SBI Clerk Prelims 2016 English Comprehension Quiz SBI Clerk Prelims 2016 English Comprehension Quiz
SBI Clerk Prelims 2016 English Comprehension Quiz Friends, In the upcoming SBI Clerk 2016 Prelims Exam, English Language has a weightage of 30 marks... SBI Clerk Prelims 2016 English Comprehension Quiz

SBI Clerk Prelims 2016 English Comprehension Quiz

Friends,

In the upcoming SBI Clerk 2016 Prelims Exam, English Language has a weightage of 30 marks from 30 questions. Out of these 30 questions, 5 to 10 questions will be based on Comprehension Passages. Thus we are providing a set of practice questions based on a sample passage.

 

 

Directions: Read the following passage carefully and answer the questions

 

Passage

A leading Indian industrialist in a recent article on ways to strengthen India’s economy has drawn attention to the problems of inflation and industrial sickness among other things. One of the main reasons for industrial sickness in our country has been the fact that business and industrial managers, have not been able to look beyond the immediate future. They have been too preoccupied with their attempts to report favourable results for the current year – higher profits and larger dividends to the shareholders. The planning horizon has hardly ever exceeded five years. Investments have been inadequate for new plants and towards diversification and expansion. Modernisation and asset creation has seriously lagged behind. In business, growth is needed for survival; one has to grow if one does not want to be wiped out. This is particularly true today with liberalization of imports and increasing competition. Moreover, growth and higher productivity create employment and higher employment creates larger markets both for industrial and consumer products. It was Henry Ford who brought home the need for the creation of a larger and a more stable middle class, that is, a larger number of people who can afford more and more of goods and services. Even after so many years of independence our industrialists have not been able to shed the petty shopkeeper’s mentality and our highly educated management has tagged along merrily and without concern.   

 

(Q.1) Which of the following shortcomings of Indian industrialists has been highlighted by the author?

  1. They invest unreasonable high amount on diversification and expansion
  2. They are more concerned for immediate net gains than for developmental activities
  3. They are reluctant to maintain the shopkeeper mentality
  4. They are less concerned for payments of dividends to shareholders
  5. None of the above

 

 

(Q.2) The leading industrialist attributes industrial sickness mainly to:

  1. lack of foresight among managers
  2. lacunae in five-year plans
  3. preoccupations of managers with matters unrelated to business
  4. higher profits and larger dividends to shareholders
  5. inflation and other economic problems

 

(Q.3) According to the passage, growth and increasing productivity leads to:

  1. imposition of restrictions on imports
  2. encouragement to export of excess consumer goods
  3. employment and thus provides outlet to industrial and consumer products
  4. disproportionate surplus of commodities
  5. None of the above

 

 

(Q.4) Why did Henry Ford stress for a more stable middle class?

  1. They are mostly service oriented
  2. They do not have shopkeeper mentality
  3. They are quite dynamic
  4. They can afford to buy more and more expensive goods
  5. None of the above

 

(Q.5) According to the passage, the net gains pursued by managers are at the cost of

  1. Diversification, modernization and asset creation
  2. Availability of markets for industrial and consumer products
  3. Liberalisation of imports and increasing competition
  4. Inflation and Industrial sickness
  5. Higher profits and larges dividends to shareholders

 

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All The Best

Team EntranceGeek