Directions: The following question has two blanks, each blank indicating that something has been omitted. Choose the set of words for each blank that best fits in the context of the sentence.Basic principles of credit _____________ and monitoring are obviated in PSBs and must be sharpened to _____________ defects of capital, business purpose and character.a)lending, reduceb)assessment, emphasizec)evaluation, clarifyd)appraisal, diagnoseCorrect answer is option 'D'. Can you explain this answer?

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CAT Exam > CAT Questions > Directions: The following question has two b...

Directions: The following question has two blanks, each blank indicating that something has been omitted. Choose the set of words for each blank that best fits in the context of the sentence.

Basic principles of credit _____________ and monitoring are obviated in PSBs and must be sharpened to _____________ defects of capital, business purpose and character.

a)
lending, reduce
b)
assessment, emphasize
c)
evaluation, clarify
d)
appraisal, diagnose

Correct answer is option 'D'. Can you explain this answer?

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Most Upvoted Answer

Directions: The following question has two blanks, each blank indicat...

The word “monitoring” indicates that the sentence refers to ‘credit review.’ In the context of the sentence, the words that are suitable for the first blank are “assessment”, “evaluation” and appraisal”. So, option (A) is eliminated.

In order to eliminate the “defects of capital”, the shortcomings must first be identified and analyzed. The only word that aptly conveys this meaning is “diagnose”. "Emphasize" or "clarify" defects does not indicate this meaning and this eliminates options (B) and (C) as well.

Hence, the correct option is (D).

Answered by Wizius Careers · View profile

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Group QuestionA passage is followed by questions pertaining to the passage. Read the passage and answer the questions. Choose the most appropriate answer.Governments have been protecting trade names and trademarks used in relation to food products identified with a particular region since at least the end of the nineteenth century, using laws against false trade descriptions or passing off, which generally protect against suggestions that a product has a certain origin, quality or association when it does not. In such cases the consumer protection benefit is generally considered to outweigh the limitation on competitive freedoms represented by the grant of a monopoly of use over a geographical indication. In many countries the protection afforded to geographical indications by law is similar to the protection afforded to trademarks, and in particular, certification marks. Geographical indications law restricts the use of the Gl for the purpose of identifying a particular type of product, unless the product or its constitute materials originate from aparticular area and/or meet certain standards. Sometimes these laws also stipulate that the product must meet certain quality tests that are administered by an association that owns the exclusive right to the use of the indication.Although a Gl is not strictly a type of trademark as it does not serve to exclusively identify a specific commercial enterprise, there are usually prohibitions against registration of a trademark which constitutes a geographical indication. In countries that do not specifically recognize GIs, regional trade associations may implement them in terms of certification marks. Geographical indications have long been associated with Europe as an entity, where there is a tradition of associating certain food products with particular regions. Under European Union Law, the protected designation of origin system which came into effect in 1992 regulates the following geographical indications: Protected designation of origin (PDO) and protected geographical indication (PGI) and Traditional Specialty Guaranteed (TSG).The system used in France from the early part of the twentieth century is known as the appellation dorigine controlee (AOC). Items that meet geographical origin and quality standards may be endorsed with a government-issued stamp which acts as official certification of the origins andstandards of the product to the consumer. Examples of products that have such appellations of origin include Tequila (spirits), Jaffa (oranges) and Bordeaux (wines).The consumer-benefit purpose of the monopoly rights granted to the owner of a Gl also applies to the trademark monopoly right. Geographical indicationshave other similarities with trademarks. For example, they must be registered in order to qualify for protection, and they must meet certain conditions in order to qualify for registration. One of the most important conditions that most governments have required before registering a name as a Gl is that the name must not already be in widespread use as the generic name for a similar product. Of course, what is considered a very specific term for a well- known local specialty in one country may constitute a generic term or genericized trademark for that type of product. For example, Parmigiano cheese in Italy is generically known as Parmesan cheese in Australia and the United States. Like trademarks, geographical indications are regulated locally by each country because conditions of registration such as differences in the generic use of terms vary from country to country. This is especially true of food and beverage names which frequently use geographical terms, but it may also be true of other products such as carpets (e.g. Shiraz), handicrafts, flowers and perfumes. International trade made it important to try to harmonize the different approaches and standards that governments used to register GIs. The first attempts to do so were found in the Paris Convention on trademarks (1883), followed by a much more elaborate provision in the 1958 Lisbon Agreement on the Protection of Appellations of Origin and their Registration. Few countries joined the Lisbon agreement, however: by 1997 there were only 17 members (Algeria, Bulgaria, Burkina Faso, Congo, Cuba, Czech Republic, France, Gabon, Haiti, Hungary, Israel, Italy, Mexico,Portugal, Slovakia, Togo, Tunisi

