Goa University 2009 Post Graduate Diploma Management Candidates who aspire to get admission in the Institute have to sit for the XLRI Admissions Test (XAT) conducted by XLRI, Jamshedpur. - Question Pa

reducing inflation.
24. Many entrepreneurs try to control the composition of their boards of directors, but more
experienced entrepreneurs tend to share control, inviting participation from institutional
investors and outside directors.
Which choice best summarizes the idea that might be guiding experienced entrepreneurs

behaviour?
A. The experienced entrepreneurs expect experienced directors to monitor the performance of
the enterprise and be a sounding board.
B. The experienced entrepreneurs expect the institutional investors to support the opinion of
entrepreneurs on all major decisions.
C. The experienced entrepreneurs expect the institutional investors and outside directors to agree
to higher remuneration for the board members.
D. Experienced entrepreneurs expect the experienced directors to engage in day-to-day
management of the company.
E. More the number of influential people on board, the easier it is to raise finances.
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25. "There is nothing so stupid as an educated man, if you can get him off the thing he was
educated in."
Which of the following, if true, most seriously undermines the author
s contention?
A. actual education implies a well-rounded exposure to major subjects.
B. An educated man will not explain things which he does not understand.
C. The cost of a general education has led to the unfortunate fact that a person
s education is
confined to 1 field.
D. Stupidity, like intelligence, is relative and therefore depends on the intelligence of the
persons
peers.
E. Education is 1 of the main causes of people recognizing their capabilities and developing
them further.
26. Ram, an economist, and Ramesh, an astrologer, had a debate. Ram stated "Astrology does not
work. It just cannot predict." "It can predict better than your subject" rebutted Ramesh.
The evidence that best resolves the above debate will be:
A. Conduct a survey among scientists asking which 1 of the 2 should be considered as a
science.
B. Compare past performance of astrologers and economists in terms of number of predictions
which have come actual.
C. Conduct a survey among economists asking their opinion regarding the ability of economic
theory to predict economic phenomena.
D. Conduct an experiment where both astrologers and economists would be asked to predict the
future. Compare the number of predictions that come actual.

Earning:   Approval pending.