Reading comprehension is an integral part of the VARC section of CAT. In the CAT exam, you will be given a passage followed by the questions asked based on the given passage. Practice the following CAT Reading comprehension sets from previous papers with detailed video solutions. Take them in a test format, or download all the questions in a PDF format. To get more detailed understanding go across CAT Previous Papers where you get a fair understanding of the exam. You can also get better understanding of these type of questions by taking numerous CAT mock tests. Click on the below link to download CAT reading comprehension questions with video solutions PDF for free. The best part is that the CAT experts explain all the questions in detail in the video solutions.
Speed reading: Avoid speed reading, skimming, surfing, and other gimmicky techniques while taking an RC.
Reading the questions first: Reading the questions first will not be a good idea. Read the passage first and assimilate the information before moving on to the questions.
Maintain objectivity: Do not let your knowledge of a topic interfere with the information provided in the passage.
Note: No sign-up is required to download the questions PDF.
Year | Weightage (No. of Questions) |
2024 | 16 |
2023 | 16 |
2022 | 16 |
2021 | 16 |
2020 | 16 |
Develop a Reading Habit: Read as much and as frequently as possible. A proper reading habit will strengthen your vocabulary and rapidly develop your comprehension capability.
Start Reading That Makes You Interested: You must persistently maintain your initial reading streak and let it form a routine.
Write the summary: To summarize what the article intends to convey in your own words. Analyze why the author has included the paragraph in the passage and how the paragraph is linked to the central idea of the RC passage
The passage below is accompanied by four questions. Based on the passage, choose the best answer for each question.
The history of any major technological or industrial advance is inevitably shadowed by a less predictable history of unintended consequences and secondary effects — what economists sometimes call “externalities.” Sometimes those consequences are innocuous ones, or even beneficial. Gutenberg invents the printing press, and literacy rates rise, which causes a significant part of the reading public to require spectacles for the first time, which creates a surge of investment in lens-making across Europe, which leads to the invention of the telescope and the microscope.
Oftentimes the secondary effects seem to belong to an entirely different sphere of society. When Willis Carrier hit upon the idea of air-conditioning, the technology was primarily intended for industrial use: ensuring cool, dry air for factories that required low-humidity environments. But…it touched off one of the largest migrations in the history of the United States, enabling the rise of metropolitan areas like Phoenix and Las Vegas that barely existed when Carrier first started tinkering with the idea in the early 1900s.
Sometimes the unintended consequence comes about when consumers use an invention in a surprising way. Edison famously thought his phonograph, which he sometimes called “the talking machine,” would primarily be used to take dictation….But then later innovators… discovered a much larger audience willing to pay for musical recordings made on descendants of Edison’s original invention. In other cases, the original innovation comes into the world disguised as a plaything…the way the animatronic dolls of the mid-1700s inspired Jacquard to invent the first “programmable” loom and Charles Babbage to invent the first machine that fit the modern definition of a computer, setting the stage for the revolution in programmable technology that would transform the 21st century in countless ways.
We live under the gathering storm of modern history’s most momentous unintended consequence….carbon-based climate change. Imagine the vast sweep of inventors whose ideas started the Industrial Revolution, all the entrepreneurs and scientists and hobbyists who had a hand in bringing it about. Line up a thousand of them and ask them all what they had been hoping to do with their work. Not one would say that their intent had been to deposit enough carbon in the atmosphere to create a greenhouse effect that trapped heat at the surface of the planet. And yet here we are.
Ethyl (leaded fuel) and Freon belonged to the same general class of secondary effect: innovations whose unintended consequences stem from some kind of waste by-product that they emit. But the potential health threats of Ethyl (unleaded fuel) were visible in the 1920s, unlike, say, the long-term effects of atmospheric carbon build up in the early days of the Industrial Revolution….
Indeed, it is reasonable to see CFCs (chlorofluorocarbons) as a forerunner of the kind of threat we will most likely face in the coming decades, as it becomes increasingly possible for individuals or small groups to create new scientific advances — through chemistry or biotechnology or materials science — setting off unintended consequences that reverberate on a global scale.
We can assume that the author would support all of the following views EXCEPT:
correct answer:-1
The passage below is accompanied by four questions. Based on the passage, choose the best answer for each question.
The history of any major technological or industrial advance is inevitably shadowed by a less predictable history of unintended consequences and secondary effects — what economists sometimes call “externalities.” Sometimes those consequences are innocuous ones, or even beneficial. Gutenberg invents the printing press, and literacy rates rise, which causes a significant part of the reading public to require spectacles for the first time, which creates a surge of investment in lens-making across Europe, which leads to the invention of the telescope and the microscope.
Oftentimes the secondary effects seem to belong to an entirely different sphere of society. When Willis Carrier hit upon the idea of air-conditioning, the technology was primarily intended for industrial use: ensuring cool, dry air for factories that required low-humidity environments. But…it touched off one of the largest migrations in the history of the United States, enabling the rise of metropolitan areas like Phoenix and Las Vegas that barely existed when Carrier first started tinkering with the idea in the early 1900s.
Sometimes the unintended consequence comes about when consumers use an invention in a surprising way. Edison famously thought his phonograph, which he sometimes called “the talking machine,” would primarily be used to take dictation….But then later innovators… discovered a much larger audience willing to pay for musical recordings made on descendants of Edison’s original invention. In other cases, the original innovation comes into the world disguised as a plaything…the way the animatronic dolls of the mid-1700s inspired Jacquard to invent the first “programmable” loom and Charles Babbage to invent the first machine that fit the modern definition of a computer, setting the stage for the revolution in programmable technology that would transform the 21st century in countless ways.
We live under the gathering storm of modern history’s most momentous unintended consequence….carbon-based climate change. Imagine the vast sweep of inventors whose ideas started the Industrial Revolution, all the entrepreneurs and scientists and hobbyists who had a hand in bringing it about. Line up a thousand of them and ask them all what they had been hoping to do with their work. Not one would say that their intent had been to deposit enough carbon in the atmosphere to create a greenhouse effect that trapped heat at the surface of the planet. And yet here we are.
Ethyl (leaded fuel) and Freon belonged to the same general class of secondary effect: innovations whose unintended consequences stem from some kind of waste by-product that they emit. But the potential health threats of Ethyl (unleaded fuel) were visible in the 1920s, unlike, say, the long-term effects of atmospheric carbon build up in the early days of the Industrial Revolution….
Indeed, it is reasonable to see CFCs (chlorofluorocarbons) as a forerunner of the kind of threat we will most likely face in the coming decades, as it becomes increasingly possible for individuals or small groups to create new scientific advances — through chemistry or biotechnology or materials science — setting off unintended consequences that reverberate on a global scale.