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Governments have been protecting trade names and trademarks used in relation to food products identified with a particular region since at least the end of the nineteenth century, using laws against false trade descriptions or passing off, which generally protect against suggestions that a product has a certain origin, quality or association when it does not. In such cases the consumer protection benefit is generally considered to outweigh the limitation on competitive freedoms represented by the grant of a monopoly of use over a geographical indication. In many countries the protection afforded to geographical indications by law is similar to the protection afforded to trademarks, and in particular, certification marks. Geographical indications law restricts the use of the Gl for the purpose of identifying a particular type of product, unless the product or its constitute materials originate from aparticular area and/or meet certain standards. Sometimes these laws also stipulate that the product must meet certain quality tests that are administered by an association that owns the exclusive right to the use of the indication.Although a Gl is not strictly a type of trademark as it does not serve to exclusively identify a specific commercial enterprise, there are usually prohibitions against registration of a trademark which constitutes a geographical indication. In countries that do not specifically recognize GIs, regional trade associations may implement them in terms of certification marks. Geographical indications have long been associated with Europe as an entity, where there is a tradition of associating certain food products with particular regions. Under European Union Law, the protected designation of origin system which came into effect in 1992 regulates the following geographical indications: Protected designation of origin (PDO) and protected geographical indication (PGI) and Traditional Specialty Guaranteed (TSG).The system used in France from the early part of the twentieth century is known as the appellation dorigine controlee (AOC). Items that meet geographical origin and quality standards may be endorsed with a government-issued stamp which acts as official certification of the origins andstandards of the product to the consumer. Examples of products that have such appellations of origin include Tequila (spirits), Jaffa (oranges) and Bordeaux (wines).The consumer-benefit purpose of the monopoly rights granted to the owner of a Gl also applies to the trademark monopoly right. Geographical indicationshave other similarities with trademarks. For example, they must be registered in order to qualify for protection, and they must meet certain conditions in order to qualify for registration. One of the most important conditions that most governments have required before registering a name as a Gl is that the name must not already be in widespread use as the generic name for a similar product. Of course, what is considered a very specific term for a well- known local specialty in one country may constitute a generic term or genericized trademark for that type of product. For example, Parmigiano cheese in Italy is generically known as Parmesan cheese in Australia and the United States. Like trademarks, geographical indications are regulated locally by each country because conditions of registration such as differences in the generic use of terms vary from country to country. This is especially true of food and beverage names which frequently use geographical terms, but it may also be true of other products such as carpets (e.g. Shiraz), handicrafts, flowers and perfumes. International trade made it important to try to harmonize the different approaches and standards that governments used to register GIs. The first attempts to do so were found in the Paris Convention on trademarks (1883), followed by a much more elaborate provision in the 1958 Lisbon Agreement on the Protection of Appellations of Origin and their Registration. Few countries joined the Lisbon agreement, however: by 1997 there were only 17 members (Algeria, Bulgaria, Burkina Faso, Congo, Cuba, Czech Republic, France, Gabon, Haiti, Hungary, Israel, Italy, Mexico,Portugal, Slovakia, Togo, Tunisi

