Directions for the following 4 (four) items:
Read the following passage and answer the items that follow. Your answers to these items should be based on the passage only.
Passage-1
Nothing can exist in a natural state which can be called good or bad by common assent, since every man who is in a natural state consulta only his own advantage, and determines what is good or bad according to his own fancy and insofar as he has regard for his own advantage alone, and holds himself responsible to no one save himself by any law; and therefore sin cannot be conceived in a natural state, but only in a civil state, which is decreed by common consent what is good or bad, and each one holds himself responsible to the state.
Which one of the following statements best reflects the central idea of the passage given above?
The conceptions of what is right or wrong exist due to the formation of a state.
Unless a ruling authority decides as to what is right or wrong, no man would be morally right
Man is inherently immoral and selfish in a natural state.
The idea of what is right or wrong in necessary for the survival of human species.
Passage-2
In the immediate future, we will see the increasing commoditization of many technologies artificial intelligence and robotics, 3D manufacturing, custom made biological and pharmaceutical products, lethal autonomous weapons and driverless cars. This will pose conundrums. The moral question of how a driverless car will decide between hitting a jaywalker and swerving and damaging the car has often been debated. The answer is both simple save the human life and complex. At which angle should the car swerve- just enough to save the jaywalker or more than enough? If the driverless car is in Dublin, who would take the decision ?The Irish Government, or the car's original code writer in California, or a software programmer in Hyderabad to whom maintenance is outsourced? If different national jurisdictions have different fine print on prioritizing a human life, how will it affect insurance and investment decisions, including transnational ones?
Which of the following statements best reflect the rational, plausible and practical implications that can be derived from the Passage given above ?
1. Too much globalization is not in the best interests of any country.
2. Modern technologies are increasingly blurring the economic borders.
3. Innovation and capital have impinged on the domain of the State.
4 Public policy of every country should focus on developing its own supply chains.
5 Geopolitics will have to reconcile to many ambiguities and uncertainties.
Select the correct answer using the code given below:
1, 4 and 5 only
1,2, 3 and 4 only
2, 3 and 5 only
1, 2, 3, 4 and 5
Passage-3
The resolution of bankruptcy cases of Indian banks under the Insolvency and Bankruptcy Code should help bring non-performing assets (NPA) situation under some control. Despite the slow pace of resolutions by the National Company Law Tribunal, the Code can be helpful in cleaning up bank books in future credit cycles. The recapitalization of public sector banks too can help increase the capital cushion of banks and induce them to lend more and boost economic activity. But bad debt resolution and recapitalization are only a part of the solution an they, by themselves, can do very little to rein in reckless lending that has pushed the Indian banking system to its current sorry state. Unless there are systemic reforms that address the problem of unsustainable lending, future credit cycles will continue to stress the banking system.
Which one of the following statements best reflects the most logical, rational and practical suggestion implied by the passage given above?
Lending by the banks should be closely monitored and regulated by the Central Government.
Interest rates should be kept low so as to induce banks to lend more, promote credit growth and thereby boost economic activity.
Merger of many banks into a few large banks alone in the long-term solution to make them viable and prevent their bad performance.
Indian banking system requires structural reforms as a long-term solution for bad loans problem.
Passage-4
In India, the objective of macroeconomic policy is to enhance the economic welfare of the people, and any one wing of such macro policy. monetary or fiscal, independently work without active support of another.
Which one of the following statements best reflects the corollary to the passage given above?
The central bank cannot work independently of the Government.
Government should regulate financial markets and institutions closely.
Market economy is not compatible with the socialist policies of the Government.
Financial sector reforms are required for enhancing the economic welfare of the people.
Consider the following Table:
Who is the fastest run scorer in the Test Match?
Consider two Statements and a Question:
Statement-1: The last day of the month is a Wednesday.
Statement-2: The third Saturday of the month was the seventeenth day.
Question: What day is the fourteenth of the given month?
Which one of the following is correct in respect of the Statements and the Question ?
Statement-1 alone is sufficient to answer the Question
Statement-2 alone is sufficient to answer the Question
Both Statement-1 and Statement-2 are required to answer the question.
Neither Statement-1 alone nor Statement-2 alone is sufficient to required to answer the question.
Consider two Statements and four Conclusions given below. You have to take the Statements to be true even if they seem to be at variance from the commonly known facts. Read all Conclusions and then decide which of Half of the villagers of a certain village have the given Conclusion(s) logically follows/follow from the Statements, disregarding the commonly known facts.
Statement-1: Some greens are blues.
Statement 2: Some blues are blacks.
Conclusion-1: Some greens are blacks.
Conclusion 2: No green is black.
Conclusion 3: All greens are blacks.
Conclusion-4: All blacks are greens.
Which one of the following is correct?
Conclusion-1 and Conclusion 2 only
Conclusion-2 and Conclusion-3 only
Conclusion-3 and Conclusion-4 only
Neither Conclusion 1 nor 2 nor 3 or 4