Banking Exam PCI202535 Welcome to your Banking Exam PCI202535 Name Email DIRECTIONS (Qs. 1-5): Read the given information carefully and answer the following questions. The following bar graph shows the cost price (in Rs.) of four different products in 2018. Find the difference between sum of cost price of products P and Q together and that of R and S together? (a) Rs 20 (b) Rs 15 (c) Rs 10 (d) Rs 20 (e) Rs 25 None 2. Find the ratio of sum of cost price of P and S together to the cost price of P? (a) 56: 27 (b) 27: 56 (c) 29: 56 (d) 29: 27 (e) 56: 29 None 3. If the cost price of product Q is increased by 40% in 2019 with respect to that of in 2018 then find the increment in the cost price of Q? (a) Rs 90 (b) Rs 80 (c) Rs 60 (d) Rs 56 (e) Rs 50 None 4. Sum of cost price of products Q and S together is approximately what percent more than the cost price of product Q? (a) 96% (b) 135% (c) 125% (d) 90% (e) 80% None 5. Average of the cost price of products Q and R is how much more or less than the average of the cost price of products P and S? (a) Rs 20 (b) Rs 10.5 (c) Rs 15 (d) Rs 13 (e) Rs 12.5 None DIRECTIONS (Qs. 1-5): Given bar graph shows the data of two types of college buses A and B for three colleges x, y and z. Study the chart carefully and answer the following questions. What is the average number of A type buses from college y and college z together? (a) 40 (b) 45 (c) 50 (d) 42 (e) 38 None 2. A type buses from college x are how much more than that of A type buses from college y ? (a) 55 5/19% (b) 25% (c) 5 5/9% (d) 45 5/6% (e) 33 1/3% None 3. What is the average number of all the buses from college y? (a) 43 (b) 39 (c) 31 (d) 54 (e) 59 None 4. What is the difference of average number of all buses from college x and average number of all buses from college z? (a) 16 (b) 4 (c) 8 (d) 24 (e) 12 None 5. Which college has maximum number of buses ? (a) college y (b) college z (c) college x & college z (d) college x and y (e) college x None Direction (1-5): Study the following information carefully and answer the questions given below: Seven persons are buying different things. Only one person buy thing between C and A. B is buying thing immediately before C. Two persons buy things between C and D. C buy things after D. E buys thing immediately before D. More than three persons buy things between E and F. Only three persons buy things between D and G. Year: 1. How many persons buy things between A and F? (a) One (b) Two (c) Three (d) Four (e)More than four None 2 . Who among the following buy thing immediately after F? Seven persons are buying different things. Only one person buy thing between C and A. B is buying thing immediately before C. Two persons buy things between C and D. C buy things after D. E buys thing immediately before D. More than three persons buy things between E and F. Only three persons buy things between D and G. Year: SBI Clerk Pre-2019 (a)D (b)B (c)G (d)A (e)No one None 3. Who among the following buy thing immediately before G? Seven persons are buying different things. Only one person buy thing between C and A. B is buying thing immediately before C. Two persons buy things between C and D. C buy things after D. E buys thing immediately before D. More than three persons buy things between E and F. Only three persons buy things between D and G. Year: SBI Clerk Pre-2019 (a)D (b)B (c)C (d)A (e)No one None 4 . How many person buy things before A? Seven persons are buying different things. Only one person buy thing between C and A. B is buying thing immediately before C. Two persons buy things between C and D. C buy things after D. E buys thing immediately before D. More than three persons buy things between E and F. Only three persons buy things between D and G. Year: SBI Clerk Pre-2019 (a) One (b) Two (c) Three (d) Four (e)More than four None 5. As many as persons are buying things before D as after___? Seven persons are buying different things. Only one person buy thing between C and A. B is buying thing immediately before C. Two persons buy things between C and D. C buy things after D. E buys thing immediately before D. More than three persons buy things between E and F. Only three persons buy things between D and G. Year: SBI Clerk Pre-2019 (a)E (b)B (c)F (d)A (e)G None Directions (1-5): Study the following information and answer the questions given below: There are eleven boxes placed one above the other. Five boxes are placed between F and T. Not more than five boxes are kept above T. Two boxes are kept between T and M. Three boxes are kept between M and S and M is kept at one of the positions above S. There are only three boxes kept above the box J. One box is kept between R and S. Two boxes are kept between R and H. Box D is kept at one of the positions below box K and at one of the positions above box C which is not above R. Box E is kept immediately above K. 1. How many boxes are placed between J and R? (a) 5 (b) 6 (c) 3 (d) 4 (e) None of these None 2. Which of the following statement is true regarding C? There are eleven boxes placed one above the other. Five boxes are placed between F and T. Not more than five boxes are kept above T. Two boxes are kept between T and M. Three boxes are kept between M and S and M is kept at one of the positions above S. There are only three boxes kept above the box J. One box is kept between R and S. Two boxes are kept between R and H. Box D is kept at one of the positions below box K and at one of the positions above box C which is not above R. Box E is kept immediately above K. (a) C is placed at one of the positions above D (b) C is placed immediately below F. (c) R is placed just above C (d) C is placed at the bottom most position (e) None of these None 3. Which of the following is not true regarding J? There are eleven boxes placed one above the other. Five boxes are placed between F and T. Not