Direction (Q. 1-4): Study the following information carefully and answer the questions given below.
Cotton acreage in India during the current year has fallen by 15% as cotton growers have moved on to cultivation of other cash crops. This is the result of the cotton glut in world markets in post-September 2008 and the consequent slowdown in the world economy. But this scenario brought with it benefits to one segment of the industry yarn manufacturers as they got higher prices for their produce. Some yarn manufacturers too had stuck up on low-priced cotton last year. The combined effect of all this is evident in the rise in net profits and net margins of yarn manufacturers.
What we can say about the following statement ? "There has been shortage of cotton in the world market last year."
Figure (1) to (2): The upper-right element interchanges place with the right. The second from upper right interchanges with the middle left. The second from middle left goes to the lower right → second to the lower right → second to the middle left while a new element replaces the second from middle right.