CAT 2020 VARC [Slot 2] Solution 03

Question

Five jumbled up sentences, related to a topic, are given below. Four of them can be put together to form a coherent paragraph. Identify the odd one out and key in the number of the sentence as your answer:

1. You can observe the truth of this in every e-business model ever constructed: monopolise and protect data.

2. Economists and technologists believe that a new kind of capitalism is being created - different from industrial capitalism as was merchant capitalism.

3. In 1962, Kenneth Arrow, the guru of mainstream economics, said that in a free market economy the purpose of inventing things is to create intellectual property rights.

4. There is, alongside the world of monopolised information and surveillance, a different dynamic growing up: information as a social good, incapable of being owned or exploited or priced.

5. Yet information is abundant. Information goods are freely replicable. Once a thing is made, it can be copied and pasted infinitely.

Option: 2
Solution:

This is a question of moderate difficulty. 1 points at some truth. We must try to find the sentence that connects with 1. How can we monopolize and protect data? By having intellectual property rights. Thus 31 form a pair. 4 adds another idea to the story; it says “alongside the world of monopolised information (already discussed in 31), we have information as a social good, incapable of being owned. 5 concludes by saying that “information good are freely replicable....it can be copied and pasted infinitely”. In the light of intellectual property rights, and free information goods, 2 seems to be the odd one out.

CAT 2020 VARC [Slot 2] Solution 03

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