more than five boxes are kept above T. Two boxes are kept between T and M. Three boxes are kept between M and S and M is kept at one of the positions above S. There are only three boxes kept above the box J. One box is kept between R and S. Two boxes are kept between R and H. Box D is kept at one of the positions below box K and at one of the positions above box C which is not above R. Box E is kept immediately above K. (a) J is immediately below box T (b) One of the boxes below J is D (c) Number of boxes between J and S is four (d) One of the boxes above J is K (e) One box is kept between J and M None 4. Number of boxes above K is one less than the number of boxes below ________? There are eleven boxes placed one above the other. Five boxes are placed between F and T. Not more than five boxes are kept above T. Two boxes are kept between T and M. Three boxes are kept between M and S and M is kept at one of the positions above S. There are only three boxes kept above the box J. One box is kept between R and S. Two boxes are kept between R and H. Box D is kept at one of the positions below box K and at one of the positions above box C which is not above R. Box E is kept immediately above K. (a) S (b) R (c) F (d) D (e) None of these None 5. How many boxes are there between M and H? There are eleven boxes placed one above the other. Five boxes are placed between F and T. Not more than five boxes are kept above T. Two boxes are kept between T and M. Three boxes are kept between M and S and M is kept at one of the positions above S. There are only three boxes kept above the box J. One box is kept between R and S. Two boxes are kept between R and H. Box D is kept at one of the positions below box K and at one of the positions above box C which is not above R. Box E is kept immediately above K. (a) One (b) Two (c) Three (d) None (e) More than three None DIRECTIONS (Qs. 1–8): Read the following passage carefully and answer the questions given below it. Certain words/ phrases have been printed in bold to help you locate them while answering some of the questions. few weeks ago, a newspaper article quoted a well-known scientist saying, “IT has destroyed Indian science”. One call speculate about the various ways in which the growth of the IT sector and other similar knowledge industries such as biotechnology has led to a decline in basic scientific research in India.The most obvious reason is money; pay scales in IT and BT are much higher than one can aspire to in academia. The argument goes: why should a bright B. Tech or M.Sc. Student enrol in a Ph.D. program when she can make a lot more money writing code? Not only does a fresh IT employee make a lot more than a fresh M. Tech. Student, his/her pay will rise much faster in IT than in academia. A professor’s pay at a government-run university, even after the Sixth Pay Commission, tops out at far less than a senior executive’s salary in a major industry.Second, the social Status of IT and BT Jobs equal or even exceed the social status of corresponding academic positions, since they are seen as knowledge industries, which play to the best and worst instincts of the societal Order. As quintessential white collar professions, neither do they compel a successful entrepreneur to resort to violence and corruption, nor do they demand any physical labor. Unlike real estate or road construction, it is felt that IT workers can become rich while staying honest and sweat-free.Assuming that the labor pool for academia and IT is roughly the same, the difference in our collective preferences biases the labor market towards IT and away from academia. Further, when the imbalance between IT and academia continues for years and even decades, a destructive loop, from academia’s point of view, is created. When our best and brightest take IT jobs over academic ones for a decade or more, faculty positions in our universities and research centres are no longer filled by the best candidates.As faculty quality goes down, so does the capacity to train top class graduate students who, after all, are teachers in training. In response to decreasing faculty quality, even those students who otherwise choose an academic profession, decide to join industry or go abroad for their studies. These foreign trained graduates prefer to come back to corporate India if at all they do come back and the downward cycle replicates itself in each generation. In other words, academia is trapped within a perfect Storm created by a combination of social and economic factors.In this socio-economic calculus, the members of our societal classes should prefer an IT job to an academic one. Or, to put it another way, the knowledge economy, i.e., the creation of knowledge for profit, trumps the knowledge society, i.e., the creation of knowledge for its own sake or the sake of the greater good. As is said, “knowledge is power, but money is even more power. Perhaps the scientist was alluding to this victory of capitalism over the pursuit of pure knowledge when he accused IT of having a negative influence on Indian science.Surely, knowledge has become a commodity like any other and as a result, knowledge workers are like any other labourers, who will sell their wares to the highest bidder. One Solution is to accept and even encourage the commoditization of knowledge; if so, Indian universities and research centres should copy their western counterparts by becoming more and more like corporations. These centres of learning should convert themselves into engines of growth. In this logic, if we increase academic salaries and research grants to match IT pay cheques we will attract good people into academia, where, in any case, it is rumoured that a certain elusive feeling called ‘the quality of life’ is better.1. According to the passage what did the scientist actually mean when he said, “IT