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Thursday 8 December 2011

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Wednesday 7 December 2011

Links to Admission sites of MBA institutes

Indian School of Business
ISB Hyderabad Admissions

XLRI, Jamshedpur
XLRI Admissions

Faculty of Management Studies, New Delhi
FMS Admissions

S.P. Jain Institute of Management and Research
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Management Development Institute, Gurgaon
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Indian Institute of Foreign Trade, Delhi and Kolkata
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Jamnalal Bajaj Institute of Management Studies
JBIMS

SIBM, Pune
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Shailesh J. Mehta School of Management, IIT Bombay
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IMT Ghaziabad
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TISS
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XIMB, Bhubaneshwar
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DMS IIT Delhi
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MICA Ahmedabad
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SCMHRD
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Vinod Gupta School of Management, IIT Kharagpur
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TAPMI
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IME, IIT KANPUR
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SIIB
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IMI DELHI
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Great Lakes Institute of Management, Chennai
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Goa Institute of Management
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DoMS, IIT Madras
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XIME
http://www.xime.org/pgdm.asp

LIBA
http://liba.edu/index.php?option=com_content&task=view&id=36&Itemid=49

FORE
http://fsm.ac.in/

DoMS IIT Roorkee
DoMS IIT Roorkee Admissions


TISS 2011 analysis

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Reading Comprehension 8


Virtually everything astronomers known about objects outside the solar system is based on the detection of photons—quanta of electromagnetic radiation. Yet there is another form of radiation that permeates the universe: neutrinos. With (as its name implies) no electric charge, and negligible mass, the neutrino interacts with other particles so rarely that a neutrino can cross the entire universe, even traversing substantial aggregations of matter, without being absorbed or even deflected. Neutrinos can thus escape from regions of space where light and other kinds of electromagnetic radiation are blocked by matter. Furthermore, neutrinos carry with them information about the site and circumstances of their production: therefore, the detection of cosmic neutrinos could provide new information about a wide variety of cosmic phenomena and about the history of the universe.
But how can scientists detect a particle that interacts so infrequently with other matter? Twenty-five years passed between Pauli’s hypothesis that the neutrino existed and its actual detection: since then virtually all research with neutrinos has been with neutrinos created artificially in large particle accelerators and studied under neutrino microscopes. But a neutrino telescope, capable of detecting cosmic neutrinos, is difficult to construct. No apparatus can detect neutrinos unless it is extremely massive, because great mass is synonymous with huge numbers of nucleons (neutrons and protons), and the more massive the detector, the greater the probability of one of its nucleon’s reacting with a neutrino. In addition, the apparatus must be sufficiently shielded from the interfering effects of other particles.
Fortunately, a group of astrophysicists has proposed a means of detecting cosmic neutrinos by harnessing the mass of the ocean. Named DUMAND, for Deep Underwater Muon (muon: n. μ介子) and Neutrino Detector, the project calls for placing an array of light sensors at a depth of five kilometers under the ocean surface. The detecting medium is the seawater itself: when a neutrino interacts with a particle in an atom of seawater, the result is a cascade of electrically charged particles and a flash of light that can be detected by the sensors. The five kilometers of seawater above the sensors will shield them from the interfering effects of other high-energy particles raining down through the atmosphere.
The strongest motivation for the DUMAND project is that it will exploit an important source of information about the universe. The extension of astronomy from visible light to radio waves to x-rays and gamma rays never failed to lead to the discovery of unusual objects such as radio galaxies, quasars, and pulsars. Each of these discoveries came as a surprise. Neutrino astronomy will doubtless bring its own share of surprises.

