\(\left(\frac{-1}{4}+\frac{7}{33}-\frac{5}{3}\right)-\left(\frac{-5}{4}+\frac{6}{11}-\frac{48}{49}\right)=\left(\frac{-1}{4}-\frac{16}{11}\right)-\left(-\frac{31}{44}-\frac{48}{49}\right)=-\frac{1}{4}-\frac{16}{11}+\frac{31}{44}+\frac{48}{49}=-\frac{1}{49}\)