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Read the passage and answer the question given below.
A recent report from the International Energy Agency (IEA) on international oil supplies indicates that oil prices could increase to over $100 a barrel because of the global energy shortage. The International Energy Agency, an organization representing the 26 nations of the Organization for Economic Cooperation and Development (OECD), is generally considered a reliable indicator of international energy supplies. In a distinct change from its former reports, the IEA has suggested in its recent report that world governments need to make urgent revisions on energy-related policies if a global energy crisis is to be avoided.
According to the report, the reason for the IEA's warning is its anticipation that economic progress will increase global energy demands by about 50% in the next fifteen years. The majority of this demand is expected to come from China and India, which will be accountable for over 60 percent of carbon emissions, the chief reason for global warming, by 2030. Another reason stated for the IEA’s cautionary notice is that the number of oil suppliers is steadily decreasing. Since oil deposits in the North Sea region will soon be exhausted, countries supplying oil will be limited to those in the Gulf of Persia.
The government can address this imminent crisis through just one policy change. A team of Harvard analysts has predicted that if oil production is considerably expanded, oil prices could fall in the next decade. The team maintains that if previously under-utilized sources of oil are harnessed and more funding is provided for the setting up of new local refineries, the impending crisis could be avoided.
Q. Which of the following statements would the author most likely agree with?
  • a)
    Both the IEA and the team of Harvard analysts agree that the oil crisis is avoidable.
  • b)
    Other reliable indicators of international energy supplies are needed.
  • c)
    If the impending energy crisis is avoided, global warming will decrease.
  • d)
    The Harvard analysts disagree that a global oil crisis is impending.
  • e)
    The opinion of the team of Harvard analysts has more credibility than the report issued by the IEA.
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Read the passage and answer the question given below.A recent report f...
A. Both the IEA and the team of Harvard analysts agree that the oil crisis is avoidable.
The passage discusses the report from the International Energy Agency (IEA) warning about a potential global energy crisis due to increasing global energy demands and decreasing oil supplies. It also mentions a team of Harvard analysts who suggest that expanding oil production and utilizing under-utilized sources of oil could help avoid the crisis. Based on this information, the author would likely agree that both the IEA and the team of Harvard analysts believe that the oil crisis is avoidable.
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Directions: Read the passage carefully and answer the question as follow.Shortly after September 11, 2001, the United States began requesting additional financial information about persons of interest by subpoenaing records located at the SWIFT banking consortium. SWIFT, which routes trillions of dollars a day, faced an ethical dilemma: fight the subpoenas in order to protect member privacy and the groups reputation for the highest level of confidentiality, or, comply and provide information about thousands of financial communications in the hope that lives will be saved. SWIFT decided to comply in secret, but in late June 2006, four major U.S. newspapers disclosed SWIFTs compliance. This sparked a heated public debate over the ethics of SWIFTs decision to reveal ostensibly confidential financial communications.Analyzing the situation in hindsight, three ethical justifications existed for not complying with the Treasury Departments requests. First, SWIFT needed to uphold its long-standing values of confidentiality, non-disclosure, and institutional trust. The second ethical reason against SWIFTs involvement came with inadequate government oversight as the Treasury Department failed to construct necessary safeguards to ensure the privacy of the data. Third, international law must be upheld and one could argue quite strongly that the governments use of data breached some parts of international law.Although SWIFT executives undoubtedly considered the aforementioned reasons for rejecting the governments subpoena, three ethical justifications for complying existed. First, it could be argued that the program was legal because the United States government possesses the authority to subpoena records stored within its territory and SWIFT maintained many of its records in Virginia. Second, it is entirely possible that complying with the governments subpoena thwarted another catastrophic terrorist attack that would have cost lives and dollars. Third, cooperating with the government did not explicitly violate any SWIFT policies due to the presence of a valid subpoena. However, the extent of cooperation certainly surprised many financial institutions and sparked some outrage and debate within the financial community.While SWIFT had compelling arguments both for agreeing and refusing to cooperate with the U.S. government program, even in hindsight, it is impossible to judge with certitude the wisdom and ethics of SWIFTs decision to cooperate as we still lack answers to important questions such as: what information did the government want? What promises did the government make about data confidentially? What, if any, potentially impending threats did the government present to justify its need for data?Q.Which of the following can be inferred from the passage?

