CAT 2024 Slot 1 Question Paper

Option B is the correct answer.  The passage argues that, despite the advances in digital distribution and storage of films (via streaming services or digital purchases), access to art is becoming more fragile. It highlights how content can disappear from platforms, how digital files deteriorate over time, and how rights agreements can limit access based on geographical location. The idea that technology and platform control lead to difficulties in maintaining access is a key theme, making Option B the best fit.

Option A: The passage does not advocate changing the understanding of art as immutable or easily available; rather, it focuses on the fragility of digital access and how streaming and digital platforms control availability.

Option C: This is an overstatement of the passage’s argument. While the passage briefly touches on the idea of retroactive changes to works like Stranger Things, it does not present these changes as inherently "dangerous." The focus is more on the issue of access and control over content in the digital age rather than on criticizing the creative process itself.

Option D: The passage does not argue for the free availability of art in the cultural commons in perpetuity. While it discusses the issue of access to content, it does not suggest that art should be available irrespective of payment. Instead, it highlights how access is controlled by platforms and technological challenges rather than making a broader ideological statement about cultural commons.

Option B is the correct answer. This option would invalidate the main argument because it directly addresses the issue raised in the passage, i.e., the lack of permanent access to digital content. The passage highlights concerns about the temporary and restricted nature of digital ownership. If studios and streaming services committed to providing perpetual and platform-independent access, it would resolve the problem of content being removed or restricted, making the author's argument about the instability of digital media irrelevant.

Option A: This option would not invalidate the argument because the passage mentions that Blu-ray discs have a theoretical shelf life but acknowledges that their durability depends on storage conditions and availability of playback equipment.

Option C: This option doesn't directly invalidate the argument either. While VPNs might help users bypass geo-restrictions, it doesn't address the broader issue of digital ownership and the fragility of digital rights, especially the fear of losing access to content due to different rights agreements. The passage focuses on the unreliability and restrictions of digital ownership, not just geographical access.

Option D: While this option touches on the potential for preserving digital content, it doesn't directly address the problem raised in the passage: the lack of permanent, independent access to content.

Option B is the correct answer. The passage contrasts the past and present by mentioning that, in the past, films were considered “as good as gone” once they left the cinema, meaning they were ephemeral and not readily accessible afterwards. Whereas, today's audience expects ongoing access to films well beyond their initial cinema run, thanks to technological advancements like streaming services and digital media. This shift in expectations is what the passage implies when referencing the previous era's ephemerality versus today's more lasting availability.

Option A: This is not the main point. While it may be true that people accepted films as temporary, the passage emphasizes today's expectations rather than discussing past acceptance.

Option C: The passage does not specifically mention technology improvements; it focuses more on audience expectations. It’s not about better preservation technology but the belief that films should now be available beyond just the cinema.

Option D: While the passage suggests that audiences may expect films to remain accessible, it does not claim there is no reason for studios to remove access. The point is that audiences expect continuous access, but the passage acknowledges that financial motives may lead to films being removed from platforms.

Option C is the correct answer. The passage highlights that the practice of streaming services, like Netflix, editing old episodes of Stranger Things retroactively raised concerns. The alteration of a popular show’s content without consent or transparency supports the concern that such platforms can tamper with or erase parts of culture at their discretion, rather than preserve them as they were originally created.

Option A: This option touches on a central theme of the passage (that streaming services control access to content), but it doesn't fully capture the specific concern raised by the example of Stranger Things editing. The example is more about how content is altered (not just removed or restricted), which is not directly about controlling access. Instead, it's about manipulating the content, which is different from simply restricting access.

Option B: The passage notes that reports about Netflix editing Stranger Things were "since denied by the show’s creators," but this is not the main focus. The passage is more concerned with the possibility and practice of editing content on streaming platforms, not the specific issue of whether the reports are unsubstantiated.

Option D: The example of Stranger Things is not necessarily about changing films to suit new tastes or technology. Rather, it’s about the platform’s ability to alter existing content without transparency or input from the original creators. The issue is less about "art in the digital age" and more about trust and preservation, which is the focus of the passage.