The author lists all of the following examples as “externalities” of major technical advances EXCEPT:
correct answer:-2
The passage below is accompanied by four questions. Based on the passage, choose the best answer for each question.
The history of any major technological or industrial advance is inevitably shadowed by a less predictable history of unintended consequences and secondary effects — what economists sometimes call “externalities.” Sometimes those consequences are innocuous ones, or even beneficial. Gutenberg invents the printing press, and literacy rates rise, which causes a significant part of the reading public to require spectacles for the first time, which creates a surge of investment in lens-making across Europe, which leads to the invention of the telescope and the microscope.
Oftentimes the secondary effects seem to belong to an entirely different sphere of society. When Willis Carrier hit upon the idea of air-conditioning, the technology was primarily intended for industrial use: ensuring cool, dry air for factories that required low-humidity environments. But…it touched off one of the largest migrations in the history of the United States, enabling the rise of metropolitan areas like Phoenix and Las Vegas that barely existed when Carrier first started tinkering with the idea in the early 1900s.
Sometimes the unintended consequence comes about when consumers use an invention in a surprising way. Edison famously thought his phonograph, which he sometimes called “the talking machine,” would primarily be used to take dictation….But then later innovators… discovered a much larger audience willing to pay for musical recordings made on descendants of Edison’s original invention. In other cases, the original innovation comes into the world disguised as a plaything…the way the animatronic dolls of the mid-1700s inspired Jacquard to invent the first “programmable” loom and Charles Babbage to invent the first machine that fit the modern definition of a computer, setting the stage for the revolution in programmable technology that would transform the 21st century in countless ways.
We live under the gathering storm of modern history’s most momentous unintended consequence….carbon-based climate change. Imagine the vast sweep of inventors whose ideas started the Industrial Revolution, all the entrepreneurs and scientists and hobbyists who had a hand in bringing it about. Line up a thousand of them and ask them all what they had been hoping to do with their work. Not one would say that their intent had been to deposit enough carbon in the atmosphere to create a greenhouse effect that trapped heat at the surface of the planet. And yet here we are.
Ethyl (leaded fuel) and Freon belonged to the same general class of secondary effect: innovations whose unintended consequences stem from some kind of waste by-product that they emit. But the potential health threats of Ethyl (unleaded fuel) were visible in the 1920s, unlike, say, the long-term effects of atmospheric carbon build up in the early days of the Industrial Revolution….
Indeed, it is reasonable to see CFCs (chlorofluorocarbons) as a forerunner of the kind of threat we will most likely face in the coming decades, as it becomes increasingly possible for individuals or small groups to create new scientific advances — through chemistry or biotechnology or materials science — setting off unintended consequences that reverberate on a global scale.
Which of the following best conveys the main point of the first paragraph?
correct answer:-2
The passage below is accompanied by four questions. Based on the passage, choose the best answer for each question.
The history of any major technological or industrial advance is inevitably shadowed by a less predictable history of unintended consequences and secondary effects — what economists sometimes call “externalities.” Sometimes those consequences are innocuous ones, or even beneficial. Gutenberg invents the printing press, and literacy rates rise, which causes a significant part of the reading public to require spectacles for the first time, which creates a surge of investment in lens-making across Europe, which leads to the invention of the telescope and the microscope.
Oftentimes the secondary effects seem to belong to an entirely different sphere of society. When Willis Carrier hit upon the idea of air-conditioning, the technology was primarily intended for industrial use: ensuring cool, dry air for factories that required low-humidity environments. But…it touched off one of the largest migrations in the history of the United States, enabling the rise of metropolitan areas like Phoenix and Las Vegas that barely existed when Carrier first started tinkering with the idea in the early 1900s.
Sometimes the unintended consequence comes about when consumers use an invention in a surprising way. Edison famously thought his phonograph, which he sometimes called “the talking machine,” would primarily be used to take dictation….But then later innovators… discovered a much larger audience willing to pay for musical recordings made on descendants of Edison’s original invention. In other cases, the original innovation comes into the world disguised as a plaything…the way the animatronic dolls of the mid-1700s inspired Jacquard to invent the first “programmable” loom and Charles Babbage to invent the first machine that fit the modern definition of a computer, setting the stage for the revolution in programmable technology that would transform the 21st century in countless ways.
We live under the gathering storm of modern history’s most momentous unintended consequence….carbon-based climate change. Imagine the vast sweep of inventors whose ideas started the Industrial Revolution, all the entrepreneurs and scientists and hobbyists who had a hand in bringing it about. Line up a thousand of them and ask them all what they had been hoping to do with their work. Not one would say that their intent had been to deposit enough carbon in the atmosphere to create a greenhouse effect that trapped heat at the surface of the planet. And yet here we are.
Ethyl (leaded fuel) and Freon belonged to the same general class of secondary effect: innovations whose unintended consequences stem from some kind of waste by-product that they emit. But the potential health threats of Ethyl (unleaded fuel) were visible in the 1920s, unlike, say, the long-term effects of atmospheric carbon build up in the early days of the Industrial Revolution….
Indeed, it is reasonable to see CFCs (chlorofluorocarbons) as a forerunner of the kind of threat we will most likely face in the coming decades, as it becomes increasingly possible for individuals or small groups to create new scientific advances — through chemistry or biotechnology or materials science — setting off unintended consequences that reverberate on a global scale.
Carrier, Babbage, and Edison are mentioned in the passage to illustrate the author’s point that
correct answer:-2
The passage below is accompanied by four questions. Based on the passage, choose the best answer for each question.
(. . .) There are three other common drivers for carnivore-human attacks, some of which are more preventable than others. Natural aggression-based conflicts - such as those involving females protecting their young or animals protecting a food source - can often be avoided as long as people stay away from those animals and their food.
Carnivores that recognise humans as a means to get food, are a different story. As they become more reliant on human food they might find at campsites or in rubbish bins, they become less avoidant of humans. Losing that instinctive fear response puts them into more situations where they could get into an altercation with a human, which often results in that bear being put down by humans. “A fed bear is a dead bear,” says Servheen, referring to a common saying among biologists and conservationists. Predatory or predation-related attacks are quite rare, only accounting for 17% of attacks in North America since 1955. They occur when a carnivore views a human as prey and hunts it like it would any other animal it uses for food. (. . .)
Then there are animal attacks provoked by people taking pictures with them or feeding them in natural settings such as national parks which often end with animals being euthanised out of precaution. “Eventually, that animal becomes habituated to people, and [then] bad things happen to the animal. And the folks who initially wanted to make that connection don’t necessarily realise that,” says Christine Wilkinson, a postdoctoral researcher at UC Berkeley, California, who’s been studying coyote-human conflicts.
After conducting countless postmortems on all types of carnivore-human attacks spanning 75 years, Penteriani’s team believes 50% could have been avoided if humans reacted differently. A 2017 study co-authored by Penteriani found that engaging in risky behaviour around large carnivores increases the likelihood of an attack.