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Read the passage and answer the question given below.A recent report from the International Energy Agency (IEA) on international oil supplies indicates that oil prices could increase to over $100 a barrel because of the global energy shortage. The International Energy Agency, an organization representing the 26 nations of the Organization for Economic Cooperation and Development (OECD), is generally considered a reliable indicator of international energy supplies. In a distinct change from its former reports, the IEA has suggested in its recent report that world governments need to make urgent revisions on energy-related policies if a global energy crisis is to be avoided.According to the report, the reason for the IEAs warning is its anticipation that economic progress will increase global energy demands by about 50% in the next fifteen years. The majority of this demand is expected to come from China and India, which will be accountable for over 60 percent of carbon emissions, the chief reason for global warming, by 2030. Another reason stated for the IEA’s cautionary notice is that the number of oil suppliers is steadily decreasing. Since oil deposits in the North Sea region will soon be exhausted, countries supplying oil will be limited to those in the Gulf of Persia.The government can address this imminent crisis through just one policy change. A team of Harvard analysts has predicted that if oil production is considerably expanded, oil prices could fall in the next decade. The team maintains that if previously under-utilized sources of oil are harnessed and more funding is provided for the setting up of new local refineries, the impending crisis could be avoided.Q. Which of the following statements would the author most likely agree with?a)Both the IEA and the team of Harvard analysts agree that the oil crisis is avoidable.b)Other reliable indicators of international energy supplies are needed.c)If the impending energy crisis is avoided, global warming will decrease.d)The Harvard analysts disagree that a global oil crisis is impending.e)The opinion of the team of Harvard analysts has more credibility than the report issued by the IEA.Correct answer is option 'A'. Can you explain this answer?
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Read the passage and answer the question given below.A recent report from the International Energy Agency (IEA) on international oil supplies indicates that oil prices could increase to over $100 a barrel because of the global energy shortage. The International Energy Agency, an organization representing the 26 nations of the Organization for Economic Cooperation and Development (OECD), is generally considered a reliable indicator of international energy supplies. In a distinct change from its former reports, the IEA has suggested in its recent report that world governments need to make urgent revisions on energy-related policies if a global energy crisis is to be avoided.According to the report, the reason for the IEAs warning is its anticipation that economic progress will increase global energy demands by about 50% in the next fifteen years. The majority of this demand is expected to come from China and India, which will be accountable for over 60 percent of carbon emissions, the chief reason for global warming, by 2030. Another reason stated for the IEA’s cautionary notice is that the number of oil suppliers is steadily decreasing. Since oil deposits in the North Sea region will soon be exhausted, countries supplying oil will be limited to those in the Gulf of Persia.The government can address this imminent crisis through just one policy change. A team of Harvard analysts has predicted that if oil production is considerably expanded, oil prices could fall in the next decade. The team maintains that if previously under-utilized sources of oil are harnessed and more funding is provided for the setting up of new local refineries, the impending crisis could be avoided.Q. Which of the following statements would the author most likely agree with?a)Both the IEA and the team of Harvard analysts agree that the oil crisis is avoidable.b)Other reliable indicators of international energy supplies are needed.c)If the impending energy crisis is avoided, global warming will decrease.d)The Harvard analysts disagree that a global oil crisis is impending.e)The opinion of the team of Harvard analysts has more credibility than the report issued by the IEA.Correct answer is option 'A'. 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 Read the passage and answer the question given below.A recent report from the International Energy Agency (IEA) on international oil supplies indicates that oil prices could increase to over $100 a barrel because of the global energy shortage. The International Energy Agency, an organization representing the 26 nations of the Organization for Economic Cooperation and Development (OECD), is generally considered a reliable indicator of international energy supplies. In a distinct change from its former reports, the IEA has suggested in its recent report that world governments need to make urgent revisions on energy-related policies if a global energy crisis is to be avoided.According to the report, the reason for the IEAs warning is its anticipation that economic progress will increase global energy demands by about 50% in the next fifteen years. The majority of this demand is expected to come from China and India, which will be accountable for over 60 percent of carbon emissions, the chief reason for global warming, by 2030. Another reason stated