Advertisement Remove all ads

The Author of the Passage is Most Likely to Agree with Which of the Following Statements: - Logical Reasoning

Question

MCQ

Read the following passage and answer the question that follows:

As infrastructure investments (as a proportion of GDP) have fallen sharply over the twelfth five year plan period (2013-17), attempts to revive the investment cycle are welcome. However, considering that infrastructure investment over the past six years adds up to Rs 51.2 lakh crore, doubling this over the next six years is a tall order. These are not normal times. The economy has slowed down considerably. The financial system remains choked. Add to that an overleveraged corporate sector that is in no mood to invest, and achieving these targets looks increasingly difficult. And a broad-based pick-up in growth is unlikely in the near term. Reviving the investment cycle requires more than just ambitious targets.

The author of the passage is most likely to agree with which of the following statements:

Options

  • The economy needs no remedial measures whatsoever and it can be revived naturally.

  • The present situation in the country is conducive to the improvement of the economy.

  • The need of the hour is a carefully thought through road map.

  • Ambitious targets have the potential to influence and inspire the economy in a positive way.

Solution

The need of the hour is a carefully thought through road map.

Explanation:

It is quite evident that setting up ambitious targets is not enough. Hence,  The need of the hour is a carefully thought through road map is the most appropriate answer choice.

The economy needs no remedial measures whatsoever and it can be revived naturally is wrong because, in light of the passage, it is evident that the economy needs to be addressed.

The present situation in the country is conducive to the improvement of the economy can be ruled out because the author makes it clear throughout the passage that the present economy needs to be worked upon.

Concept: Statement and Assumption (Entrance Exam)
  Is there an error in this question or solution?
Advertisement Remove all ads
Advertisement Remove all ads
Share
Notifications

View all notifications
Login
Create free account


      Forgot password?
View in app×