has destroyed Indian Science?” (a) The centres meant for scientific research are being utilized by IT industries (b) The IT industry does not employ people pursuing higher studies (c) As information is readily available on the internet because of IT, there is no need to seek further information (d) IT has distorted the truth as stated by Indian science (e) The desire for money has overshadowed the search for knowledge None 2. Which of the following is possibly the most appropriate title for the passage? few weeks ago, a newspaper article quoted a well-known scientist saying, “IT has destroyed Indian science”. One call speculate about the various ways in which the growth of the IT sector and other similar knowledge industries such as biotechnology has led to a decline in basic scientific research in India.The most obvious reason is money; pay scales in IT and BT are much higher than one can aspire to in academia. The argument goes: why should a bright B. Tech or M.Sc. Student enrol in a Ph.D. program when she can make a lot more money writing code? Not only does a fresh IT employee make a lot more than a fresh M. Tech. Student, his/her pay will rise much faster in IT than in academia. A professor’s pay at a government-run university, even after the Sixth Pay Commission, tops out at far less than a senior executive’s salary in a major industry.Second, the social Status of IT and BT Jobs equal or even exceed the social status of corresponding academic positions, since they are seen as knowledge industries, which play to the best and worst instincts of the societal Order. As quintessential white collar professions, neither do they compel a successful entrepreneur to resort to violence and corruption, nor do they demand any physical labor. Unlike real estate or road construction, it is felt that IT workers can become rich while staying honest and sweat-free.Assuming that the labor pool for academia and IT is roughly the same, the difference in our collective preferences biases the labor market towards IT and away from academia. Further, when the imbalance between IT and academia continues for years and even decades, a destructive loop, from academia’s point of view, is created. When our best and brightest take IT jobs over academic ones for a decade or more, faculty positions in our universities and research centres are no longer filled by the best candidates.As faculty quality goes down, so does the capacity to train top class graduate students who, after all, are teachers in training. In response to decreasing faculty quality, even those students who otherwise choose an academic profession, decide to join industry or go abroad for their studies. These foreign trained graduates prefer to come back to corporate India if at all they do come back and the downward cycle replicates itself in each generation. In other words, academia is trapped within a perfect Storm created by a combination of social and economic factors.In this socio-economic calculus, the members of our societal classes should prefer an IT job to an academic one. Or, to put it another way, the knowledge economy, i.e., the creation of knowledge for profit, trumps the knowledge society, i.e., the creation of knowledge for its own sake or the sake of the greater good. As is said, “knowledge is power, but money is even more power. Perhaps the scientist was alluding to this victory of capitalism over the pursuit of pure knowledge when he accused IT of having a negative influence on Indian science.Surely, knowledge has become a commodity like any other and as a result, knowledge workers are like any other labourers, who will sell their wares to the highest bidder. One Solution is to accept and even encourage the commoditization of knowledge; if so, Indian universities and research centres should copy their western counterparts by becoming more and more like corporations. These centres of learning should convert themselves into engines of growth. In this logic, if we increase academic salaries and research grants to match IT pay cheques we will attract good people into academia, where, in any case, it is rumoured that a certain elusive feeling called ‘the quality of life’ is better. (a) Is the Future of IT Bright? (b) The IT Industry and the World Economy (c) Research and Academics — Losing the Battle against IT (d) Scientific Research and the Need for Well — Trained Faculty (e) Information Technology and its Advantages None 3. Why does the author say that knowledge has become a commodity? few weeks ago, a newspaper article quoted a well-known scientist saying, “IT has destroyed Indian science”. One call speculate about the various ways in which the growth of the IT sector and other similar knowledge industries such as biotechnology has led to a decline in basic scientific research in India.The most obvious reason is money; pay scales in IT and BT are much higher than one can aspire to in academia. The argument goes: why should a bright B. Tech or M.Sc. Student enrol in a Ph.D. program when she can make a lot more money writing code? Not only does a fresh IT employee make a lot more than a fresh M. Tech. Student, his/her pay will rise much faster in IT than in academia. A professor’s pay at a government-run university, even after the Sixth Pay Commission, tops out at far less than a senior executive’s salary in a major industry.Second, the social Status of IT and BT Jobs equal or even exceed the social status of corresponding academic positions, since they are seen as knowledge industries, which play to the best and worst instincts of the societal Order. As quintessential white collar professions, neither do they compel a successful entrepreneur to resort to violence and corruption, nor do they demand any physical labor. Unlike real estate or road construction, it is felt that IT workers can become rich