Fact, Inference, Judgement For CAT 2012

Hello puys, here is the thread for discussion of all your FIJ queries. Link to last years’ thread http://www.pagalguy.com/forum/english-resources/31973-fact-inference-judgement-cat-2008-a.html http://www.pagalguy.com/forum/english-re

Hello puys,
here is the thread for discussion of all your FIJ queries.

Link to last years' thread

http://www.pagalguy.com/discussions/fact-inference-judgement-for-cat-2008-25031973
http://www.pagalguy.com/discussions/factinferencejudgement-for-cat-2009-25037353
http://www.pagalguy.com/discussions/factinferencejudgement-for-cat-2010-25056806
http://www.pagalguy.com/discussions/fact-inference-judgement-for-cat-2011-25062056

Chalo ji , Shuru kiya jaaye......

Set 1

A. When the financial system fails,everyone suffers
B. Money is defined as just a collective agreement that a piece of paper can always be exchanged for goods or services
C. You must believe that decisions made collectively by large groups of people are more likely to turn out to be accurate than decisions made by individuals
D. Free markets shun seemingly worthy causes, whereas the frivolous or apparently undeserving are rewarded

a)FJJI b)JFJJ c)FFIJ d)JJFF e)FFFF

Set 1:

My take is option b.

Chalo ji , Shuru kiya jaaye......

Set 1

A. When the financial system fails,everyone suffers
B. Money is defined as just a collective agreement that a piece of paper can always be exchanged for goods or services
C. You must believe that decisions made collectively by large groups of people are more likely to turn out to be accurate than decisions made by individuals
D. Free markets shun seemingly worthy causes, whereas the frivolous or apparently undeserving are rewarded

a)FJJI b)JFJJ c)FFIJ d)JJFF e)FFFF

Set 1:
Option b
a=judgement as it resembles one's opinion and
b=fact as it states that "defined as"

No need to go for other options 😁
Chalo ji , Shuru kiya jaaye......

Set 1

A. When the financial system fails,everyone suffers
B. Money is defined as just a collective agreement that a piece of paper can always be exchanged for goods or services
C. You must believe that decisions made collectively by large groups of people are more likely to turn out to be accurate than decisions made by individuals
D. Free markets shun seemingly worthy causes, whereas the frivolous or apparently undeserving are rewarded

a)FJJI b)JFJJ c)FFIJ d)JJFF e)FFFF


my take option b

my answer is option B.

Set 1:

My take is option b.

Set 1:
Option b
a=judgement as it resembles one's opinion and
b=fact as it states that "defined as"

No need to go for other options :D

vishal das Says
my take option b

junefever Says
my answer is option B.



Yes b) it is

A,C,D are judgements as they are opinions and talk about right/wrong or approval or disapproval
Let us look at the hints :
A -> "..everyone,suffers"
C -> "You must believe..turn out to be accurate..."
D -> "Free markets shun .whereas the frivolous or apparently
underserving.."

B -> "Money is defined as ...." is a fact
Cheers!
Chalo ji , Shuru kiya jaaye......

Set 1

A. When the financial system fails,everyone suffers
B. Money is defined as just a collective agreement that a piece of paper can always be exchanged for goods or services
C. You must believe that decisions made collectively by large groups of people are more likely to turn out to be accurate than decisions made by individuals
D. Free markets shun seemingly worthy causes, whereas the frivolous or apparently undeserving are rewarded

a)FJJI b)JFJJ c)FFIJ d)JJFF e)FFFF


My take B.
Set-2

1) People may question the merits of returning to a 'golden era' of the gold standard, but it seems fair to say that the development of world trade was encouraged by the systematic linking of national currencies and price stability of the system.
New discoveries of gold would generate discontinuous jumps in the price level, but the period of the gold standard was marked by a fairly stable stock of gold.
Under a gold standard, currencies are valued in terms of a gold equivalent known as the mint parity price, that is, an ounce of gold was worth $20.67 in terms of the U.S. dollar over the gold standard period.
If the government does not stand willing to buy and sell at the mint parity price, then the price will fluctuate with changes in the supply and demand relative to gold.

