Multiple choice

Directions: The question has a set of four sequentially ordered statements; each statement can be classified as one of the following: Facts, which deal with pieces of information that one has heard, seen or read, and which are pen the discovery or verification (the answer option indicates such a statements with an 'F') Inferences, which are conclusions drawn about the unknown, on the basis of the known (the answer option indicates such a statement with an 'I'). Judgments, which are opinions that imply approval or disapproval of persons, objects, situations, and occurrences in the past, the present, or the future (the answer option indicates such as statement with a 'J') Select the answer option that best describes the set of four statements.

  1. Economic partnership between nations is the only way to address and resolve the risks and challenges of an economically intertwined world today, though the conflicts between the competitive countries persist and world trade is sharing of risks and rewards equitably.
  2. India has sharpened its focus on promoting a rules based international trading environment and in Doha summit, the primary motive of India is promoting globalization of world trade correcting the imbalances of multilateral trade agreements.
  3. In 2006, the developing countries achieved 7% growth as against 3.1% of developed countries and if this trend continues, it is possible to see a situation where Asia would be at the centre of international economic activity.
  4. With global economies having realized the benefits of integration, it becomes necessary that the impediments to innovation in the form of protectionism, counterfeiting and poor intellectual property regime should be tackled on priority basis.

  1. JJII

  2. IJIJ

  3. JFIJ

  4. JFII

  5. JIIJ

Reveal answer Fill a bubble to check yourself
E Correct answer
Explanation

Statement 1 refers to economic partnership based on judgment. Statement 2 refers to motives of India based on its emphasis, making it an inference. Statement 3 refers to inference based on past results and statement 4 is judgment based. Hence, JIJI