while staying honest and sweat-free.Assuming that the labor pool for academia and IT is roughly the same, the difference in our collective preferences biases the labor market towards IT and away from academia. Further, when the imbalance between IT and academia continues for years and even decades, a destructive loop, from academia’s point of view, is created. When our best and brightest take IT jobs over academic ones for a decade or more, faculty positions in our universities and research centres are no longer filled by the best candidates.As faculty quality goes down, so does the capacity to train top class graduate students who, after all, are teachers in training. In response to decreasing faculty quality, even those students who otherwise choose an academic profession, decide to join industry or go abroad for their studies. These foreign trained graduates prefer to come back to corporate India if at all they do come back and the downward cycle replicates itself in each generation. In other words, academia is trapped within a perfect Storm created by a combination of social and economic factors.In this socio-economic calculus, the members of our societal classes should prefer an IT job to an academic one. Or, to put it another way, the knowledge economy, i.e., the creation of knowledge for profit, trumps the knowledge society, i.e., the creation of knowledge for its own sake or the sake of the greater good. As is said, “knowledge is power, but money is even more power. Perhaps the scientist was alluding to this victory of capitalism over the pursuit of pure knowledge when he accused IT of having a negative influence on Indian science.Surely, knowledge has become a commodity like any other and as a result, knowledge workers are like any other labourers, who will sell their wares to the highest bidder. One Solution is to accept and even encourage the commoditization of knowledge; if so, Indian universities and research centres should copy their western counterparts by becoming more and more like corporations. These centres of learning should convert themselves into engines of growth. In this logic, if we increase academic salaries and research grants to match IT pay cheques we will attract good people into academia, where, in any case, it is rumoured that a certain elusive feeling called ‘the quality of life’ is better. (a) As it is no longer desirable in any professional field (b) As there are too many educational Institutes in the country which do not provide quality education (c) As knowledge is now available easily as compared to the past (d) As knowledgeable people sell their Services for the highest price possible (e) Like commodities knowledge too becomes stale after a certain period None 4. What, according to the author, is a destructive loop? few weeks ago, a newspaper article quoted a well-known scientist saying, “IT has destroyed Indian science”. One call speculate about the various ways in which the growth of the IT sector and other similar knowledge industries such as biotechnology has led to a decline in basic scientific research in India.The most obvious reason is money; pay scales in IT and BT are much higher than one can aspire to in academia. The argument goes: why should a bright B. Tech or M.Sc. Student enrol in a Ph.D. program when she can make a lot more money writing code? Not only does a fresh IT employee make a lot more than a fresh M. Tech. Student, his/her pay will rise much faster in IT than in academia. A professor’s pay at a government-run university, even after the Sixth Pay Commission, tops out at far less than a senior executive’s salary in a major industry.Second, the social Status of IT and BT Jobs equal or even exceed the social status of corresponding academic positions, since they are seen as knowledge industries, which play to the best and worst instincts of the societal Order. As quintessential white collar professions, neither do they compel a successful entrepreneur to resort to violence and corruption, nor do they demand any physical labor. Unlike real estate or road construction, it is felt that IT workers can become rich while staying honest and sweat-free.Assuming that the labor pool for academia and IT is roughly the same, the difference in our collective preferences biases the labor market towards IT and away from academia. Further, when the imbalance between IT and academia continues for years and even decades, a destructive loop, from academia’s point of view, is created. When our best and brightest take IT jobs over academic ones for a decade or more, faculty positions in our universities and research centres are no longer filled by the best candidates.As faculty quality goes down, so does the capacity to train top class graduate students who, after all, are teachers in training. In response to decreasing faculty quality, even those students who otherwise choose an academic profession, decide to join industry or go abroad for their studies. These foreign trained graduates prefer to come back to corporate India if at all they do come back and the downward cycle replicates itself in each generation. In other words, academia is trapped within a perfect Storm created by a combination of social and economic factors.In this socio-economic calculus, the members of our societal classes should prefer an IT job to an academic one. Or, to put it another way, the knowledge economy, i.e., the creation of knowledge for profit, trumps the knowledge society, i.e., the creation of knowledge for its own sake or the sake of the greater good. As is said, “knowledge is power, but money is even more power. Perhaps the scientist was alluding to this victory of capitalism over the pursuit of pure knowledge when he accused IT of having a negative influence on Indian science.Surely, knowledge has become a commodity like any other and