we need Shyam Kaggod sir for more newspaper analysis video in future please,his explaination is too good which easy to understand for begginners ,or else please make frequent allocation of shyam sir even one article that deals with economy in newspaper even where more other subject article are available there please allot shyam sir many analaysis video ,this was not my wish ,also my group of 10 to 15 friends who see analaysis video recently have also discussed,please take it as request unacademy team
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MCQ 1 : (d) none of the above - term budget mentioned as annual fiscal statement - lok sabha cannot vote on expenditure charged - art. 116 provides for interim budget
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Sir I m studying by you almost one year at byju ..All the teachers are brilliant. Sir missing all the teachers sidharth sir , Anubhav Saransh sir , saumya mam...it's humble request plz join them in this course also.
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Veblen goods are a type of luxury good that are characterized by a positive relationship between price and demand. In other words, the higher the price of a Veblen good, the more desirable it becomes to consumers. This is because the high price serves as a status symbol, indicating wealth and prestige. The concept of Veblen goods is named after economist Thorstein Veblen, who first described the phenomenon in his book "The Theory of the Leisure Class" in 1899. Examples of Veblen goods include: - High-end fashion brands like Gucci or Louis Vuitton - Luxury cars like Ferrari or Rolls-Royce - Fine art or collectibles - Exclusive jewelry or watches - Premium real estate or luxury properties The key characteristics of Veblen goods are: - High price - Luxury or exclusive nature - Status symbol - Positive relationship between price and demand Veblen goods are often used to demonstrate how consumer behavior can be influenced by social status and prestige, rather than purely rational economic considerations.
Felt Happy to know that sir has included some other articles that are not available to Delhi edition and from PIB too. Thanks for making it that comprehensive.
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The Halwa ceremony is an annual tradition that marks the final stage of the Budget preparation process for the Union Budget of India . The ceremony includes the following key aspects : - The preparation of halwa, a traditional Indian sweet dish, in a large 'kadhai' at North Block. - The Finance Minister ritually stirs the 'kadhai' and serves halwa to the officials involved in the budget-making process. - This tradition recognizes the hard work of the finance ministry officials. - The ceremony marks the beginning of the "lock-in" process of budget preparation. - The "lock-in" process means no official involved in the budget process is allowed to leave the ministry premises until the budget is presented in Parliament.
Assignment 6 answer The gig economy model is designed to convert fixed expenditures into variable costs, which has far-reaching implications. By classifying workers as independent contractors rather than employees, companies can avoid paying benefits, salaries, and other fixed costs. This shift enables companies to adjust their workforce and expenses according to demand, increasing flexibility and reducing financial burdens. However, this model has significant consequences. Workers in the gig economy often lack job security, benefits, and protections, leading to income instability and limited social safety nets. The erosion of traditional employment relationships also raises concerns about exploitation and labor rights. Furthermore, the gig economy's focus on short-term flexibility may hinder investment in human capital and skills development, potentially limiting economic growth and innovation. Additionally, the blurring of lines between personal and work life can lead to burnout and decreased work-life balance. Overall, the gig economy's variable cost model has significant implications for workers, businesses, and the broader economy, requiring careful consideration of its benefits and drawbacks.
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1.The term budget is not mentioned in the constitution Instead, 'annual financial statement' is mentioned 2. Expenditure made on CFI can be voted upon but expenditure charged on CFI cannot be voted upon. 3. During an election year, the govt. opts for an interim budget or vote on account which is defined under Article 116 of the Indian Constitution. Therefore, none of the statements are correct (Do correct me if I'm wrong)
MCQ 1 ans is -D non above the all because 1 thing budget word is not mentioned in the constitution there mentioned annual financial statement and 2 is the lok sabha has the powers to discuss and vote on expenditure charged and expenditure made on consolidated fund of India but with the permission of parliament and 3 is article 112 for central budget
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The government should restructure Free Trade Agreements (FTAs) in response to the evolving global scenario, ensuring India's economic interests are protected and advanced. Here's an elaboration: 1. *Review and Renegotiate*: Reassess existing FTAs, identifying areas that require revision or renegotiation to address changing global trade dynamics, emerging industries, and new economic partnerships. 2. *Address Trade Deficits*: Restructure FTAs to reduce trade deficits by incorporating mechanisms like tariff rate quotas, safeguard measures, and enhanced rules of origin. 3. *Promote Export Growth*: Inclusion of provisions supporting export growth, such as simplified procedures, reduced compliance costs, and enhanced market access for Indian goods and services. 4. *Enhance Digital Trade*: Incorporate provisions facilitating digital trade, data localization, and e-commerce growth, ensuring India's digital economy benefits. 5. *Incorporate Emerging Sectors*: Include chapters on emerging sectors like renewable energy, e-vehicles, and fintech to foster innovation and trade in these areas. 6. *Strengthen Dispute Settlement*: Establish robust dispute settlement mechanisms to effectively address trade disputes and protect Indian interests. 7. *Foster Regional Value Chains*: Restructure FTAs to promote regional value chains, enhancing economic integration with neighboring countries and strengthening regional trade. 8. *Ensure WTO Compliance*: Ensure restructured FTAs comply with World Trade Organization (WTO) regulations, avoiding potential disputes and trade conflicts. By restructuring FTAs in response to the changing global scenario, India can enhance its trade competitiveness, protect economic interests, and capitalize on emerging opportunities.
