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Read the following passage and answer the item that follows. Your answers to this item should be based on the passage only. An innovative India will be inclusive as well as technologically advanced, improving the lives of all Indians. Innovation and R&D can mitigate increases in social inequality and relieve the pressures created by rapid urbanization. The growing divergence in productivity between agriculture and knowledge-intensive manufacturing and services threatens to increase income inequality. By encouraging India's R&D labs and universities to focus on the needs of poor people and by improving the ability of informal firms to absorb knowledge, an innovation and research agenda can counter this effect. Inclusive innovation can lower the costs of goods and services and create income-earning opportunities for the poor people. Which among the following is the most logical and rational assumption that can be made from the above passage?

Read the following passage and answer the item that follows. Your answers to this item should be based on the passage only. An innovative India will be inclusive as well as technologically advanced, improving the lives of all Indians. Innovation and R&D can mitigate increases in social inequality and relieve the pressures created by rapid urbanization. The growing divergence in productivity between agriculture and knowledge-intensive manufacturing and services threatens to increase income inequality. By encouraging India's R&D labs and universities to focus on the needs of poor people and by improving the ability of informal firms to absorb knowledge, an innovation and research agenda can counter this effect. Inclusive innovation can lower the costs of goods and services and create income-earning opportunities for the poor people. Which among the following is the most logical and rational assumption that can be made from the above passage? Correct Answer    Inclusive innovation and R&D can help create an egalitarian society.

The correct answer is

Inclusive innovation and R&D can help create an egalitarian society.

 Key Points

  • The whole passage revolves around the idea of making India innovative by encouraging the R&D sector, which in turn can decrease social inequality and pressure created by rapid urbanization.
  • Because of the least R&D in the agricultural sector, it is the least developed; hence, the productivity in this sector is less while on the other hand, there is an impressive advancement in knowledge-intensive manufacturing and services, which in turn is creating a huge income gap between these the two sectors.
  • According to the passage, the above-mentioned issues can be mitigated if the R&D labs and universities focus on the needs of the poor and help in increasing the skills of the informal sector and workers by providing the proper knowledge to them.
  • With inclusive innovation, the cost of goods and services will decrease as it involves informal sectors, which in turn will increase the income-earning opportunities for the poor.
  • From the above lines, we can conclude that - Inclusive innovation and R&D can help create an egalitarian society.

​​Hence, option 3 is the correct choice.

Additional Information

  • Let's understand the meanings of these terms:
  • Informal Sector The informal sector refers to those workers who are self employed, or who work for those who are self employed.
    Inclusive Growth It is the economic growth that is distributed fairly across society and creates opportunities for all. 

Related Questions

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