Two of the most common risky behaviours are parents leaving their children to play outside unattended and walking an unleashed dog, according to the study. Wilkinson says 66% of coyote attacks involve a dog. “[People] end up in a situation where their dog is being chased, or their dog chases a coyote, or maybe they’re walking their dog near a den that’s marked, and the coyote wants to escort them away,” says Wilkinson.
Experts believe climate change also plays a part in the escalation of human-carnivore conflicts, but the correlation still needs to be ironed out. “As finite resources become scarcer, carnivores and people are coming into more frequent contact, which means that more conflict could occur,” says Jen Miller, international programme specialist for the US Fish & Wildlife Service. For example, she says, there was an uptick in lion attacks in western India during a drought when lions and people were relying on the same water sources.
(. . .) The likelihood of human-carnivore conflicts appears to be higher in areas of low-income countries dominated by vast rural landscapes and farmland, according to Penteriani’s research. “There are a lot of working landscapes in the Global South that are really heterogeneous, that are interspersed with carnivore habitats, forests and savannahs, which creates a lot more opportunity for these encounters, just statistically,” says Wilkinson.
According to the passage, what is a significant factor that contributes to the habituation of carnivores to human presence?
correct answer:-4
The passage below is accompanied by four questions. Based on the passage, choose the best answer for each question.
(. . .) There are three other common drivers for carnivore-human attacks, some of which are more preventable than others. Natural aggression-based conflicts - such as those involving females protecting their young or animals protecting a food source - can often be avoided as long as people stay away from those animals and their food.
Carnivores that recognise humans as a means to get food, are a different story. As they become more reliant on human food they might find at campsites or in rubbish bins, they become less avoidant of humans. Losing that instinctive fear response puts them into more situations where they could get into an altercation with a human, which often results in that bear being put down by humans. “A fed bear is a dead bear,” says Servheen, referring to a common saying among biologists and conservationists. Predatory or predation-related attacks are quite rare, only accounting for 17% of attacks in North America since 1955. They occur when a carnivore views a human as prey and hunts it like it would any other animal it uses for food. (. . .)
Then there are animal attacks provoked by people taking pictures with them or feeding them in natural settings such as national parks which often end with animals being euthanised out of precaution. “Eventually, that animal becomes habituated to people, and [then] bad things happen to the animal. And the folks who initially wanted to make that connection don’t necessarily realise that,” says Christine Wilkinson, a postdoctoral researcher at UC Berkeley, California, who’s been studying coyote-human conflicts.
After conducting countless postmortems on all types of carnivore-human attacks spanning 75 years, Penteriani’s team believes 50% could have been avoided if humans reacted differently. A 2017 study co-authored by Penteriani found that engaging in risky behaviour around large carnivores increases the likelihood of an attack.
Two of the most common risky behaviours are parents leaving their children to play outside unattended and walking an unleashed dog, according to the study. Wilkinson says 66% of coyote attacks involve a dog. “[People] end up in a situation where their dog is being chased, or their dog chases a coyote, or maybe they’re walking their dog near a den that’s marked, and the coyote wants to escort them away,” says Wilkinson.
Experts believe climate change also plays a part in the escalation of human-carnivore conflicts, but the correlation still needs to be ironed out. “As finite resources become scarcer, carnivores and people are coming into more frequent contact, which means that more conflict could occur,” says Jen Miller, international programme specialist for the US Fish & Wildlife Service. For example, she says, there was an uptick in lion attacks in western India during a drought when lions and people were relying on the same water sources.
(. . .) The likelihood of human-carnivore conflicts appears to be higher in areas of low-income countries dominated by vast rural landscapes and farmland, according to Penteriani’s research. “There are a lot of working landscapes in the Global South that are really heterogeneous, that are interspersed with carnivore habitats, forests and savannahs, which creates a lot more opportunity for these encounters, just statistically,” says Wilkinson.
Given the insights provided by Penteriani’s research and Wilkinson’s statement, which of the following conclusions can be drawn about the relationship between landscape heterogeneity and human-carnivore conflicts?
correct answer:-4
The passage below is accompanied by four questions. Based on the passage, choose the best answer for each question.
(. . .) There are three other common drivers for carnivore-human attacks, some of which are more preventable than others. Natural aggression-based conflicts - such as those involving females protecting their young or animals protecting a food source - can often be avoided as long as people stay away from those animals and their food.
Carnivores that recognise humans as a means to get food, are a different story. As they become more reliant on human food they might find at campsites or in rubbish bins, they become less avoidant of humans. Losing that instinctive fear response puts them into more situations where they could get into an altercation with a human, which often results in that bear being put down by humans. “A fed bear is a dead bear,” says Servheen, referring to a common saying among biologists and conservationists. Predatory or predation-related attacks are quite rare, only accounting for 17% of attacks in North America since 1955. They occur when a carnivore views a human as prey and hunts it like it would any other animal it uses for food. (. . .)
Then there are animal attacks provoked by people taking pictures with them or feeding them in natural settings such as national parks which often end with animals being euthanised out of precaution. “Eventually, that animal becomes habituated to people, and [then] bad things happen to the animal. And the folks who initially wanted to make that connection don’t necessarily realise that,” says Christine Wilkinson, a postdoctoral researcher at UC Berkeley, California, who’s been studying coyote-human conflicts.
After conducting countless postmortems on all types of carnivore-human attacks spanning 75 years, Penteriani’s team believes 50% could have been avoided if humans reacted differently. A 2017 study co-authored by Penteriani found that engaging in risky behaviour around large carnivores increases the likelihood of an attack.
Two of the most common risky behaviours are parents leaving their children to play outside unattended and walking an unleashed dog, according to the study. Wilkinson says 66% of coyote attacks involve a dog. “[People] end up in a situation where their dog is being chased, or their dog chases a coyote, or maybe they’re walking their dog near a den that’s marked, and the coyote wants to escort them away,” says Wilkinson.
Experts believe climate change also plays a part in the escalation of human-carnivore conflicts, but the correlation still needs to be ironed out. “As finite resources become scarcer, carnivores and people are coming into more frequent contact, which means that more conflict could occur,” says Jen Miller, international programme specialist for the US Fish & Wildlife Service. For example, she says, there was an uptick in lion attacks in western India during a drought when lions and people were relying on the same water sources.
(. . .) The likelihood of human-carnivore conflicts appears to be higher in areas of low-income countries dominated by vast rural landscapes and farmland, according to Penteriani’s research. “There are a lot of working landscapes in the Global South that are really heterogeneous, that are interspersed with carnivore habitats, forests and savannahs, which creates a lot more opportunity for these encounters, just statistically,” says Wilkinson.