Giffen goods are products that people consume more of as the price rises and vice versa, violating the law of demand : - The good in question must be an inferior good. - There must be a lack of close substitute goods. - The goods must constitute a substantial percentage of the buyer's income but not such a substantial percentage of the buyer's income that none of the associated normal goods are consumed. Examples of Giffen goods include: - Rice and wheat noodles in parts of China - Cigarette smokers choosing between puffs on their preferred brand and puffs on a cheaper, inferior brand - Quinine water for some lab rats - Kerosene, a low-quality fuel used in home heating - Shochu, a Japanese distilled beverage
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MCQ assignment on Budget answer is a, only one. Only second statement is correct. Sir one request, please provide answers to MCQ assignments during next daily analysis.
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Sir please mark with a clear ink in the important points of article.also please zoom it or type important points on the screen during the explanation...😢
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Mcq 1 : None of the above, annual financial statement is used in constitution, LS cannot vote on expenditure charged, art 116 deals with Interim budget. 2. Srijan portal.
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Giffen goods and Veblen goods are both unusual types of goods that don't follow the typical law of demand, but they differ in their characteristics and consumer behavior: Giffen Goods: - Inferior goods (e.g., staples like rice or bread) - Demand increases when price rises - Consumers prioritize necessities over luxuries - No close substitutes available - Constitutes a large portion of consumer income Veblen Goods: - Luxury goods (e.g., high-end fashion, luxury cars) - Demand increases when price rises - Consumers seek status symbols and prestige - High price is a sign of exclusivity and quality - Positive relationship between price and demand Key differences: - Giffen goods are necessities, while Veblen goods are luxuries - Giffen goods are driven by necessity, while Veblen goods are driven by status and prestige - Giffen goods have no close substitutes, while Veblen goods are often sought for their exclusivity In summary, Giffen goods are about prioritizing necessities, while Veblen goods are about showcasing wealth and status.
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37:56 a Only one 2 nd statement is right. Article 112 of the Indian Constitution refers to the annual financial statement, which is the budget that is presented to both Houses of Parliament at the beginning of the year . The interim budget, on the other hand, is presented by a government that is going through a transition period or is in its last year in office ahead of general elections. It is not explicitly mentioned in Article 112, but rather is based on the vote on account provision in Article 116 .
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Thankyou sir
we need Shyam Kaggod sir for more newspaper analysis video in future please,his explaination is too good which easy to understand for begginners ,or else please make frequent allocation of shyam sir even one article that deals with economy in newspaper even where more other subject article are available there please allot shyam sir many analaysis video ,this was not my wish ,also my group of 10 to 15 friends who see analaysis video recently have also discussed,please take it as request unacademy team
But Chetan sir jii also legend
He runs a paid course. Do him a favour enroll in it
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MCQ 1 : (d) none of the above
- term budget mentioned as annual fiscal statement
- lok sabha cannot vote on expenditure charged
- art. 116 provides for interim budget
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Sir I m studying by you almost one year at byju ..All the teachers are brilliant. Sir missing all the teachers sidharth sir , Anubhav Saransh sir , saumya mam...it's humble request plz join them in this course also.
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Veblen goods are a type of luxury good that are characterized by a positive relationship between price and demand. In other words, the higher the price of a Veblen good, the more desirable it becomes to consumers. This is because the high price serves as a status symbol, indicating wealth and prestige.
The concept of Veblen goods is named after economist Thorstein Veblen, who first described the phenomenon in his book "The Theory of the Leisure Class" in 1899.
Examples of Veblen goods include:
- High-end fashion brands like Gucci or Louis Vuitton
- Luxury cars like Ferrari or Rolls-Royce
- Fine art or collectibles
- Exclusive jewelry or watches
- Premium real estate or luxury properties
The key characteristics of Veblen goods are:
- High price
- Luxury or exclusive nature
- Status symbol
- Positive relationship between price and demand
Veblen goods are often used to demonstrate how consumer behavior can be influenced by social status and prestige, rather than purely rational economic considerations.
Felt Happy to know that sir has included some other articles that are not available to Delhi edition and from PIB too.
Thanks for making it that comprehensive.
