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Directions: Read the given passage and answer the question that follows.
When my father, the ideas man, had first proposed the idea of manufacturing to his siblings back in the early 1950s, they had expressed their reservations. In those days, bicycle parts and components were by and large imported. The supplies were tightly controlled by a cartel, comprising of the old British agency houses, which had been passed on to Indian associates post-Independence. These entities doled out supplies on a quota basis. My uncle Om Prakash remembered having to wait for two whole days at the offices of Dunlop (suppliers of tyres and tubes), just to meet the manager.
My father was persuasive. He was confident that they had the knowhow to manufacture bicycles, but that dream would be stillborn if India's dependence on imported parts and components continued. He proposed that the brothers manufacture their own. Technology and capital were both scarce, they protested. Even before the karigars (artisans) could get down to making components, tools and dyes would have to be created. Everything would have to be done from scratch, on a shoestring budget.
While my uncles Dayanand and Om Prakash were packing up to move to Ludhiana, one of their suppliers, a Muslim by the name of Kareem Deen, was preparing to shift to Pakistan. He manufactured bicycle saddles under a brand name he had created himself. Before he left, Karam Deen went to see his friend Om Prakash Munjal.
What happened next would be a life-changing moment for our family. Uncle Om Prakash asked Kareem Deen whether the Munjals could use that brand name for their business. He agreed. The gesture was typical of the way businesses were run at the time – on reputation, relationships and goodwill. The worth and value of brands and patents were not appreciated or understood. And so, with nothing more than a casual nod, his brand passed to the Munjals. Yes, dear reader, you guessed correctly. It was "Hero".
Once my uncles came around to the idea of manufacturing, a confident, "Yeh bhi kar lenge" (We can do this too), resounded around the Munjal residence and workplace. It was, of course, easier said than done. After several hits and misses, they finally came up with a product that satisfied all the siblings.
But disaster lurked ahead, one that almost cost the Munjals their business. The welding in some of the bicycle forks cracked and the pipes broke off, with the result that the incensed dealers returned all orders and consignments. The siblings pooled their resources and paid back the affected parties, no questions asked. Their reputation survived, but their pockets were almost empty. The Munjal brothers girded their loins, went back to the design table and perfected the forks.
[Extracted with edits and revisions from The Making Of Hero: Four Brothers, Two Wheels And A Revolution That Shaped India, Sunil Kant Munjal, HarperCollins India.]
Q. What was the primary reason for the Munjal brothers' hesitation to enter the bicycle manufacturing business?
  • a)
    Lack of knowledge about bicycle manufacturing.
  • b)
    Limited access to technology.
  • c)
    Scarce capital.
  • d)
    All of the above.
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Directions: Read the given passage and answer the question that follow...
The passage mentions that technology and capital were both scarce, and they had to create tools and dyes from scratch. Additionally, it suggests that the brothers had the knowledge but were facing various challenges.
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Community Answer
Directions: Read the given passage and answer the question that follow...
Reasons for Munjal brothers' hesitation
Lack of knowledge about bicycle manufacturing:
- The Munjal brothers were confident in their ability to manufacture bicycles but lacked the specific knowledge and expertise required for the process.
- They needed to understand the intricacies of bicycle manufacturing, including creating components, tools, and dyes from scratch.
Limited access to technology:
- Technology was scarce during that time, making it difficult for the brothers to acquire the necessary tools and equipment for manufacturing.
- Without access to modern technology, they faced challenges in developing efficient manufacturing processes.
Scarce capital:
- The brothers were operating on a shoestring budget, which limited their ability to invest in the resources needed for manufacturing.
- Capital constraints made it difficult for them to fund the development of components and tools required for bicycle production.
Conclusion:
- The combination of limited knowledge about bicycle manufacturing, scarce access to technology, and capital constraints contributed to the Munjal brothers' initial hesitation to enter the bicycle manufacturing business.
- Despite these challenges, their determination and perseverance eventually led them to establish a successful bicycle manufacturing company.