Questions:

1.     Which of the following titles best summarizes the passage as a whole?
(A) At the Threshold of Neutrino Astronomy
(B) Neutrinos and the History of the Universe
(C) The Creation and Study of Neutrinos
(D) The DUMAND System and How It WorksA
(E) The Properties of the Neutrino
2.     With which of the following statements regarding neutrino astronomy would the author be most likely to agree?
(A) Neutrino astronomy will supersede all present forms of astronomy.
(B) Neutrino astronomy will be abandoned if the DUMAND project fails.
(C) Neutrino astronomy can be expected to lead to major breakthroughs in astronomy.
(D) Neutrino astronomy will disclose phenomena that will be more surprising than past discoveries.C
(E) Neutrino astronomy will always be characterized by a large time lag between hypothesis and experimental confirmation.
3.     In the last paragraph, the author describes the development of astronomy in order to
(A) suggest that the potential findings of neutrino astronomy can be seen as part of a series of astronomical successes
(B) illustrate the role of surprise in scientific discovery
(C) demonstrate the effectiveness of the DUMAND apparatus in detecting neutrinos
(D) name some cosmic phenomena that neutrino astronomy will illuminateA
(E) contrast the motivation of earlier astronomers with that of the astrophysicists working on the DUMAND project
4.     According to the passage, one advantage that neutrinos have for studies in astronomy is that they
(A) have been detected for the last twenty-five years
(B) possess a variable electric charge
(C) are usually extremely massive
(D) carry information about their history with themD
(E) are very similar to other electromagnetic particles
5.     According to the passage, the primary use of the apparatus mentioned in lines 24-32 would be to
(A) increase the mass of a neutrino
(B) interpret the information neutrinos carry with them
(C) study the internal structure of a neutrino
(D) see neutrinos in distant regions of spaceE
(E) detect the presence of cosmic neutrinos
6.     The passage states that interactions between neutrinos and other matter are
(A) rare
(B) artificial
(C) undetectable
(D) unpredictableA
(E) hazardous
7.     The passage mentions which of the following as a reason that neutrinos are hard to detect?
(A) Their pervasiveness in the universe
(B) Their ability to escape from different regions of space
(C) Their inability to penetrate dense matter
(D) The similarity of their structure to that of nucleonsE
(E) The infrequency of their interaction with other matter
8.     According to the passage, the interaction of a neutrino with other matter can produce
(A) particles that are neutral and massive
(B) a form of radiation that permeates the universe
(C) inaccurate information about the site and circumstances of the neutrino’s production
(D) charged particles and lightD
(E) a situation in which light and other forms of electromagnetic radiation are blocked
9.     According to the passage, one of the methods used to establish the properties of neutrinos was
(A) detection of photons
(B) observation of the interaction of neutrinos with gamma rays
(C) observation of neutrinos that were artificially created
(D) measurement of neutrinos that interacted with particles of seawaterC
(E) experiments with electromagnetic radiation


Answers:

1.         A
2.         C
3.         A
4.         D
5.         E
6.         A
7.         E
8.         D
9.         C


Reading Comprehension 7


Between the eighth and eleventh centuries A. D., the Byzantine Empire staged (to produce or cause to happen for public view or public effect “stage a track meet” “stage a hunger strike”) an almost unparalleled economic and cultural revival, a recovery that is all the more striking because it followed a long period of severe internal decline. By the early eighth century, the empire had lost roughly two-thirds of the territory it had possessed in the year 600, and its remaining area was being raided by Arabs and Bulgarians, who at times (at times: adv.有时, 不时) threatened to take Constantinople and extinguish the empire altogether. The wealth of the state and its subjects was greatly diminished, and artistic and literary production had virtually ceased. By the early eleventh century, however, the empire had regained almost half of its lost possessions, its new frontiers were secure, and its influence extended far beyond its borders. The economy had recovered, the treasury was full, and art and scholarship had advanced.
To consider the Byzantine military, cultural, and economic advances as differentiated aspects of a single phenomenon is reasonable. After all, these three forms of progress have gone together in a number of states and civilizations. Rome under Augustus and fifth-century Athens provide the most obvious examples in antiquity. Moreover, an examination of the apparent sequential connections among military, economic, and cultural forms of progress might help explain the dynamics of historical change.
The common explanation of these apparent connections in the case of Byzantium would run like this: when the empire had turned back enemy raids on its own territory and had begun to raid and conquer enemy territory, Byzantine resources naturally expanded and more money became available to patronize art and literature. Therefore, Byzantine military achievements led to economic advances, which in turn led to cultural revival.
No doubt this hypothetical pattern did apply at times during the course of the recovery. Yet it is not clear that military advances invariably came first, economic advances second, and intellectual advances third. In the 860’s the Byzantine Empire began to recover from Arab incursions so that by 872 the military balance with the Abbasid Caliphate had been permanently altered in the empire’s favor. The beginning of the empire’s economic revival, however, can be placed between 810 and 830. Finally, the Byzantine revival of learning appears to have begun even earlier. A number of notable scholars and writers appeared by 788 and, by the last decade of the eighth century, a cultural revival was in full bloom (in full bloom: adv.开着花), a revival that lasted until the fall of Constantinople in 1453. Thus the commonly expected order of military revival followed by economic and then by cultural recovery was reversed in Byzantium. In fact, the revival of Byzantine learning may itself have influenced the subsequent economic and military expansion.