Which of the following statements, if false, would be inconsistent with the concerns raised in the passage regarding the drivers of carnivore-human conflicts?
correct answer:-1
The passage below is accompanied by four questions. Based on the passage, choose the best answer for each question.
(. . .) There are three other common drivers for carnivore-human attacks, some of which are more preventable than others. Natural aggression-based conflicts - such as those involving females protecting their young or animals protecting a food source - can often be avoided as long as people stay away from those animals and their food.
Carnivores that recognise humans as a means to get food, are a different story. As they become more reliant on human food they might find at campsites or in rubbish bins, they become less avoidant of humans. Losing that instinctive fear response puts them into more situations where they could get into an altercation with a human, which often results in that bear being put down by humans. “A fed bear is a dead bear,” says Servheen, referring to a common saying among biologists and conservationists. Predatory or predation-related attacks are quite rare, only accounting for 17% of attacks in North America since 1955. They occur when a carnivore views a human as prey and hunts it like it would any other animal it uses for food. (. . .)
Then there are animal attacks provoked by people taking pictures with them or feeding them in natural settings such as national parks which often end with animals being euthanised out of precaution. “Eventually, that animal becomes habituated to people, and [then] bad things happen to the animal. And the folks who initially wanted to make that connection don’t necessarily realise that,” says Christine Wilkinson, a postdoctoral researcher at UC Berkeley, California, who’s been studying coyote-human conflicts.
After conducting countless postmortems on all types of carnivore-human attacks spanning 75 years, Penteriani’s team believes 50% could have been avoided if humans reacted differently. A 2017 study co-authored by Penteriani found that engaging in risky behaviour around large carnivores increases the likelihood of an attack.
Two of the most common risky behaviours are parents leaving their children to play outside unattended and walking an unleashed dog, according to the study. Wilkinson says 66% of coyote attacks involve a dog. “[People] end up in a situation where their dog is being chased, or their dog chases a coyote, or maybe they’re walking their dog near a den that’s marked, and the coyote wants to escort them away,” says Wilkinson.
Experts believe climate change also plays a part in the escalation of human-carnivore conflicts, but the correlation still needs to be ironed out. “As finite resources become scarcer, carnivores and people are coming into more frequent contact, which means that more conflict could occur,” says Jen Miller, international programme specialist for the US Fish & Wildlife Service. For example, she says, there was an uptick in lion attacks in western India during a drought when lions and people were relying on the same water sources.
(. . .) The likelihood of human-carnivore conflicts appears to be higher in areas of low-income countries dominated by vast rural landscapes and farmland, according to Penteriani’s research. “There are a lot of working landscapes in the Global South that are really heterogeneous, that are interspersed with carnivore habitats, forests and savannahs, which creates a lot more opportunity for these encounters, just statistically,” says Wilkinson.
According to the passage, which of the following scenarios would MOST likely exacerbate the frequency of carnivore-human conflicts?
correct answer:-4
The passage below is accompanied by four questions. Based on the passage, choose the best answer for each question.
[S]pices were a global commodity centuries before European voyages. There was a complex chain of relations, yet consumers had little knowledge of producers and vice versa. Desire for spices helped fuel European colonial empires to create political, military and commercial networks under a single power.
Historians know a fair amount about the supply of spices in Europe during the medieval period - the origins, methods of transportation, the prices - but less about demand. Why go to such extraordinary efforts to procure expensive products from exotic lands? Still, demand was great enough to inspire the voyages of Christopher Columbus and Vasco Da Gama, launching the first fateful wave of European colonialism. . . .
So, why were spices so highly prized in Europe in the centuries from about 1000 to 1500? One widely disseminated explanation for medieval demand for spices was that they covered the taste of spoiled meat. . . . Medieval purchasers consumed meat much fresher than what the average city-dweller in the developed world of today has at hand. However, refrigeration was not available, and some hot spices have been shown to serve as an anti-bacterial agent. Salting, smoking or drying meat were other means of preservation. Most spices used in cooking began as medical ingredients, and throughout the Middle Ages spices were used as both medicines and condiments. Above all, medieval recipes involve the combination of medical and culinary lore in order to balance food's humeral properties and prevent disease. Most spices were hot and dry and so appropriate in sauces to counteract the moist and wet properties supposedly possessed by most meat and fish. . . .
Where spices came from was known in a vague sense centuries before the voyages of Columbus. Just how vague may be judged by looking at medieval world maps . . . To the medieval European imagination, the East was exotic and alluring. Medieval maps often placed India close to the so-called Earthly Paradise, the Garden of Eden described in the Bible.
Geographical knowledge has a lot to do with the perceptions of spices’ relative scarcity and the reasons for their high prices. An example of the varying notions of scarcity is the conflicting information about how pepper is harvested. As far back as the 7th century Europeans thought that pepper in India grew on trees "guarded" by serpents that would bite and poison anyone who attempted to gather the fruit. The only way to harvest pepper was to burn the trees, which would drive the snakes underground. Of course, this bit of lore would explain the shriveled black peppercorns, but not white, pink or other colors.
Spices never had the enduring allure or power of gold and silver or the commercial potential of new products such as tobacco, indigo or sugar. But the taste for spices did continue for a while beyond the Middle Ages. As late as the 17th century, the English and the Dutch were struggling for control of the Spice Islands: Dutch New Amsterdam, or New York, was exchanged by the British for one of the Moluccan Islands where nutmeg was grown.
It can be inferred that all of the following contributed to a decline in the allure of spices, EXCEPT:
correct answer:-2
The passage below is accompanied by four questions. Based on the passage, choose the best answer for each question.
[S]pices were a global commodity centuries before European voyages. There was a complex chain of relations, yet consumers had little knowledge of producers and vice versa. Desire for spices helped fuel European colonial empires to create political, military and commercial networks under a single power.
Historians know a fair amount about the supply of spices in Europe during the medieval period - the origins, methods of transportation, the prices - but less about demand. Why go to such extraordinary efforts to procure expensive products from exotic lands? Still, demand was great enough to inspire the voyages of Christopher Columbus and Vasco Da Gama, launching the first fateful wave of European colonialism. . . .
So, why were spices so highly prized in Europe in the centuries from about 1000 to 1500? One widely disseminated explanation for medieval demand for spices was that they covered the taste of spoiled meat. . . . Medieval purchasers consumed meat much fresher than what the average city-dweller in the developed world of today has at hand. However, refrigeration was not available, and some hot spices have been shown to serve as an anti-bacterial agent. Salting, smoking or drying meat were other means of preservation. Most spices used in cooking began as medical ingredients, and throughout the Middle Ages spices were used as both medicines and condiments. Above all, medieval recipes involve the combination of medical and culinary lore in order to balance food's humeral properties and prevent disease. Most spices were hot and dry and so appropriate in sauces to counteract the moist and wet properties supposedly possessed by most meat and fish. . . .