as a result, knowledge workers are like any other labourers, who will sell their wares to the highest bidder. One Solution is to accept and even encourage the commoditization of knowledge; if so, Indian universities and research centres should copy their western counterparts by becoming more and more like corporations. These centres of learning should convert themselves into engines of growth. In this logic, if we increase academic salaries and research grants to match IT pay cheques we will attract good people into academia, where, in any case, it is rumoured that a certain elusive feeling called ‘the quality of life’ is better. (a) Many people quit their existing jobs to work in the IT industry which in turn leads to the downfall of the other industries. (b) The fact that the best minds do not want to become teachers and this in turn leads to good students seeking knowledge elsewhere (c) The fact that people working in the IT industry do not pursue higher studies which in turn leads to the deterioration in quality of employees (d) The unending use of resources by the IT industry leading to a dearth of resources in the country (e) Less grants are being provided by the Government to academic institutes which in turn leads to poor quality students joining the same None 5. Which of the following mentioned below is/are the author’s suggestions to promote interest in Indian academia? few weeks ago, a newspaper article quoted a well-known scientist saying, “IT has destroyed Indian science”. One call speculate about the various ways in which the growth of the IT sector and other similar knowledge industries such as biotechnology has led to a decline in basic scientific research in India.The most obvious reason is money; pay scales in IT and BT are much higher than one can aspire to in academia. The argument goes: why should a bright B. Tech or M.Sc. Student enrol in a Ph.D. program when she can make a lot more money writing code? Not only does a fresh IT employee make a lot more than a fresh M. Tech. Student, his/her pay will rise much faster in IT than in academia. A professor’s pay at a government-run university, even after the Sixth Pay Commission, tops out at far less than a senior executive’s salary in a major industry.Second, the social Status of IT and BT Jobs equal or even exceed the social status of corresponding academic positions, since they are seen as knowledge industries, which play to the best and worst instincts of the societal Order. As quintessential white collar professions, neither do they compel a successful entrepreneur to resort to violence and corruption, nor do they demand any physical labor. Unlike real estate or road construction, it is felt that IT workers can become rich while staying honest and sweat-free.Assuming that the labor pool for academia and IT is roughly the same, the difference in our collective preferences biases the labor market towards IT and away from academia. Further, when the imbalance between IT and academia continues for years and even decades, a destructive loop, from academia’s point of view, is created. When our best and brightest take IT jobs over academic ones for a decade or more, faculty positions in our universities and research centres are no longer filled by the best candidates.As faculty quality goes down, so does the capacity to train top class graduate students who, after all, are teachers in training. In response to decreasing faculty quality, even those students who otherwise choose an academic profession, decide to join industry or go abroad for their studies. These foreign trained graduates prefer to come back to corporate India if at all they do come back and the downward cycle replicates itself in each generation. In other words, academia is trapped within a perfect Storm created by a combination of social and economic factors.In this socio-economic calculus, the members of our societal classes should prefer an IT job to an academic one. Or, to put it another way, the knowledge economy, i.e., the creation of knowledge for profit, trumps the knowledge society, i.e., the creation of knowledge for its own sake or the sake of the greater good. As is said, “knowledge is power, but money is even more power. Perhaps the scientist was alluding to this victory of capitalism over the pursuit of pure knowledge when he accused IT of having a negative influence on Indian science.Surely, knowledge has become a commodity like any other and as a result, knowledge workers are like any other labourers, who will sell their wares to the highest bidder. One Solution is to accept and even encourage the commoditization of knowledge; if so, Indian universities and research centres should copy their western counterparts by becoming more and more like corporations. These centres of learning should convert themselves into engines of growth. In this logic, if we increase academic salaries and research grants to match IT pay cheques we will attract good people into academia, where, in any case, it is rumoured that a certain elusive feeling called ‘the quality of life’ is better.(A) Research centres should adopt the corporate culture as is done in the West.(B) Lessening the number of research grants given.