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Directions: Read the given passage and answer the question that follows.When my father, the ideas man, had first proposed the idea of manufacturing to his siblings back in the early 1950s, they had expressed their reservations. In those days, bicycle parts and components were by and large imported. The supplies were tightly controlled by a cartel, comprising of the old British agency houses, which had been passed on to Indian associates post-Independence. These entities doled out supplies on a quota basis. My uncle Om Prakash remembered having to wait for two whole days at the offices of Dunlop (suppliers of tyres and tubes), just to meet the manager.My father was persuasive. He was confident that they had the knowhow to manufacture bicycles, but that dream would be stillborn if Indias dependence on imported parts and components continued. He proposed that the brothers manufacture their own. Technology and capital were both scarce, they protested. Even before the karigars (artisans) could get down to making components, tools and dyes would have to be created. Everything would have to be done from scratch, on a shoestring budget.While my uncles Dayanand and Om Prakash were packing up to move to Ludhiana, one of their suppliers, a Muslim by the name of Kareem Deen, was preparing to shift to Pakistan. He manufactured bicycle saddles under a brand name he had created himself. Before he left, Karam Deen went to see his friend Om Prakash Munjal.What happened next would be a life-changing moment for our family. Uncle Om Prakash asked Kareem Deen whether the Munjals could use that brand name for their business. He agreed. The gesture was typical of the way businesses were run at the time – on reputation, relationships and goodwill. The worth and value of brands and patents were not appreciated or understood. And so, with nothing more than a casual nod, his brand passed to the Munjals. Yes, dear reader, you guessed correctly. It was "Hero".Once my uncles came around to the idea of manufacturing, a confident, "Yeh bhi kar lenge" (We can do this too), resounded around the Munjal residence and workplace. It was, of course, easier said than done. After several hits and misses, they finally came up with a product that satisfied all the siblings.But disaster lurked ahead, one that almost cost the Munjals their business. The welding in some of the bicycle forks cracked and the pipes broke off, with the result that the incensed dealers returned all orders and consignments. The siblings pooled their resources and paid back the affected parties, no questions asked. Their reputation survived, but their pockets were almost empty. The Munjal brothers girded their loins, went back to the design table and perfected the forks.[Extracted with edits and revisions from The Making Of Hero: Four Brothers, Two Wheels And A Revolution That Shaped India, Sunil Kant Munjal, HarperCollins India.]Q.What was the primary reason for the Munjal brothers hesitation to enter the bicycle manufacturing business?a)Lack of knowledge about bicycle manufacturing.b)Limited access to technology.c)Scarce capital.d)All of the above.Correct answer is option 'D'. Can you explain this answer?
Question Description
Directions: Read the given passage and answer the question that follows.When my father, the ideas man, had first proposed the idea of manufacturing to his siblings back in the early 1950s, they had expressed their reservations. In those days, bicycle parts and components were by and large imported. The supplies were tightly controlled by a cartel, comprising of the old British agency houses, which had been passed on to Indian associates post-Independence. These entities doled out supplies on a quota basis. My uncle Om Prakash remembered having to wait for two whole days at the offices of Dunlop (suppliers of tyres and tubes), just to meet the manager.My father was persuasive. He was confident that they had the knowhow to manufacture bicycles, but that dream would be stillborn if Indias dependence on imported parts and components continued. He proposed that the brothers manufacture their own. Technology and capital were both scarce, they protested. Even before the karigars (artisans) could get down to making components, tools and dyes would have to be created. Everything would have to be done from scratch, on a shoestring budget.While my uncles Dayanand and Om Prakash were packing up to move to Ludhiana, one of their suppliers, a Muslim by the name of Kareem Deen, was preparing to shift to Pakistan. He manufactured bicycle saddles under a brand name he had created himself. Before he left, Karam Deen went to see his friend Om Prakash Munjal.What happened next would be a life-changing moment for our family. Uncle Om Prakash asked Kareem Deen whether the Munjals could use that brand name for their business. He agreed. The gesture was typical of the way businesses were run at the time – on reputation, relationships and goodwill. The worth and value of brands and patents were not appreciated or understood. And so, with nothing more than a casual nod, his brand passed to the Munjals. Yes, dear reader, you guessed correctly. It was "Hero".Once my uncles came around to the idea of manufacturing, a confident, "Yeh bhi kar lenge" (We can do this too), resounded around the Munjal residence and workplace. It was, of course, easier said than done. After several hits and misses, they finally came up with a product that satisfied all the siblings.But disaster lurked ahead, one that almost cost the Munjals their business. The welding in some of the bicycle forks cracked and the pipes broke off, with the result that the incensed dealers returned all orders and consignments. The siblings pooled their resources and paid back the affected parties, no questions asked. Their reputation survived, but their pockets were almost empty. The Munjal brothers girded their loins, went back to the design table and perfected the forks.