Indian Institute of Technology Kanpur (IIT-K) 2006 JT English University - exam paper

d. Making judgements, innovating and claiming responsibility.



4. The passage implies that it is important to understand:
a. why there are so few entrepreneurs in business.
b. the main functions of an entrepreneur.
c. the factors which inhibit entrepreneurship.
d. the meaning of personal gain for an entrepreneur.
1. b provided clearly in lines 1-3 ‘ We describe the entrepreneur…..in order to exploit these opportunities for
personal gain’
2. d This statement is nowhere provided in the passage, thus is definitely not actual as per the passage.
3. b Lines 9-11 mention the entrepreneurial functions as provided in choice b … coordinating resources,
recognizing opportunities, judgmental decision


4. a provided very clearly in the last para ‘ If there are more than….in the world of business?’, choice ‘c’
implies the identical thing but the ques. of concern remains as in ‘a’.
Directions: ques. five & six relate to the snippets provided below:

At the peak of the Battle of Britain, Winston Churchill stated in the Commons on August 20, 1940, that “never
in the field of human conflict was so much owed by so many to so few”. Little did he then know how a
majority of Indians would echo his sentiments, fifty years on, about 1.2 million of their compatriots. The
latter have catapulted India into the international hi-tech orbit, lifting the contribution of the services sector
in gross domestic product (GDP) to 52% – leaving industry and agriculture jostling for space in the rear.
The recent is that software and info Technology (IT) services are expected to account for 7.7% of
GDP by 2008, with software exports of around $ 87 billion. That, in turn, should generate a demand for IT
hardware of $ 50 billion. The software industry employs more than 800,000 professionals with around
260,000 in software exports, 28,000 in the domestic software market, 280,000 in captive software user
organizations, and 245,000 in the ITES–BPO sector. In fact, it has been planned to reach a teledensity of
9 per hundred by 2007 for New Delhi, to attain which 90 million direct exchange lines would be needed!
That compares with just 20 million lines in 2000. Even India’s cellular phone market is growing and investments
exceeding Rs. 25,000 crore are expected in the next 3 years, with a subscriber base of 120 million by
2008.


5. The underlined sentence in the 1st snippet implies that:

Earning:   Approval pending.