Read the argument and answer the questions that follow. With - TopicsExpress



          

Read the argument and answer the questions that follow. With the drastic fall in the value of the rupee in relation to almost all other currencies in the world, starting with the US dollar, the migratory species known as the middle-class Indian traveler will have its wings clipped in its summer search - with the kids schools closed and the heat stifling in most parts of the country - for foreign fields and pastures new, accessible via Jai Mata Di Travels (Family Tours A Specialty - From Dadi to Dolly, Everyone Jolly!). Faced with the prospect of having to shell out a truckload of depreciated rupee notes for 6 days/7 nights, Bangkok, Phuket, Pattaya (ShudhShakahari Meals Included) neither Dadi nor Dolly will feel particularly jolly. Which of the following if true weakens the premise above about the fall in the rupee affecting foreign travel? I. Following the fall in the value of the rupee, the share of wallet dedicated to other recreational activities has shifted to foreign travel II. Many tour operators have come up with special schemes to lure the rich Indian traveler. III. Most of the holidays were booked in advance, before the rupee fell in value so much a. Both I and III b. Only I c. Both II and III d. Only III
Posted on: Mon, 13 Jan 2014 07:55:13 +0000

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