(C) Making academic salaries equivalent to those paid in IT Industries. (a) Only (C) (b) Only (A) (c) Only (B) and (C) (d) Only (A) and (C) (e) None of these None 6. Which of the following is NOT TRUE in the context of the passage? few weeks ago, a newspaper article quoted a well-known scientist saying, “IT has destroyed Indian science”. One call speculate about the various ways in which the growth of the IT sector and other similar knowledge industries such as biotechnology has led to a decline in basic scientific research in India.The most obvious reason is money; pay scales in IT and BT are much higher than one can aspire to in academia. The argument goes: why should a bright B. Tech or M.Sc. Student enrol in a Ph.D. program when she can make a lot more money writing code? Not only does a fresh IT employee make a lot more than a fresh M. Tech. Student, his/her pay will rise much faster in IT than in academia. A professor’s pay at a government-run university, even after the Sixth Pay Commission, tops out at far less than a senior executive’s salary in a major industry.Second, the social Status of IT and BT Jobs equal or even exceed the social status of corresponding academic positions, since they are seen as knowledge industries, which play to the best and worst instincts of the societal Order. As quintessential white collar professions, neither do they compel a successful entrepreneur to resort to violence and corruption, nor do they demand any physical labor. Unlike real estate or road construction, it is felt that IT workers can become rich while staying honest and sweat-free.Assuming that the labor pool for academia and IT is roughly the same, the difference in our collective preferences biases the labor market towards IT and away from academia. Further, when the imbalance between IT and academia continues for years and even decades, a destructive loop, from academia’s point of view, is created. When our best and brightest take IT jobs over academic ones for a decade or more, faculty positions in our universities and research centres are no longer filled by the best candidates.As faculty quality goes down, so does the capacity to train top class graduate students who, after all, are teachers in training. In response to decreasing faculty quality, even those students who otherwise choose an academic profession, decide to join industry or go abroad for their studies. These foreign trained graduates prefer to come back to corporate India if at all they do come back and the downward cycle replicates itself in each generation. In other words, academia is trapped within a perfect Storm created by a combination of social and economic factors.In this socio-economic calculus, the members of our societal classes should prefer an IT job to an academic one. Or, to put it another way, the knowledge economy, i.e., the creation of knowledge for profit, trumps the knowledge society, i.e., the creation of knowledge for its own sake or the sake of the greater good. As is said, “knowledge is power, but money is even more power. Perhaps the scientist was alluding to this victory of capitalism over the pursuit of pure knowledge when he accused IT of having a negative influence on Indian science.Surely, knowledge has become a commodity like any other and as a result, knowledge workers are like any other labourers, who will sell their wares to the highest bidder. One Solution is to accept and even encourage the commoditization of knowledge; if so, Indian universities and research centres should copy their western counterparts by becoming more and more like corporations. These centres of learning should convert themselves into engines of growth. In this logic, if we increase academic salaries and research grants to match IT pay cheques we will attract good people into academia, where, in any case, it is rumoured that a certain elusive feeling called ‘the quality of life’ is better.(A) It is believed that the quality of life is better when pursuing scientific research.(B) People currently seek knowledge only for the greater good of the society(C) Money is not perceived to be as powerful as knowledge. (a) Only (A) and (C) (b) Only (B) (c) Only (A) and (B) (d) Only (B) and (C) (e) All (A) (B) and (C) None 7. Which of the following according to the author are factors responsible for the declining interest in scientific research? few weeks ago, a newspaper article quoted a well-known scientist saying, “IT has destroyed Indian science”. One call speculate about the various ways in which the growth of the IT sector and other similar knowledge industries such as biotechnology has led to a decline in basic scientific research in India.The most obvious reason is money; pay scales in IT and BT are much higher than one can aspire to in academia. The argument goes: why should a bright B. Tech or M.Sc. Student enrol in a Ph.D. program when she can make a lot more money writing code? Not only does a fresh IT employee make a lot more than a fresh M. Tech. Student, his/her pay will rise much faster in IT than in academia. A professor’s pay at a government-run university, even after the Sixth Pay Commission, tops out at far less than a senior executive’s salary in a major industry.Second, the social Status of IT and BT Jobs equal or even exceed the social status of corresponding academic positions, since they are seen as knowledge industries, which play to the best and worst instincts of the societal Order. As quintessential white collar professions, neither do they compel a successful entrepreneur to resort to violence and corruption, nor do they demand any physical labor. Unlike real estate or road construction, it is felt that IT workers can become rich while staying honest and sweat-free.Assuming that the labor pool for academia and IT is roughly the same, the difference in our collective preferences biases the labor market towards IT and away from academia. Further, when the imbalance between IT and academia continues for years and even decades, a destructive loop, from academia’s point of view, is created. When our best and brightest take IT jobs over academic ones for a decade or more, faculty positions in our universities and research centres are no longer filled by the best candidates.As faculty quality goes down, so does the capacity to train top class graduate students who, after all, are teachers in training. In response to decreasing faculty quality, even those students who otherwise choose an academic