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How Adar Poonawalla Spends His Billions ...

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Economic liberalization and globalization have put pressures on Indian industry particularly on the service sector, to offerquality products and services at lowcosts and with high speed. Organizations have to compete with unequal partners from abroad. It is well recognized that developing countries like India are already behind other countries technologically, in many areas, although some of them, particularly India, boast of huge scientific and technical manpower. In addition to this, if an entrepreneur or industrialist has to spend a lot of his time, money and energy in dealing with unpredictable services and in negotiating with the local bureaucracy, it can have a significant dampening effect on business. Indian service industry was more comfortable before economic liberalization.

Amit travelled back to home in a car, after visiting his friend in a distant village. When started at his friend's house the car had exactly 18 litres of petrol in it. He travelled along at steady 40 kilometres per hour and managed 10 kilometres per litre of petrol. As the car was old, the fuel tank lost fuel at the rate of half a litre per hour. Amit was lucky as his car stopped just in from of his home because it had run out of fuel and he only just made it. How far was it from his friend's home to Amit's home? 150\ k m b. \ 170\ k m c. 180\ k m d. none of these

After completing the course of Hotel Management Rahul plans to start his own Hotel, he plans to hire a team experts to give his guests a unique and unforgettable experience. Keeping in mind their budgets. Before starting the business he visited his home town to take blessings of his father. His father told him that success of business depends on how well finance is invested in assets and operations and how timely and economically finance are arranged from outside or from with in the business. He guided him that he should always spend time in identifying different available sources of finance and comparing them in terms of their costs and associated risks. The returns from investment should always exceed the cost of investment. In the above context financial (i) Identify the concept discussed above which has direct bearing on the financial health of a business. Outline the key objective of concept identified in part (i).

A person spends 80% of his income . If his income increase by 35% and his expenditure increases by 37 (1)/(2)% . By how much percent of his saving will increase or decreases ?

Comprehension: In the following passage some words have been deleted. Fill in the blanks with the help of the alternatives given. Select the most appropriate option for each blank. Bill Gates is the second-richest (1) ______ in the world. He is (2) ______ an estimated $ 103 billion. His wealth (3) ______ only by Jeff Bezos, (4) ______ has a current net worth of $ 116 billion. Gates is (5) ______ rich that an average American spending $ 1 is similar to Gates spending $ 1.06 million. Select the most appropriate option for blank No. 3.

Comprehension: In the following passage some words have been deleted. Fill in the blanks with the help of the alternatives given. Select the most appropriate option for each blank. Bill Gates is the second-richest (1) ______ in the world. He is (2) ______ an estimated $ 103 billion. His wealth (3) ______ only by Jeff Bezos, (4) ______ has a current net worth of $ 116 billion. Gates is (5) ______ rich that an average American spending $ 1 is similar to Gates spending $ 1.06 million. Select the most appropriate option for blank No. 4.