Where spices came from was known in a vague sense centuries before the voyages of Columbus. Just how vague may be judged by looking at medieval world maps . . . To the medieval European imagination, the East was exotic and alluring. Medieval maps often placed India close to the so-called Earthly Paradise, the Garden of Eden described in the Bible.
Geographical knowledge has a lot to do with the perceptions of spices’ relative scarcity and the reasons for their high prices. An example of the varying notions of scarcity is the conflicting information about how pepper is harvested. As far back as the 7th century Europeans thought that pepper in India grew on trees "guarded" by serpents that would bite and poison anyone who attempted to gather the fruit. The only way to harvest pepper was to burn the trees, which would drive the snakes underground. Of course, this bit of lore would explain the shriveled black peppercorns, but not white, pink or other colors.
Spices never had the enduring allure or power of gold and silver or the commercial potential of new products such as tobacco, indigo or sugar. But the taste for spices did continue for a while beyond the Middle Ages. As late as the 17th century, the English and the Dutch were struggling for control of the Spice Islands: Dutch New Amsterdam, or New York, was exchanged by the British for one of the Moluccan Islands where nutmeg was grown.
In the context of the passage, the people who heard the story of pepper trees being guarded by snakes would be least likely to arrive at the conclusion that
correct answer:-1
The passage below is accompanied by four questions. Based on the passage, choose the best answer for each question.
[S]pices were a global commodity centuries before European voyages. There was a complex chain of relations, yet consumers had little knowledge of producers and vice versa. Desire for spices helped fuel European colonial empires to create political, military and commercial networks under a single power.
Historians know a fair amount about the supply of spices in Europe during the medieval period - the origins, methods of transportation, the prices - but less about demand. Why go to such extraordinary efforts to procure expensive products from exotic lands? Still, demand was great enough to inspire the voyages of Christopher Columbus and Vasco Da Gama, launching the first fateful wave of European colonialism. . . .
So, why were spices so highly prized in Europe in the centuries from about 1000 to 1500? One widely disseminated explanation for medieval demand for spices was that they covered the taste of spoiled meat. . . . Medieval purchasers consumed meat much fresher than what the average city-dweller in the developed world of today has at hand. However, refrigeration was not available, and some hot spices have been shown to serve as an anti-bacterial agent. Salting, smoking or drying meat were other means of preservation. Most spices used in cooking began as medical ingredients, and throughout the Middle Ages spices were used as both medicines and condiments. Above all, medieval recipes involve the combination of medical and culinary lore in order to balance food's humeral properties and prevent disease. Most spices were hot and dry and so appropriate in sauces to counteract the moist and wet properties supposedly possessed by most meat and fish. . . .
Where spices came from was known in a vague sense centuries before the voyages of Columbus. Just how vague may be judged by looking at medieval world maps . . . To the medieval European imagination, the East was exotic and alluring. Medieval maps often placed India close to the so-called Earthly Paradise, the Garden of Eden described in the Bible.
Geographical knowledge has a lot to do with the perceptions of spices’ relative scarcity and the reasons for their high prices. An example of the varying notions of scarcity is the conflicting information about how pepper is harvested. As far back as the 7th century Europeans thought that pepper in India grew on trees "guarded" by serpents that would bite and poison anyone who attempted to gather the fruit. The only way to harvest pepper was to burn the trees, which would drive the snakes underground. Of course, this bit of lore would explain the shriveled black peppercorns, but not white, pink or other colors.
Spices never had the enduring allure or power of gold and silver or the commercial potential of new products such as tobacco, indigo or sugar. But the taste for spices did continue for a while beyond the Middle Ages. As late as the 17th century, the English and the Dutch were struggling for control of the Spice Islands: Dutch New Amsterdam, or New York, was exchanged by the British for one of the Moluccan Islands where nutmeg was grown.
In the context of the passage, which one of the following conclusions CANNOT be reached?
correct answer:-2
The passage below is accompanied by four questions. Based on the passage, choose the best answer for each question.
[S]pices were a global commodity centuries before European voyages. There was a complex chain of relations, yet consumers had little knowledge of producers and vice versa. Desire for spices helped fuel European colonial empires to create political, military and commercial networks under a single power.
Historians know a fair amount about the supply of spices in Europe during the medieval period - the origins, methods of transportation, the prices - but less about demand. Why go to such extraordinary efforts to procure expensive products from exotic lands? Still, demand was great enough to inspire the voyages of Christopher Columbus and Vasco Da Gama, launching the first fateful wave of European colonialism. . . .
So, why were spices so highly prized in Europe in the centuries from about 1000 to 1500? One widely disseminated explanation for medieval demand for spices was that they covered the taste of spoiled meat. . . . Medieval purchasers consumed meat much fresher than what the average city-dweller in the developed world of today has at hand. However, refrigeration was not available, and some hot spices have been shown to serve as an anti-bacterial agent. Salting, smoking or drying meat were other means of preservation. Most spices used in cooking began as medical ingredients, and throughout the Middle Ages spices were used as both medicines and condiments. Above all, medieval recipes involve the combination of medical and culinary lore in order to balance food's humeral properties and prevent disease. Most spices were hot and dry and so appropriate in sauces to counteract the moist and wet properties supposedly possessed by most meat and fish. . . .
Where spices came from was known in a vague sense centuries before the voyages of Columbus. Just how vague may be judged by looking at medieval world maps . . . To the medieval European imagination, the East was exotic and alluring. Medieval maps often placed India close to the so-called Earthly Paradise, the Garden of Eden described in the Bible.
Geographical knowledge has a lot to do with the perceptions of spices’ relative scarcity and the reasons for their high prices. An example of the varying notions of scarcity is the conflicting information about how pepper is harvested. As far back as the 7th century Europeans thought that pepper in India grew on trees "guarded" by serpents that would bite and poison anyone who attempted to gather the fruit. The only way to harvest pepper was to burn the trees, which would drive the snakes underground. Of course, this bit of lore would explain the shriveled black peppercorns, but not white, pink or other colors.
Spices never had the enduring allure or power of gold and silver or the commercial potential of new products such as tobacco, indigo or sugar. But the taste for spices did continue for a while beyond the Middle Ages. As late as the 17th century, the English and the Dutch were struggling for control of the Spice Islands: Dutch New Amsterdam, or New York, was exchanged by the British for one of the Moluccan Islands where nutmeg was grown.
If a trader brought white peppercorns from India to medieval Europe, all of the following are unlikely to happen, EXCEPT:
correct answer:-2
The passage below is accompanied by four questions. Based on the passage, choose the best answer for each question.