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Assignment 2: c) Srijan Portal 😊
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The Halwa ceremony is an annual tradition that marks the final stage of the Budget preparation process for the Union Budget of India . The ceremony includes the following key aspects :
- The preparation of halwa, a traditional Indian sweet dish, in a large 'kadhai' at North Block.
- The Finance Minister ritually stirs the 'kadhai' and serves halwa to the officials involved in the budget-making process.
- This tradition recognizes the hard work of the finance ministry officials.
- The ceremony marks the beginning of the "lock-in" process of budget preparation.
- The "lock-in" process means no official involved in the budget process is allowed to leave the ministry premises until the budget is presented in Parliament.
Assignment 6 answer
The gig economy model is designed to convert fixed expenditures into variable costs, which has far-reaching implications. By classifying workers as independent contractors rather than employees, companies can avoid paying benefits, salaries, and other fixed costs. This shift enables companies to adjust their workforce and expenses according to demand, increasing flexibility and reducing financial burdens.
However, this model has significant consequences. Workers in the gig economy often lack job security, benefits, and protections, leading to income instability and limited social safety nets. The erosion of traditional employment relationships also raises concerns about exploitation and labor rights.
Furthermore, the gig economy's focus on short-term flexibility may hinder investment in human capital and skills development, potentially limiting economic growth and innovation. Additionally, the blurring of lines between personal and work life can lead to burnout and decreased work-life balance.
Overall, the gig economy's variable cost model has significant implications for workers, businesses, and the broader economy, requiring careful consideration of its benefits and drawbacks.
Shyam Sir please come four or at least two times in a week regularly 🙏 ❤😊
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Please enable download option
“Imagine. There’s nothing wrong with imagining.” 😂🔥
24:16 perhaps sir thought the students are not writing the answers in comment so let me give all the previous assignments to them again 😉 😅.
Srijan portal for indigenisation of defence sector
1.The term budget is not mentioned in the constitution
Instead, 'annual financial statement' is mentioned
2. Expenditure made on CFI can be voted upon but expenditure charged on CFI cannot be voted upon.
3. During an election year, the govt. opts for an interim budget or vote on account which is defined under Article 116 of the Indian Constitution.
Therefore, none of the statements are correct
(Do correct me if I'm wrong)
I have enrolled in mains conquer batch, but i am not able to download pdf pls sort it out my problem.
MCQ 1 ans is -D non above the all because 1 thing budget word is not mentioned in the constitution there mentioned annual financial statement and 2 is the lok sabha has the powers to discuss and vote on expenditure charged and expenditure made on consolidated fund of India but with the permission of parliament and 3 is article 112 for central budget
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The government should restructure Free Trade Agreements (FTAs) in response to the evolving global scenario, ensuring India's economic interests are protected and advanced. Here's an elaboration:
1. *Review and Renegotiate*: Reassess existing FTAs, identifying areas that require revision or renegotiation to address changing global trade dynamics, emerging industries, and new economic partnerships.
2. *Address Trade Deficits*: Restructure FTAs to reduce trade deficits by incorporating mechanisms like tariff rate quotas, safeguard measures, and enhanced rules of origin.
3. *Promote Export Growth*: Inclusion of provisions supporting export growth, such as simplified procedures, reduced compliance costs, and enhanced market access for Indian goods and services.
4. *Enhance Digital Trade*: Incorporate provisions facilitating digital trade, data localization, and e-commerce growth, ensuring India's digital economy benefits.
5. *Incorporate Emerging Sectors*: Include chapters on emerging sectors like renewable energy, e-vehicles, and fintech to foster innovation and trade in these areas.
6. *Strengthen Dispute Settlement*: Establish robust dispute settlement mechanisms to effectively address trade disputes and protect Indian interests.
7. *Foster Regional Value Chains*: Restructure FTAs to promote regional value chains, enhancing economic integration with neighboring countries and strengthening regional trade.
8. *Ensure WTO Compliance*: Ensure restructured FTAs comply with World Trade Organization (WTO) regulations, avoiding potential disputes and trade conflicts.
By restructuring FTAs in response to the changing global scenario, India can enhance its trade competitiveness, protect economic interests, and capitalize on emerging opportunities.
Giffen goods are products that people consume more of as the price rises and vice versa, violating the law of demand :
- The good in question must be an inferior good.
- There must be a lack of close substitute goods.
- The goods must constitute a substantial percentage of the buyer's income but not such a substantial percentage of the buyer's income that none of the associated normal goods are consumed.
Examples of Giffen goods include:
- Rice and wheat noodles in parts of China
- Cigarette smokers choosing between puffs on their preferred brand and puffs on a cheaper, inferior brand
- Quinine water for some lab rats
- Kerosene, a low-quality fuel used in home heating
- Shochu, a Japanese distilled beverage
MCQ 1 - (d)- None of the above
MCQ 2- (c) Srijan Portal
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Thank-you Shyam sir once again
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38:04 assignment 1) (d)
Srijan portal to promote defence indigenization
MCQ assignment on Budget answer is a, only one. Only second statement is correct. Sir one request, please provide answers to MCQ assignments during next daily analysis.
