Read the following passage and answer the items that follow the passage. Your answers to these items should be based on the passage only.
Passage-2 Trust stands commonly defined as being vulnerable to others. Entrepreneurship implies trust in others and willingness to expose oneself to betrayal. Trust in expert systems is the essence of globalizing behaviour; trust itself emerges as a super-commodity in the social market and defines the characteristics of goods and services in a global market. Trusting conduct also means holding others in good esteem, and an optimism that they are, or will be, competent in certain respects. Which one of the following statements best reflects the crux of the passage?
Trust is important though it entails risk
The passage discusses the nature and role of trust. It begins by defining trust as being vulnerable to others and highlights that activities like entrepreneurship require trust and expose one to the risk of betrayal. The passage further emphasizes the importance of trust in globalizing behaviour, expert systems, and the global market, where it emerges as a "super-commodity." Trusting conduct also involves holding others in good esteem and having optimism about their competence. Essentially, the passage presents trust as a necessary element in various interactions, particularly economic ones, but inherently involving risk due to its definition as vulnerability and exposure to betrayal.
To find the statement that best reflects the crux (main point) of the passage, let's break down the core ideas presented:
These points highlight both the risky nature of trust (vulnerability, exposure to betrayal) and its significant importance in various domains, especially economic activity.
Let's consider each option in light of the passage:
Trustworthiness cannot be expected in entrepreneurship
The passage states that entrepreneurship "implies trust in others and willingness to expose oneself to betrayal." This suggests that while there's a risk of betrayal, the activity *requires* placing trust. It doesn't explicitly say trustworthiness *cannot* be expected, only that the person placing trust is vulnerable. This option is not the central theme; it focuses only on a negative aspect related to one specific area (entrepreneurship) and exaggerates it slightly beyond what the passage strictly states.
Trustworthy people are the most vulnerable people
The passage defines trust as the act of "being vulnerable to others" by the person who is trusting. It also mentions being willing to "expose oneself to betrayal." This refers to the vulnerability of the person *extending* the trust, not necessarily the person *receiving* it (the trustworthy person). The passage doesn't claim that trustworthy people are the most vulnerable. This option misinterprets the subject of vulnerability discussed in the passage.
No economic activity is possible without being exposed to betrayal
The passage strongly links economic activities (entrepreneurship, global markets) with trust and the risk of betrayal ("implies trust in others and willingness to expose oneself to betrayal," "Trust in expert systems is the essence of globalizing behaviour," "Trust itself emerges as a super-commodity"). While the passage suggests economic activity relies heavily on trust and involves risk, stating "No economic activity is possible" without exposure to betrayal is a strong, absolute claim. The passage implies a high degree of reliance and risk but doesn't definitively state that *no* activity whatsoever is possible without it. It's a strong point from the passage, but potentially too absolute to be the *best* reflection of the overall "crux."
Trust is important though it entails risk
This option directly combines the two major themes: the importance of trust ("Trust in expert systems is the essence," "Trust itself emerges as a super-commodity," defining characteristics of goods/services) and the risk associated with it (defined as "being vulnerable," "willingness to expose oneself to betrayal"). The phrase "though it entails risk" perfectly captures the definition of trust as vulnerability. The phrase "Trust is important" encapsulates its crucial role in entrepreneurship, global markets, and as a commodity. This statement accurately balances and represents both key aspects discussed throughout the passage.
Comparing the options, Option 4 most effectively summarizes the core message of the passage. The passage emphasizes that trust is fundamental in many contexts, particularly economic ones, but it comes with an inherent cost or challenge: risk and vulnerability. Therefore, the statement "Trust is important though it entails risk" best captures this dual nature of trust as presented in the passage.
| Aspect of Trust | Description in Passage | Reflected in Option 4? |
|---|---|---|
| Definition / Nature | Vulnerability, exposure to betrayal (Risk) | Yes, "though it entails risk" |
| Role / Significance | Essence of globalizing behaviour, super-commodity, defining characteristics of goods/services (Importance) | Yes, "Trust is important" |
| Contexts | Entrepreneurship, expert systems, global market | Implied by "Trust is important" |
The table above illustrates how Option 4 encapsulates the primary aspects discussed in the passage.