profession, decide to join industry or go abroad for their studies. These foreign trained graduates prefer to come back to corporate India if at all they do come back and the downward cycle replicates itself in each generation. In other words, academia is trapped within a perfect Storm created by a combination of social and economic factors.In this socio-economic calculus, the members of our societal classes should prefer an IT job to an academic one. Or, to put it another way, the knowledge economy, i.e., the creation of knowledge for profit, trumps the knowledge society, i.e., the creation of knowledge for its own sake or the sake of the greater good. As is said, “knowledge is power, but money is even more power. Perhaps the scientist was alluding to this victory of capitalism over the pursuit of pure knowledge when he accused IT of having a negative influence on Indian science.Surely, knowledge has become a commodity like any other and as a result, knowledge workers are like any other labourers, who will sell their wares to the highest bidder. One Solution is to accept and even encourage the commoditization of knowledge; if so, Indian universities and research centres should copy their western counterparts by becoming more and more like corporations. These centres of learning should convert themselves into engines of growth. In this logic, if we increase academic salaries and research grants to match IT pay cheques we will attract good people into academia, where, in any case, it is rumoured that a certain elusive feeling called ‘the quality of life’ is better.(A) Slower progress of work in research(B) Lesser monetary compensation in research related activities(C) Societal perception towards research (a) Only (A) (b) Only (C) (c) Only (B) and (C) (d) Only (A) and (B) (e) All (A) (B) and (C) None 8. Which of the following is true about the perception towards IT jobs as given in the passage? few weeks ago, a newspaper article quoted a well-known scientist saying, “IT has destroyed Indian science”. One call speculate about the various ways in which the growth of the IT sector and other similar knowledge industries such as biotechnology has led to a decline in basic scientific research in India.The most obvious reason is money; pay scales in IT and BT are much higher than one can aspire to in academia. The argument goes: why should a bright B. Tech or M.Sc. Student enrol in a Ph.D. program when she can make a lot more money writing code? Not only does a fresh IT employee make a lot more than a fresh M. Tech. Student, his/her pay will rise much faster in IT than in academia. A professor’s pay at a government-run university, even after the Sixth Pay Commission, tops out at far less than a senior executive’s salary in a major industry.Second, the social Status of IT and BT Jobs equal or even exceed the social status of corresponding academic positions, since they are seen as knowledge industries, which play to the best and worst instincts of the societal Order. As quintessential white collar professions, neither do they compel a successful entrepreneur to resort to violence and corruption, nor do they demand any physical labor. Unlike real estate or road construction, it is felt that IT workers can become rich while staying honest and sweat-free.Assuming that the labor pool for academia and IT is roughly the same, the difference in our collective preferences biases the labor market towards IT and away from academia. Further, when the imbalance between IT and academia continues for years and even decades, a destructive loop, from academia’s point of view, is created. When our best and brightest take IT jobs over academic ones for a decade or more, faculty positions in our universities and research centres are no longer filled by the best candidates.As faculty quality goes down, so does the capacity to train top class graduate students who, after all, are teachers in training. In response to decreasing faculty quality, even those students who otherwise choose an academic profession, decide to join industry or go abroad for their studies. These foreign trained graduates prefer to come back to corporate India if at all they do come back and the downward cycle replicates itself in each generation. In other words, academia is trapped within a perfect Storm created by a combination of social and economic factors.In this socio-economic calculus, the members of our societal classes should prefer an IT job to an academic one. Or, to put it another way, the knowledge economy, i.e., the creation of knowledge for profit, trumps the knowledge society, i.e., the creation of knowledge for its own sake or the sake of the greater good. As is said, “knowledge is power, but money is even more power. Perhaps the scientist was alluding to this victory of capitalism over the pursuit of pure knowledge when he accused IT of having a negative influence on Indian science.Surely, knowledge has become a commodity like any other and as a result, knowledge workers are like any other labourers, who will sell their wares to the highest bidder. One Solution is to accept and even encourage the commoditization of knowledge; if so, Indian universities and research centres should copy their western counterparts by becoming more and more like corporations. These centres of learning should convert themselves into engines of growth. In this logic, if we increase academic salaries and research grants to match IT pay cheques we will attract good people into academia, where, in any case, it is rumoured that a certain elusive feeling called ‘the quality of life’ is better.(A) They are physically tiring.(B) They are considered to be managerial level jobs.