for the IEA’s cautionary notice is that the number of oil suppliers is steadily decreasing. Since oil deposits in the North Sea region will soon be exhausted, countries supplying oil will be limited to those in the Gulf of Persia.The government can address this imminent crisis through just one policy change. A team of Harvard analysts has predicted that if oil production is considerably expanded, oil prices could fall in the next decade. The team maintains that if previously under-utilized sources of oil are harnessed and more funding is provided for the setting up of new local refineries, the impending crisis could be avoided.Q. Which of the following statements would the author most likely agree with?a)Both the IEA and the team of Harvard analysts agree that the oil crisis is avoidable.b)Other reliable indicators of international energy supplies are needed.c)If the impending energy crisis is avoided, global warming will decrease.d)The Harvard analysts disagree that a global oil crisis is impending.e)The opinion of the team of Harvard analysts has more credibility than the report issued by the IEA.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for GMAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Read the passage and answer the question given below.A recent report from the International Energy Agency (IEA) on international oil supplies indicates that oil prices could increase to over $100 a barrel because of the global energy shortage. The International Energy Agency, an organization representing the 26 nations of the Organization for Economic Cooperation and Development (OECD), is generally considered a reliable indicator of international energy supplies. In a distinct change from its former reports, the IEA has suggested in its recent report that world governments need to make urgent revisions on energy-related policies if a global energy crisis is to be avoided.According to the report, the reason for the IEAs warning is its anticipation that economic progress will increase global energy demands by about 50% in the next fifteen years. The majority of this demand is expected to come from China and India, which will be accountable for over 60 percent of carbon emissions, the chief reason for global warming, by 2030. Another reason stated for the IEA’s cautionary notice is that the number of oil suppliers is steadily decreasing. Since oil deposits in the North Sea region will soon be exhausted, countries supplying oil will be limited to those in the Gulf of Persia.The government can address this imminent crisis through just one policy change. A team of Harvard analysts has predicted that if oil production is considerably expanded, oil prices could fall in the next decade. The team maintains that if previously under-utilized sources of oil are harnessed and more funding is provided for the setting up of new local refineries, the impending crisis could be avoided.Q. Which of the following statements would the author most likely agree with?a)Both the IEA and the team of Harvard analysts agree that the oil crisis is avoidable.b)Other reliable indicators of international energy supplies are needed.c)If the impending energy crisis is avoided, global warming will decrease.d)The Harvard analysts disagree that a global oil crisis is impending.e)The opinion of the team of Harvard analysts has more credibility than the report issued by the IEA.Correct answer is option 'A'. Can you explain this answer?.
Solutions for Read the passage and answer the question given below.A recent report from the International Energy Agency (IEA) on international oil supplies indicates that oil prices could increase to over $100 a barrel because of the global energy shortage. The International Energy Agency, an organization representing the 26 nations of the Organization for Economic Cooperation and Development (OECD), is generally considered a reliable indicator of international energy supplies. In a distinct change from its former reports, the IEA has suggested in its recent report that world governments need to make urgent revisions on energy-related policies if a global energy crisis is to be avoided.According to the report, the reason for the IEAs warning is its anticipation that economic progress will increase global energy demands by about 50% in the next fifteen years. The majority of this demand is expected to come from China and India, which will be accountable for over 60 percent of carbon emissions, the chief reason for global warming, by 2030. Another reason stated for the IEA’s cautionary notice is that the number of oil suppliers is steadily decreasing. Since oil deposits in the North Sea region will soon be exhausted, countries supplying oil will be limited to those in the Gulf of Persia.The government can address this imminent crisis through just one policy change. A team of Harvard analysts has predicted that if oil production is considerably expanded, oil prices could fall in the next decade. The team maintains that if previously under-utilized sources of oil are harnessed and more funding is provided for the setting up of new local refineries, the impending crisis could be avoided.Q. Which of the following statements would the author most likely agree with?a)Both the IEA and the team of Harvard analysts agree that the oil crisis is avoidable.b)Other reliable indicators of international energy supplies are needed.c)If the impending energy crisis is avoided, global warming will decrease.d)The Harvard analysts disagree that a global oil crisis is impending.e)The opinion of the team of Harvard analysts has more credibility than the report issued by the IEA.Correct answer is option 'A'. 