View answer

Governments have been protecting trade names and trademarks used in relation to food products identified with a particular region since at least the end of the nineteenth century, using laws against false trade descriptions or passing off, which generally protect against suggestions that a product has a certain origin, quality or association when it does not. In such cases the consumer protection benefit is generally considered to outweigh the limitation on competitive freedoms represented by the grant of a monopoly of use over a geographical indication. In many countries the protection afforded to geographical indications by law is similar to the protection afforded to trademarks, and in particular, certification marks. Geographical indications law restricts the use of the Gl for the purpose of identifying a particular type of product, unless the product or its constitute materials originate from aparticular area and/or meet certain standards. Sometimes these laws also stipulate that the product must meet certain quality tests that are administered by an association that owns the exclusive right to the use of the indication.Although a Gl is not strictly a type of trademark as it does not serve to exclusively identify a specific commercial enterprise, there are usually prohibitions against registration of a trademark which constitutes a geographical indication. In countries that do not specifically recognize GIs, regional trade associations may implement them in terms of certification marks. Geographical indications have long been associated with Europe as an entity, where there is a tradition of associating certain food products with particular regions. Under European Union Law, the protected designation of origin system which came into effect in 1992 regulates the following geographical indications: Protected designation of origin (PDO) and protected geographical indication (PGI) and Traditional Specialty Guaranteed (TSG).The system used in France from the early part of the twentieth century is known as the appellation dorigine controlee (AOC). Items that meet geographical origin and quality standards may be endorsed with a government-issued stamp which acts as official certification of the origins andstandards of the product to the consumer. Examples of products that have such appellations of origin include Tequila (spirits), Jaffa (oranges) and Bordeaux (wines).The consumer-benefit purpose of the monopoly rights granted to the owner of a Gl also applies to the trademark monopoly right. Geographical indicationshave other similarities with trademarks. For example, they must be registered in order to qualify for protection, and they must meet certain conditions in order to qualify for registration. One of the most important conditions that most governments have required before registering a name as a Gl is that the name must not already be in widespread use as the generic name for a similar product. Of course, what is considered a very specific term for a well- known local specialty in one country may constitute a generic term or genericized trademark for that type of product. For example, Parmigiano cheese in Italy is generically known as Parmesan cheese in Australia and the United States. Like trademarks, geographical indications are regulated locally by each country because conditions of registration such as differences in the generic use of terms vary from country to country. This is especially true of food and beverage names which frequently use geographical terms, but it may also be true of other products such as carpets (e.g. Shiraz), handicrafts, flowers and perfumes. International trade made it important to try to harmonize the different approaches and standards that governments used to register GIs. The first attempts to do so were found in the Paris Convention on trademarks (1883), followed by a much more elaborate provision in the 1958 Lisbon Agreement on the Protection of Appellations of Origin and their Registration. Few countries joined the Lisbon agreement, however: by 1997 there were only 17 members (Algeria, Bulgaria, Burkina Faso, Congo, Cuba, Czech Republic, France, Gabon, Haiti, Hungary, Israel, Italy, Mexico,Portugal, Slovakia, Togo, Tunisi

View answer

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Directions: Read the passage and answer the following question.In an attempt to improve the overall performance of clerical workers, many companies have introduced computerized performance monitoring and control systems that record and report a worker’s computer-driven activities. However, at least one study has shown that such monitoring may not be having the desired effect. In the study, researchers asked monitored clerical workers and their supervisors how assessments of productivity affected supervisors’ ratings of workers’ performance. In contrast to unmonitored workers doing the same work, who without exception identified the most important element in their jobs as customer service, the monitored workers and their supervisors all responded that productivity was the critical factor in assigning ratings. This finding suggested that there should have been a strong correlation between a monitored worker’s productivity and the overall rating the worker received. However, measures of the relationship between overall rating and individual elements of performance clearly supported the conclusion that supervisors gave considerable weight to criteria such as attendance, accuracy, and indications of customer satisfaction.It is possible that productivity may be a “hygiene factor,” that is, if it is too low, it will hurt the overall rating. But the evidence suggests that beyond the point at which productivity becomes “good enough,” higher productivity per se is unlikely to improve a rating.Q. According to the passage, a “hygiene factor” is an aspect of a worker’s performance that

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Directions: The following question has two blanks, each blank indicating that something has been omitted. Choose the set of words for each blank that best fits in the context of the sentence.Basic principles of credit _____________ and monitoring are obviated in PSBs and must be sharpened to _____________ defects of capital, business purpose and character.a)lending, reduceb)assessment, emphasizec)evaluation, clarifyd)appraisal, diagnoseCorrect answer is option 'D'. Can you explain this answer?

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