Questions:

1.     Which of the following best states the central idea of the passage?
(A) The Byzantine Empire was a unique case in which the usual order of military and economic revival preceding cultural revival was reversed.
(B) The economic, cultural, and military revival in the Byzantine Empire between the eighth and eleventh centuries was similar in its order to the sequence of revivals in Augustan Rome and fifth century Athens.
(C) After 810 Byzantine economic recovery spurred a military and, later, cultural expansion that lasted until 1453.
(D) The eighth-century revival of Byzantine learning is an inexplicable phenomenon, and its economic and military precursors have yet to be discovered.E
(E) The revival of the Byzantine Empire between the eighth and eleventh centuries shows cultural rebirth preceding economic and military revival, the reverse of the commonly accepted order of progress.
2.     The primary purpose of the second paragraph is which of the following?
(A) To establish the uniqueness of the Byzantine revival
(B) To show that Augustan Rome and fifth-century Athens are examples of cultural, economic, and military expansion against which all subsequent cases must be measured
(C) To suggest that cultural, economic, and military advances have tended to be closely interrelated in different societies
(D) To argue that, while the revivals of Augustan Rome and fifth-century Athens were similar, they are unrelated to other historical examplesC
(E) To indicate that, wherever possible, historians should seek to make comparisons with the earliest chronological examples of revival
3.     It can be inferred from the passage that by the eleventh century the Byzantine military forces
(A) had reached their peak and begun to decline
(B) had eliminated the Bulgarian army
(C) were comparable in size to the army of Rome under Augustus
(D) were strong enough to withstand the Abbasid Caliphate’s military forcesD
(E) had achieved control of Byzantine governmental structures
4.     It can be inferred from the passage that the Byzantine Empire sustained significant territorial losses
(A) in 600
(B) during the seventh century
(C) a century after the cultural achievements of the Byzantine Empire had been lost
(D) soon after the revival of Byzantine learningB
(E) in the century after 873
5.     In the third paragraph, the author most probably provides an explanation of the apparent connections among economic, military, and cultural development in order to
(A) suggest that the process of revival in Byzantium accords with this model
(B) set up an order of events that is then shown to be not generally applicable to the case of Byzantium
(C) cast aspersions on traditional historical scholarship about Byzantium
(D) suggest that Byzantium represents a case for which no historical precedent existsB
(E) argue that military conquest is the paramount element in the growth of empires
6.     Which of the following does the author mention as crucial evidence concerning the manner in which the Byzantine revival began?
(A) The Byzantine military revival of the 860’s led to economic and cultural advances.
(B) The Byzantine cultural revival lasted until 1453.
(C) The Byzantine economic recovery began in the 900’s.
(D) The revival of Byzantine learning began toward the end of the eighth century.D
(E) By the early eleventh century the Byzantine Empire had regained much of its lost territory.
7.     According to the author, “The common explanation” (line 28) of connections between economic, military, and cultural development is
(A) revolutionary and too new to have been applied to the history of the Byzantine Empire
(B) reasonable, but an antiquated theory of the nature of progress
(C) not applicable to the Byzantine revival as a whole, but does perhaps accurately describe limited periods during the revival
(D) equally applicable to the Byzantine case as a whole and to the history of military, economic, and cultural advances in ancient Greece and RomeC
(E) essentially not helpful, because military, economic, and cultural advances are part of a single phenomenon



