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Direction: The critical reasoning question is based on a short argument, a set of statements, or a plan of action. For each question, select the best answer of the choices given and explain why the chosen answer is the right fit.
Statement: There appear to be positive spillover effects from universities to geographically close neighbouring regions. We show that the relationship between GDP per capita and universities is not simply driven by the direct expenditures of the university, its staff and students. Part of the effect of universities on growth is mediated through an increased supply of human capital and greater innovation.
Which of the following statements strengthen the fact that universities have a positive impact on the country’s economy?
I: Universities arrange a lot of cultural activities, which is in turn used for the good of the government.
II: Our estimates imply that a 10% increase in a region's number of universities per capita is associated with 0.4% higher future GDP per capita in that region.
III: A country's economy becomes more productive as the proportion of educated workers increases since educated workers can more efficiently carry out tasks that require literacy and critical thinking.
  • a)
    Only I and II
  • b)
    Only II and III
  • c)
    Only III
  • d)
    All of the above
  • e)
    None of the above
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Direction: The critical reasoning question is based on a short argume...
The passage above talks about the impact of universities upon a country’s economy.
It mentions the effect of the growth of such universities upon various factors.
We need to find the statements which strengthen the fact that universities have a positive impact on the country’s economy.
The first option talks about the cultural events taking place in the universities which contribute to the government.
It is a vague statement which does not strengthen the fact that universities have a positive impact on the country’s economy.
The second option gives us some estimates, looking at which we can assume that the growth of the universities has a direct and positive impact upon the GDP of a country.
This means it will enhance the economy.
So, it holds true.
The third option brings forward another advantage of having a number of good universities which will, in turn, produce more literate and efficient workers who would be educated enough to work effectively and improve the economy of a country.
Thus, both II and III strengthen the above-given fact.
Hence, the correct option is (B).
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Direction: The critical reasoning question is based on a short argument, a set of statements, or a plan of action. For each question, select the best answer of the choices given and explain why the chosen answer is the right fit.Statement: There appear to be positive spillover effects from universities to geographically close neighbouring regions. We show that the relationship between GDP per capita and universities is not simply driven by the direct expenditures of the university, its staff and students. Part of the effect of universities on growth is mediated through an increased supply of human capital and greater innovation.Which of the following statements strengthen the fact that universities have a positive impact on the country’s economy?I: Universities arrange a lot of cultural activities, which is in turn used for the good of the government.II: Our estimates imply that a 10% increase in a region's number of universities per capita is associated with 0.4% higher future GDP per capita in that region.III: A country's economy becomes more productive as the proportion of educated workers increases since educated workers can more efficiently carry out tasks that require literacy and critical thinking.a)Only I and IIb)Only II and IIIc)Only IIId)All of the abovee)None of the aboveCorrect answer is option 'B'. Can you explain this answer?
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Direction: The critical reasoning question is based on a short argument, a set of statements, or a plan of action. For each question, select the best answer of the choices given and explain why the chosen answer is the right fit.Statement: There appear to be positive spillover effects from universities to geographically close neighbouring regions. We show that the relationship between GDP per capita and universities is not simply driven by the direct expenditures of the university, its staff and students. Part of the effect of universities on growth is mediated through an increased supply of human capital and greater innovation.Which of the following statements strengthen the fact that universities have a positive impact on the country’s economy?I: Universities arrange a lot of cultural activities, which is in turn used for the good of the government.II: Our estimates imply that a 10% increase in a region's number of universities per capita is associated with 0.4% higher future GDP per capita in that region.III: A country's economy becomes more productive as the proportion of educated workers increases since educated workers can more efficiently carry out tasks that require literacy and critical thinking.a)Only I and IIb)Only II and IIIc)Only IIId)All of the abovee)None of the aboveCorrect answer is option 'B'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Direction: The critical reasoning question is based on a short argument, a set of statements, or a plan of action. For each question, select the best answer of the choices given and explain why the chosen answer is the right fit.Statement: There appear to be positive spillover effects from universities to geographically close neighbouring regions. We show that the relationship between GDP per capita and universities is not simply driven by the direct expenditures of the university, its staff and students. Part of the effect of universities on growth is mediated through an increased supply of human capital and greater innovation.Which of the following statements strengthen the fact that universities have a positive impact on the country’s economy?I: Universities arrange a lot of cultural activities, which is in turn used for the good of the government.II: Our estimates imply that a 10% increase in a region's number of universities per capita is associated with 0.4% higher future GDP per capita in that region.III: A country's economy becomes more productive as the proportion of educated workers increases since educated workers can more efficiently carry out tasks that require literacy and critical thinking.a)Only I and IIb)Only II and IIIc)Only IIId)All of the abovee)None of the aboveCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: The critical reasoning question is based on a short argument, a set of statements, or a plan of action. For each question, select the best answer of the choices given and explain why the chosen answer is the right fit.Statement: There appear to be positive spillover effects from universities to geographically close neighbouring regions. We show that the relationship between GDP per capita and universities is not simply driven by the direct expenditures of the university, its staff and students. Part of the effect of universities on growth is mediated through an increased supply of human capital and greater innovation.Which of the following statements strengthen the fact that universities have a positive impact on the country’s economy?I: Universities arrange a lot of cultural activities, which is in turn used for the good of the government.II: Our estimates imply that a 10% increase in a region's number of universities per capita is associated with 0.4% higher future GDP per capita in that region.III: A country's economy becomes more productive as the proportion of educated workers increases since educated workers can more efficiently carry out tasks that require literacy and critical thinking.a)Only I and IIb)Only II and IIIc)Only IIId)All of the abovee)None of the aboveCorrect answer is option 'B'. Can you explain this answer?.
