What do you invest in when you invest in human capital?

What is the present Marginal Standing Facility ?

What is the new reverse repo rate?

New rate of repo?

Which of the following is true about the India-USA agreement on developing gas resources ?

(A)           Both the nations will cooperate in exploiting gas hydrates in Krishna, Godavari and Mahanadi basins and deep sea of Andaman.

(B)           USA will help in establishment of an IIT exclusively for research and training in the areas of gas technology.

(C)            India will send its experts to find out more gas reserves in various parts of USA particularly in deep sea of Alaska as they have special training in the same.

Passage-7

There is more than a modicum of truth in the assertion that "a working knowledge of ancient history is necessary to the intelligent interpretation of current events". But the sage who uttered these words of wisdom might well have added something on the benefits of studying particularly the famous battles of history for the lessons they contain for those of us who lead or aspire to leadership. Such a study will reveal certain qualities and attributes which enabled the winners to win—and certain deficiemcies which caused the losers to lose and the student will see that the same pattern recurs consistently, again and again, throughout the centuries.

 With reference to the above passage, the following assumptions have been made:

1. A study of the famous battles it history would help us understand the modern warfare.

2. Studying the history is essential fin anyone who aspires to be a leader.

Which of these assumptions is/are valid?