A single number for inflation is an aggregate across different commodities and services - the price rise differs for different items of consumption. So, the single number is arrived at by assigning weights to different commodities and services. For WPI, the weights in production are used; for CPI, the consumption basket is used. But people are not homogeneous. The consumption basket is vastly different for the poor, the middle classes, and the rich. Hence, the CPI is different for each of these classes and a composite index requires averaging the baskets.

Which one of the following statements best reflects the most logical, rational and crucial message conveyed by the passage?

Trust stands commonly defined as being vulnerable to others. Entrepreneurship implies trust in others and willingness to expose oneself to betrayal. Trust in expert systems is the essence of globalising behaviour; trust itself emerges as a supercommodity in the social market and defines the characteristics of goods and services in a global market. Trusting conduct also means holding others in good esteem, and an optimism that they are, or will be, competent in certain respects.

Which one of the following statements best reflects the crux of the passage?

Read the following passage and answer the items that follow the passages. Your answers to these items should be based on the passages only.

According to the Food and Agriculture Organization, one-third of food produced for human consumption is lost or wasted globally. Food is lost or wasted throughout the supply chain, from initial agricultural production to final household consumption. The increasing wastage also results in land degradation by about 45%, mainly due to deforestation, unsustainable agricultural practices, and excessive groundwater extraction. The energy spent over wasted food results in about 3-5 billion tonnes of carbon dioxide production every year. Decay also leads to harmful emissions of other gases in the atmosphere. Addressing the loss and wastage of food in all forms is critical to complete the cycle of food sufficiency and food sustainability.

Which of the following statements best reflect the most logical and rational inferences that can be made from the passage?

1. The current methods of food distribution are solely responsible for the loss and wastage of food.

2. Land productivity is adversely affected by the prevailing trend of food loss and wastage.

3. Reduction in the loss and wastage of food results in lesser carbon footprint.

4. Post-harvest technologies to prevent or reduce the loss and wastage of food are not available.

Select the correct answer using the code given below.

Read the following passage and answer the items that follow the passages. Your answers to these items should be based on the passages only.

According to the Food and Agriculture Organization, one-third of food produced for human consumption is lost or wasted globally. Food is lost or wasted throughout the supply chain, from initial agricultural production to final household consumption. The increasing wastage also results in land degradation by about 45%, mainly due to deforestation, unsustainable agricultural practices, and excessive groundwater extraction. The energy spent over wasted food results in about 3-5 billion tonnes of carbon dioxide production every year. Decay also leads to harmful emissions of other gases in the atmosphere. Addressing the loss and wastage of food in all forms is critical to complete the cycle of food sufficiency and food sustainability.

Based on the above passage, the following assumptions have been made:

1. The food distribution mechanism needs to be reimagined and made effective to reduce the loss and wastage of food.

2. Ensuring the reduction of wastage and loss of food is a social and moral responsibility of all citizens.

Which of the assumptions given above is/are valid?