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Model Questions for UPSC PRE CSAT PAPER SET - 73

Passage: Instruction for question- read the following passage and answer the questions that follow. Your answers to the questions should be based on the passage only.

Reserve Bank of India deputy governor K.C. Chakrabarty maintained the while high interest rate was not solely responsible for the economic slowdown. High inflation was definitely one of the reasons for the sluggish growth, interacting with journalistic on the growth, inflation issues at an assoc ham event, Dr. Chakrabarty said, “ slowdown in the growth is for a variety of reasons what we are trying to say is the interest rate is not the only reason for the slowdown in growth. But inflation is definitely a reason for slowing down the growth”

Dr. chakrabarty also went on to admit that in a way, monetary policy was also responsible for the tepid growth in that it was unable to contain inflation .yes to the extent monetary policy is not responsible. We cannot say something wrong happening in the economy, we are not responsible, collectively we are all responsible. In his address at the event, exhorted banks to provide credit to the productive sectors of the economy and not shy away from given loans to them in view of their own rising NPAs (non performing assets).

Because of NPA fear banks need not stop lending but banks must improve their credit management capability for which there is enough scope when NPAs are high, your risk management system has to be improved. Dr. Chakrabarty said while pointing out that banks need to pay more attention to the credit need of agriculture and SMEs. Dwelling further on the NPA issue, Dr Chakrabarty sought to blame the corporate for most of the rising bad loans and for which the honest borrows have to pay more NPA is creation of the corporate sector, a major part of NPA. You borrow from banks. You don’t.’ pay them in time they because NPA in the books of the books, so why you are not able to pay back. Because your cost is more and income is less.

1. Which one of the following statements conveys the inference of the passage?

(a) High inflations is definitely one of the reasons for sluggish growth
(b) Monetary policy is also a reason for the tepid growth
(c) Corporates are mainly to blame for NPA issue
(d) Monetary policy is not effective enough to check inflation

2. Consider the following statements with reference to the passage.

1. Honest borrowers will have to pay less in the corporates were able to bring down the risk perception of the banks
2. There is a complete policy paralysis on growth of inflation issue for which collectively we are all responsible

Which of the statements above is/ are correct?

(a) Only1
(b) Only 2
(c) Both are correct
(d) Both incorrect

3. According to the passage, the economic growth can be effected by focusing on

(a) check on high interest rate
(b) effective monetary policy
(c) lowering of inflation rate
(d) improvement in risk management

4. According to the passage what could be the obstacles to the high economic growth?

1. The NPA fear of the Banks created by the corporate
2. High interest rates
3. High inflation
4. Ineffective monetary policy

Select the correct code give below

(a) Only 1 and 2
(b) 2, 3 and 4
(c) 1, 3 and 4
(d) All

5. According to the passage banks need to pay more attention on

(a) their credit management capability
(b) their credit appraisal system
(c) their risk management system
(d) credit needs of agriculture SMECs ( small and medium enterprises) and retail

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Passage: Instruction for question- read the followingpassage and answer the questions that follow. Your answers to the questions should be based on the passage only.

A calamity can strike any county, even one of the most developed ones. Its true that an advanced level of preparedness mitigates the consequences of the calamity .

But then you never know how deadly the calamity will be neither do use know why a particular place becomes the venue of disaster and it is no use questiong God’s way, as has long been established since the days of job. But these are things which man can be cautious against. For a number of tragedies are visited upon us for our doing. In our quest for development we forgot that things can go out of hand. In fact the powers of development blinds us to our limitations priding ourselves on vanquishing nature, we build casteless it is only the fury of nature that remains us from time to time that these are but castles of sand. Nuclear power is one such meme. No matter how much are we taught it as a peaceful means is repeatedly compress upon us that it had its genesis in bringing upon the world one of its Servest catastrophes the ghost of Hiroshima refuses to be burried and however Fukushima. If it can happen in developed county like Japan. One should think twice or thrice may be four times before embracing this technology. The safeguards are critical and should be developed. Before the project start in full swing. Whether it was three mile island , Chernobyl or Fukushima, there is a lot that developing countries need to learn before signing nuclear deal left right and centre.

Alternatively, it is not bad an idea to question what development means. Is it so complete thing as growth of per capita power consumption? Or is there another dimension that we fails to employ because of our tunnel vision. Its time we concentrated our energy on spiritual guest too. Its good to learn physic but here is nothing bad about learning metaphysics. 16.

6. Man should be cautious against

(a) the fury of nature
(b) any calamity
(c) his own deeds
(d) nuclear disaster

7. Why nuclear power considered a benign technology these days”

(a) because it does not pose any risk for man or nature
(b) because it may prove malignant in the event of an natural calamity
(c) because it is cheaper that any other form of power
(d) because it may cause or Hiroshima or a Fukushima in developing countries

8. It is good to learn physics but there is nothing bad about learning metaphysics” complies there

(a) Man should ponder on blind quest of development at the cost of nature
(b) Man should stop vanquishing nature
(c) Nature is superior to man
(d) Man is superior to nature

9. Developing in countries should think twice before signing nuclear deals as

1. It can cause Severest of catastrophes of the world
2. May bring the world on the bring of these world was
3. Three mile island Chernobyl or Fukushima were all man made and were not natures fury
4. It is not necessary for development

Select the correct answer form the following

Codes

(a) Only 1 and 3
(b) Only 1, 2, and 3
(c) Only 1, 3 and 4 (d) 1, 2, 3, 4

10. What key message does the passage delivers

(a) Even the most development countries of the worldcant contain a natural calamity
(b) Man should not play with nature in the blind race for development
(c) An advanced level of preparedness can only mitigate a calamity but can not stop it from occurring
(d) Man should learn to co-exist with nature.