[Extracted with edits and revisions from The Making Of Hero: Four Brothers, Two Wheels And A Revolution That Shaped India, Sunil Kant Munjal, HarperCollins India.]Q.What was the primary reason for the Munjal brothers hesitation to enter the bicycle manufacturing business?a)Lack of knowledge about bicycle manufacturing.b)Limited access to technology.c)Scarce capital.d)All of the above.Correct answer is option 'D'. Can you explain this answer? for CLAT 2025 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about Directions: Read the given passage and answer the question that follows.When my father, the ideas man, had first proposed the idea of manufacturing to his siblings back in the early 1950s, they had expressed their reservations. In those days, bicycle parts and components were by and large imported. The supplies were tightly controlled by a cartel, comprising of the old British agency houses, which had been passed on to Indian associates post-Independence. These entities doled out supplies on a quota basis. My uncle Om Prakash remembered having to wait for two whole days at the offices of Dunlop (suppliers of tyres and tubes), just to meet the manager.My father was persuasive. He was confident that they had the knowhow to manufacture bicycles, but that dream would be stillborn if Indias dependence on imported parts and components continued. He proposed that the brothers manufacture their own. Technology and capital were both scarce, they protested. Even before the karigars (artisans) could get down to making components, tools and dyes would have to be created. Everything would have to be done from scratch, on a shoestring budget.While my uncles Dayanand and Om Prakash were packing up to move to Ludhiana, one of their suppliers, a Muslim by the name of Kareem Deen, was preparing to shift to Pakistan. He manufactured bicycle saddles under a brand name he had created himself. Before he left, Karam Deen went to see his friend Om Prakash Munjal.What happened next would be a life-changing moment for our family. Uncle Om Prakash asked Kareem Deen whether the Munjals could use that brand name for their business. He agreed. The gesture was typical of the way businesses were run at the time – on reputation, relationships and goodwill. The worth and value of brands and patents were not appreciated or understood. And so, with nothing more than a casual nod, his brand passed to the Munjals. Yes, dear reader, you guessed correctly. It was "Hero".Once my uncles came around to the idea of manufacturing, a confident, "Yeh bhi kar lenge" (We can do this too), resounded around the Munjal residence and workplace. It was, of course, easier said than done. After several hits and misses, they finally came up with a product that satisfied all the siblings.But disaster lurked ahead, one that almost cost the Munjals their business. The welding in some of the bicycle forks cracked and the pipes broke off, with the result that the incensed dealers returned all orders and consignments. The siblings pooled their resources and paid back the affected parties, no questions asked. Their reputation survived, but their pockets were almost empty. The Munjal brothers girded their loins, went back to the design table and perfected the forks.[Extracted with edits and revisions from The Making Of Hero: Four Brothers, Two Wheels And A Revolution That Shaped India, Sunil Kant Munjal, HarperCollins India.]Q.What was the primary reason for the Munjal brothers hesitation to enter the bicycle manufacturing business?a)Lack of knowledge about bicycle manufacturing.b)Limited access to technology.c)Scarce capital.d)All of the above.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for CLAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: Read the given passage and answer the question that follows.When my father, the ideas man, had first proposed the idea of manufacturing to his siblings back in the early 1950s, they had expressed their reservations. In those days, bicycle parts and components were by and large imported. The supplies were tightly controlled by a cartel, comprising of the old British agency houses, which had been passed on to Indian associates post-Independence. These entities doled out supplies on a quota basis. My uncle Om Prakash remembered having to wait for two whole days at the offices of Dunlop (suppliers of tyres and tubes), just to meet the manager.My father was persuasive. He was confident that they had the knowhow to manufacture bicycles, but that dream would be stillborn if Indias dependence on imported parts and components continued. He proposed that the brothers manufacture their own. Technology and capital were both scarce, they protested. Even before the karigars (artisans) could get down to making components, tools and dyes would have to be created. Everything