Comprehension


Direction: In the following questions, you have two brief passages with 5 questions following each passage. Read the passages carefully and choose the best answer to each question out of the four alternatives.
PASSAGE
International trade represents a significant share of Gross Domestic Product (GDP). While international trade has been present throughout much of history, its economic, social and political importance has been on the rise in recent centuries. Industrialization, advances in tecnology, transportation, globalization, multinational corporations, and outsourcing are all having a major impact on the international trade system. Increasing international trade is crucial to the continuance of globalization. International trade is, in principle, not different from domestic as the motivation and the behaviour of parties is across a border or not. The main difference is that international trade. Another difference between domestic and international trade is that factors of production such as capital and labour are typically more mobile within a country than across countries.

  1. Which of the following is one of the factors of production?









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    Capital

    Correct Option: A

    Capital


Direction: In the following questions, you have two brief passages with 5 questions following each passage. Read the passages carefully and choose the best answer to each question out of the four alternatives.
PASSAGE
The Critical Faculty is the most potent one in the human make-up. Its pervasiveness and force have not properly been recognized because like breathing, it is so much a part and parcel of human activity. The difference between a simpleton and an intelligent man, according to the man who is convinced that he is of the latter category, is that the former wholeheartedly accepts all things that he sees and hears while the latter never admits anything except after a most searching scrutiny. He imagines his intelligence to be a sieve of closely woven mesh through which nothing but the finest can pass. The critical sense is essential for keeping social transactions in a warm state. Otherwise life would become very dull and goody-goody. The critical faculty is responsible for a lot of give and take in life. It increases our awareness of our surroundings; it sounds dignified, no doubt, but it seems also to mean that we can watch someone else’s back better than our own! We never know our own defects till they are pointed out to us, and even then we need not accept them. We always question the bonafides of the man who tells us unpleasant facts. On the surface it is all very well to say, ‘I want an honest criticism; that will help me, not blind compliments.’ I wish people would mean it.
SOME IMPORTANT WORDS
(1) pervasiveness (N.): the quality of existing in all parts of a place/thing
(2) part and parcel (Id.) : an essential part of something
(3) simpleton (N.) : a person who is not very intelligent and can be tricked easily
(4) convinced (Adj.) : completely sure about something
(5) scrutiny (N.) : careful and thorough examination
(6) sieve (N.) : strainer ; filter
(7) mesh (N.) : net
(8) bonafides (N.) : evidence that somebody/something is honest

  1. The self-defined intelligent man defines himself on the basis of









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    his obvious divergence from the simpleton.

    Correct Option: A

    his obvious divergence from the simpleton.



  1. What, according to the writer, is the essential link between breathing and the critical faculty?









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    Both are exercised by human beings

    Correct Option: B

    Both are exercised by human beings


  1. The critical faculty is defined as the ‘most potent one in human make-up’ because









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    All of the above

    Correct Option: D

    All of the above



  1. People who solicit others’ opinions (about themselves) generally want









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    honest criticism

    Correct Option: B

    honest criticism