GMAT Exam > GMAT Questions > In an attempt to improve the economic and soc...
Start Learning for Free
In an attempt to improve the economic and social welfare of the people, the government has recently announced a scheme under which it will provide certain staple foods at 30% discount to the authorized dealers. The reduction in the prices of these foods will significantly improve the economic conditions of the people from low income groups.
Which of the following would be most useful to establish in evaluating the argument?
- a)Whether discounting the prices of staple foods is the only way to improve the economic and social welfare of the people
- b)Whether people with medium or high income groups will also benefit from the scheme
- c)Whether the expenditure on staple foods under question forms a significant chunk of the income of people from low income groups
- d)Whether the people from low-income groups will appreciate some other kind of financial assistance more than the one being offered by the government
- e)Whether this scheme would have an adverse impact on the budgetary allocation of other welfare initiatives taken by the government.
Correct answer is option 'E'. Can you explain this answer?
Most Upvoted Answer
In an attempt to improve the economic and social welfare of the people...
To evaluate the argument, we need to consider various factors that could impact the effectiveness and feasibility of the government's scheme. Option E is the most useful in this regard as it focuses on the potential impact on the budgetary allocation of other welfare initiatives taken by the government.
**Evaluating the Impact on Budgetary Allocation**
- The scheme aims to provide staple foods at a 30% discount to authorized dealers. This means that the government would need to allocate funds to cover the cost of the discount.
- By evaluating the impact on the budgetary allocation, we can determine whether the scheme would divert funds from other welfare initiatives. This is important because if the scheme negatively affects the funding of other initiatives, it may undermine the overall goal of improving economic and social welfare.
- For example, if the government needs to reduce funding for education or healthcare in order to finance the discounted staple foods, it could have a detrimental effect on the well-being of the people from low-income groups.
- On the other hand, if the scheme does not have a significant impact on the budgetary allocation of other welfare initiatives, it would strengthen the argument that it can effectively improve economic conditions without compromising other important areas of social welfare.
**Considering Alternatives**
It is also important to consider whether there are alternative ways to improve the economic and social welfare of the people. While option A addresses this concern, it is not the most useful in evaluating the argument because it does not directly assess the effectiveness or feasibility of the proposed scheme.
**Other Factors to Consider**
Options B, C, and D address different aspects of the scheme, such as the potential benefits to different income groups, the significance of staple food expenditure for low-income groups, and the preferences of low-income groups for financial assistance. While these factors may be relevant, they are not as crucial as evaluating the impact on budgetary allocation, as discussed in option E.
Therefore, option E is the most useful in evaluating the argument as it directly assesses the potential impact of the scheme on the budgetary allocation of other welfare initiatives taken by the government.
**Evaluating the Impact on Budgetary Allocation**
- The scheme aims to provide staple foods at a 30% discount to authorized dealers. This means that the government would need to allocate funds to cover the cost of the discount.
- By evaluating the impact on the budgetary allocation, we can determine whether the scheme would divert funds from other welfare initiatives. This is important because if the scheme negatively affects the funding of other initiatives, it may undermine the overall goal of improving economic and social welfare.
- For example, if the government needs to reduce funding for education or healthcare in order to finance the discounted staple foods, it could have a detrimental effect on the well-being of the people from low-income groups.
- On the other hand, if the scheme does not have a significant impact on the budgetary allocation of other welfare initiatives, it would strengthen the argument that it can effectively improve economic conditions without compromising other important areas of social welfare.
**Considering Alternatives**
It is also important to consider whether there are alternative ways to improve the economic and social welfare of the people. While option A addresses this concern, it is not the most useful in evaluating the argument because it does not directly assess the effectiveness or feasibility of the proposed scheme.
**Other Factors to Consider**
Options B, C, and D address different aspects of the scheme, such as the potential benefits to different income groups, the significance of staple food expenditure for low-income groups, and the preferences of low-income groups for financial assistance. While these factors may be relevant, they are not as crucial as evaluating the impact on budgetary allocation, as discussed in option E.
Therefore, option E is the most useful in evaluating the argument as it directly assesses the potential impact of the scheme on the budgetary allocation of other welfare initiatives taken by the government.
Community Answer
In an attempt to improve the economic and social welfare of the people...
The correct official answer is not present in the options made.and E option is totally irrelevant.in case an answer to be choosen ,it would be option C..
in option E,other welfare initiative is not at all discussed in the passage.
in option E,other welfare initiative is not at all discussed in the passage.
Attention GMAT Students!
To make sure you are not studying endlessly, EduRev has designed GMAT study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in GMAT.
|
Explore Courses for GMAT exam
|
|
Similar GMAT Doubts
Top Courses for GMATView all
In an attempt to improve the economic and social welfare of the people, the government has recently announced a scheme under which it will provide certain staple foods at 30% discount to the authorized dealers. The reduction in the prices of these foods will significantly improve the economic conditions of the people from low income groups.Which of the following would be most useful to establish in evaluating the argument?a)Whether discounting the prices of staple foods is the only way to improve the economic and social welfare of the peopleb)Whether people with medium or high income groups will also benefit from the schemec)Whether the expenditure on staple foods under question forms a significant chunk of the income of people from low income groupsd)Whether the people from low-income groups will appreciate some other kind of financial assistance more than the one being offered by the governmente)Whether this scheme would have an adverse impact on the budgetary allocation of other welfare initiatives taken by the government.Correct answer is option 'E'. Can you explain this answer?