Fears of artificial intelligence (AI) have haunted humanity since the very beginning of the computer age. Hitherto, these fears focused on machines using physical means to kill, enslave or replace people. But over the past couple of years, new AI tools have emerged that threaten the survival of human civilisation from an unexpected direction. AI has gained some remarkable abilities to manipulate and generate language, whether with words, sounds or images. AI has thereby hacked the operating system of our civilisation.
Language is the stuff almost all human culture is made of. Human rights, for example, aren’t inscribed in our DNA. Rather, they are cultural artefacts we created by telling stories and writing laws. Gods aren’t physical realities. Rather, they are cultural artefacts we created by inventing myths and writing scriptures….What would happen once a non-human intelligence becomes better than the average human at telling stories, composing melodies, drawing images, and writing laws and scriptures? When people think about Chatgpt and other new AI tools, they are often drawn to examples like schoolchildren using AI to write their essays. What will happen to the school system when kids do that? But this kind of question misses the big picture. Forget about school essays. Think of the next American presidential race in 2024, and try to imagine the impact of AI tools that can be made to mass-produce political content, fake news stories and scriptures for new cults…
Through its mastery of language, AI could even form intimate relationships with people, and use the power of intimacy to change our opinions and worldviews. Although there is no indication that AI has any consciousness or feelings of its own, to foster fake intimacy with humans, it is enough if the AI can make them feel emotionally attached to it….
What will happen to the course of history when AI takes over culture, and begins producing stories, melodies, laws and religions? Previous tools like the printing press and radio helped spread the cultural ideas of humans, but they never created new cultural ideas of their own. AI is fundamentally different. AI can create completely new ideas, completely new culture….Of course, the new power of AI could be used for good purposes as well. I won’t dwell on this because the people who develop AI talk about it enough….
We can still regulate the new AI tools, but we must act quickly. Whereas nukes cannot invent more powerful nukes, AI can make exponentially more powerful AI.… Unregulated AI deployments would create social chaos, which would benefit autocrats and ruin democracies. Democracy is a conversation, and conversations rely on language. When AI hacks language, it could destroy our ability to have meaningful conversations, thereby destroying democracy …. And the first regulation I would suggest is to make it mandatory for AI to disclose that it is an AI. If I am having a conversation with someone, and I cannot tell whether it is a human or an AI—that’s the end of democracy. This text has been generated by a human. Or has it?
The author identifies all of the following as dire outcomes of the capture of language by AI EXCEPT that it could
correct answer:-4
The passage below is accompanied by four questions. Based on the passage, choose the best answer for each question.
Fears of artificial intelligence (AI) have haunted humanity since the very beginning of the computer age. Hitherto, these fears focused on machines using physical means to kill, enslave or replace people. But over the past couple of years, new AI tools have emerged that threaten the survival of human civilisation from an unexpected direction. AI has gained some remarkable abilities to manipulate and generate language, whether with words, sounds or images. AI has thereby hacked the operating system of our civilisation.
Language is the stuff almost all human culture is made of. Human rights, for example, aren’t inscribed in our DNA. Rather, they are cultural artefacts we created by telling stories and writing laws. Gods aren’t physical realities. Rather, they are cultural artefacts we created by inventing myths and writing scriptures….What would happen once a non-human intelligence becomes better than the average human at telling stories, composing melodies, drawing images, and writing laws and scriptures? When people think about Chatgpt and other new AI tools, they are often drawn to examples like schoolchildren using AI to write their essays. What will happen to the school system when kids do that? But this kind of question misses the big picture. Forget about school essays. Think of the next American presidential race in 2024, and try to imagine the impact of AI tools that can be made to mass-produce political content, fake news stories and scriptures for new cults…
Through its mastery of language, AI could even form intimate relationships with people, and use the power of intimacy to change our opinions and worldviews. Although there is no indication that AI has any consciousness or feelings of its own, to foster fake intimacy with humans, it is enough if the AI can make them feel emotionally attached to it….
What will happen to the course of history when AI takes over culture, and begins producing stories, melodies, laws and religions? Previous tools like the printing press and radio helped spread the cultural ideas of humans, but they never created new cultural ideas of their own. AI is fundamentally different. AI can create completely new ideas, completely new culture….Of course, the new power of AI could be used for good purposes as well. I won’t dwell on this because the people who develop AI talk about it enough….
We can still regulate the new AI tools, but we must act quickly. Whereas nukes cannot invent more powerful nukes, AI can make exponentially more powerful AI.… Unregulated AI deployments would create social chaos, which would benefit autocrats and ruin democracies. Democracy is a conversation, and conversations rely on language. When AI hacks language, it could destroy our ability to have meaningful conversations, thereby destroying democracy …. And the first regulation I would suggest is to make it mandatory for AI to disclose that it is an AI. If I am having a conversation with someone, and I cannot tell whether it is a human or an AI—that’s the end of democracy. This text has been generated by a human. Or has it?
The author terms language “the operating system of our civilization” for all the following reasons EXCEPT that it
correct answer:-2
The passage below is accompanied by four questions. Based on the passage, choose the best answer for each question.
Fears of artificial intelligence (AI) have haunted humanity since the very beginning of the computer age. Hitherto, these fears focused on machines using physical means to kill, enslave or replace people. But over the past couple of years, new AI tools have emerged that threaten the survival of human civilisation from an unexpected direction. AI has gained some remarkable abilities to manipulate and generate language, whether with words, sounds or images. AI has thereby hacked the operating system of our civilisation.
Language is the stuff almost all human culture is made of. Human rights, for example, aren’t inscribed in our DNA. Rather, they are cultural artefacts we created by telling stories and writing laws. Gods aren’t physical realities. Rather, they are cultural artefacts we created by inventing myths and writing scriptures….What would happen once a non-human intelligence becomes better than the average human at telling stories, composing melodies, drawing images, and writing laws and scriptures? When people think about Chatgpt and other new AI tools, they are often drawn to examples like schoolchildren using AI to write their essays. What will happen to the school system when kids do that? But this kind of question misses the big picture. Forget about school essays. Think of the next American presidential race in 2024, and try to imagine the impact of AI tools that can be made to mass-produce political content, fake news stories and scriptures for new cults…
Through its mastery of language, AI could even form intimate relationships with people, and use the power of intimacy to change our opinions and worldviews. Although there is no indication that AI has any consciousness or feelings of its own, to foster fake intimacy with humans, it is enough if the AI can make them feel emotionally attached to it….
What will happen to the course of history when AI takes over culture, and begins producing stories, melodies, laws and religions? Previous tools like the printing press and radio helped spread the cultural ideas of humans, but they never created new cultural ideas of their own. AI is fundamentally different. AI can create completely new ideas, completely new culture….Of course, the new power of AI could be used for good purposes as well. I won’t dwell on this because the people who develop AI talk about it enough….
