TESTfunda - CAT Question of the Day 21-Feb-14

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Testfunda
21-Feb-14
CAT Question of the Day
The last sentence from the paragraph has been deleted. Choose the option that best completes the paragraph.
 
Sample this: India is home to the fifth-largest reserves of high-grade iron ore and has vast reserves of coking coal. Together, these minerals form the key inputs into steel-making, accounting for over 50% of the total cost of finished steel. With access to cheap labor and technically qualified engineers, and with over half a century of iron- and steel-making expertise in the nation, certainly India should be expected to have a vibrant, not to mention self-sufficient, steel industry. _____________________________. 

OPTIONS
 
 1)
Several large economies like the US and Germany to China and South Korea have developed a thriving steel industry during their developmental stages. 
 2)
Strong domestic demand is expected to underpin the growth of the steel industry in India. 
 3)
India would have no choice but to import steel or curb the rapid development we aspire to achieve.
 4)
India is among the lowest-cost producers of steel and has the potential to emerge as a regional hub.
Tip of the Day
Before tackling any fill in the blank question, read the complete sentence once, without looking at the options. Think of a word which will fit the blank. Then look for the word or its nearest synonym in the given options.
Last year's Question of the day (20-Feb-13)
65% of the students in a class have taken subject A, 80% have taken subject B, 75% have taken subject C and 85% have taken subject D. At least what percentage of students have all four subjects?
OPTIONS
 
 1)5
 2)10
 3)0
 4)15
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