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 Read the passage and answer the question given below.A recent report from the International Energy Agency (IEA) on international oil supplies indicates that oil prices could increase to over $100 a barrel because of the global energy shortage. The International Energy Agency, an organization representing the 26 nations of the Organization for Economic Cooperation and Development (OECD), is generally considered a reliable indicator of international energy supplies. In a distinct change from its former reports, the IEA has suggested in its recent report that world governments need to make urgent revisions on energy-related policies if a global energy crisis is to be avoided.According to the report, the reason for the IEAs warning is its anticipation that economic progress will increase global energy demands by about 50% in the next fifteen years. The majority of this demand is expected to come from China and India, which will be accountable for over 60 percent of carbon emissions, the chief reason for global warming, by 2030. Another reason stated for the IEA’s cautionary notice is that the number of oil suppliers is steadily decreasing. Since oil deposits in the North Sea region will soon be exhausted, countries supplying oil will be limited to those in the Gulf of Persia.The government can address this imminent crisis through just one policy change. A team of Harvard analysts has predicted that if oil production is considerably expanded, oil prices could fall in the next decade. The team maintains that if previously under-utilized sources of oil are harnessed and more funding is provided for the setting up of new local refineries, the impending crisis could be avoided.Q. Which of the following statements would the author most likely agree with?a)Both the IEA and the team of Harvard analysts agree that the oil crisis is avoidable.b)Other reliable indicators of international energy supplies are needed.c)If the impending energy crisis is avoided, global warming will decrease.d)The Harvard analysts disagree that a global oil crisis is impending.e)The opinion of the team of Harvard analysts has more credibility than the report issued by the IEA.Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Read the passage and answer the question given below.A recent report from the International Energy Agency (IEA) on international oil supplies indicates that oil prices could increase to over $100 a barrel because of the global energy shortage. The International Energy Agency, an organization representing the 26 nations of the Organization for Economic Cooperation and Development (OECD), is generally considered a reliable indicator of international energy supplies. In a distinct change from its former reports, the IEA has suggested in its recent report that world governments need to make urgent revisions on energy-related policies if a global energy crisis is to be avoided.According to the report, the reason for the IEAs warning is its anticipation that economic progress will increase global energy demands by about 50% in the next fifteen years. The majority of this demand is expected to come from China and India, which will be accountable for over 60 percent of carbon emissions, the chief reason for global warming, by 2030. Another reason stated for the IEA’s cautionary notice is that the number of oil suppliers is steadily decreasing. Since oil deposits in the North Sea region will soon be exhausted, countries supplying oil will be limited to those in the Gulf of Persia.The government can address this imminent crisis through just one policy change. A team of Harvard analysts has predicted that if oil production is considerably expanded, oil prices could fall in the next decade. The team maintains that if previously under-utilized sources of oil are harnessed and more funding is provided for the setting up of new local refineries, the impending crisis could be avoided.Q. Which of the following statements would the author most likely agree with?a)Both the IEA and the team of Harvard analysts agree that the oil crisis is avoidable.b)Other reliable indicators of international energy supplies are needed.c)If the impending energy crisis is avoided, global warming will decrease.d)The Harvard analysts disagree that a global oil crisis is impending.e)The opinion of the team of Harvard analysts has more credibility than the report issued by the IEA.Correct answer is option 'A'. Can you explain this answer?, a detailed solution for Read the passage and answer the question given below.A recent report from the International Energy Agency (IEA) on international oil supplies indicates that oil prices could increase to over $100 a barrel because of the global energy shortage. The International Energy Agency, an organization representing the 26 nations of the Organization for Economic Cooperation and Development (OECD), is generally considered a reliable indicator of international energy supplies. In a distinct change from its former reports, the IEA has suggested in its recent report that world governments need to make urgent revisions on energy-related policies if a global energy crisis is to be avoided.According to the report, the reason for the IEAs warning is its anticipation that economic progress will increase global energy demands by about 50% in the next fifteen years. The majority of this demand is expected to come from China and India, which will be accountable for over 60 percent of carbon emissions, the chief reason for global warming, by 2030. Another reason stated for the IEA’s cautionary notice is