would have to be done from scratch, on a shoestring budget.While my uncles Dayanand and Om Prakash were packing up to move to Ludhiana, one of their suppliers, a Muslim by the name of Kareem Deen, was preparing to shift to Pakistan. He manufactured bicycle saddles under a brand name he had created himself. Before he left, Karam Deen went to see his friend Om Prakash Munjal.What happened next would be a life-changing moment for our family. Uncle Om Prakash asked Kareem Deen whether the Munjals could use that brand name for their business. He agreed. The gesture was typical of the way businesses were run at the time – on reputation, relationships and goodwill. The worth and value of brands and patents were not appreciated or understood. And so, with nothing more than a casual nod, his brand passed to the Munjals. Yes, dear reader, you guessed correctly. It was "Hero".Once my uncles came around to the idea of manufacturing, a confident, "Yeh bhi kar lenge" (We can do this too), resounded around the Munjal residence and workplace. It was, of course, easier said than done. After several hits and misses, they finally came up with a product that satisfied all the siblings.But disaster lurked ahead, one that almost cost the Munjals their business. The welding in some of the bicycle forks cracked and the pipes broke off, with the result that the incensed dealers returned all orders and consignments. The siblings pooled their resources and paid back the affected parties, no questions asked. Their reputation survived, but their pockets were almost empty. The Munjal brothers girded their loins, went back to the design table and perfected the forks.[Extracted with edits and revisions from The Making Of Hero: Four Brothers, Two Wheels And A Revolution That Shaped India, Sunil Kant Munjal, HarperCollins India.]Q.What was the primary reason for the Munjal brothers hesitation to enter the bicycle manufacturing business?a)Lack of knowledge about bicycle manufacturing.b)Limited access to technology.c)Scarce capital.d)All of the above.Correct answer is option 'D'. Can you explain this answer?.
Solutions for Directions: Read the given passage and answer the question that follows.When my father, the ideas man, had first proposed the idea of manufacturing to his siblings back in the early 1950s, they had expressed their reservations. In those days, bicycle parts and components were by and large imported. The supplies were tightly controlled by a cartel, comprising of the old British agency houses, which had been passed on to Indian associates post-Independence. These entities doled out supplies on a quota basis. My uncle Om Prakash remembered having to wait for two whole days at the offices of Dunlop (suppliers of tyres and tubes), just to meet the manager.My father was persuasive. He was confident that they had the knowhow to manufacture bicycles, but that dream would be stillborn if Indias dependence on imported parts and components continued. He proposed that the brothers manufacture their own. Technology and capital were both scarce, they protested. Even before the karigars (artisans) could get down to making components, tools and dyes would have to be created. Everything would have to be done from scratch, on a shoestring budget.While my uncles Dayanand and Om Prakash were packing up to move to Ludhiana, one of their suppliers, a Muslim by the name of Kareem Deen, was preparing to shift to Pakistan. He manufactured bicycle saddles under a brand name he had created himself. Before he left, Karam Deen went to see his friend Om Prakash Munjal.What happened next would be a life-changing moment for our family. Uncle Om Prakash asked Kareem Deen whether the Munjals could use that brand name for their business. He agreed. The gesture was typical of the way businesses were run at the time – on reputation, relationships and goodwill. The worth and value of brands and patents were not appreciated or understood. And so, with nothing more than a casual nod, his brand passed to the Munjals. Yes, dear reader, you guessed correctly. It was "Hero".Once my uncles came around to the idea of manufacturing, a confident, "Yeh bhi kar lenge" (We can do this too), resounded around the Munjal residence and workplace. It was, of course, easier said than done. After several hits and misses, they finally came up with a product that satisfied all the siblings.But disaster lurked ahead, one that almost cost the Munjals their business. The welding in some of the bicycle forks cracked and the pipes broke off, with the result that the incensed dealers returned all orders and consignments. The siblings pooled their resources and paid back the affected parties, no questions asked. Their reputation survived, but their pockets were almost empty. The Munjal brothers girded their loins, went back to the design table and perfected the forks.[Extracted with edits and revisions from The Making Of Hero: Four Brothers, Two Wheels And A Revolution That Shaped India, Sunil Kant Munjal, HarperCollins India.]Q.What was the primary reason for the Munjal brothers hesitation to enter the bicycle manufacturing business?a)Lack of knowledge about bicycle manufacturing.b)Limited access to technology.c)Scarce capital.d)All of the above.Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for CLAT. Download more important topics, notes, lectures and mock test series for CLAT Exam by signing up for free.