Assignment 2
Answer is option 3 Srijan Portal
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Kindly give us an update on economy weekly initiative.
Thank you all for your enthusiasm and support for the Economy weekly recap classes.
Economy Terms Demystified will be starting from next week on TH-cam and Shyam sir will be taking Economy for Beginners on the app as a Special Class
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Sir please mark with a clear ink in the important points of article.also please zoom it or type important points on the screen during the explanation...😢
MCQ1 - only 2
MCQ2 - Srijan portal
⚪🔵 Great initiative of conducting daily Newspaper 📰 analysis ⚪🔵
Thank you sir 🙏🤍💙
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Mcq 1 : None of the above, annual financial statement is used in constitution, LS cannot vote on expenditure charged, art 116 deals with Interim budget.
2. Srijan portal.
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MCQ assignments on defence answer is Srijan portal option c
MCQ 1 - (d)-NONE OF THE STATEMENTS
MCQ 2 - (c) Srijan Portal
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Thank you for the class sir
The answer is Option (A) only one.
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Assignment 2 ans is c may be....
Thank you sir. ✅
sons of the soil
Pls allow.download caption
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Thank you sir 🙌
MCQ assignment 2 Srijan Portal for indigenisation in defense sector
C 57:33
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Giffen goods and Veblen goods are both unusual types of goods that don't follow the typical law of demand, but they differ in their characteristics and consumer behavior:
Giffen Goods:
- Inferior goods (e.g., staples like rice or bread)
- Demand increases when price rises
- Consumers prioritize necessities over luxuries
- No close substitutes available
- Constitutes a large portion of consumer income
Veblen Goods:
- Luxury goods (e.g., high-end fashion, luxury cars)
- Demand increases when price rises
- Consumers seek status symbols and prestige
- High price is a sign of exclusivity and quality
- Positive relationship between price and demand
Key differences:
- Giffen goods are necessities, while Veblen goods are luxuries
- Giffen goods are driven by necessity, while Veblen goods are driven by status and prestige
- Giffen goods have no close substitutes, while Veblen goods are often sought for their exclusivity
In summary, Giffen goods are about prioritizing necessities, while Veblen goods are about showcasing wealth and status.
58:22 andhra pradesh.
Where I am send answer for Sample questions evalution ?
Thanks sir
1. ONLY 2
2. SRIJAN PORTAL
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Only 1 statement is correct..❤❤ ಕರ್ನಾಟಕ.....
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Excellent analysis,if we get pdf rather ppt pdf , it will be highly useful
Click on the link to easily download the session PDFs: unacademy.com/content/upsc/english/daily-news-analysis/
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@) Only one
3. Article 112 only
Budget not mentioned in the constitution and parliament has the power not lok sabha merely
@@sjradhekrishna interim budget is also not mentioned in constitution it is merely a practice not a constitutional provision
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37:56 a
Only one
2 nd statement is right.
Article 112 of the Indian Constitution refers to the annual financial statement, which is the budget that is presented to both Houses of Parliament at the beginning of the year . The interim budget, on the other hand, is presented by a government that is going through a transition period or is in its last year in office ahead of general elections. It is not explicitly mentioned in Article 112, but rather is based on the vote on account provision in Article 116 .
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24:11 🎉
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54:15 Tamil nadu,
UP
I know sir because I am also an example of marriage loan rather than education even though I was very interested in study and also good
thankyou so much shyam sir
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Regionalism , son's of soil theory
MCQ assignment 2
C) srijan portal
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Thank you sir 😊.
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Please turn on the caption button
Great session!
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hi sir when will the pooja khedkad case explained?
Too brilliant sir
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Very good analysis sir
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Thank you sir❤
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43:35 especially latur, MAHARASHTRA
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Watched 💫
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Only one 38:23
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All news cover from economy section
57:30 cccc
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Q)1 . D.
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51:49 as per sipri report👍🏻
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53:41 74%
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B
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♥️🔥
MCQ
ASSIGNMENT 1
OPTION A
ASSIGNMENT 2
OPTION C
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58:07 no
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57:17 srijan portal
By defence ministry
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1. D
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mcq1: B
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All three are correct 💯
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D.None of the statement
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Srijan portal!
❤❤❤❤❤❤❤❤❤
MCQ assignment - 1
C) all three statements
u are wrong only 1st statement is right
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2. C
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Srijan portal
❤❤❤❤
Download option plz
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Nsws
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MCQ 1 a
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39:59 neet scam.
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d. None of the above
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A
C
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Only 1
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24:11 🎉
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Only one 38:44
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1. D
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2. C
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