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Telangana PSC Group 4 Secretarial Ability 2018 Paper 2
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Question : 93
Total: 150
Directions:
Find out the proper sequence of the following sentences to form a meaningful paragraph.
A. By this measure, a poor Indian farmer with little debt and little assets can end up "richer" than a Wall Street banker with little assets and a large student loan.
B. In 2015, when the report was issued, there was criticism of the report's methodology.
C. In India, as per that report things are just as plain, as against the richest 1% of Indians hold as much wealth as that held by 58% of the Indian population.
D. The critics argued that the report assumes wealth is assets minus debt.
E. From a recently released report by Oxfam, the global charity organisation, we learn that eight rich people own as much wealth as half the world's population in 2016.
F. These statistical issues aside, what the Oxfam report does show isn't necessarily who is really poor in the world but that wealth is a good proxy for the ability to influence politics via legislation or campaign contributions.
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