(C) They require usage of dishonest means. (a) Only (B) (b) Only (A) and (B) (c) Only(C) (d) Only (B) and (C) (e) All (A) (B) and (C) are true None DIRECTIONS (Qs. 1 -6): In the passage given below there are blanks which are to be filled with the options given below. Find out the appropriate word in each case which can most suitably complete the sentence without altering the meaning of the statement. Amid a spate of lynching purportedly (A)………… by messages on its platform, WhatsApp on Wednesday said it is “horrified” by the ”(B)……………………..acts of violence”, and (C)………………… steps being taken by the company to (D)……………………. abuse of the messaging platform. The government had, on Tuesday, issued a (E)………………… warning to the social media platform asking it to take immediate measures to prevent the spread of “irresponsible and explosive messages.” It has categorically told the popular messaging platform that it cannot (F)………………… its accountability on the issue. 1. Which of the following words should fill in the blank (A) to make a contextually correct and meaningful sentence? (a) Halted (b) stopped (c) deterred (d) triggered (e) pacing up None 2. Amid a spate of lynching purportedly (A)………… by messages on its platform, WhatsApp on Wednesday said it is “horrified” by the ”(B)……………………..acts of violence”, and (C)………………… steps being taken by the company to (D)……………………. abuse of the messaging platform. The government had, on Tuesday, issued a (E)………………… warning to the social media platform asking it to take immediate measures to prevent the spread of “irresponsible and explosive messages.” It has categorically told the popular messaging platform that it cannot (F)………………… its accountability on the issue. Which of the following words should fill in the blank (B) to make a contextually correct and meaningful sentence? (a) Ultimate (b) unbelievable (c) incredible (d) credulous (e) terrible None 3. Amid a spate of lynching purportedly (A)………… by messages on its platform, WhatsApp on Wednesday said it is “horrified” by the ”(B)……………………..acts of violence”, and (C)………………… steps being taken by the company to (D)……………………. abuse of the messaging platform. The government had, on Tuesday, issued a (E)………………… warning to the social media platform asking it to take immediate measures to prevent the spread of “irresponsible and explosive messages.” It has categorically told the popular messaging platform that it cannot (F)………………… its accountability on the issue. Which of the following words should fill in the blank (C) to make a contextually correct and meaningful sentence? (a) Underlined (b) outlined (c) created (d) signified (e) enlightened None 4. Amid a spate of lynching purportedly (A)………… by messages on its platform, WhatsApp on Wednesday said it is “horrified” by the ”(B)……………………..acts of violence”, and (C)………………… steps being taken by the company to (D)……………………. abuse of the messaging platform. The government had, on Tuesday, issued a (E)………………… warning to the social media platform asking it to take immediate measures to prevent the spread of “irresponsible and explosive messages.” It has categorically told the popular messaging platform that it cannot (F)………………… its accountability on the issue. Which of the following words should fill in the blank (D) to make a contextually correct and meaningful sentence? (a) press (b) downed (c) curb (d) reflect (e) release None 5. Amid a spate of lynching purportedly (A)………… by messages on its platform, WhatsApp on Wednesday said it is “horrified” by the ”(B)……………………..acts of violence”, and (C)………………… steps being taken by the company to (D)……………………. abuse of the messaging platform. The government had, on Tuesday, issued a (E)………………… warning to the social media platform asking it to take immediate measures to prevent the spread of “irresponsible and explosive messages.” It has categorically told the popular messaging platform that it cannot (F)………………… its accountability on the issue. Which of the following words should fill in the blank (E) to make a contextually correct and meaningful sentence? (a) Lenient (b) static (c) meek (d) stern (e) docile None 6. Amid a spate of lynching purportedly (A)………… by messages on its platform, WhatsApp on Wednesday said it is “horrified” by the ”(B)……………………..acts of violence”, and (C)………………… steps being taken by the company to (D)……………………. abuse of the messaging platform. The government had, on Tuesday, issued a (E)………………… warning to the social media platform asking it to take immediate measures to prevent the spread of “irresponsible and explosive messages.” It has categorically told the popular messaging platform that it cannot (F)………………… its accountability on the issue. Which of the following words should fill in the blank (F) to make a contextually correct and meaningful sentence? (a) Evade (b) eluding (c) avoided (d) dodged (e) fencing None Arrange the following sentences to make a meaningful and coherent paragraph If sentence (C) “Kolkata-based Bandhan Bank has filed apers with the SEBI for an initial public offering that is estimated to raise at least Rs. 2500 crore.” is the first sentence, what is the order of other sentences after rearrangement? (A) The microlender, which was one of the entities to receive a banking licence from RBI in 2015, on Monday said it has filed a draft red herring prospectus with the market regulator. (B) It consists of a fresh issue of up to 9.76 crore shares and an offer for sale of up to 1.40 crore shares by the IFC and 75.65 lakh shares by IFC FIG investment company. (C) Kolkata-based Bandhan Bank has filed papers with the SEBI for an initial public offering that is estimated to raise at least Rs. 2500 crore. (D) The proposed IPO is for 11.92 crore shares. (E) Bandhan Bank’s MD said that the public offering will strengthen its capital base and help in its expansion. (F) “With IPO, the bank will also comply with the regulatory requirement of listing on the stock exchanges,” he added. (a) ABDFE (b) ADBEF (c) DFAEB (d) BEDFA (e) DAFEB None