Writing down the values given in the candlestick chart in the form of a table for ease of calculation, 

We are given that, Daily Share Price Variability (SPV) is defined as (Day’s high price - Day’s low price) / (Average of the opening and closing prices during the day)

Calculating it for the four options, 
Stock F: 800/1700=8/17
Stock A: 1200/2000=3/5
Stock D: 900/750=90/75=6/5
Stock C: 600/1000=3/5

Clearly Stock D has the highest SPV. 

Writing down the values given in the candlestick chart in the form of a table for ease of calculation,

We are given that, Daily Share Price Variability (SPV) is defined as (Day’s high price - Day’s low price) / (Average of the opening and closing prices during the day)

Calculating it for the stocks 
Stock A: 1200/2000=3/5
Stock B: 600/1850=60/185
Stock C: 600/1000=3/5
Stock D: 900/750=90/75=6/5
Stock E: 300/1200=1/4
Stock F: 800/1700=8/17
Stock G: 900/1450=90/145

We need to check for stocks greater than 0.5 on that day, 
Stock A, Stock C, Stock D, Stock G have SPV greater than 0.5 that day. 

Hence, the answer is 4. 

Writing down the values given in the candlestick chart in the form of a table for ease of calculation,

Daily loss for a share is defined as (Opening price - Closing price) / (Opening price)

Calculating this for the options: 
Stock A: 400/2200=2/11
Stock B: 300/2000=3/20
Stock F: 200/1800=1/9
Stock G gained money that day

Hence Stock A has the highest Daily Loss. 

Writing down the values given in the candlestick chart in the form of a table for ease of calculation,

There are three bullish shares, C D and G
Lets say a trader buys one share of each of these stocks, and sells them at their day's high
One share of C at opening is 800, sells at 1400
One share of D at opening is 500, 1200
One share of G at opening is 1200, 1900

Total Investment is 2500, and total money after selling is 4500
That is an 80% return since, $$\dfrac{\left(4500-2500\right)}{2500}=0.8$$

We can note down the data from the chart into the form of a table, that gives us,

We are told that D receives more stars than C from Y. Considering Y has already given 25 stars, it will give 0 stars to C and 5 stars to D. 
The only two surfers who have not given any stars to A or B is O and X, and these are the two surfers to give all of their stars to a single blogger. 

We are also told that M gives different stars to the four bloggers, 
Since he has already given 0 and 10, the remaining distinct stars should add up to 20. The only numbers that are remaining that add up to 20 are 5 and 15. 
We know that X rewards one of C or D 30 stars and O rewards one of C or D 30 stars. Given that, M could not have rewarded D 15 stars, since Y rewarded D 5 stars, and D is also going to rewarded 30 stars by O or X, and since the total is same for all, which is 45. This is not possible. 
This means that, M rewarded C 15 stars and D 5 stars. 
This gives us two cases, 
Case-1

Case-2

We can use these two cases to answer the questions, 

D was rewarded 45 stars in total. 

We can note down the data from the chart into the form of a table, that gives us,

We are told that D receives more stars than C from Y. Considering Y has already given 25 stars, it will give 0 stars to C and 5 stars to D.
The only two surfers who have not given any stars to A or B is O and X, and these are the two surfers to give all of their stars to a single blogger.

We are also told that M gives different stars to the four bloggers,
Since he has already given 0 and 10, the remaining distinct stars should add up to 20. The only numbers that are remaining that add up to 20 are 5 and 15.
We know that X rewards one of C or D 30 stars and O rewards one of C or D 30 stars. Given that, M could not have rewarded D 15 stars, since Y rewarded D 5 stars, and D is also going to rewarded 30 stars by O or X, and since the total is same for all, which is 45. This is not possible.
This means that, M rewarded C 15 stars and D 5 stars.
This gives us two cases,
Case-1

Case-2

We can use these two cases to answer the questions,

D received 5 stars from Y.