TS ICET 30th September 2020 Shift-1

Instructions

Read the following passage and answer questions

Each of us has locked within us all that is necessary to achieve wealth and greatness. It's merely a matter of learning to use these hidden assets, of investing them so to speak, so we can cash in on them. The tragic thing is that so many go through life without ever putting them to use. Sometimes, trouble and adversity is necessa1y to make people use their resourcefulness and brain power to achieve success. A book keeper lost his job as Christmas was approaching. He had no money to buy his 10 year old son a gift. Instead of merely despairing, he went to work making the boy a gift. Using two wheels from a discarded baby carriage a few pieces of lumbar from the basement, and some bright red paint he constructed a toy that captured the attention of the entire neighbourhood. Other children wanted similar toys. The demand grew so fast that the unemployed book keeper turned his basement into a factory, then moved his production to a real industrial plant. The toy the book keeper designed was called the 'Scooter'. Have you searched carefully for any 'hidden' resources you've overlooked simply because they  weren't in some form you could bank immediately? Have you some plan or idea which might prove of great value if you brought it into the open and put it to use? Somewhere you have unused assets. Put them to work for you and make yourself financially independent.

Question 191

What are 'hidden assets'?

Video Solution
Question 192

What generall forces a person to exploit these 'assets'?

Video Solution
Question 193

How did the book keeper manage to give his son a gift?

Video Solution
Question 194

How did the book keeper become rich?

Video Solution
Question 195

How can one become financially independent.

Video Solution
Instructions

Read the following passage and answer questions

Leading investors have joined the growing chorus about governments and companies rusting into producing biofuels as a solution for global warming saying that many involved in the sector could be jeopardising future profits if they do not consider the long-term impact of what they are doing carefully.

It is essential to build sustainability criteria into the supply chain of the green fuel project in order to ensure that there is no adverse effect on the surrounding environment and social structures. The report produced by the investors expresses concern that many companies may not be fully aware of the potential pitfalls in the biofuel sector.

Production of corn and soya beans has increased dramatically in the last years as an eco-friendly alternative to fossil fuels but environmental and human rights campaigners are worried that this will lead to destruction of rain forests. Food prices could also go up as there is increased competition for crops as both food stuff and sources of fuel. Last week the UN warned that biofuels could have dangerous side effects and said that steps need to be taken to make sure that land converted to grow biofuels does not damage environment or cause civil unrest. There is already great concern about palm oil, which is used in many foods in addition to being an important biofuel, as rain forests are being cleared in some countries and people driven from their homes to create palm oil plantations.

An analyst and author of investors' report says that biofuels are not a cure for climate change but they can play their part as long as governments and companies manage the social and environmental impacts thoroughly. There should also be greater measure taken to increase efficiency and to reduce demand.

Question 196

Who are not happy about rushing into producing biofuels?

Video Solution
Question 197

Who are jeopardizing future profit ?

Video Solution
Question 198

"Potential pitfalls" means

Video Solution
Question 199

Increase in production of com and soya bean will not lead to

Video Solution
Question 200

Sustainability of supply chain in green fuel project is necessary for

Video Solution
cracku

Boost your Prep!

Download App