Here you can find the meaning of Directions: Read the given passage and answer the question that follows.When my father, the ideas man, had first proposed the idea of manufacturing to his siblings back in the early 1950s, they had expressed their reservations. In those days, bicycle parts and components were by and large imported. The supplies were tightly controlled by a cartel, comprising of the old British agency houses, which had been passed on to Indian associates post-Independence. These entities doled out supplies on a quota basis. My uncle Om Prakash remembered having to wait for two whole days at the offices of Dunlop (suppliers of tyres and tubes), just to meet the manager.My father was persuasive. He was confident that they had the knowhow to manufacture bicycles, but that dream would be stillborn if Indias dependence on imported parts and components continued. He proposed that the brothers manufacture their own. Technology and capital were both scarce, they protested. Even before the karigars (artisans) could get down to making components, tools and dyes would have to be created. Everything would have to be done from scratch, on a shoestring budget.While my uncles Dayanand and Om Prakash were packing up to move to Ludhiana, one of their suppliers, a Muslim by the name of Kareem Deen, was preparing to shift to Pakistan. He manufactured bicycle saddles under a brand name he had created himself. Before he left, Karam Deen went to see his friend Om Prakash Munjal.What happened next would be a life-changing moment for our family. Uncle Om Prakash asked Kareem Deen whether the Munjals could use that brand name for their business. He agreed. The gesture was typical of the way businesses were run at the time – on reputation, relationships and goodwill. The worth and value of brands and patents were not appreciated or understood. And so, with nothing more than a casual nod, his brand passed to the Munjals. Yes, dear reader, you guessed correctly. It was "Hero".Once my uncles came around to the idea of manufacturing, a confident, "Yeh bhi kar lenge" (We can do this too), resounded around the Munjal residence and workplace. It was, of course, easier said than done. After several hits and misses, they finally came up with a product that satisfied all the siblings.But disaster lurked ahead, one that almost cost the Munjals their business. The welding in some of the bicycle forks cracked and the pipes broke off, with the result that the incensed dealers returned all orders and consignments. The siblings pooled their resources and paid back the affected parties, no questions asked. Their reputation survived, but their pockets were almost empty. The Munjal brothers girded their loins, went back to the design table and perfected the forks.[Extracted with edits and revisions from The Making Of Hero: Four Brothers, Two Wheels And A Revolution That Shaped India, Sunil Kant Munjal, HarperCollins India.]Q.What was the primary reason for the Munjal brothers hesitation to enter the bicycle manufacturing business?a)Lack of knowledge about bicycle manufacturing.b)Limited access to technology.c)Scarce capital.d)All of the above.Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Directions: Read the given passage and answer the question that follows.When my father, the ideas man, had first proposed the idea of manufacturing to his siblings back in the early 1950s, they had expressed their reservations. In those days, bicycle parts and components were by and large imported. The supplies were tightly controlled by a cartel, comprising of the old British agency houses, which had been passed on to Indian associates post-Independence. These entities doled out supplies on a quota basis. My uncle Om Prakash remembered having to wait for two whole days at the offices of Dunlop (suppliers of tyres and tubes), just to meet the manager.My father was persuasive. He was confident that they had the knowhow to manufacture bicycles, but that dream would be stillborn if Indias dependence on imported parts and components continued. He proposed that the brothers manufacture their own. Technology and capital were both scarce, they protested. Even before the karigars (artisans) could get down to making components, tools and dyes would have to be created. Everything would have to be done from scratch, on a shoestring budget.While my uncles Dayanand and Om Prakash were packing up to move to Ludhiana, one of their suppliers, a Muslim by the name of Kareem Deen, was preparing to shift to Pakistan. He manufactured bicycle saddles under a brand name he had created himself. Before he left, Karam Deen went to see his friend Om Prakash Munjal.What happened next would be a life-changing moment for our family. Uncle Om Prakash asked Kareem Deen whether the Munjals could use that brand name for their business. He agreed. The gesture was typical of the way businesses were run at the time – on reputation, relationships and goodwill. The worth and value of brands and patents were not appreciated or understood. And so, with nothing more than a casual nod, his brand passed to the Munjals. Yes, dear reader, you guessed correctly. It was "Hero".Once my uncles came around to the idea of manufacturing, a confident, "Yeh bhi kar lenge" (We can do this too), resounded around the Munjal residence and workplace. It was, of course, easier said than done. After several hits and misses, they finally came up with a product that satisfied all the siblings.But disaster lurked ahead, one that almost cost the Munjals their business. The welding in some of the bicycle forks cracked and the pipes broke off, with the result that the incensed dealers returned all orders and consignments. The siblings pooled their resources and paid back the affected parties, no questions asked. Their reputation survived, but their pockets were almost empty. The Munjal brothers girded their loins, went back to the design table and perfected the forks.[Extracted with edits and revisions from The Making Of Hero: Four Brothers, Two Wheels And A Revolution That Shaped India, Sunil Kant Munjal, HarperCollins India.]Q.What was the primary reason for the Munjal brothers hesitation to enter the bicycle manufacturing business?a)Lack of knowledge about bicycle manufacturing.b)Limited access to technology.c)Scarce capital.d)All of the above.Correct answer is option 'D'. Can you explain this answer?, a detailed solution for Directions: Read the given passage and answer the question that follows.When my father, the ideas man, had first proposed the idea of manufacturing to his siblings back in the early 1950s, they had expressed their reservations. In those days, bicycle parts and components were by and large imported. The supplies were tightly controlled by a cartel, comprising of the old British agency houses, which had been passed on to Indian associates post-Independence. These entities doled out supplies on a quota basis. My uncle Om Prakash remembered having to wait for two whole days at the offices of Dunlop (suppliers of tyres and tubes), just to meet the manager.My father was persuasive. He was confident that they had the knowhow to manufacture bicycles, but that dream would be stillborn if Indias dependence on imported parts and components continued. He proposed that the brothers manufacture their own. Technology and capital were both scarce, they protested. Even before the karigars (artisans) could get down to making components, tools and dyes would have to be created. Everything would have to be done from scratch, on a shoestring budget.While my uncles Dayanand and Om Prakash were packing up to move to Ludhiana, one of their suppliers, a Muslim by the name of Kareem Deen, was preparing to shift to Pakistan. He manufactured bicycle saddles under a brand name he had created himself. Before he left, Karam Deen went to see his friend Om Prakash Munjal.What happened next would be a life-changing moment for our family. Uncle Om Prakash asked Kareem Deen whether the Munjals could use that brand name for their business. He agreed. The gesture was typical of the way businesses were run at the time – on reputation, relationships and goodwill. The worth and value of brands and patents were not appreciated or understood. And so, with nothing more than a casual nod, his brand passed to the Munjals. Yes, dear reader, you guessed correctly. It was "Hero".Once my uncles came around to the idea of manufacturing, a confident, "Yeh bhi kar lenge" (We can do this too), resounded around the Munjal residence and workplace. It was, of course, easier said than done. After several hits and misses, they finally came up with a product that satisfied all the siblings.But disaster lurked ahead, one that almost cost the Munjals their business. The welding in some of the bicycle forks cracked and the pipes broke off, with the result that the incensed dealers returned all orders and consignments. The siblings pooled their resources and paid back the affected parties, no questions asked. Their reputation survived, but their pockets were almost empty. The Munjal brothers girded their loins, went back to the design table and perfected the forks.[Extracted with edits and revisions from The Making Of Hero: Four Brothers, Two Wheels And A Revolution That Shaped India, Sunil Kant Munjal, HarperCollins India.]Q.What was the primary reason for the Munjal brothers hesitation to enter the bicycle manufacturing business?a)Lack of knowledge about bicycle manufacturing.b)Limited access to technology.c)Scarce capital.d)All of the above.Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of Directions: Read the given passage and answer the question that follows.When my father, the ideas man, had first proposed the idea of manufacturing to his siblings back in the early 1950s, they had expressed their reservations. In those days, bicycle parts and components were by and large imported. The supplies were tightly controlled by a cartel, comprising of the old British agency houses, which had been passed on to Indian associates post-Independence. These entities doled out supplies on a quota basis. My uncle Om Prakash remembered having to wait for two whole days at the offices of Dunlop (suppliers of tyres and tubes), just to meet the manager.My father was persuasive. He was confident that they had the knowhow to manufacture bicycles, but that dream would be stillborn if Indias dependence on imported parts and components continued. He proposed that the brothers manufacture their own. Technology and capital were both scarce, they protested. Even before the karigars (artisans) could get down to making components, tools and dyes would have to be created. Everything would have to be done from scratch, on a shoestring budget.While my uncles Dayanand and Om Prakash were packing up to move to Ludhiana, one of their suppliers, a Muslim by the name of Kareem Deen, was preparing to shift to Pakistan. He manufactured bicycle saddles under a brand name he had created himself. Before he left, Karam Deen went to see his friend Om Prakash Munjal.What happened next would be a life-changing moment for our family. Uncle Om Prakash asked Kareem Deen whether the Munjals could use that brand name for their business. He agreed. The gesture was typical of the way businesses were run at the time – on reputation, relationships and goodwill. The worth and value of brands and patents were not appreciated or understood. And so, with nothing more than a casual nod, his brand passed to the Munjals. Yes, dear reader, you guessed correctly. It was "Hero".Once my uncles came around to the idea of manufacturing, a confident, "Yeh bhi kar lenge" (We can do this too), resounded around the Munjal residence and workplace. It was, of course, easier said than done. After several hits and misses, they finally came up with a product that satisfied all the siblings.But disaster lurked ahead, one that almost cost the Munjals their business. The welding in some of the bicycle forks cracked and the pipes broke off, with the result that the incensed dealers returned all orders and consignments. The siblings pooled their resources and paid back the affected parties, no questions asked. Their reputation survived, but their pockets were almost empty. The Munjal brothers girded their loins, went back to the design table and perfected the forks.[Extracted with edits and revisions from The Making Of Hero: Four Brothers, Two Wheels And A Revolution That Shaped India, Sunil Kant Munjal, HarperCollins India.]Q.What was the primary reason for the Munjal brothers hesitation to enter the bicycle manufacturing business?a)Lack of knowledge about bicycle manufacturing.b)Limited access to technology.c)Scarce capital.d)All of the above.Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Directions: Read the given passage and answer the question that follows.When my father, the ideas man, had first proposed the idea of manufacturing to his siblings back in the early 1950s, they had expressed their reservations. In those days, bicycle parts and components were by and large imported. The supplies were tightly controlled by a cartel, comprising of the old British agency houses, which had been passed on to Indian associates post-Independence. These entities doled out supplies on a quota basis. My uncle Om Prakash remembered having to wait for two whole days at the offices of Dunlop (suppliers of tyres and tubes), just to meet the manager.My father was persuasive. He was confident that they had the knowhow to manufacture bicycles, but that dream would be stillborn if Indias dependence on imported parts and components continued. He proposed that the brothers manufacture their own. Technology and capital were both scarce, they protested. Even before the karigars (artisans) could get down to making components, tools and dyes would have to be created. Everything would have to be done from scratch, on a shoestring budget.While my uncles Dayanand and Om Prakash were packing up to move to Ludhiana, one of their suppliers, a Muslim by the name of Kareem Deen, was preparing to shift to Pakistan. He manufactured bicycle saddles under a brand name he had created himself. Before he left, Karam Deen went to see his friend Om Prakash Munjal.What happened next would be a life-changing moment for our family. Uncle Om Prakash asked Kareem Deen whether the Munjals could use that brand name for their business. He agreed. The gesture was typical of the way businesses were run at the time – on reputation, relationships and goodwill. The worth and value of brands and patents were not appreciated or understood. And so, with nothing more than a casual nod, his brand passed to the Munjals. Yes, dear reader, you guessed correctly. It was "Hero".Once my uncles came around to the idea of manufacturing, a confident, "Yeh bhi kar lenge" (We can do this too), resounded around the Munjal residence and workplace. It was, of course, easier said than done. After several hits and misses, they finally came up with a product that satisfied all the siblings.But disaster lurked ahead, one that almost cost the Munjals their business. The welding in some of the bicycle forks cracked and the pipes broke off, with the result that the incensed dealers returned all orders and consignments. The siblings pooled their resources and paid back the affected parties, no questions asked. Their reputation survived, but their pockets were almost empty. The Munjal brothers girded their loins, went back to the design table and perfected the forks.[Extracted with edits and revisions from The Making Of Hero: Four Brothers, Two Wheels And A Revolution That Shaped India, Sunil Kant Munjal, HarperCollins India.]Q.What was the primary reason for the Munjal brothers hesitation to enter the bicycle manufacturing business?a)Lack of knowledge about bicycle manufacturing.b)Limited access to technology.c)Scarce capital.d)All of the above.Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice CLAT tests.
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