Indian Institue of Management 2000 M.B.A CAT - Question Paper

5. Which of the subsequent statements is not a likely consequence of emerging technologies in agriculture?
(1) Development of newer and newer varieties will lead to increase in biodiversity.
(2) MNCs may underplay the negative consequences of the newer technology on environment.
(3) Newer varieties of seeds may increase vulnerability of crops to pests and diseases.
(4) Reforms in patent laws and user compensation against crop failures would be needed to address new technology issues.

6. The TRIPs agreement emerged from the Uruguay Round to
(1) address the issue of adverse consequences of genetically engineered new varieties of grain.
(2) fulfil the WTO requirement to have an agreement on trade related property rights.
(3) give incentives to innovators by way of protecting their intellectual property.
(4) provide credibility to the innovations made by MNCs in the field of pharmaceuticals and agriculture.


7. Public or quasi-public research institutions are more likely than private companies to address the negative consequences of new
technologies, because of which of the subsequent reasons?
(1) Public research is not driven by profit motive.
(2) Private companies may not be able to absorb losses arising out of the negative effects of the new technologies.
(3) Unlike new technology products, knowledge and techniques for resource management are not amenable to simple market
transactions.
(4) All of the above.


8. While developing a strategy and policies for building a more dynamic national agricultural research system, which 1 of the
subsequent statements needs to be considered?
(1) Public and quasi-public institutions are not interested in making profits.
(2) Public and quasi-public institutions have a broader and long-term outlook than private companies.
(3) Private companies are incapable of building products based on traditional and folk knowledge.
(4) Traditional and folk knowledge cannot be protected by patents.





PASSAGE II
One of the criteria by which we judge the vitality of a style of painting is its ability to renew itself-its responsiveness to the changing
nature and quality of experience, the degree of conceptual and formal innovation that it exhibits. By this criterion, it would appear

Earning:   Approval pending.