill in the blank with the most appropriate one.
He is quite well now,........
1.except a slight cold.
2. except with a slight cold.
3. except for a slight cold..
4.except of a slight cold.
5. None of these.
http://englishgrammarlesson.blogspot.in/
https://www.youtube.com/channel/UCwA7FhAHLqqmjlVjhiwG8GQ
ill do...............................section first in the exam:
- No strategy as such
- VALR
- Will toggle between the sections
- QADI
0 voters
(A
)
Women Army officers who believe that diamonds are a girl's best friend are going to be sorely
disappointed.
(B
)
While in uniform on parade with the troops only one signet ring can be worn on the left hand.
(C
)
Those with a liking for chunky jewellery will have to stash it away for social occasions, because the only concession the army makes to your femininity is that it allows you to wear a thin chain.
(D
)
The condescending attitude towards the miniscule community of women officers in the predominantly male environs of the armed forces is, of course, well known.
(E
)
But now the army has gone ahead and codified it in the book.
1. JFIJF 2. IFJJF 3. FFIJJ 4. JFIFF