A.IFFJ
B.JIFI
C.JIIF
D.IJFJ


2) It often appears that financial market participants believe that some governments are lacking the credibility required to create confidence in the system.
A currency board is a government institution that exchanges domestic currency for foreign currency at a fixed rate of exchange.
The typical demise of a fixed exchange rate system comes when the central bank runs out of foreign currency to exchange for domestic currency and ends up devaluing the domestic currency.
As a result of such foreign currency holdings, people believe that the currency board will always have an adequate supply of foreign currency to exchange at the fixed rate of exchange.



A.IFII
B.JFIJ
C.FIJJ
D.JFII


3) Indeed Walzer characterizes his claim in an open ended distributive principle, 'No social good x should be distributed to men and women who possess some other goody merely because they possess y and without regard to the meaning of x'.
Wealth shouldn't bring with it access to political power and so unequal wealth shouldn't result in unequal power.
When we have reached a position where distributions are appropriate to their goods and spheres are kept distinct then we will have a just society.
Complex equality means that no citizen's standing in one sphere or with regard to one social good can be undercut by his standing in some other sphere, with regard to some other good.



A.JFJI
B.IJFI
C.JIIF
D.FIFJ
SET-3

1) It is believed that a political theory suited to a multicultural society must go beyond liberalism and must stress the centrality of a dialogue between cultures and ethical norms, principles and institutional structures presupposed and generated by it.
Ethical meaning is given solely within the context of a social group and attempting to make cross cultural judgements is at best arrogant and at worst a kind of ethical imperialism.
If we cannot find convincing ways to show that mediation between groups is possible and desirable then there is where we remain.
Our present task is not to become thoroughly familiar with every detail of these powerful arguments but to fill out this continuum to see what distinguishes each position from the others and to find out what principles drive each of them to their different conclusions.



A.JFJJ
B.JJFI
C.FFJI
D.FJJI


2) In this way there can be both legal rights and moral reasons explaining why certain legal rights should be created, but not moral rights themselves.
The utilitarian understanding of rights as based on moral claims that derive from utility is open to the objections raised about the way such rights can be legitimately overridden in trade-offs.
As rights are simply instrumentally justified as means of maximizing utility they lack an absolute character.
Instead, rights must be treated flexibly, enabling us to minimize rights violations by occasionally sanctioning a violation of rights if this is morally justified.



A.JFJI
B.IJII
C.FFJI
D.IIFJ
Set-2

1) People may question the merits of returning to a 'golden era' of the gold standard, but it seems fair to say that the development of world trade was encouraged by the systematic linking of national currencies and price stability of the system.
New discoveries of gold would generate discontinuous jumps in the price level, but the period of the gold standard was marked by a fairly stable stock of gold.
Under a gold standard, currencies are valued in terms of a gold equivalent known as the mint parity price, that is, an ounce of gold was worth $20.67 in terms of the U.S. dollar over the gold standard period.
If the government does not stand willing to buy and sell at the mint parity price, then the price will fluctuate with changes in the supply and demand relative to gold.

A.IFFJ
B.JIFI
C.JIIF
D.IJFJ


2) It often appears that financial market participants believe that some governments are lacking the credibility required to create confidence in the system.
A currency board is a government institution that exchanges domestic currency for foreign currency at a fixed rate of exchange.
The typical demise of a fixed exchange rate system comes when the central bank runs out of foreign currency to exchange for domestic currency and ends up devaluing the domestic currency.
As a result of such foreign currency holdings, people believe that the currency board will always have an adequate supply of foreign currency to exchange at the fixed rate of exchange.



A.IFII
B.JFIJ
C.FIJJ
D.JFII


3) Indeed Walzer characterizes his claim in an open ended distributive principle, 'No social good x should be distributed to men and women who possess some other goody merely because they possess y and without regard to the meaning of x'.
Wealth shouldn't bring with it access to political power and so unequal wealth shouldn't result in unequal power.
When we have reached a position where distributions are appropriate to their goods and spheres are kept distinct then we will have a just society.
Complex equality means that no citizen's standing in one sphere or with regard to one social good can be undercut by his standing in some other sphere, with regard to some other good.



A.JFJI
B.IJFI
C.JIIF
D.FIFJ


My take:
1) B
2) B(not sure)
3) C
What is the OA???

Set 2 : B,B,C
Set 3 : D,A

....Rusty..