Question Description
In an attempt to improve the economic and social welfare of the people, the government has recently announced a scheme under which it will provide certain staple foods at 30% discount to the authorized dealers. The reduction in the prices of these foods will significantly improve the economic conditions of the people from low income groups.Which of the following would be most useful to establish in evaluating the argument?a)Whether discounting the prices of staple foods is the only way to improve the economic and social welfare of the peopleb)Whether people with medium or high income groups will also benefit from the schemec)Whether the expenditure on staple foods under question forms a significant chunk of the income of people from low income groupsd)Whether the people from low-income groups will appreciate some other kind of financial assistance more than the one being offered by the governmente)Whether this scheme would have an adverse impact on the budgetary allocation of other welfare initiatives taken by the government.Correct answer is option 'E'. Can you explain this answer? for GMAT 2024 is part of GMAT preparation. The Question and answers have been prepared according to the GMAT exam syllabus. Information about In an attempt to improve the economic and social welfare of the people, the government has recently announced a scheme under which it will provide certain staple foods at 30% discount to the authorized dealers. The reduction in the prices of these foods will significantly improve the economic conditions of the people from low income groups.Which of the following would be most useful to establish in evaluating the argument?a)Whether discounting the prices of staple foods is the only way to improve the economic and social welfare of the peopleb)Whether people with medium or high income groups will also benefit from the schemec)Whether the expenditure on staple foods under question forms a significant chunk of the income of people from low income groupsd)Whether the people from low-income groups will appreciate some other kind of financial assistance more than the one being offered by the governmente)Whether this scheme would have an adverse impact on the budgetary allocation of other welfare initiatives taken by the government.Correct answer is option 'E'. Can you explain this answer? covers all topics & solutions for GMAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In an attempt to improve the economic and social welfare of the people, the government has recently announced a scheme under which it will provide certain staple foods at 30% discount to the authorized dealers. The reduction in the prices of these foods will significantly improve the economic conditions of the people from low income groups.Which of the following would be most useful to establish in evaluating the argument?a)Whether discounting the prices of staple foods is the only way to improve the economic and social welfare of the peopleb)Whether people with medium or high income groups will also benefit from the schemec)Whether the expenditure on staple foods under question forms a significant chunk of the income of people from low income groupsd)Whether the people from low-income groups will appreciate some other kind of financial assistance more than the one being offered by the governmente)Whether this scheme would have an adverse impact on the budgetary allocation of other welfare initiatives taken by the government.Correct answer is option 'E'. Can you explain this answer?.
In an attempt to improve the economic and social welfare of the people, the government has recently announced a scheme under which it will provide certain staple foods at 30% discount to the authorized dealers. The reduction in the prices of these foods will significantly improve the economic conditions of the people from low income groups.Which of the following would be most useful to establish in evaluating the argument?a)Whether discounting the prices of staple foods is the only way to improve the economic and social welfare of the peopleb)Whether people with medium or high income groups will also benefit from the schemec)Whether the expenditure on staple foods under question forms a significant chunk of the income of people from low income groupsd)Whether the people from low-income groups will appreciate some other kind of financial assistance more than the one being offered by the governmente)Whether this scheme would have an adverse impact on the budgetary allocation of other welfare initiatives taken by the government.Correct answer is option 'E'. Can you explain this answer? for GMAT 2024 is part of GMAT preparation. The Question and answers have been prepared according to the GMAT exam syllabus. Information about In an attempt to improve the economic and social welfare of the people, the government has recently announced a scheme under which it will provide certain staple foods at 30% discount to the authorized dealers. The reduction in the prices of these foods will significantly improve the economic conditions of the people from low income groups.Which of the following would be most useful to establish in evaluating the argument?a)Whether discounting the prices of staple foods is the only way to improve the economic and social welfare of the peopleb)Whether people with medium or high income groups will also benefit from the schemec)Whether the expenditure on staple foods under question forms a significant chunk of the income of people from low income groupsd)Whether the people from low-income groups will appreciate some other kind of financial assistance more than the one being offered by the governmente)Whether this scheme would have an adverse impact on the budgetary allocation of other welfare initiatives taken by the government.Correct answer is option 'E'. Can you explain this answer? covers all topics & solutions for GMAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In an attempt to improve the economic and social welfare of the people, the government has recently announced a scheme under which it will provide certain staple foods at 30% discount to the authorized dealers. The reduction in the prices of these foods will significantly improve the economic conditions of the people from low income groups.Which of the following would be most useful to establish in evaluating the argument?a)Whether discounting the prices of staple foods is the only way to improve the economic and social welfare of the peopleb)Whether people with medium or high income groups will also benefit from the schemec)Whether the expenditure on staple foods under question forms a significant chunk of the income of people from low income groupsd)Whether the people from low-income groups will appreciate some other kind of financial assistance more than the one being offered by the governmente)Whether this scheme would have an adverse impact on the budgetary allocation of other welfare initiatives taken by the government.Correct answer is option 'E'. Can you explain this answer?.
