Directions (1-7): Read the following passage carefully and answer the
questions given below it. Certain words are printed in bold to help you locate
them while answering some of the questions.
Globalization is the objective
trend of economic development in the world today, featured by free flow and
optimized allocation of capital, technology, information and service in the
global context. It is the inevitable result of the development of productive
forces and advances of science and technology, especially the revolution of
information technology since the 1980s and 1990s.
The influence of globalization
on countries at different stages of development is entirely different. The
"dividends" derived from globalization are not fairly distributed.
The developed countries have apparent advantages in capital, technology, human
resources and administrative expertise and in setting the "rules of the
game". They are usually the biggest beneficiaries of globalization. The
developing countries on the other hand are on the whole in an unfavorably
position. Developing countries can obtain some foreign investment, advanced
technologies and management expertise, but at the same time they are the most
vulnerable to the negative impacts of globalization and lack the ability to
effectively fend off and reduce the risks and pitfalls that come along with
globalization. In the 1990s, especially in recent years, the gap between the
North and the South has further widened. The economic sovereignty and economic
security of the developing countries are confronted with enormous pressure and
stern challenges. Some least-developed countries are even on the brink of being
marginalized by globalization. Therefore, in participation of globalization,
developing countries should always be on alert and try by all means to exploit
the advantages and avoid all kinds of risk and harm.
In the past 20-odd years, China
has maintained an annual growth rate of over 9.3% on average. China is now the
6th largest economy and the 5th largest trading nation in the world. More than
200 million people have been lifted out of poverty. The above accomplishments
were achieved against the backdrop of a volatile international situation. The
reason why China was so successful in such a short period of time and in a
constantly changing international environment is because China has found its
own road of development i.e, to base what we do on the realities of China while
sticking to the basic system of socialism, reforms should be carried out to
solve the problems of incompatibility between the productive forces and the
relations of production, and between economic base and the superstructure, so
as to achieve self-perfection of socialism. Every country is different from the
other.
It opens not only to developed
countries, but also to developing countries, not only in economic field, but
also in all areas of social development. At the same time, it is not a blind
opening, but a self-conscious one, not a disorganized opening but a systematic
one. China's opening proceeds and deepens in a gradual and step by step
fashion. It started from the 4 special economic zones, to coastal cities, then
to capital cities of inland provinces and now it has reached an unprecedented
stage of all-round opening demonstrated by China's accession to the World Trade
Organization. During its opening-up, China paid special attention to give full
play to its comparative advantages to actively conduct international
cooperation and competition. For instance, China has fully exploited its
advantages of low cost of labour to attract foreign investment and technology
to push economic development and better efficiency and quality of economic
growth. These measures have brought the Chinese economy increasingly integrated
with the world economy.
China has learnt many lessons
and accumulated rich experiences in dealing with globalisation from its
practice of reform and opening-up. To adopt opening-up policy. It opens not
only to developed countries, but also to developing countries, not only in
economic field, but also in all areas of social development. At the same time,
it is not a blind opening, but a self-conscious one, not a disorganized opening
but a systematic one. China's opening proceeds and deepens in a gradual and
step by step fashion. It started from the 4 special economic zones, to coastal
cities, then to capital cities of inland provinces and now it has reached an
unprecedented stage of all-round opening
demonstrated
by China's accession to the World Trade Organization. During its opening-up,
China paid special attention to give full play to its comparative advantages to
actively conduct international cooperation and competition.
China's participation in Globalization
is by no means a one-way street. When the world economic growth remains weak,
China's economy is one of the few bright spots. As World Bank Report on Global
Development Finance 2003 published in early April pointed out that China's fast
growth "helped to drive the recovery in East Asia. Together with policy
stimulus in other countries, China's performance lifted the region to growth of
6.7 % in 2002, up from 5.5% in 2001.China has also provided the world with the
largest rising market. When more than 1.25 billion people become well-off, the
demand on everything will be enormous. Just to give you an example, in the
coming 10 years alone, China will import US$ 2 trillion of goods from the
outside world. It goes without saying that we are also facing many challenges.
