CAT Verbal Ability Questions | CAT Para Summary questions
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FundaMakers as a team has taken a painstaking step to bring you all the video solutions of the Para Summary asked in the Previous Year CAT exam. CAT question bank offered by FundaMakers is a power-packed topic-wise compilation of the entire CAT previous year questions. Questions from the Para Summary topic are some of the most scoring questions in the VARC section. To maximize your CAT score make use of FundaMakers CAT Question Bank. “Questions from CAT previous years” examination papers have been incorporated. Let’s get started with CAT Past Year Para Summary Questions.
CAT/2021.1
Question . 20
The passage given below is followed by four alternate summaries. Choose the option that best captures the essence of the passage.
Developing countries are becoming hotbeds of business innovation in much the same way as Japan did from the 1950s onwards. They are reinventing systems of production and distribution, and experimenting with entirely new business models. Why are countries that were until recently associated with cheap hands now becoming leaders in innovation? Driven by a mixture of ambition and fear they are relentlessly climbing up the value chain. Emerging-market champions have not only proved highly competitive in their own backyards, they are also going global themselves.
Developing countries are being forced to invent new business models which challenge the old business models, so they can remain competitive domestically.
D : Competition has driven emerging economies, once suppliers of cheap labour, to become innovators of business models that have enabled them to move up the value chain and go global.Explanatory Answer
Method of solving this CAT Verbal Ability Question from Para Summary question
Correct Option : D
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