When light travels from a medium with higher refractive index into a medium with lower refractive index, there is a maximum angle (called critical angle) for which all the light is reflected, so there is no refraction.
The value of the critical angle is given by:
[tex]\theta = \arcsin ( \frac{n_2}{n_1} )[/tex]
when n1 is the refractive index of the first medium, while n2 is the refractive index of the second medium. In our case, n1=1.33 (the water) and n1=1.00 (the air). Putting numbers in, we get
[tex]\theta = \arcsin ( \frac{1.00}{1.33} )=49^{\circ}[/tex]