For instance, with the accession to the WTO, China is faced with growing
pressure from international competition. China's enterprises have to cope with
fiercer competition not only at international market, but at home market as
well. Nevertheless, opening the country to the outside world is China's basic
and long-term state policy. China is committed to opening still wider to the
outside world in an all-directional and multi-tiered way, with an even more
active approach.
Q1. Why the "dividends" derived from
globalization are not fairly distributed?
(a) Apprehension in embracing
and seizing the opportunities presented by globalization
(b) Failing to adopt reforms to
keep up with the steps of the changing world.
(c) Political disadvantage due
to inactivity in the developing countries.
(d) Due to the lack of a just
and equitable international economic order
(e) None of these.
Q2. What reason author has given for China’s achievement
in such a short span of time?
(a) Signficant modifications in
the basic system of socialism.
(b) Framing their models on
Chinese characteristics rather than relying on plagiarism.
(c) As they gave much more
impetus on advancement in technology, human resources and administrative
expertise
(d) Their responsible approach
as they remained vigilant against various risks, especially financial risks.
(e) None of these
Q3. Which of the following is the most suitable term for
the nature of Chinese opening to the outside world?
(a) Progressive (b) Self
conscious
(c) Comprehensive (d) Discerning
(e)
Selective
Q4. How according to author China is contributing to
World Economy?
(a) By giving the road
development to other developing countries so that they can follow the same
path.
(b) By providing a huge market
to the World to supply the needs of billion uplifted Chinese population.
(c) By new advancements in
technology and human resources.
(d) Focusing their attention to
conduct international cooperation and competition.
(e) None of these.
Q5. Which of the following statement(s) is/ are true in
context of the passage?
(i) Developing countries are
raising their concern over China’s commitment to even more active approach
towards opening to World.
(ii) Developing countries are usually
the most active propellers of globalization.
(iii) China’s rise is a threat
for the developing countries like America.
(a) Only (ii) (b) Both (i) and
(iii)
(c) Both (i) and (ii) (d) Only
(i).
(e) All of the above
Q6. What is the challenge that is faced by China?
(a) Need to fulfill the enormous
demands of more than a billion Chinese people who have recently escaped from
poverty.
(b) Adapting to the model
adopted by the other countries so as to not get isolated.
(c) Growing pressure from the international
market.
(d) Opening the country to the
outside world
(e) None of these
Q7. Which of the following statement is false?
(a) Low cost of labour in China
is key to attract foreign investment.
(b) Achieving self-perfection of
socialism is a reason for China's incredible growth
(c) Developing country can
suffer economically due to globalization.
(d) China is facing a much
fiercer competition at home compared to international markets.
(e) None of these.
Directions (8-12): Rearrange the following Six sentences (A), (B), (C),
(D), (E) and (F) in the proper sequence to form a meaningful paragraph and then
answer the questions given below.
A--It
is the only country in the world that is carbon negative, which means it
produces more oxygen than it consumes.
B--Bhutan, sandwiched between
the two most populous nations on Earth, suffers for their sins.
C--So far, so good. But then,
two things happened.
D--Carbon sinks, 70% forest
cover, powered almost entirely by mountain streams—Bhutan is a poster child for
green living.
E-- Glaciers are beginning to
melt, flash floods and heavy rains—and even droughts—are common, and
temperatures are climbing.
F-- One, India and China got
richer.
Q8. Which of the following should be the First sentence
of the given paragraph?
(a)E (b)D
(c)C (d)B (e)A
Q9. Which of the following should be the Third sentence
of the given paragraph?
(a)A (b)B
(c)C (d)D (e)E
Q10. Which of the following should be the LAST sentence of
the given paragraph?
(a)A (b)C
(c)B (d)D (e)E
Q11. Which of the following should be the Fourth sentence
of the given paragraph?
(a)F (b)C
(c)B (d)E (e)D
Q12. Which of the following should be the Second sentence
of the given paragraph?