Solutions for Direction: The critical reasoning question is based on a short argument, a set of statements, or a plan of action. For each question, select the best answer of the choices given and explain why the chosen answer is the right fit.Statement: There appear to be positive spillover effects from universities to geographically close neighbouring regions. We show that the relationship between GDP per capita and universities is not simply driven by the direct expenditures of the university, its staff and students. Part of the effect of universities on growth is mediated through an increased supply of human capital and greater innovation.Which of the following statements strengthen the fact that universities have a positive impact on the country’s economy?I: Universities arrange a lot of cultural activities, which is in turn used for the good of the government.II: Our estimates imply that a 10% increase in a region's number of universities per capita is associated with 0.4% higher future GDP per capita in that region.III: A country's economy becomes more productive as the proportion of educated workers increases since educated workers can more efficiently carry out tasks that require literacy and critical thinking.a)Only I and IIb)Only II and IIIc)Only IIId)All of the abovee)None of the aboveCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams. Download more important topics, notes, lectures and mock test series for Banking Exams Exam by signing up for free.
Here you can find the meaning of Direction: The critical reasoning question is based on a short argument, a set of statements, or a plan of action. For each question, select the best answer of the choices given and explain why the chosen answer is the right fit.Statement: There appear to be positive spillover effects from universities to geographically close neighbouring regions. We show that the relationship between GDP per capita and universities is not simply driven by the direct expenditures of the university, its staff and students. Part of the effect of universities on growth is mediated through an increased supply of human capital and greater innovation.Which of the following statements strengthen the fact that universities have a positive impact on the country’s economy?I: Universities arrange a lot of cultural activities, which is in turn used for the good of the government.II: Our estimates imply that a 10% increase in a region's number of universities per capita is associated with 0.4% higher future GDP per capita in that region.III: A country's economy becomes more productive as the proportion of educated workers increases since educated workers can more efficiently carry out tasks that require literacy and critical thinking.a)Only I and IIb)Only II and IIIc)Only IIId)All of the abovee)None of the aboveCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Direction: The critical reasoning question is based on a short argument, a set of statements, or a plan of action. For each question, select the best answer of the choices given and explain why the chosen answer is the right fit.Statement: There appear to be positive spillover effects from universities to geographically close neighbouring regions. We show that the relationship between GDP per capita and universities is not simply driven by the direct expenditures of the university, its staff and students. Part of the effect of universities on growth is mediated through an increased supply of human capital and greater innovation.Which of the following statements strengthen the fact that universities have a positive impact on the country’s economy?I: Universities arrange a lot of cultural activities, which is in turn used for the good of the government.II: Our estimates imply that a 10% increase in a region's number of universities per capita is associated with 0.4% higher future GDP per capita in that region.III: A country's economy becomes more productive as the proportion of educated workers increases since educated workers can more efficiently carry out tasks that require literacy and critical thinking.a)Only I and IIb)Only II and IIIc)Only IIId)All of the abovee)None of the aboveCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for Direction: The critical reasoning question is based on a short argument, a set of statements, or a plan of action. For each question, select the best answer of the choices given and explain why the chosen answer is the right fit.Statement: There appear to be positive spillover effects from universities to geographically close neighbouring regions. We show that the relationship between GDP per capita and universities is not simply driven by the direct expenditures of the university, its staff and students. Part of the effect of universities on growth is mediated through an increased supply of human capital and greater innovation.Which of the following statements strengthen the fact that universities have a positive impact on the country’s economy?I: Universities arrange a lot of cultural activities, which is in turn used for the good of the government.II: Our estimates imply that a 10% increase in a region's number of universities per capita is associated with 0.4% higher future GDP per capita in that region.III: A country's economy becomes more productive as the proportion of educated workers increases since educated workers can more efficiently carry out tasks that require literacy and critical thinking.a)Only I and IIb)Only II and IIIc)Only IIId)All of the abovee)None of the aboveCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of Direction: The critical reasoning question is based on a short argument, a set of statements, or a plan of action. For each question, select the best answer of the choices given and explain why the chosen answer is the right fit.Statement: There appear to be positive spillover effects from universities to geographically close neighbouring regions. We show that the relationship between GDP per capita and universities is not simply driven by the direct expenditures of the university, its staff and students. Part of the effect of universities on growth is mediated through an increased supply of human capital and greater innovation.Which of the following statements strengthen the fact that universities have a positive impact on the country’s economy?I: Universities arrange a lot of cultural activities, which is in turn used for the good of the government.II: Our estimates imply that a 10% increase in a region's number of universities per capita is associated with 0.4% higher future GDP per capita in that region.III: A country's economy becomes more productive as the proportion of educated workers increases since educated workers can more efficiently carry out tasks that require literacy and critical thinking.a)Only I and IIb)Only II and IIIc)Only IIId)All of the abovee)None of the aboveCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Direction: The critical reasoning question is based on a short argument, a set of statements, or a plan of action. For each question, select the best answer of the choices given and explain why the chosen answer is the right fit.Statement: There appear to be positive spillover effects from universities to geographically close neighbouring regions. We show that the relationship between GDP per capita and universities is not simply driven by the direct expenditures of the university, its staff and students. Part of the effect of universities on growth is mediated through an increased supply of human capital and greater innovation.Which of the following statements strengthen the fact that universities have a positive impact on the country’s economy?I: Universities arrange a lot of cultural activities, which is in turn used for the good of the government.II: Our estimates imply that a 10% increase in a region's number of universities per capita is associated with 0.4% higher future GDP per capita in that region.III: A country's economy becomes more productive as the proportion of educated workers increases since educated workers can more efficiently carry out tasks that require literacy and critical thinking.a)Only I and IIb)Only II and IIIc)Only IIId)All of the abovee)None of the aboveCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice Banking Exams tests.
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