We can still regulate the new AI tools, but we must act quickly. Whereas nukes cannot invent more powerful nukes, AI can make exponentially more powerful AI.… Unregulated AI deployments would create social chaos, which would benefit autocrats and ruin democracies. Democracy is a conversation, and conversations rely on language. When AI hacks language, it could destroy our ability to have meaningful conversations, thereby destroying democracy …. And the first regulation I would suggest is to make it mandatory for AI to disclose that it is an AI. If I am having a conversation with someone, and I cannot tell whether it is a human or an AI—that’s the end of democracy. This text has been generated by a human. Or has it?
We can infer that the author is most likely to agree with which of the following statements?
correct answer:-4
The passage below is accompanied by four questions. Based on the passage, choose the best answer for each question.
Fears of artificial intelligence (AI) have haunted humanity since the very beginning of the computer age. Hitherto, these fears focused on machines using physical means to kill, enslave or replace people. But over the past couple of years, new AI tools have emerged that threaten the survival of human civilisation from an unexpected direction. AI has gained some remarkable abilities to manipulate and generate language, whether with words, sounds or images. AI has thereby hacked the operating system of our civilisation.
Language is the stuff almost all human culture is made of. Human rights, for example, aren’t inscribed in our DNA. Rather, they are cultural artefacts we created by telling stories and writing laws. Gods aren’t physical realities. Rather, they are cultural artefacts we created by inventing myths and writing scriptures….What would happen once a non-human intelligence becomes better than the average human at telling stories, composing melodies, drawing images, and writing laws and scriptures? When people think about Chatgpt and other new AI tools, they are often drawn to examples like schoolchildren using AI to write their essays. What will happen to the school system when kids do that? But this kind of question misses the big picture. Forget about school essays. Think of the next American presidential race in 2024, and try to imagine the impact of AI tools that can be made to mass-produce political content, fake news stories and scriptures for new cults…
Through its mastery of language, AI could even form intimate relationships with people, and use the power of intimacy to change our opinions and worldviews. Although there is no indication that AI has any consciousness or feelings of its own, to foster fake intimacy with humans, it is enough if the AI can make them feel emotionally attached to it….
What will happen to the course of history when AI takes over culture, and begins producing stories, melodies, laws and religions? Previous tools like the printing press and radio helped spread the cultural ideas of humans, but they never created new cultural ideas of their own. AI is fundamentally different. AI can create completely new ideas, completely new culture….Of course, the new power of AI could be used for good purposes as well. I won’t dwell on this because the people who develop AI talk about it enough….
We can still regulate the new AI tools, but we must act quickly. Whereas nukes cannot invent more powerful nukes, AI can make exponentially more powerful AI.… Unregulated AI deployments would create social chaos, which would benefit autocrats and ruin democracies. Democracy is a conversation, and conversations rely on language. When AI hacks language, it could destroy our ability to have meaningful conversations, thereby destroying democracy …. And the first regulation I would suggest is to make it mandatory for AI to disclose that it is an AI. If I am having a conversation with someone, and I cannot tell whether it is a human or an AI—that’s the end of democracy. This text has been generated by a human. Or has it?
The tone of the passage could best be described as
correct answer:-1
The passage below is accompanied by four questions. Based on the passage, choose the best answer for each question.
Oftentimes, when economists cross borders, they are less interested in learning from others than in invading their garden plots. Gary Becker, for instance, pioneered the idea of human capital. To do so, he famously tackled topics like crime and domesticity, applying methods honed in the study of markets to domains of nonmarket life. He projected economics outward into new realms: for example, by revealing the extent to which humans calculate marginal utilities when choosing their spouses or stealing from neighbors. At the same time, he did not let other ways of thinking enter his own economic realm: for example, he did not borrow from anthropology or history or let observations of nonmarket economics inform his homo economicus. Becker was a picture of the imperial economist in the heyday of the discipline’s bravura.
Times have changed for the once almighty discipline. Economics has been taken to task, within and beyond its ramparts. Some economists have reached out, imported, borrowed, and collaborated—been less imperial, more open. Consider Thomas Piketty and his outreach to historians. The booming field of behavioral economics—the fusion of economics and social psychology—is another case. Having spawned active subfields, like judgment, decisionmaking and a turn to experimentation, the field aims to go beyond the caricature of Rational Man to explain how humans make decisions….
It is important to underscore how this flips the way we think about economics. For generations, economists have presumed that people have interests—“preferences,” in the neoclassical argot—that get revealed in the course of peoples’ choices. Interests come before actions and determine them. If you are hungry, you buy lunch; if you are cold, you get a sweater. If you only have so much money and can’t afford to deal with both your growling stomach and your shivering, which need you choose to meet using your scarce savings reveals your preference.
Psychologists take one look at this simple formulation and shake their heads. Increasingly, even some mainstream economists have to admit that homo economicus doesn’t always behave like the textbook maximizer; irrational behavior can’t simply be waved away as extraeconomic expressions of passions over interests, and thus the domain of other disciplines…. This is one place where the humanist can help the economist. If narrative economics is going to help us understand how rivals duke it out, who wins and who loses, we are going to need much more than lessons from epidemiological studies of viruses or intracranial stimuli.
Above all, we need politics and institutions. Shiller [the Nobel prize winning economist] connects perceptions of narratives to changes in behavior and thence to social outcomes. He completes a circle that was key to behavioral economics and brings in storytelling to make sense of how perceptions get framed. This cycle (perception to behavior to society) was once mediated or dominated by institutions: the political parties, lobby groups, and media organizations that played a vital role in legitimating, representing, and excluding interests. Yet institutions have been stripped from Shiller’s account, to reveal a bare dynamic of emotions and economics, without the intermediating place of politics.
We can infer from the passage that the term '‘homo economicus” refers to someone who
correct answer:-3
The passage below is accompanied by four questions. Based on the passage, choose the best answer for each question.
Oftentimes, when economists cross borders, they are less interested in learning from others than in invading their garden plots. Gary Becker, for instance, pioneered the idea of human capital. To do so, he famously tackled topics like crime and domesticity, applying methods honed in the study of markets to domains of nonmarket life. He projected economics outward into new realms: for example, by revealing the extent to which humans calculate marginal utilities when choosing their spouses or stealing from neighbors. At the same time, he did not let other ways of thinking enter his own economic realm: for example, he did not borrow from anthropology or history or let observations of nonmarket economics inform his homo economicus. Becker was a picture of the imperial economist in the heyday of the discipline’s bravura.
Times have changed for the once almighty discipline. Economics has been taken to task, within and beyond its ramparts. Some economists have reached out, imported, borrowed, and collaborated—been less imperial, more open. Consider Thomas Piketty and his outreach to historians. The booming field of behavioral economics—the fusion of economics and social psychology—is another case. Having spawned active subfields, like judgment, decisionmaking and a turn to experimentation, the field aims to go beyond the caricature of Rational Man to explain how humans make decisions….
