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1. Statement :The Govt. has decided to instruct the banks to open new branches in such a way that there is one branch of any of the banks in every village of population 1000 and above or a cluster of villages with population less than 1000 to provide banking services to all the citizens.
Which of the following will weaken the step taken by the Govt?
Which of the following will weaken the step taken by the Govt?
(1) The private sector banks in India have stepped up their branch expansion activities in rural India
(2) Many Govt. owned banks have surplus manpower in its urban branches
(3) All the banks including those in private sector will follow the govt. directive
(4) Large number of branches of many Govt. owned banks in the rural areas are making huge losses every year due to lack of adequate business activities
(5) None of these
(2) Many Govt. owned banks have surplus manpower in its urban branches
(3) All the banks including those in private sector will follow the govt. directive
(4) Large number of branches of many Govt. owned banks in the rural areas are making huge losses every year due to lack of adequate business activities
(5) None of these
2. The Govt. has recently increased its taxes on petrol and diesel by about 10 per cent. Which of the following can be a possible effect of the above statement?
(1) The petroleum companies will reduce the prices of petrol and diesel by about 10 per cent
(2) The petroleum companies will increase the prices of petrol and diesel by about 10 per cent
(3) The petroleum companies will increase the prices of petrol and diesel by about 5 per cent
(4) The petrol pumps will stop selling petrol and diesel till the taxes are rolled back by the govt.
(5) None of these
(1) The petroleum companies will reduce the prices of petrol and diesel by about 10 per cent
(2) The petroleum companies will increase the prices of petrol and diesel by about 10 per cent
(3) The petroleum companies will increase the prices of petrol and diesel by about 5 per cent
(4) The petrol pumps will stop selling petrol and diesel till the taxes are rolled back by the govt.
(5) None of these
Directions (3-5) : Study the following information carefully and answer the questions given below—
The centre reportedly wants to continue providing subsidy to consumers for cooking gas and kerosene for five more years. This is not good news from the point of view of reining in the fiscal deficit. Mounting subventions for subsidies means diversion of savings by the government from investment to consumption, raising the cost of capital in the process.
The centre reportedly wants to continue providing subsidy to consumers for cooking gas and kerosene for five more years. This is not good news from the point of view of reining in the fiscal deficit. Mounting subventions for subsidies means diversion of savings by the government from investment to consumption, raising the cost of capital in the process.
The government must cut expenditure on subsidies to create more fiscal space for investments in both physical and social infrastructure. It should outline a plan for comprehensive reform in major subsidies including petroleum, food and fertilizers and set goals.
3. Which of the following is a conclusion which can be drawn from the facts stated in the above paragraph?
(1) Subsidy provided by the government under various heads to the citizen increases the cost of capital
(2) Govt. is unable to withdraw subsidies provided to various items
(3) Govt. subsidy on kerosene is purely a political decision
(4) Govt. does not have enough resources to continue providing subsidy on petroleum products
(5) None of these
(2) Govt. is unable to withdraw subsidies provided to various items
(3) Govt. subsidy on kerosene is purely a political decision
(4) Govt. does not have enough resources to continue providing subsidy on petroleum products
(5) None of these
4. Which of the following is an assumption which is implicit in the facts stated in the above paragraph? .
(1) People in India may not be able to pay more for petroleum products
(2) Many people in India are rich enough to buy petroleum products at market cost
(3) Govt. may not be able to create more infrastructural facilities if present level of subsidy continues for a longer time
(4) Govt. of India has sought assistance from international financial organizations for its infrastructural projects
(5) None of these
(2) Many people in India are rich enough to buy petroleum products at market cost
(3) Govt. may not be able to create more infrastructural facilities if present level of subsidy continues for a longer time
(4) Govt. of India has sought assistance from international financial organizations for its infrastructural projects
(5) None of these
5. Which of the following is an inference which can be made from the facts stated in the above paragraph ?
(1) India’s fiscal deficit is negligible in comparison to other emerging economies in the world
(2) Subsidy on food and fertilizers are essential for growth of Indian economy
(3) Reform in financial sector will weaken India’s position in the international arena
(4) Gradual withdrawal of subsidy is essential for effectively managing fiscal deficit in India
(5) None of these
(2) Subsidy on food and fertilizers are essential for growth of Indian economy
(3) Reform in financial sector will weaken India’s position in the international arena
(4) Gradual withdrawal of subsidy is essential for effectively managing fiscal deficit in India
(5) None of these
Directions (6-10): In each question below is given a statement followed by two assumptions/inferences numbered I and II. As assumption is something supposed or taken for granted and an inference is not directly given but can be inferred based on the facts presented. You have to consider the statement and the following assumptions/inferences and decide which of those is /are implicit in the statement. Give answers-
(1) If only I is Implicit
(2) If only II is Implicit
(3) If either I or II is Implicit
(4) If neither I nor II is Implicit
(5) If both I and II are Implicit
6. Statement: A leading car manufacturer has re-introduced a new model of existing car with modified and peppy looks but with the same engine?
Assumptions:
I. Engine’s performance is not as important as the looks of the car
II. Looks of the vehicle are important to the buyers.
7. Statement: As the existing sanctuaries failed to protect the lions from poachers, the state government decided to open two new sanctuaries in the same area.
Assumptions:
I. These are not enough lions left to the protect from the poachers
II. Keeping lions in captivity rather than in sanctuaries can ensure their safety from the poachers.
8. Statement: It is desirable to put the child in the school at the age of 5 years or so.
Assumption:
Assumption:
I: At that age the child reaches appropriate level of development and is ready to learn.
II: The schools do not admit children after six years of age.
II: The schools do not admit children after six years of age.
9. Statement: Even with the increase in the number of sugar factories in India, we still continue to import sugar.
Assumption:
Assumption:
I. The consumption of sugar per capita has increased in India.
II. Many of the factories are not in a position to produce sugar to their fullest capacity.
II. Many of the factories are not in a position to produce sugar to their fullest capacity.
10. Statement: “You must learn to refer to a dictionary if you want to become a good writer”-A advices B.
Assumption
Assumption
I. Only writers refer to the dictionary.
II. All writers, good or bad, refer to the dictionary.
II. All writers, good or bad, refer to the dictionary.
Answers With Explanation
1. (4)
If the existing bank branches are already making losses in rural areas, then there is no point in opening new branches. Instead, the focus should be to make them profit making first and then open new branches.
2. (2)
3. (4)
4. (1)
As the people may not be able to afford the petroleum products at market rate right now, the Government wants to continue with the subsidies.
5. (4)
6. (2)
7. (4)
None Implicit
8. (1)
It is logical to say that at the age of 5 years the child reaches appropriate level of development and is ready to learn. So, assumption I statement implicit. Assumption II is not relevant.
9. (4)
None is implicit as there may be various reasons for the same.
10. (4)
Nothing can be said definitely.