| Concept | Key takeaway from Passage |
|---|---|
| Definition of Trust | Being vulnerable to others; willingness to expose oneself to betrayal. |
| Trust in Entrepreneurship | Implies trust in others; involves willingness to expose oneself to betrayal. |
| Trust in Global Context | Essence of globalizing behaviour (expert systems); emerges as a super-commodity; defines characteristics of goods/services. |
| Trusting Conduct | Holding others in good esteem; optimism about their competence. |
| Overall Impression | Trust is crucial in many domains, but inherently involves risk. |
The passage highlights a fundamental aspect of trust in human interactions and economic systems: its dual nature. Trust is presented as a vital facilitator of complex activities like global trade and entrepreneurship. Without trust, transactions would be much more difficult, requiring extensive safeguards against potential opportunism or incompetence. The concept of trust as a "super-commodity" underscores its value in modern economies.
However, the passage immediately links this importance to the inherent risk. Defining trust as vulnerability means that placing trust necessarily opens one up to the possibility that the trust might be misplaced or exploited, leading to negative consequences (betrayal). This risk-importance trade-off is central to the passage's message. It suggests that engaging in activities that require trust means accepting and managing this potential vulnerability. The optimism mentioned in the passage as part of trusting conduct can be seen as a counterpoint to this risk – a positive expectation that helps navigate the potential downsides.
Understanding this balance between the necessity of trust and the reality of risk is key to grasping the passage's core argument about the role of trust in society and the economy.
Which one of the following statements best reflects the critical message conveyed by the author of the passage?
With reference to the above passage, the following assumptions have been made:
I. No country needs to depend on ecosystems to boost national income.
II. Resource-rich countries need to share their resources with those of scant resources so as to prevent the degradation of ecosystems.
Which of the above assumptions is/are valid?
Which one of the following statements best reflects the central idea of the passage?
With reference to the above passage, the following assumptions have been made:
I. Path-dependent green investments will eventually most likely benefit growth as well as public finances in a country like India.
II. If other green technologies follow the same pattern as that of solar energy, there will most likely be an easy green transition.
Which of the above assumptions is/are valid?
Three prime numbers p, q and r, each less than 20, are such that p − q = q − r. How many distinct possible values can we get for (p + q + r)?
How many possible values of (p + q + r) are there satisfying 1/p + 1/q + 1/r = 1, where p, q and r are natural numbers (not necessarily distinct)?
What comes at X and Y respectively in the following sequence?
January, January, December, October, X, March, October, Y, September
Team X scored a total of N runs in 20 overs. Team Y tied the score in 10% less overs. Had Team Y’s average run rate (runs per over) been 50% higher, the scores would have been tied in 12 overs. How many runs were scored by Team X?
The price (p) of a commodity is first increased by k%; then decreased by k%; again increased by k%; and again decreased by k%. If the new price is q, then what is the relation between p and q?
Which one of the following statements best reflects the most logical, rational and pragmatic message conveyed by the author of the passage?
Which one of the following statements best reflects the critical message conveyed by the author of the passage?
With reference to the above passage, the following assumptions have been made:
I. No country needs to depend on ecosystems to boost national income.
II. Resource-rich countries need to share their resources with those of scant resources so as to prevent the degradation of ecosystems.
Which of the above assumptions is/are valid?
Which one of the following statements best reflects the central idea of the passage?
With reference to the above passage, the following assumptions have been made:
I. Path-dependent green investments will eventually most likely benefit growth as well as public finances in a country like India.
II. If other green technologies follow the same pattern as that of solar energy, there will most likely be an easy green transition.
Which of the above assumptions is/are valid?
Three prime numbers p, q and r, each less than 20, are such that p − q = q − r. How many distinct possible values can we get for (p + q + r)?