JIPMAT 2024 (VA) - Pick the most appropriate word to fill (ii) in the given passage : | PYQs + Solutions | AfterBoards
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JIPMAT 2024 (VA) PYQs

JIPMAT 2024

VA
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Grammar

Easy

Read the paragraph and answer the questions that follow.

Are people ___ (i) ___ or even typically, guided by reason, rather than, say, by passion or impulse ? If the norms of rational behaviour are not followed by people in their actual behaviour, how can we seek the same answer to two rather different questions : what would be rational for a person to do ? And what would the person actually do ? Shouldn't the economists who make such double use of maximisation - whether through explicit reasoning ___ (ii) ___ by implicit presumption - be invited to apply their minds to this ?
A number of economists have indeed paid attention to systematic departures from rationality in actual choices made by people. One argument that has been invoked, in a line of reasoning proposed by Herbert Simon, goes by the name of bounded rationality. It concerns the possibility that people may not, in all cases, look for fully ___ (iii) ___ choices because of their inability to be sufficiently focussed. There is considerable evidence, powerfully presented, for example, ___ (iv) ___ Kahneman, Slovic and Tversky, that people may fail to understand adequately the nature of the uncertainty.

Pick the most appropriate word to fill (ii) in the given passage :

Correct Option: 2
\newline\newline\newline\newline\newline\newline\newline\newline\newline\newline\newline\newline\newline\newline\newline\newline\newline\newline\newline\newline\newline
Option Explanation
Option 1: and ❌ Suggests both together – doesn't fit the "whether... or..." structure.
Option 2: or ✔️ Correct – fits the contrast: "whether through... or by..."
Option 3: along ❌ "Along by" is incorrect – not a valid phrase.
Option 4: instead ❌ Doesn’t fit grammatically – "whether through... instead by..." is incorrect.

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