Answers:
1.         E
2.         C
3.         D
4.         B
5.         B
6.         D
7.         C




Reading Comprehension 6


In the eighteenth century, Japan’s feudal overlords, from the shogun (shogun: n.<>幕府时代的将军) to the humblest samurai (samurai: n.(封建时代的)日本武士,日本陆军军官), found themselves under financial stress. In part, this stress can be attributed to the overlords’ failure to adjust to a rapidly expanding economy, but the stress was also due to factors beyond the overlords’ control. Concentration of the samurai in castle-towns had acted as a stimulus to trade. Commercial efficiency, in turn, had put temptations in the way of buyers. Since most samurai had been reduced to idleness by years of peace, encouraged to engage in scholarship and martial exercises or to perform administrative tasks that took little time, it is not surprising that their tastes and habits grew expensive. Overlords’ income, despite the increase in rice production among their tenant farmers, failed to keep pace with their expenses. Although shortfalls in overlords’ income resulted almost as much from laxity among their tax collectors (the nearly inevitable outcome of hereditary office-holding) as from their higher standards of living, a misfortune like a fire or flood, bringing an increase in expenses or a drop in revenue, could put a domain in debt to the city rice-brokers who handled its finances. Once in debt, neither the individual samurai nor the shogun himself found it easy to recover.
It was difficult for individual samurai overlords to increase their income because the amount of rice that farmers could be made to pay in taxes was not unlimited, and since the income of Japan’s central government consisted in part of taxes collected by the shogun from his huge domain, the government too was constrained. Therefore, the Tokugawa shoguns began to look to other sources for revenue. Cash profits from government-owned mines were already on the decline because the most easily worked deposits of silver and gold had been exhausted, although debasement of the coinage had compensated for the loss. Opening up new farmland was a possibility, but most of what was suitable had already been exploited and further reclamation was technically unfeasible. Direct taxation of the samurai themselves would be politically dangerous. This left the shoguns only commerce as a potential source of government income.
Most of the country’s wealth, or so it seemed, was finding its way into the hands of city merchants. It appeared reasonable that they should contribute part of that revenue to ease the shogun’s burden of financing the state. A means of obtaining such revenue was soon found by levying forced loans, known as goyo-kin; although these were not taxes in the strict sense, since they were irregular in timing and arbitrary in amount, they were high in yield. Unfortunately, they pushed up prices. Thus, regrettably, the Tokugawa shoguns’ search for solvency for the government made it increasingly difficult for individual Japanese who lived on fixed stipends to make ends meet.

