381: The term "Prisoner's Dilemma" is associated with which one of the following?
(a) A technique in glass manufacture
(b) A term used in shipping industry
(c) A situation under the Game Theory
(d) Name of a supercomputer
Explanation:
The Prisoner's Dilemma constitutes a problem in game theory. It was originally framed by Merrill Flood and Melvin Dresher working at RAND in 1950. Albert W. Tucker formalized the game with prison sentence payoffs and gave it the "Prisoner's Dilemma" name (Poundstone, 1992).
382: Consider the following statements:
India continues to be dependent on imports to meet the requirement of oilseeds in the country because:
1. Farmers prefer to grow food grains with highly remunerative support prices.
2. Most of the cultivation of oilseed crops continues to be dependent on rainfall.
3. Oils from the seeds of tree origin and rice bran have remained unexploited.
4. It is far cheaper to import oilseeds than to cultivate the oilseed crops.
Which of the statements given above are correct?
(a) 1 and 2
(b) 1, 2 and 3
(c) 3 and 4
(d) 1, 2, 3 and 4
Explanation:
Import of oilseeds is not cheaper than cultivation of oilseed crops.
383: With reference to India, which one of the following statements is not correct?
(a) IPCL is India's largest petro-chemical company
(b) RIL is the largest private sector company in India
(c) MTNL is listed on NYSE
(d) NSNL is the first telecom service organization in India to launch a nationwide cellular service at one time
Explanation:
IPCL is not India's largest petro-chemical company. Recently, it was taken over by RIL (Reliance Industries Limited).
384: Match List I with List II and select the correct answer using the codes given below the Lists :
List I---------------- List II
(Industries)--------------- (Industrial Centres)
I. Pearl fishing--------- (A) Pune
II. Automobiles---------- (B) Tuticorin
III. Ship-building----------- (C) Pinjore
IV. Engineering goods---------- (D) Marmagao
Codes:
(a) I-B, II-A, III-D, IV-C
(b) I-B, II-A, III-C, IV-D
(c) I-A, II-B, III-D, IV-C
(d) I-A, II-B, III-C, IV-D
385: Indias ranking in the Ease of Doing Business Index is sometimes seen in the news. Which of the following has declared that ranking?
(a) Organization for Economic Cooperation and Development (OECD)
(b) World Economic Forum
(c) World Bank
(d) World Trade Organization (WTO)