that the number of oil suppliers is steadily decreasing. Since oil deposits in the North Sea region will soon be exhausted, countries supplying oil will be limited to those in the Gulf of Persia.The government can address this imminent crisis through just one policy change. A team of Harvard analysts has predicted that if oil production is considerably expanded, oil prices could fall in the next decade. The team maintains that if previously under-utilized sources of oil are harnessed and more funding is provided for the setting up of new local refineries, the impending crisis could be avoided.Q. Which of the following statements would the author most likely agree with?a)Both the IEA and the team of Harvard analysts agree that the oil crisis is avoidable.b)Other reliable indicators of international energy supplies are needed.c)If the impending energy crisis is avoided, global warming will decrease.d)The Harvard analysts disagree that a global oil crisis is impending.e)The opinion of the team of Harvard analysts has more credibility than the report issued by the IEA.Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of Read the passage and answer the question given below.A recent report from the International Energy Agency (IEA) on international oil supplies indicates that oil prices could increase to over $100 a barrel because of the global energy shortage. The International Energy Agency, an organization representing the 26 nations of the Organization for Economic Cooperation and Development (OECD), is generally considered a reliable indicator of international energy supplies. In a distinct change from its former reports, the IEA has suggested in its recent report that world governments need to make urgent revisions on energy-related policies if a global energy crisis is to be avoided.According to the report, the reason for the IEAs warning is its anticipation that economic progress will increase global energy demands by about 50% in the next fifteen years. The majority of this demand is expected to come from China and India, which will be accountable for over 60 percent of carbon emissions, the chief reason for global warming, by 2030. Another reason stated for the IEA’s cautionary notice is that the number of oil suppliers is steadily decreasing. Since oil deposits in the North Sea region will soon be exhausted, countries supplying oil will be limited to those in the Gulf of Persia.The government can address this imminent crisis through just one policy change. A team of Harvard analysts has predicted that if oil production is considerably expanded, oil prices could fall in the next decade. The team maintains that if previously under-utilized sources of oil are harnessed and more funding is provided for the setting up of new local refineries, the impending crisis could be avoided.Q. Which of the following statements would the author most likely agree with?a)Both the IEA and the team of Harvard analysts agree that the oil crisis is avoidable.b)Other reliable indicators of international energy supplies are needed.c)If the impending energy crisis is avoided, global warming will decrease.d)The Harvard analysts disagree that a global oil crisis is impending.e)The opinion of the team of Harvard analysts has more credibility than the report issued by the IEA.Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Read the passage and answer the question given below.A recent report from the International Energy Agency (IEA) on international oil supplies indicates that oil prices could increase to over $100 a barrel because of the global energy shortage. The International Energy Agency, an organization representing the 26 nations of the Organization for Economic Cooperation and Development (OECD), is generally considered a reliable indicator of international energy supplies. In a distinct change from its former reports, the IEA has suggested in its recent report that world governments need to make urgent revisions on energy-related policies if a global energy crisis is to be avoided.According to the report, the reason for the IEAs warning is its anticipation that economic progress will increase global energy demands by about 50% in the next fifteen years. The majority of this demand is expected to come from China and India, which will be accountable for over 60 percent of carbon emissions, the chief reason for global warming, by 2030. Another reason stated for the IEA’s cautionary notice is that the number of oil suppliers is steadily decreasing. Since oil deposits in the North Sea region will soon be exhausted, countries supplying oil will be limited to those in the Gulf of Persia.The government can address this imminent crisis through just one policy change. A team of Harvard analysts has predicted that if oil production is considerably expanded, oil prices could fall in the next decade. The team maintains that if previously under-utilized sources of oil are harnessed and more funding is provided for the setting up of new local refineries, the impending crisis could be avoided.Q. Which of the following statements would the author most likely agree with?a)Both the IEA and the team of Harvard analysts agree that the oil crisis is avoidable.b)Other reliable indicators of international energy supplies are needed.c)If the impending energy crisis is avoided, global warming will decrease.d)The Harvard analysts disagree that a global oil crisis is impending.e)The opinion of the team of Harvard analysts has more credibility than the report issued by the IEA.Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice GMAT tests.
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