Solutions for In an attempt to improve the economic and social welfare of the people, the government has recently announced a scheme under which it will provide certain staple foods at 30% discount to the authorized dealers. The reduction in the prices of these foods will significantly improve the economic conditions of the people from low income groups.Which of the following would be most useful to establish in evaluating the argument?a)Whether discounting the prices of staple foods is the only way to improve the economic and social welfare of the peopleb)Whether people with medium or high income groups will also benefit from the schemec)Whether the expenditure on staple foods under question forms a significant chunk of the income of people from low income groupsd)Whether the people from low-income groups will appreciate some other kind of financial assistance more than the one being offered by the governmente)Whether this scheme would have an adverse impact on the budgetary allocation of other welfare initiatives taken by the government.Correct answer is option 'E'. Can you explain this answer? in English & in Hindi are available as part of our courses for GMAT.
Download more important topics, notes, lectures and mock test series for GMAT Exam by signing up for free.
Here you can find the meaning of In an attempt to improve the economic and social welfare of the people, the government has recently announced a scheme under which it will provide certain staple foods at 30% discount to the authorized dealers. The reduction in the prices of these foods will significantly improve the economic conditions of the people from low income groups.Which of the following would be most useful to establish in evaluating the argument?a)Whether discounting the prices of staple foods is the only way to improve the economic and social welfare of the peopleb)Whether people with medium or high income groups will also benefit from the schemec)Whether the expenditure on staple foods under question forms a significant chunk of the income of people from low income groupsd)Whether the people from low-income groups will appreciate some other kind of financial assistance more than the one being offered by the governmente)Whether this scheme would have an adverse impact on the budgetary allocation of other welfare initiatives taken by the government.Correct answer is option 'E'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
In an attempt to improve the economic and social welfare of the people, the government has recently announced a scheme under which it will provide certain staple foods at 30% discount to the authorized dealers. The reduction in the prices of these foods will significantly improve the economic conditions of the people from low income groups.Which of the following would be most useful to establish in evaluating the argument?a)Whether discounting the prices of staple foods is the only way to improve the economic and social welfare of the peopleb)Whether people with medium or high income groups will also benefit from the schemec)Whether the expenditure on staple foods under question forms a significant chunk of the income of people from low income groupsd)Whether the people from low-income groups will appreciate some other kind of financial assistance more than the one being offered by the governmente)Whether this scheme would have an adverse impact on the budgetary allocation of other welfare initiatives taken by the government.Correct answer is option 'E'. Can you explain this answer?, a detailed solution for In an attempt to improve the economic and social welfare of the people, the government has recently announced a scheme under which it will provide certain staple foods at 30% discount to the authorized dealers. The reduction in the prices of these foods will significantly improve the economic conditions of the people from low income groups.Which of the following would be most useful to establish in evaluating the argument?a)Whether discounting the prices of staple foods is the only way to improve the economic and social welfare of the peopleb)Whether people with medium or high income groups will also benefit from the schemec)Whether the expenditure on staple foods under question forms a significant chunk of the income of people from low income groupsd)Whether the people from low-income groups will appreciate some other kind of financial assistance more than the one being offered by the governmente)Whether this scheme would have an adverse impact on the budgetary allocation of other welfare initiatives taken by the government.Correct answer is option 'E'. Can you explain this answer? has been provided alongside types of In an attempt to improve the economic and social welfare of the people, the government has recently announced a scheme under which it will provide certain staple foods at 30% discount to the authorized dealers. The reduction in the prices of these foods will significantly improve the economic conditions of the people from low income groups.Which of the following would be most useful to establish in evaluating the argument?a)Whether discounting the prices of staple foods is the only way to improve the economic and social welfare of the peopleb)Whether people with medium or high income groups will also benefit from the schemec)Whether the expenditure on staple foods under question forms a significant chunk of the income of people from low income groupsd)Whether the people from low-income groups will appreciate some other kind of financial assistance more than the one being offered by the governmente)Whether this scheme would have an adverse impact on the budgetary allocation of other welfare initiatives taken by the government.Correct answer is option 'E'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice In an attempt to improve the economic and social welfare of the people, the government has recently announced a scheme under which it will provide certain staple foods at 30% discount to the authorized dealers. The reduction in the prices of these foods will significantly improve the economic conditions of the people from low income groups.Which of the following would be most useful to establish in evaluating the argument?a)Whether discounting the prices of staple foods is the only way to improve the economic and social welfare of the peopleb)Whether people with medium or high income groups will also benefit from the schemec)Whether the expenditure on staple foods under question forms a significant chunk of the income of people from low income groupsd)Whether the people from low-income groups will appreciate some other kind of financial assistance more than the one being offered by the governmente)Whether this scheme would have an adverse impact on the budgetary allocation of other welfare initiatives taken by the government.Correct answer is option 'E'. Can you explain this answer? tests, examples and also practice GMAT tests.
|
|
Explore Courses for GMAT exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup