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There is a sentence that is missing in the paragraph below. Look at the paragraph and decide where (option 1, 2, 3, or 4) the following sentence would best fit.
Sentence: Dualism was long held as the defining feature of developing countries in contrast to developed countries, where frontier technologies and high productivity were assumed to prevail.
Paragraph: ___(1)___. At the core of development economics lies the idea of 'productive dualism': that poor countries' economies are split between a narrow 'modern' sector that uses advanced technologies and a larger 'traditional' sector characterized by very low productivity.___(2)___. While this distinction between developing and advanced economies may have made some sense in the 1950s and 1960s, it no longer appears to be very relevant. A combination of forces have produced a widening gap between the winners and those left behind.___(3)___. Convergence between poor and rich parts of the economy was arrested and regional disparities widened.___(4)___. As a result, policymakers in advanced economies are now grappling with the same questions that have long preoccupied developing economies: mainly how to close the gap with the more advanced parts of the economy.
  • a)
    Option 1
  • b)
    Option 2
  • c)
    Option 3
  • d)
    Option 4
Correct answer is option 'B'. Can you explain this answer?
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There is a sentence that is missing in the paragraph below. Look at th...
The given sentence is about dualism, long held as a distinction between developing and developed countries. The sentence before option 2 introduces dualism and the sentence after it begins with 'while this distinction between developing and advanced economies..', making option 2 the best choice for fitting in the given sentence.
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DIRECTIONS for the question:Read the passage and answer the question based on it.Let us consider a very simple example. Some earth-moving job has to be done in an area of high unemployment. There is a wide choice of technologies, ranging from the most modern earth- moving equipment to purely manual work without tools of any kind. The output is fixed by the nature of the job, and it is quite clear that the capital / output ratio will be highest, if the input of capital is kept lowest. If the job were done without any tools, the capital/output ratio would be infinitely large, but the productivity per man would be exceedingly low. If the job were done at the highest level of modern technology, the capital/output ratio would be low and the productivity per man very high.Neither of these extremes is desirable, and a middle way has to be found. Assume some of the unemployed men were first set to work to make a variety of tools, including wheel-barrows and the like, while others were made to produce various wages goods. Each of these lines of production in turn could be based on a wide range of different technologies, from the simplest to the most sophisticated. The task in every case would be to find an intermediate technology which obtains a fair level of productivity without having to resort to the purchase of expensive and sophisticated equipment. The outcome of the whole venture would be an economic development going far beyond the completion of the initial earth-moving Project. With a total input of capital from outside which might be much smaller than would have been involved in the acquisition of the most modern earth-moving equipment, and an input of (previously unemploye d) labour much greater than the modern method would have demanded, not only a given project would have been completed, but a whole community would have been set on the path of development.I say, therefore, that the dynamic approach to development, which treats the choice of appropriate, intermediate technologies as the central issue, opens up avenues of constructive action, which the static, econometric approach totally fails to recognise. This leads to the next objection which has been raised against the idea of intermediate technology. It is argued that all this might be quite promising if it were not for a notorious shortage of entrepreneurial ability in the under-developed countries. This scarce resource should therefore be utilised in the most concentrated way, in places where it has the best chances of success and should be endowed with the finest capital equipment the world can offer. Industry, it is thus argued, should be established in or near the big cities, in large integrated units, and on the highest possible level of capitalisation per workplace.The argument hinges on the assumption that entrepreneurial ability is a fixed and given quantity, and thus again betrays a purely static point of view. It is, of course, neither fixed nor given, being largely a function of the technology to be employed. Men, quite incapable of acting as entrepreneurs on the level of modern technology, may nonetheless be fully capable of making a success of a small-scale enterprise set up on the basis of intermediate technology - for reasons already explained above. In fact, it seems to me, that the apparent shortage of entrepreneurs in many developing countries today is precisely the result of the negative demonstration effect of a sophisticated technology infiltrated into an unsophisticated environment. The introduction of an appropriate, intermediate technology would not be likely to founder on any shortage of entrepreneurial ability. Nor would it diminish the supply of entrepreneurs for enterprises in the modem sector; on the contrary, by spreading familiarity with systematic, technical modes of production over the entire population it would undoubtedly help to increase the supply of the required talent.Q.Which of the following cannot be inferred from the passage?

DIRECTIONS for the question:Read the passage and answer the question based on it.Let us consider a very simple example. Some earth-moving job has to be done in an area of high unemployment. There is a wide choice of technologies, ranging from the most modern earth- moving equipment to purely manual work without tools of any kind. The output is fixed by the nature of the job, and it is quite clear that the capital / output ratio will be highest, if the input of capital is kept lowest. If the job were done without any tools, the capital/output ratio would be infinitely large, but the productivity per man would be exceedingly low. If the job were done at the highest level of modern technology, the capital/output ratio would be low and the productivity per man very high.Neither of these extremes is desirable, and a middle way has to be found. Assume some of the unemployed men were first set to work to make a variety of tools, including wheel-barrows and the like, while others were made to produce various wages goods. Each of these lines of production in turn could be based on a wide range of different technologies, from the simplest to the most sophisticated. The task in every case would be to find an intermediate technology which obtains a fair level of productivity without having to resort to the purchase of expensive and sophisticated equipment. The outcome of the whole venture would be an economic development going far beyond the completion of the initial earth-moving Project. With a total input of capital from outside which might be much smaller than would have been involved in the acquisition of the most modern earth-moving equipment, and an input of (previously unemploye d) labour much greater than the modern method would have demanded, not only a given project would have been completed, but a whole community would have been set on the path of development.I say, therefore, that the dynamic approach to development, which treats the choice of appropriate, intermediate technologies as the central issue, opens up avenues of constructive action, which the static, econometric approach totally fails to recognise. This leads to the next objection which has been raised against the idea of intermediate technology. It is argued that all this might be quite promising if it were not for a notorious shortage of entrepreneurial ability in the under-developed countries. This scarce resource should therefore be utilised in the most concentrated way, in places where it has the best chances of success and should be endowed with the finest capital equipment the world can offer. Industry, it is thus argued, should be established in or near the big cities, in large integrated units, and on the highest possible level of capitalisation per workplace.The argument hinges on the assumption that entrepreneurial ability is a fixed and given quantity, and thus again betrays a purely static point of view. It is, of course, neither fixed nor given, being largely a function of the technology to be employed. Men, quite incapable of acting as entrepreneurs on the level of modern technology, may nonetheless be fully capable of making a success of a small-scale enterprise set up on the basis of intermediate technology - for reasons already explained above. In fact, it seems to me, that the apparent shortage of entrepreneurs in many developing countries today is precisely the result of the negative demonstration effect of a sophisticated technology infiltrated into an unsophisticated environment. The introduction of an appropriate, intermediate technology would not be likely to founder on any shortage of entrepreneurial ability. Nor would it diminish the supply of entrepreneurs for enterprises in the modem sector; on the contrary, by spreading familiarity with systematic, technical modes of production over the entire population it would undoubtedly help to increase the supply of the required talent.Q.As per the passage, what is the correlation between technology and entrepreneurial ability?

DIRECTIONS for the question:Read the passage and answer the question based on it.Let us consider a very simple example. Some earth-moving job has to be done in an area of high unemployment. There is a wide choice of technologies, ranging from the most modern earth- moving equipment to purely manual work without tools of any kind. The output is fixed by the nature of the job, and it is quite clear that the capital / output ratio will be highest, if the input of capital is kept lowest. If the job were done without any tools, the capital/output ratio would be infinitely large, but the productivity per man would be exceedingly low. If the job were done at the highest level of modern technology, the capital/output ratio would be low and the productivity per man very high.Neither of these extremes is desirable, and a middle way has to be found. Assume some of the unemployed men were first set to work to make a variety of tools, including wheel-barrows and the like, while others were made to produce various wages goods. Each of these lines of production in turn could be based on a wide range of different technologies, from the simplest to the most sophisticated. The task in every case would be to find an intermediate technology which obtains a fair level of productivity without having to resort to the purchase of expensive and sophisticated equipment. The outcome of the whole venture would be an economic development going far beyond the completion of the initial earth-moving Project. With a total input of capital from outside which might be much smaller than would have been involved in the acquisition of the most modern earth-moving equipment, and an input of (previously unemploye d) labour much greater than the modern method would have demanded, not only a given project would have been completed, but a whole community would have been set on the path of development.I say, therefore, that the dynamic approach to development, which treats the choice of appropriate, intermediate technologies as the central issue, opens up avenues of constructive action, which the static, econometric approach totally fails to recognise. This leads to the next objection which has been raised against the idea of intermediate technology. It is argued that all this might be quite promising if it were not for a notorious shortage of entrepreneurial ability in the under-developed countries. This scarce resource should therefore be utilised in the most concentrated way, in places where it has the best chances of success and should be endowed with the finest capital equipment the world can offer. Industry, it is thus argued, should be established in or near the big cities, in large integrated units, and on the highest possible level of capitalisation per workplace.The argument hinges on the assumption that entrepreneurial ability is a fixed and given quantity, and thus again betrays a purely static point of view. It is, of course, neither fixed nor given, being largely a function of the technology to be employed. Men, quite incapable of acting as entrepreneurs on the level of modern technology, may nonetheless be fully capable of making a success of a small-scale enterprise set up on the basis of intermediate technology - for reasons already explained above. In fact, it seems to me, that the apparent shortage of entrepreneurs in many developing countries today is precisely the result of the negative demonstration effect of a sophisticated technology infiltrated into an unsophisticated environment. The introduction of an appropriate, intermediate technology would not be likely to founder on any shortage of entrepreneurial ability. Nor would it diminish the supply of entrepreneurs for enterprises in the modem sector; on the contrary, by spreading familiarity with systematic, technical modes of production over the entire population it would undoubtedly help to increase the supply of the required talent.Q.What is the primary purpose of the passage?

Directions: Read the following passage and answer the question that follows.Alleviation of rural poverty has been one of the primary objectives of planned development in India. Ever since the inception of planning, the policies and the programmes have been designed and redesigned with this aim. The problem of rural poverty was brought into a sharper focus during the Sixth Plan. The Seventh Plan too emphasised growth with social justice. It was realized that a sustainable strategy of poverty alleviation has to be based on inversing the productive employment opportunities in the process of growth itself. However, to the extent the process of growth bypasses some sections of the population, it is necessary to formulate specific poverty alleviation programmes for generation of a certain minimum level of income for the rural poor. Rural development implies both the economic betterment of people as well as greater social transformation. Increased participation of people in the rural development process, decentralisation of planning, better enforcement of land reforms and greater access to credit and inputs go a long way in providing the rural people with better prospects of economic development. Improvements in health, education, drinking water, energy supply sanitation and housing couple with attitudinal changes also facilitate their social development.Rural poverty is inextricably linked with low rural productivity and unemployment, including underemployment. Hence, it is imperative to improve productivity and increase employment in rural areas. Moreover, more employment needs to be generated at higher levels of productivity in order to generate higher output. Employment at miserably low levels of productivity and incomes is already a problem of far greater magnitude than unemployment as such. It was around 5 percent. As per the currently used methodology in the Planning Commission, poverty for the same year was estimated to be 30 percent. This demonstrates that even though a large proportion of the rural population was working it was difficult for them to eke out a living even at subsistence levels from it. It is true that there has been a considerable decline in the incidence of rural poverty over time. In terms of absolute numbers of poor, the decline has been much less. While this can be attributed to the demographic factor, the fact remains that after 40 years of planned development about 200 million are still poor in rural India.Q.Which of the following statements is/are true in the context of the passage?(i) There has been a significant increase in the number of rural poor.(ii) Before the Sixth Plan, the policies regarding alleviation of rural poverty were almost non-existent.(iii) Social change coupled with financial uplift is implied in rural development.

Directions: Read the following passage and answer the question that follows.Alleviation of rural poverty has been one of the primary objectives of planned development in India. Ever since the inception of planning, the policies and the programmes have been designed and redesigned with this aim. The problem of rural poverty was brought into a sharper focus during the Sixth Plan. The Seventh Plan too emphasised growth with social justice. It was realized that a sustainable strategy of poverty alleviation has to be based on inversing the productive employment opportunities in the process of growth itself. However, to the extent the process of growth bypasses some sections of the population, it is necessary to formulate specific poverty alleviation programmes for generation of a certain minimum level of income for the rural poor. Rural development implies both the economic betterment of people as well as greater social transformation. Increased participation of people in the rural development process, decentralisation of planning, better enforcement of land reforms and greater access to credit and inputs go a long way in providing the rural people with better prospects of economic development. Improvements in health, education, drinking water, energy supply sanitation and housing couple with attitudinal changes also facilitate their social development.Rural poverty is inextricably linked with low rural productivity and unemployment, including underemployment. Hence, it is imperative to improve productivity and increase employment in rural areas. Moreover, more employment needs to be generated at higher levels of productivity in order to generate higher output. Employment at miserably low levels of productivity and incomes is already a problem of far greater magnitude than unemployment as such. It was around 5 percent. As per the currently used methodology in the Planning Commission, poverty for the same year was estimated to be 30 percent. This demonstrates that even though a large proportion of the rural population was working it was difficult for them to eke out a living even at subsistence levels from it. It is true that there has been a considerable decline in the incidence of rural poverty over time. In terms of absolute numbers of poor, the decline has been much less. While this can be attributed to the demographic factor, the fact remains that after 40 years of planned development about 200 million are still poor in rural India.Q.The passage mainly deals with

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There is a sentence that is missing in the paragraph below. Look at the paragraph and decide where (option 1, 2, 3, or 4) the following sentence would best fit.Sentence: Dualism was long held as the defining feature of developing countries in contrast to developed countries, where frontier technologies and high productivity were assumed to prevail.Paragraph: ___(1)___. At the core of development economics lies the idea of productive dualism: that poor countries economies are split between a narrow modern sector that uses advanced technologies and a larger traditional sector characterized by very low productivity.___(2)___. While this distinction between developing and advanced economies may have made some sense in the 1950s and 1960s, it no longer appears to be very relevant. A combination of forces have produced a widening gap between the winners and those left behind.___(3)___. Convergence between poor and rich parts of the economy was arrested and regional disparities widened.___(4)___. As a result, policymakers in advanced economies are now grappling with the same questions that have long preoccupied developing economies: mainly how to close the gap with the more advanced parts of the economy.a)Option 1b)Option 2c)Option 3d)Option 4Correct answer is option 'B'. Can you explain this answer?
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There is a sentence that is missing in the paragraph below. Look at the paragraph and decide where (option 1, 2, 3, or 4) the following sentence would best fit.Sentence: Dualism was long held as the defining feature of developing countries in contrast to developed countries, where frontier technologies and high productivity were assumed to prevail.Paragraph: ___(1)___. At the core of development economics lies the idea of productive dualism: that poor countries economies are split between a narrow modern sector that uses advanced technologies and a larger traditional sector characterized by very low productivity.___(2)___. While this distinction between developing and advanced economies may have made some sense in the 1950s and 1960s, it no longer appears to be very relevant. A combination of forces have produced a widening gap between the winners and those left behind.___(3)___. Convergence between poor and rich parts of the economy was arrested and regional disparities widened.___(4)___. As a result, policymakers in advanced economies are now grappling with the same questions that have long preoccupied developing economies: mainly how to close the gap with the more advanced parts of the economy.a)Option 1b)Option 2c)Option 3d)Option 4Correct answer is option 'B'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about There is a sentence that is missing in the paragraph below. Look at the paragraph and decide where (option 1, 2, 3, or 4) the following sentence would best fit.Sentence: Dualism was long held as the defining feature of developing countries in contrast to developed countries, where frontier technologies and high productivity were assumed to prevail.Paragraph: ___(1)___. At the core of development economics lies the idea of productive dualism: that poor countries economies are split between a narrow modern sector that uses advanced technologies and a larger traditional sector characterized by very low productivity.___(2)___. While this distinction between developing and advanced economies may have made some sense in the 1950s and 1960s, it no longer appears to be very relevant. A combination of forces have produced a widening gap between the winners and those left behind.___(3)___. Convergence between poor and rich parts of the economy was arrested and regional disparities widened.___(4)___. As a result, policymakers in advanced economies are now grappling with the same questions that have long preoccupied developing economies: mainly how to close the gap with the more advanced parts of the economy.a)Option 1b)Option 2c)Option 3d)Option 4Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for There is a sentence that is missing in the paragraph below. Look at the paragraph and decide where (option 1, 2, 3, or 4) the following sentence would best fit.Sentence: Dualism was long held as the defining feature of developing countries in contrast to developed countries, where frontier technologies and high productivity were assumed to prevail.Paragraph: ___(1)___. At the core of development economics lies the idea of productive dualism: that poor countries economies are split between a narrow modern sector that uses advanced technologies and a larger traditional sector characterized by very low productivity.___(2)___. While this distinction between developing and advanced economies may have made some sense in the 1950s and 1960s, it no longer appears to be very relevant. A combination of forces have produced a widening gap between the winners and those left behind.___(3)___. Convergence between poor and rich parts of the economy was arrested and regional disparities widened.___(4)___. As a result, policymakers in advanced economies are now grappling with the same questions that have long preoccupied developing economies: mainly how to close the gap with the more advanced parts of the economy.a)Option 1b)Option 2c)Option 3d)Option 4Correct answer is option 'B'. Can you explain this answer?.
Solutions for There is a sentence that is missing in the paragraph below. Look at the paragraph and decide where (option 1, 2, 3, or 4) the following sentence would best fit.Sentence: Dualism was long held as the defining feature of developing countries in contrast to developed countries, where frontier technologies and high productivity were assumed to prevail.Paragraph: ___(1)___. At the core of development economics lies the idea of productive dualism: that poor countries economies are split between a narrow modern sector that uses advanced technologies and a larger traditional sector characterized by very low productivity.___(2)___. While this distinction between developing and advanced economies may have made some sense in the 1950s and 1960s, it no longer appears to be very relevant. A combination of forces have produced a widening gap between the winners and those left behind.___(3)___. Convergence between poor and rich parts of the economy was arrested and regional disparities widened.___(4)___. As a result, policymakers in advanced economies are now grappling with the same questions that have long preoccupied developing economies: mainly how to close the gap with the more advanced parts of the economy.a)Option 1b)Option 2c)Option 3d)Option 4Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT. Download more important topics, notes, lectures and mock test series for CAT Exam by signing up for free.
Here you can find the meaning of There is a sentence that is missing in the paragraph below. Look at the paragraph and decide where (option 1, 2, 3, or 4) the following sentence would best fit.Sentence: Dualism was long held as the defining feature of developing countries in contrast to developed countries, where frontier technologies and high productivity were assumed to prevail.Paragraph: ___(1)___. At the core of development economics lies the idea of productive dualism: that poor countries economies are split between a narrow modern sector that uses advanced technologies and a larger traditional sector characterized by very low productivity.___(2)___. While this distinction between developing and advanced economies may have made some sense in the 1950s and 1960s, it no longer appears to be very relevant. A combination of forces have produced a widening gap between the winners and those left behind.___(3)___. Convergence between poor and rich parts of the economy was arrested and regional disparities widened.___(4)___. As a result, policymakers in advanced economies are now grappling with the same questions that have long preoccupied developing economies: mainly how to close the gap with the more advanced parts of the economy.a)Option 1b)Option 2c)Option 3d)Option 4Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of There is a sentence that is missing in the paragraph below. Look at the paragraph and decide where (option 1, 2, 3, or 4) the following sentence would best fit.Sentence: Dualism was long held as the defining feature of developing countries in contrast to developed countries, where frontier technologies and high productivity were assumed to prevail.Paragraph: ___(1)___. At the core of development economics lies the idea of productive dualism: that poor countries economies are split between a narrow modern sector that uses advanced technologies and a larger traditional sector characterized by very low productivity.___(2)___. While this distinction between developing and advanced economies may have made some sense in the 1950s and 1960s, it no longer appears to be very relevant. A combination of forces have produced a widening gap between the winners and those left behind.___(3)___. Convergence between poor and rich parts of the economy was arrested and regional disparities widened.___(4)___. As a result, policymakers in advanced economies are now grappling with the same questions that have long preoccupied developing economies: mainly how to close the gap with the more advanced parts of the economy.a)Option 1b)Option 2c)Option 3d)Option 4Correct answer is option 'B'. Can you explain this answer?, a detailed solution for There is a sentence that is missing in the paragraph below. Look at the paragraph and decide where (option 1, 2, 3, or 4) the following sentence would best fit.Sentence: Dualism was long held as the defining feature of developing countries in contrast to developed countries, where frontier technologies and high productivity were assumed to prevail.Paragraph: ___(1)___. At the core of development economics lies the idea of productive dualism: that poor countries economies are split between a narrow modern sector that uses advanced technologies and a larger traditional sector characterized by very low productivity.___(2)___. While this distinction between developing and advanced economies may have made some sense in the 1950s and 1960s, it no longer appears to be very relevant. A combination of forces have produced a widening gap between the winners and those left behind.___(3)___. Convergence between poor and rich parts of the economy was arrested and regional disparities widened.___(4)___. As a result, policymakers in advanced economies are now grappling with the same questions that have long preoccupied developing economies: mainly how to close the gap with the more advanced parts of the economy.a)Option 1b)Option 2c)Option 3d)Option 4Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of There is a sentence that is missing in the paragraph below. Look at the paragraph and decide where (option 1, 2, 3, or 4) the following sentence would best fit.Sentence: Dualism was long held as the defining feature of developing countries in contrast to developed countries, where frontier technologies and high productivity were assumed to prevail.Paragraph: ___(1)___. At the core of development economics lies the idea of productive dualism: that poor countries economies are split between a narrow modern sector that uses advanced technologies and a larger traditional sector characterized by very low productivity.___(2)___. While this distinction between developing and advanced economies may have made some sense in the 1950s and 1960s, it no longer appears to be very relevant. A combination of forces have produced a widening gap between the winners and those left behind.___(3)___. Convergence between poor and rich parts of the economy was arrested and regional disparities widened.___(4)___. As a result, policymakers in advanced economies are now grappling with the same questions that have long preoccupied developing economies: mainly how to close the gap with the more advanced parts of the economy.a)Option 1b)Option 2c)Option 3d)Option 4Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice There is a sentence that is missing in the paragraph below. Look at the paragraph and decide where (option 1, 2, 3, or 4) the following sentence would best fit.Sentence: Dualism was long held as the defining feature of developing countries in contrast to developed countries, where frontier technologies and high productivity were assumed to prevail.Paragraph: ___(1)___. At the core of development economics lies the idea of productive dualism: that poor countries economies are split between a narrow modern sector that uses advanced technologies and a larger traditional sector characterized by very low productivity.___(2)___. While this distinction between developing and advanced economies may have made some sense in the 1950s and 1960s, it no longer appears to be very relevant. A combination of forces have produced a widening gap between the winners and those left behind.___(3)___. Convergence between poor and rich parts of the economy was arrested and regional disparities widened.___(4)___. As a result, policymakers in advanced economies are now grappling with the same questions that have long preoccupied developing economies: mainly how to close the gap with the more advanced parts of the economy.a)Option 1b)Option 2c)Option 3d)Option 4Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice CAT tests.
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