(a)B (b)D
(c)A (d)C (e)E
Directions (Q.13-20): In the following passage, youhave abrief passage. In
the following passage, some of the words have been left out. First read the
passage over and try to understand what it is about. Then fill in the blanks
with the help of the alternatives given.
Big ideas come from tackling --13--
problems. When one is confronted with an overwhelming task, it’s pieces.
Business jargon is full of phrases about that, like “pilot projects” and
“low-hanging fruit.” They have their place, but in the repertory of management
--14---, they should share their place with bold approaches to big
challenges. Much of today’s most valuable management knowledge came from
wrestling with such issues. The most complicated workplace in the middle of the
last century was the automobile assembly plant. Drawn to its complexity where
Peter F. Drucker, W. Edwards Deming, and Taiichi Ohno, among others. The work
they and their disciples did, applied in industry after industry, is the basis
of the best that we know about operations, managing people, innovation,
organizational design, and much more.
The
most complex workplaces are tertiary care hospitals. These vast --15--
employ tens of thousands of people who, under one roof, do everything from
neurosurgery to laundry. Each patient – that is to say, each “job” — calls on a
different set of people with a different constellation of ---16---;
even when the two patients have the same diagnosis, success may be --17--
differently. This is complexity of an order of magnitude greater than
automobile assembly, and anyone who --18--- hospitalized knows that
management has thus far been unequal to the scope of task. The workers,
managers, consultants, and scholars --19-- crack this nut will reshape
industries and institutions just as ---20--- as Drucker, Deming, and
Ohno did.
Q13.
(a) Small
(b) big
(c) Irrelevant
(d) Buildings
(e) minor
Q14.
(a) Weakness
(b) Strength
(c) Power
(d) practice
(e) symptom
Q15.
(a) houses
(b) institute
(c) demagogue
(d) Forts
(e) enterprises
Q16.
(a) Barbarity
(b) talent
(c) skills
(d) unskilled
(e)
barbaric
Q17.
(a) managed
(b) Officious
(c) Delivered
(d) measured
(e) postponed
Q18.
(a) are been
(b) have being
(c) have been
(d) has been
(e) is be
Q19.
(a) who
(b) whom
(c) whose
(d) which
(e) whomsoever
Q20.
(a) Profoundly
(b) gradually
(c) superficially
(d) speciously
(e) earnest
Directions (21-30): Identify the error in the sentences given below, if
there is no error, click option (E).
Q21.
(a)The need to set up
(b)a good library in the
locality
(c)has been in the minds of
people
(d)for some time now
(e)No error
Q22.
(a)Most people would have
(b)attended the union meeting
(c)if they had
(d)had longer notice of it.
(e)No error
Q23.
(a)He took to
(b)reading Times
(c)for better knowledge
(d)of the facts.
(e)No error
Q24.
(a)When children have difficulty
understanding
(b)a certain mathematical
process, it is often because
(c)their teachers do not
understand it conceptually
(d)themselves and do not present
it in a way that children can understand.
(e)No error.
Q25.
(a)Studies show that the lives
of millions of mothers
(b)and their children could be
saved if countries would
(c)invest in programs that
ensures a healthy pregnancy,
(d)and safe childbirth.
(e)No error.
Q26.
(a)Film viewers claim that
(b)the number of scenes
depicting alcohol consumption
(c)have increased dramatically
over
(d)the last decade.
(e)no error
Q27.
(a)Forty percent of the people
alive today have
(b)never made a phone call, but
(c)thirty percent still have no
electricity connections
(d)to their homes.
(e)no error
Q28.
(a)Workers with less
(b)personal problems are
(c)likely to be
(d)more productive in their
work.
(e)no error.
Q29.
(a)Everyone who visits Singapore
(b)is impressed by its
cleanliness,
(c)which is mainly a result of
rigorous implementation
(d)of their strict laws.
(e)No error
Q30.
(a)The bridal dress was
(b)most unique: the prince
(c)designed it and his
(d)mother provided the lace
fabric.
(e)No error
Full Exam Paper of IBPS PO Pre 16 October 2016
with Answer Key DOWNLOAD HERE
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