Set-2


1) People may question the merits of returning to a 'golden era' of the gold standard, but it seems fair to say that the development of world trade was encouraged by the systematic linking of national currencies and price stability of the system.
New discoveries of gold would generate discontinuous jumps in the price level, but the period of the gold standard was marked by a fairly stable stock of gold.
Under a gold standard, currencies are valued in terms of a gold equivalent known as the mint parity price, that is, an ounce of gold was worth $20.67 in terms of the U.S. dollar over the gold standard period.
If the government does not stand willing to buy and sell at the mint parity price, then the price will fluctuate with changes in the supply and demand relative to gold.

A.IFFJ
B.JIFI
C.JIIF
D.IJFJ


2) It often appears that financial market participants believe that some governments are lacking the credibility required to create confidence in the system.
A currency board is a government institution that exchanges domestic currency for foreign currency at a fixed rate of exchange.
The typical demise of a fixed exchange rate system comes when the central bank runs out of foreign currency to exchange for domestic currency and ends up devaluing the domestic currency.
As a result of such foreign currency holdings, people believe that the currency board will always have an adequate supply of foreign currency to exchange at the fixed rate of exchange.



A.IFII
B.JFIJ
C.FIJJ
D.JFII


3) Indeed Walzer characterizes his claim in an open ended distributive principle, 'No social good x should be distributed to men and women who possess some other goody merely because they possess y and without regard to the meaning of x'.
Wealth shouldn't bring with it access to political power and so unequal wealth shouldn't result in unequal power.
When we have reached a position where distributions are appropriate to their goods and spheres are kept distinct then we will have a just society.
Complex equality means that no citizen's standing in one sphere or with regard to one social good can be undercut by his standing in some other sphere, with regard to some other good.



A.JFJI
B.IJFI
C.JIIF
D.FIFJ


OA in Bold
SET-3

1) It is believed that a political theory suited to a multicultural society must go beyond liberalism and must stress the centrality of a dialogue between cultures and ethical norms, principles and institutional structures presupposed and generated by it.
Ethical meaning is given solely within the context of a social group and attempting to make cross cultural judgements is at best arrogant and at worst a kind of ethical imperialism.
If we cannot find convincing ways to show that mediation between groups is possible and desirable then there is where we remain.
Our present task is not to become thoroughly familiar with every detail of these powerful arguments but to fill out this continuum to see what distinguishes each position from the others and to find out what principles drive each of them to their different conclusions.



A.JFJJ
B.JJFI
C.FFJI
D.FJJI


2) In this way there can be both legal rights and moral reasons explaining why certain legal rights should be created, but not moral rights themselves.
The utilitarian understanding of rights as based on moral claims that derive from utility is open to the objections raised about the way such rights can be legitimately overridden in trade-offs.
As rights are simply instrumentally justified as means of maximizing utility they lack an absolute character.
Instead, rights must be treated flexibly, enabling us to minimize rights violations by occasionally sanctioning a violation of rights if this is morally justified.



A.JFJI
B.IJII
C.FFJI
D.IIFJ


OA in Bold

Hope this helps !!!!

FACTS
Deal with pieces of information that one has heard, seen or read, and which are open to discovery or verification.

The key word here is verification. A fact is a statement that can be verified, i.e. a fact is either true or false.
Facts are statements that may involve numbers, natural phenomena, dates etc.



INFERENCES


These are conclusions drawn about the unknown, on the basis of the known.


JUDGEMENTS

These are opinions that imply approval or disapproval of persons, objects, situations, and occurrences in the past, the present or the future.

Hey puys,
Thanks for the useful info regarding the three...... But i cant recollect ri8 now that there were certain hints in the sentence itself to distinguish between those three....
Can any1 help me with dis??

Hey..... no1 is active here or wat??? C'mon wher did all of u go ????

PritishaGanguly Says
Hey..... no1 is active here or wat??? C'mon wher did all of u go ????


Hi Pritisha,

As mentioned in the prev. post by angad ...you can see the difference in FIJ

I think the Verbal & LR book of Arun Sharma would give more insight on the topic but, from personal experience practice is the key with the help of which you,yourself will automatically be able to differentiate b/w F,I and J

Hope it helps !!

SET-3


My take.
1. D
2. A