Questions:
1.     The passage is most probably an excerpt from
(A) an economic history of Japan
(B) the memoirs of a samurai warrior
(C) a modern novel about eighteenth-century Japan
(D) an essay contrasting Japanese feudalism with its Western counterpartA
(E) an introduction to a collection of Japanese folktales
2.     Which of the following financial situations is most analogous to the financial situation in which Japan’s Tokugawa shoguns found themselves in the eighteenth century?
(A) A small business borrows heavily to invest in new equipment, but is able to pay off its debt early when it is awarded a lucrative government contract.
(B) Fire destroys a small business, but insurance covers the cost of rebuilding.
(C) A small business is turned down for a loan at a local bank because the owners have no credit history.
(D) A small business has to struggle to meet operating expenses when its profits decrease.D
(E) A small business is able to cut back sharply on spending through greater commercial efficiency and thereby compensate for a loss of revenue.
3.     Which of the following best describes the attitude of the author toward the samurai discussed in lines 11-16?
(A) Warmly approving
(B) Mildly sympathetic
(C) Bitterly disappointed
(D) Harshly disdainfulB
(E) Profoundly shocked
4.     According to the passage, the major reason for the financial problems experienced by Japan’s feudal overlords in the eighteenth century was that
(A) spending had outdistanced income
(B) trade had fallen off
(C) profits from mining had declined
(D) the coinage had been sharply debasedA
(E) the samurai had concentrated in castle-towns
5.     The passage implies that individual samurai did not find it easy to recover from debt for which of the following reasons?
(A) Agricultural production had increased.
(B) Taxes were irregular in timing and arbitrary in amount.
(C) The Japanese government had failed to adjust to the needs of a changing economy.
(D) The domains of samurai overlords were becoming smaller and poorer as government revenues increased.E
(E) There was a limit to the amount in taxes that farmers could be made to pay.
6.     The passage suggests that, in eighteenth-century Japan, the office of tax collector
(A) was a source of personal profit to the officeholder
(B) was regarded with derision by many Japanese
(C) remained within families
(D) existed only in castle-townsC
(E) took up most of the officeholder’s time
7.     Which of the following could best be substituted for the word “This” in line 47 without changing the meaning of the passage?
(A) The search of Japan’s Tokugawa shoguns for solvency
(B) The importance of commerce in feudal Japan
(C) The unfairness of the tax structure in eighteenth century Japan
(D) The difficulty of increasing government income by other meansD
(E) The difficulty experienced by both individual samurai and the shogun himself in extricating themselves from debt
8.     The passage implies that which of the following was the primary reason why the Tokugawa shoguns turned to city merchants for help in financing the state?
(A) A series of costly wars had depleted the national treasury.
(B) Most of the country’s wealth appeared to be in city merchants’ hands.
(C) Japan had suffered a series of economic reversals due to natural disasters such as floods.
(D) The merchants were already heavily indebted to the shoguns.B
(E) Further reclamation of land would not have been economically advantageous.
9.     According to the passage, the actions of the Tokugawa shoguns in their search for solvency for the government were regrettable because those actions
(A) raised the cost of living by pushing up prices
(B) resulted in the exhaustion of the most easily worked deposits of silver and gold
(C) were far lower in yield than had originally been anticipated
(D) did not succeed in reducing government spendingA
(E) acted as a deterrent to trade



Answers:
1.         A
2.         D
3.         B
4.         A
5.         E
6.         C
7.         D
8.         B
9.         A


Reading Comprehension 5


How many really suffer as a result of labor market problems? This is one of the most critical yet contentious social policy questions. In many ways, our social statistics exaggerate the degree of hardship. Unemployment does not have the same dire consequences today as it did in the 1930’s when most of the unemployed were primary breadwinners, when income and earnings were usually much closer to the margin of subsistence, and when there were no countervailing social programs for those failing in the labor market. Increasing affluence, the rise of families with more than one wage earner, the growing predominance of secondary earners among the unemployed, and improved social welfare protection have unquestionably mitigated the consequences of joblessness. Earnings and income data also overstate the dimensions of hardship. Among the millions with hourly earnings at or below the minimum wage level, the overwhelming majority are from multiple-earner, relatively affluent families. Most of those counted by the poverty statistics are elderly or handicapped or have family responsibilities which keep them out of the labor force, so the poverty statistics are by no means an accurate indicator of labor market pathologies.
Yet there are also many ways our social statistics underestimate the degree of labor-market-related hardship. The unemployment counts exclude the millions of fully employed workers whose wages are so low that their families remain in poverty. Low wages and repeated or prolonged unemployment frequently interact to undermine the capacity for self-support. Since the number experiencing joblessness at some time during the year is several times the number unemployed in any month, those who suffer as a result of forced idleness can equal or exceed average annual unemployment, even though only a minority of the jobless in any month really suffer. For every person counted in the monthly unemployment tallies, there is another working part-time because of the inability to find full-time work, or else outside the labor force but wanting a job. Finally, income transfers in our country have always focused on the elderly, disabled, and dependent, neglecting the needs of the working poor, so that the dramatic expansion of cash and in-kind transfers does not necessarily mean that those failing in the labor market are adequately protected.
As a result of such contradictory evidence, it is uncertain whether those suffering seriously as a result of labor market problems number in the hundreds of thousands or the tens of millions, and, hence, whether high levels of joblessness can be tolerated or must be countered by job creation and economic stimulus. There is only one area of agreement in this debate—that the existing poverty, employment, and earnings statistics are inadequate for one their primary applications, measuring the consequences of labor market problems.

