CAT VARC QUIZ 19

Direction for Reading Comprehension : The passage given here are followed by somequestions that have four answer choices; read the passage carefully and pick the option whose answer best aligns with the passage.

Apple’s stock market value, peaking to \$3 trillion on Monday, hasn’t fallen far from the tree. Rapid digitisation along with the pandemic, has accelerated the iPhone maker’s share price --leaving it up more than 200%since the lockdown in march 2020. Investors are reportedly fleeing to the safety of apple’s stocks in an uncertain global economy. The good news is the rally has been accompanied by steady of revenue growth and profitability. Amazon,Google parent company Alphabet and Microsoft too have market caps exceeding \$1 trillion, underlining how Big Tech has been increasing its clout globally. Apple leads this wolf pack. Full credit goes to the company’s drive for innovation and hard-nosed consumer sense.

Apple has reportedly spent more than \$ 82 billon on R&D over past five years, upping it each year the way some countries increases their defence budget. Steve Jobs had bet that consumers would be ready to pay and pay good, when commoditisation becomes popular practice in the hardware industry. When the iPhone was launched in January 2007,Apple was valued at \$73.4billion. This iconic product continues to post robust growth today. Apple maintains tight control and integration between hardware and software for performance and intellectual property protection. What has stood out this year is the payoff it has received by introducing its own M1processor in the new series of Mac computers.

But Apple is not without problem --and rivals. Its upcoming virtual and augmented reality (VR/AR) headsets will vie with gear from Meta Platforms. Investor worries over Apple having peaked its user base -with no guarantee that future product categories will deliver another iPhone -are not entirely misplaced. Apple’s current valuation is seen in these circles as a product of economic crisis and investor panic due to lack of consumer options. But if there’s one company that has shown innovation, imagination and the power of the brand, it is this shiny fruit of a tech company, that is so much more than just a tech company today.

What is M1 processor ?

Direction for Reading Comprehension : The passage given here are followed by somequestions that have four answer choices; read the passage carefully and pick the option whose answer best aligns with the passage.

Apple’s stock market value, peaking to \$3 trillion on Monday, hasn’t fallen far from the tree. Rapid digitisation along with the pandemic, has accelerated the iPhone maker’s share price --leaving it up more than 200%since the lockdown in march 2020. Investors are reportedly fleeing to the safety of apple’s stocks in an uncertain global economy. The good news is the rally has been accompanied by steady of revenue growth and profitability. Amazon,Google parent company Alphabet and Microsoft too have market caps exceeding \$1 trillion, underlining how Big Tech has been increasing its clout globally. Apple leads this wolf pack. Full credit goes to the company’s drive for innovation and hard-nosed consumer sense.

Apple has reportedly spent more than \$ 82 billon on R&D over past five years, upping it each year the way some countries increases their defence budget. Steve Jobs had bet that consumers would be ready to pay and pay good, when commoditisation becomes popular practice in the hardware industry. When the iPhone was launched in January 2007,Apple was valued at \$73.4billion. This iconic product continues to post robust growth today. Apple maintains tight control and integration between hardware and software for performance and intellectual property protection. What has stood out this year is the payoff it has received by introducing its own M1processor in the new series of Mac computers.

But Apple is not without problem --and rivals. Its upcoming virtual and augmented reality (VR/AR) headsets will vie with gear from Meta Platforms. Investor worries over Apple having peaked its user base -with no guarantee that future product categories will deliver another iPhone -are not entirely misplaced. Apple’s current valuation is seen in these circles as a product of economic crisis and investor panic due to lack of consumer options. But if there’s one company that has shown innovation, imagination and the power of the brand, it is this shiny fruit of a tech company, that is so much more than just a tech company today.

Has Apple increased its budget on R and D every year ?

Direction for Reading Comprehension : The passage given here are followed by somequestions that have four answer choices; read the passage carefully and pick the option whose answer best aligns with the passage.

The inclusion of nuclear and gas as ‘green’ energy by the European Commission (EC) in its draft text of its taxonomy regulations is an acceptance of the complexities of implementing the transition to a climate-neutral economy. South Korea, too, has included liquefied natural gas (LPG) in its taxonomy. The EC has begun consultations with experts from EU member states to give final shape to these regulations. The draft text is part of the exercise of labelling investment as green. Investments in activities contributing to reduction in emissions, adapting to climate not causing harm or undermining environment objectives would be classified as green. What remains unresolved in the overarching legislation adopted last year and the subject of political wrangling within the EU- is whether nuclear energy and gas get the green signal. As many as 15 member states favour the inclusion of nuclear, describing it as essential to meet the goal of climate neutrality by 2050. Austria and Germany are among those strongly opposed.

From a global perspective, a EU nod will require addressing questions on its implications on other international agreements governing the nuclear sector and the disposal waste or spent fuel. It could incentivise R&D of alternative nuclear technology. The draft describes gas as a ‘transition’ fuel and provides a timeline for transitioning to low carbon gas or renewable in 2035. Its inclusion will give rise to the question of how much latitude can be given to fossil fuel as countries map out their transition plans.

Discussion in the EU on gas and nuclear are expected to be mirrored in other parts of the world, India included. There is agreement that emissions must be reduced. How fast,is the real question.

What has been described as transition fuel ?

