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IIM MBA Entrance Exam : Common Admission Test Question Paper CAT 1993

34 pages, 170 questions, 1 questions with responses, 1 total responses,

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CATsyllabus.com SECTION I Q1 to 13 : Arrange the sentences A, B, C, and D from a logical sequence between sentences 1 and 6. 1. 1. India s experience of industrialization is characteristic of the difficulties faced by a newly independent developing country. A. In 1947, India was undoubtedly an under developed country with one of the lowest per capita incomes in the world. B. Indian industrialization was the result of a conscious deliberate policy of growth by an indigenous political elite. C. Today India ranks fifth in the international comity of nations if measured in terms of purchasing power. D. Even today however, the benefits of Indian industrialization since independence have not reached the masses. 6. in India has been a limited success; one more example of growth without development. (a) CDAB (b) DCBA (c) CABD (d) BACD 2. 1. What does the state do in a country where tax is very low? A. It tries to spy upon the taxpayers. B. It investigates income sources and spending patterns. C. Exactly what the tax authority tries to do now even if inconsistently. D. It could also encourage people to denounce to the tax authorities any conspicuously prosperous neighbours who may be suspected of not paying their taxes properly. 6. The ultimate solution would be an Orwellian System. (a) BADC (b) DBAC (c) ABCD (d) DCBA 3. 1. It is significant that one of the most common objections to competition is that it is blind. A. This is important because in a system of free enterprise based on private property chances are not equal and there is indeed a strong case for reducing the inequality of opportunity. B. Rather it is a choice between a system where it is the will of few persons that decides who is to get what and one where it depends at least partly, on the ability and the enterprise of the people concerned. C. Although competition and justice may have little else in common, it is as much a commendation of competition as of justice that it is no respecter of persons. D. The choice today is not between a system in which everybody will get what he deserves according to some universal standard and one where individuals shares are determined by chance of goodwill. 6. The fact that opportunities open to the poor in a competitive society are much more restricted than those open to the rich, does not make it less true that in such a society the poor are more free than a person commanding much greater material comfort in a different type of society. (a) CDBA (b) DCBA (c) ABCD (d) BADC CAT Test A11 Page 1

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