Para Jumbles Questions and Answers

P. As officials, their vision of a country shouldn't run too far beyond that of the local people with whom they have to deal.
Q. Ambassadors have to choose their words.
R. To say what they feel they have to say, they appear to be denying or ignoring part of what they know.
S. So, with ambassadors as with other expatriates in black Africa, there appears at a first Meeting a kind of ambivalence.
T. They do a specialized job and it is necessary for them to live ceremonial lives.

P.This fact was established in the 1730s by French survey expeditions to Ecuador near the Equator and Lapland in the Arctic, which found that around the middle of the earth the arc was about a kilometer shorter.
Q. One of the unsettled scientific questions in the late 18th century was that exact nature of the shape of the earth.
R. The length of one-degree arc would be less near the equatorial latitudes than at the poles.
S. One way of doing that is to determine the length of the arc along a chosen longitude or Meridian at one degree latitude separation.
T. While it was generally known that the earth was not a sphere but an 'oblate spheroid', more curved at the equator and flatter at the poles, the question of 'how much more' was yet to be established.

P. This is now orthodoxy to which I subscribe - up to a point.
Q. It emerged from the mathematics of chance and statistics.
R. Therefore the risk is measurable and manageable.
S. The fundamental concept: Prices are not predictable, but the mathematical laws of chance can describe their fluctuations.
T. This is how what business schools now call modem finance was born.

earcher.
Q. And when screw-ups happen, it’s usually because the consumer has not been researched adequately.
R. For instance, at her employer WPP Media World Wide, where Byfield heads consumer insight, there’s more than $16 billion (Rs.76,464 crore) of advertising spend at stake each year.
S. Says, Byfield : “We have enough of data, but sometimes we may be lacking in, insights.”
T. When Sheila Byfield began researching media 12 years ago, it was a job that got the smallest and the remotest cabin in the offices of major advertising agencies.

P. The concept is termed 'intellectual' because it applies to products of the mind and 'property' because the products belong to the person whose mental efforts created them
Q. What exactly is intellectual property?
R. Control over access to certain types of knowledge /information is referred to as intellectual property
S. Knowledge is free but its flow is restricted
T. The 20th century could be summed up as the age of information revolution

P. Investment banking income -- primarily fees from putting together initial public offerings and other deals -- is very volatile.
Q. Like many financial-services companies, Merrill has long wrestled with the cyclical nature of revenues.
R. One reason, says Wharton finance professor Jeremy Siegel , "is the fact that the large brokerage firms have not done well. Anyone who objectively looks at them sees that very few have done well. The fees are high and the performance is extremely mediocre."
S. Trading on the firm's own account creates gains in some years, losses in others. Commission revenue depends on investors' eagerness to trade, which varies as the market goes up or down.
T. The specialists, such as free-standing mutual fund companies like Fidelity and Vanguard, have done far better at attracting fund investors than the multi-function firms like Merri

P. But he is also thought to be indecisive and too much of a micro-manager.
Q. He is intellectually curious, more comfortable in the spotlight than Miss Megawati, and widely viewed as a man of integrity who would be strong in times of crisis.
R. This is amply reflected in the understanding that he won the election on character, not ideology.
S. Though Indonesia’s voters have now signaled that they want change at the top too, it is not clear that Mr Yudhoyono can deliver on this mandate.
T. Besides these personality traits, his party worries that there is not much to separate him from Miss Megawati on policy.

P. According to estimates, its mobile services fetched about Rs.25 lakh a month in 2002.
Q. The question, however, is this : will the Indian market ever be big enough for the 600-pound gorilla of the internet ?
R. The only area where things have clicked for the company is in internet to mobile services, where it has a range of clients, including new ones such as Airtel and RPG.
S. In this segment, Yahoo India offers news, SMS, and downloads of ringtones and screensavers.
T. This may well grow, given that mobile subscriber base in India is clipping and at last count had crossed the marginal 10-million mark.

P. For seamers, the plus is the pitch is not gripping the ball as hard, ergo skid, therefore a marginal increase in pace off the deck.
Q.In this innings, he has been reduced to trundling.
R. Against that, as the moisture has dried up, the seam and cut has noticeably reduced, and that should continue.
S. In the first innings, he looked almost unplayable-- the ball was darting around both ways; the odd one was bouncing just the little bit extra to find the high edges for the carry, and there was movement off the seam.
T. The best sign of what is happening is the bowling of Dwayne Bravo.

P. For the artists it is an entry to the big world.
Q. “These are like reminders of great conversations over good food–almost akin to buying a souvenir on a holiday,” says A.D. Singh, owner of Olive, a restaurant in Mumbai.
R. Put up a painting on the walls, a sculpture or anything interesting and it pushes up the hip factor.
S. Restaurants are not just about great food anymore–also crucial is a fresh concept.
T. Plus, the restaurateurs insist, their parents are more likely to pick up a buy in the eatery than in a gallery.