Direction for Reading Comprehension : The passage given here are followed by somequestions that have four answer choices; read the passage carefully and pick the option whose answer best aligns with the passage.

Apple’s stock market value, peaking to \$3 trillion on Monday, hasn’t fallen far from the tree. Rapid digitisation along with the pandemic, has accelerated the iPhone maker’s share price --leaving it up more than 200%since the lockdown in march 2020. Investors are reportedly fleeing to the safety of apple’s stocks in an uncertain global economy. The good news is the rally has been accompanied by steady of revenue growth and profitability. Amazon,Google parent company Alphabet and Microsoft too have market caps exceeding \$1 trillion, underlining how Big Tech has been increasing its clout globally. Apple leads this wolf pack. Full credit goes to the company’s drive for innovation and hard-nosed consumer sense.

Apple has reportedly spent more than \$ 82 billon on R&D over past five years, upping it each year the way some countries increases their defence budget. Steve Jobs had bet that consumers would be ready to pay and pay good, when commoditisation becomes popular practice in the hardware industry. When the iPhone was launched in January 2007,Apple was valued at \$73.4billion. This iconic product continues to post robust growth today. Apple maintains tight control and integration between hardware and software for performance and intellectual property protection. What has stood out this year is the payoff it has received by introducing its own M1processor in the new series of Mac computers.

But Apple is not without problem --and rivals. Its upcoming virtual and augmented reality (VR/AR) headsets will vie with gear from Meta Platforms. Investor worries over Apple having peaked its user base -with no guarantee that future product categories will deliver another iPhone -are not entirely misplaced. Apple’s current valuation is seen in these circles as a product of economic crisis and investor panic due to lack of consumer options. But if there’s one company that has shown innovation, imagination and the power of the brand, it is this shiny fruit of a tech company, that is so much more than just a tech company today.

What can be the possible synonym of the word payoff as per the given passage?

Direction for Reading Comprehension : The passage given here are followed by somequestions that have four answer choices; read the passage carefully and pick the option whose answer best aligns with the passage.

Apple’s stock market value, peaking to \$3 trillion on Monday, hasn’t fallen far from the tree. Rapid digitisation along with the pandemic, has accelerated the iPhone maker’s share price --leaving it up more than 200%since the lockdown in march 2020. Investors are reportedly fleeing to the safety of apple’s stocks in an uncertain global economy. The good news is the rally has been accompanied by steady of revenue growth and profitability. Amazon,Google parent company Alphabet and Microsoft too have market caps exceeding \$1 trillion, underlining how Big Tech has been increasing its clout globally. Apple leads this wolf pack. Full credit goes to the company’s drive for innovation and hard-nosed consumer sense.

Apple has reportedly spent more than \$ 82 billon on R&D over past five years, upping it each year the way some countries increases their defence budget. Steve Jobs had bet that consumers would be ready to pay and pay good, when commoditisation becomes popular practice in the hardware industry. When the iPhone was launched in January 2007,Apple was valued at \$73.4billion. This iconic product continues to post robust growth today. Apple maintains tight control and integration between hardware and software for performance and intellectual property protection. What has stood out this year is the payoff it has received by introducing its own M1processor in the new series of Mac computers.

But Apple is not without problem --and rivals. Its upcoming virtual and augmented reality (VR/AR) headsets will vie with gear from Meta Platforms. Investor worries over Apple having peaked its user base -with no guarantee that future product categories will deliver another iPhone -are not entirely misplaced. Apple’s current valuation is seen in these circles as a product of economic crisis and investor panic due to lack of consumer options. But if there’s one company that has shown innovation, imagination and the power of the brand, it is this shiny fruit of a tech company, that is so much more than just a tech company today.

Why does Apple maintain tight control ?

Direction for Reading Comprehension : The passage given here are followed by somequestions that have four answer choices; read the passage carefully and pick the option whose answer best aligns with the passage.

The inclusion of nuclear and gas as ‘green’ energy by the European Commission (EC) in its draft text of its taxonomy regulations is an acceptance of the complexities of implementing the transition to a climate-neutral economy. South Korea, too, has included liquefied natural gas (LPG) in its taxonomy. The EC has begun consultations with experts from EU member states to give final shape to these regulations. The draft text is part of the exercise of labelling investment as green. Investments in activities contributing to reduction in emissions, adapting to climate not causing harm or undermining environment objectives would be classified as green. What remains unresolved in the overarching legislation adopted last year and the subject of political wrangling within the EU- is whether nuclear energy and gas get the green signal. As many as 15 member states favour the inclusion of nuclear, describing it as essential to meet the goal of climate neutrality by 2050. Austria and Germany are among those strongly opposed.

From a global perspective, a EU nod will require addressing questions on its implications on other international agreements governing the nuclear sector and the disposal waste or spent fuel. It could incentivise R&D of alternative nuclear technology. The draft describes gas as a ‘transition’ fuel and provides a timeline for transitioning to low carbon gas or renewable in 2035. Its inclusion will give rise to the question of how much latitude can be given to fossil fuel as countries map out their transition plans.

Discussion in the EU on gas and nuclear are expected to be mirrored in other parts of the world, India included. There is agreement that emissions must be reduced. How fast,is the real question.

Which countries are opposing the inclusion of nuclear as green ?