RC for SBI PO /Clerk 2018: 24 April

Directions (Q. 1-15) : Read the following passage carefully and answer the questions given below it. Certain words are given in bold in the pas­sage to help you locate them while answering some of the questions.

Swami Vivekanand had said, “So long as the millions live in hunger and ignorance, I hold everyone traitor, who, having been educated at their expense, pays not the least heed to them”.

This issue has become relevant in the light of the recent fall from grace of the American capitalist image. The Enron, World.com and Xerox expo­sures have revealed the ugly side of Western style capitalism under which, in the quest for short-term gains, , wrong doings are overlooked. As a re­sult people have lost trust in corpo­rate performance and those involved in it.

Further, many of those involved , in these scandals were highly educat­ed. In India too, we have had our share of such scams in the stock market and the actors involved in them were edu­cated men.

Earning of profits is, no doubt, the main aim of any business. But, if they are earned with principles they enrich people’s lives. As the Jagadguru Sankaracharya says, “All for each and each for all” should be the motto of enlightened men.

JRD Tata used to say “While profit motive, no doubt, provides the main spark for any economic activity any enterprise which is not motivated by consideration of urgent service to the community becomes obsolete soon and cannot fulfil its real role in modern society”, .

When we talk of investing in ed­ucation, a question arises as to what kind of education needs to be given to the youngsters. Our aim is to evolve not only an affluent society, but an egalitarian, just, humane and compas­sionate society. For that we need peo­ple who possess not only high skills but high values as well.

So the need of the hour is not only skill-based education but also val­ue-inspired and value-based education. We can find answer for the present sickness in contemporary civilization in the Indian philosophy.

1. According to the author, a true businessman should

        1)  earn profit regardless of any consideration

        2)  run business profitably and ethically

        3)  conduct business with princi­ples despite making losses

        4)  should have least concern for enrichment of people’s lives

        5)  None of these

2. The author has pointed out that the people involved in scandals and scams were

        1) Social Workers

        2) Political Leaders

        3) Educated people

        4) Corporate Governors

        5) None of these

3. The author has given the exam­ple of Enron, Xerox, etc to em­phasize the point that

        1) the western style of capitalism is advantageous

        2) overcoming short-term gains is not desirable

        3) we should build up trust in corporate performance

        4) we should get involved into long-term gains

        5) None of these

4. As per Swami Vivekanand, which of the following will be the most appropriate definition of “traitor”?

        1)  Educated people ignoring the starving and illiterate masses

        2)  Millions who live in hunger and ignorance

        3)  All those educated people who look after the masses

        4)  All social workers who are duty-bound

        5)  None of these

5. What are the ultimate expecta­tions from education to be impart­ed to the youngsters?

        (A)  To evolve an affluent society

        (B)  To make people inculcate high values

        (C)  To help the youth acquire higher skills

        1) (A) and (B) only

         2) (B) and (C) only

        3) (A) and (C) only

        4) All the three (A), (B) and (C)

        5) None of these

6. Which of the following can be the most appropriate title for the above passage?

        1) Capitalism of the Western countries

        2) Profit earning as a business motto

        3) Establishing communal har­mony

        4) Education for earning wealth

        5) Need for high skill and value oriented education

7. What, according to the author, is a way to improve the evils in the society?

        1) Teachings of Indian Philoso­phy

        2) High value-based and skill-based education

        3) Skill oriented training

        4) Contemporary education as in the western countries

        5) None of these

8. “All for each, each for all” means

        1)  All of us should be having busi­ness as motto

        2)  Each of us should be concerned for highest profit

        3)  All businessmen should run business for each of them

        4)  Everyone in the country should look for the benefits of all the others

        5)  None of these

9. Which of the following is the view of JRD Tata as described by the author?

        1)  Consideration of urgent ser­vice to community should be side-lined

        2)  The main purpose for any economic activity should be only profitability

        3)  Profit should be earned with due consideration to social service

        4)  Motivation to earn profit has become an outdated concept

        5)  None of these

Directions (Q. 10-12) : Choose the word which is MOST NEARLY THE SAME in meaning as the word printed in bold.

10. Quest

        1) search

        2) quality

        3) zeal

        4) enthusiasm

        5) find

11. Evolve

        1) involve

        2) develop

        3) generate

        4) envisage

        5) expect

12. Obsolete

        1) complete

        2) unreliable

        3) unimaginable

        4) outdated          

        5) useful

Directions (Q. 13-15) : Choose the word which is MOST OPPOSITE in meaning to the word printed in bold.

13. Affluent

        1) responsible

        2) inconsiderate  

        3) unrealistic

        4) idealistic

        5) deprived

14. Relevant

        1) relative

        2) irregular

        3) unrelated

        4) irrespective

        5) unimportant

15. Enlightened

        1) ignorant

        2) unimaginative

        3) impolite

        4) rustic

        5) malevolent

Answers:

1. 2
2. 3
3. 4
4. 1
5. 4
6. 5
7. 1
8. 4
9. 3
10. 1
11. 2
12. 4
13. 5
14. 3
15. 1