Questions:
1.     Which of the following is the principal topic of the passage?
(A) What causes labor market pathologies that result in suffering
(B) Why income measures are imprecise in measuring degrees of poverty
(C) Which of the currently used statistical procedures are the best for estimating the incidence of hardship that is due to unemployment
(D) Where the areas of agreement are among poverty, employment, and earnings figuresE
(E) How social statistics give an unclear picture of the degree of hardship caused by low wages and insufficient employment opportunities
2.     The author uses “labor market problems” in lines 1-2 to refer to which of the following?
(A) The overall causes of poverty
(B) Deficiencies in the training of the work force
(C) Trade relationships among producers of goods
(D) Shortages of jobs providing adequate incomeD
(E) Strikes and inadequate supplies of labor
3.     The author contrasts the 1930’s with the present in order to show that
(A) more people were unemployed in the 1930’s
(B) unemployment now has less severe effects
(C) social programs are more needed now
(D) there now is a greater proportion of elderly and handicapped people among those in povertyB
(E) poverty has increased since the 1930’s
4.     Which of the following proposals best responds to the issues raised by the author?
(A) Innovative programs using multiple approaches should be set up to reduce the level of unemployment.
(B) A compromise should be found between the positions of those who view joblessness as an evil greater than economic control and those who hold the opposite view.
(C) New statistical indices should be developed to measure the degree to which unemployment and inadequately paid employment cause suffering.
(D) Consideration should be given to the ways in which statistics can act as partial causes of the phenomena that they purport to measure.C
(E) The labor force should be restructured so that it corresponds to the range of job vacancies.
5.     The author’s purpose in citing those who are repeatedly unemployed during a twelve-month period is most probably to show that
(A) there are several factors that cause the payment of low wages to some members of the labor force
(B) unemployment statistics can underestimate the hardship resulting from joblessness
(C) recurrent inadequacies in the labor market can exist and can cause hardships for individual workers
(D) a majority of those who are jobless at any one time to not suffer severe hardshipB
(E) there are fewer individuals who are without jobs at some time during a year than would be expected on the basis of monthly unemployment figures
6.     The author states that the mitigating effect of social programs involving income transfers on the income level of low-income people is often not felt by
(A) the employed poor
(B) dependent children in single-earner families
(C) workers who become disabled
(D) retired workersA
(E) full-time workers who become unemployed
7.     According to the passage, one factor that causes unemployment and earnings figures to overpredict the amount of economic hardship is the
(A) recurrence of periods of unemployment for a group of low-wage workers
(B) possibility that earnings may be received from more than one job per worker
(C) fact that unemployment counts do not include those who work for low wages and remain poor
(D) establishment of a system of record-keeping that makes it possible to compile poverty statisticsE
(E) prevalence, among low-wage workers and the unemployed, of members of families in which others are employed
8.     The conclusion stated in lines 33-39 about the number of people who suffer as a result of forced idleness depends primarily on the point that
(A) in times of high unemployment, there are some people who do not remain unemployed for long
(B) the capacity for self-support depends on receiving moderate-to-high wages
(C) those in forced idleness include, besides the unemployed, both underemployed part-time workers and those not actively seeking work
(D) at different times during the year, different people are unemployedD
(E) many of those who are affected by unemployment are dependents of unemployed workers
9.     Which of the following, if true, is the best criticism of the author’s argument concerning why poverty statistics cannot properly be used to show the effects of problems in the labor market?
(A) A short-term increase in the number of those in poverty can indicate a shortage of jobs because the basic number of those unable to accept employment remains approximately constant.
(B) For those who are in poverty as a result of joblessness, there are social programs available that provide a minimum standard of living.
(C) Poverty statistics do not consistently agree with earnings statistics, when each is taken as a measure of hardship resulting from unemployment.
(D) The elderly and handicapped categories include many who previously were employed in the labor market.A
(E) Since the labor market is global in nature, poor workers in one country are competing with poor workers in another with respect to the level of wages and the existence of jobs.




Answers:
1.         E
2.         D
3.         B
4.         C
5.         B
6.         A
7.         E
8.         D
9.         A