It is important to underscore how this flips the way we think about economics. For generations, economists have presumed that people have interests—“preferences,” in the neoclassical argot—that get revealed in the course of peoples’ choices. Interests come before actions and determine them. If you are hungry, you buy lunch; if you are cold, you get a sweater. If you only have so much money and can’t afford to deal with both your growling stomach and your shivering, which need you choose to meet using your scarce savings reveals your preference.
Psychologists take one look at this simple formulation and shake their heads. Increasingly, even some mainstream economists have to admit that homo economicus doesn’t always behave like the textbook maximizer; irrational behavior can’t simply be waved away as extraeconomic expressions of passions over interests, and thus the domain of other disciplines…. This is one place where the humanist can help the economist. If narrative economics is going to help us understand how rivals duke it out, who wins and who loses, we are going to need much more than lessons from epidemiological studies of viruses or intracranial stimuli.
Above all, we need politics and institutions. Shiller [the Nobel prize winning economist] connects perceptions of narratives to changes in behavior and thence to social outcomes. He completes a circle that was key to behavioral economics and brings in storytelling to make sense of how perceptions get framed. This cycle (perception to behavior to society) was once mediated or dominated by institutions: the political parties, lobby groups, and media organizations that played a vital role in legitimating, representing, and excluding interests. Yet institutions have been stripped from Shiller’s account, to reveal a bare dynamic of emotions and economics, without the intermediating place of politics.
“Times have changed for the once almighty discipline.” We can infer from this statement and the associated paragraph that the author is being
correct answer:-1
The passage below is accompanied by four questions. Based on the passage, choose the best answer for each question.
Oftentimes, when economists cross borders, they are less interested in learning from others than in invading their garden plots. Gary Becker, for instance, pioneered the idea of human capital. To do so, he famously tackled topics like crime and domesticity, applying methods honed in the study of markets to domains of nonmarket life. He projected economics outward into new realms: for example, by revealing the extent to which humans calculate marginal utilities when choosing their spouses or stealing from neighbors. At the same time, he did not let other ways of thinking enter his own economic realm: for example, he did not borrow from anthropology or history or let observations of nonmarket economics inform his homo economicus. Becker was a picture of the imperial economist in the heyday of the discipline’s bravura.
Times have changed for the once almighty discipline. Economics has been taken to task, within and beyond its ramparts. Some economists have reached out, imported, borrowed, and collaborated—been less imperial, more open. Consider Thomas Piketty and his outreach to historians. The booming field of behavioral economics—the fusion of economics and social psychology—is another case. Having spawned active subfields, like judgment, decisionmaking and a turn to experimentation, the field aims to go beyond the caricature of Rational Man to explain how humans make decisions….
It is important to underscore how this flips the way we think about economics. For generations, economists have presumed that people have interests—“preferences,” in the neoclassical argot—that get revealed in the course of peoples’ choices. Interests come before actions and determine them. If you are hungry, you buy lunch; if you are cold, you get a sweater. If you only have so much money and can’t afford to deal with both your growling stomach and your shivering, which need you choose to meet using your scarce savings reveals your preference.
Psychologists take one look at this simple formulation and shake their heads. Increasingly, even some mainstream economists have to admit that homo economicus doesn’t always behave like the textbook maximizer; irrational behavior can’t simply be waved away as extraeconomic expressions of passions over interests, and thus the domain of other disciplines…. This is one place where the humanist can help the economist. If narrative economics is going to help us understand how rivals duke it out, who wins and who loses, we are going to need much more than lessons from epidemiological studies of viruses or intracranial stimuli.
Above all, we need politics and institutions. Shiller [the Nobel prize winning economist] connects perceptions of narratives to changes in behavior and thence to social outcomes. He completes a circle that was key to behavioral economics and brings in storytelling to make sense of how perceptions get framed. This cycle (perception to behavior to society) was once mediated or dominated by institutions: the political parties, lobby groups, and media organizations that played a vital role in legitimating, representing, and excluding interests. Yet institutions have been stripped from Shiller’s account, to reveal a bare dynamic of emotions and economics, without the intermediating place of politics.
The author critiques Schiller’s approach to behavioural economics for
correct answer:-3
The passage below is accompanied by four questions. Based on the passage, choose the best answer for each question.
Oftentimes, when economists cross borders, they are less interested in learning from others than in invading their garden plots. Gary Becker, for instance, pioneered the idea of human capital. To do so, he famously tackled topics like crime and domesticity, applying methods honed in the study of markets to domains of nonmarket life. He projected economics outward into new realms: for example, by revealing the extent to which humans calculate marginal utilities when choosing their spouses or stealing from neighbors. At the same time, he did not let other ways of thinking enter his own economic realm: for example, he did not borrow from anthropology or history or let observations of nonmarket economics inform his homo economicus. Becker was a picture of the imperial economist in the heyday of the discipline’s bravura.
Times have changed for the once almighty discipline. Economics has been taken to task, within and beyond its ramparts. Some economists have reached out, imported, borrowed, and collaborated—been less imperial, more open. Consider Thomas Piketty and his outreach to historians. The booming field of behavioral economics—the fusion of economics and social psychology—is another case. Having spawned active subfields, like judgment, decisionmaking and a turn to experimentation, the field aims to go beyond the caricature of Rational Man to explain how humans make decisions….
It is important to underscore how this flips the way we think about economics. For generations, economists have presumed that people have interests—“preferences,” in the neoclassical argot—that get revealed in the course of peoples’ choices. Interests come before actions and determine them. If you are hungry, you buy lunch; if you are cold, you get a sweater. If you only have so much money and can’t afford to deal with both your growling stomach and your shivering, which need you choose to meet using your scarce savings reveals your preference.
Psychologists take one look at this simple formulation and shake their heads. Increasingly, even some mainstream economists have to admit that homo economicus doesn’t always behave like the textbook maximizer; irrational behavior can’t simply be waved away as extraeconomic expressions of passions over interests, and thus the domain of other disciplines…. This is one place where the humanist can help the economist. If narrative economics is going to help us understand how rivals duke it out, who wins and who loses, we are going to need much more than lessons from epidemiological studies of viruses or intracranial stimuli.
Above all, we need politics and institutions. Shiller [the Nobel prize winning economist] connects perceptions of narratives to changes in behavior and thence to social outcomes. He completes a circle that was key to behavioral economics and brings in storytelling to make sense of how perceptions get framed. This cycle (perception to behavior to society) was once mediated or dominated by institutions: the political parties, lobby groups, and media organizations that played a vital role in legitimating, representing, and excluding interests. Yet institutions have been stripped from Shiller’s account, to reveal a bare dynamic of emotions and economics, without the intermediating place of politics.
In the first paragraph the author is making the point that economists like Becker
correct answer:-3