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CAT Exam Model Paper 1 with solutions for free online practice

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Directions (Q. No. 25-28) Arrange the following sentences in the correct order.

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Question : 28 of 100

Marks: +1, -0

1. Ignorance is the opposite of knowledge, i.e., want of knowledge.

2. To deal with uncertainty and ignorance economists have recognized the entrepreneur as possessing this non-rational form of knowledge.

3. Like some ancient priest-king, the entrepreneur ‘knows’ the future and leads his people.

4. Entrepreneurial knowledge is essentially intuitive.

5. It involves seeing and realizing a vision o f future markets, products and/or other opportunities.

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