Friday, 21 July 2017

Whats-App Discussion SBI/IBPS PO English Discussion 21/7/2017(Friday)-Comprehensions

Q1: Read the following passage carefully to answer the following question.


The SEC’s three missions—of investor protection; fair, orderly and efficient markets; and the facilitation of capital formation—are often seen to be at odds with one another or insufficiently understood. Mr Clayton’s speech expanded on a theme first voiced in his confirmation hearing, that a sharp decline in publicly listed companies in America over the past two decades reflects deep problems in the structure of financial markets. In turn, this causes average Americans harm by denying them the opportunity to invest in dynamic companies.
Among the causes of the decline, he said, was the cumulative impact of disclosure requirements that had gone far beyond the core concept of what is material to an investor. Some of these requirements were aimed at providing indirect benefits to “specific shareholders or other constituencies”, he said, a passage seen by many as an attack on activists who use disclosure standards to push companies on social rather than business issues. Additional compliance mandates had piled on costs for listed companies that they could avoid by staying private. The first change of the Clayton era is telling. On July 10th a new rule went into effect that raised the size threshold for companies that are allowed to file private registration statements to raise capital with the SEC, thereby delaying the exposure of sensitive information that might be of use to competitors. Companies, says one lawyer, consider the disclosure process akin to undressing in public, and thus a reason to stay private. The SEC’s rule change is a small one but may be indicative of a broader change in regulatory philosophy. If the market does not work for companies, it will not work for the public.

Ques1: How did the new rule of SEC raised the size threshold for privately registered companies?
A) By providing indirect benefits to “specific shareholders or other constituencies”
B) By piling on costs for private companies
C) By delaying the exposure of sensitive information
D) Both 1&2
E) None of these.

Ans:   Option C 
see from second paragraph 
Explanation
 On July 10th a new rule went into effect that raised the size threshold for companies that are allowed to file private registration statements to raise capital with the SEC, thereby delaying the exposure of sensitive information.






Q2: Read the following passage carefully to answer the following question.

Finally some good news: The Central government has begun to recognise that women workers need adequate maternity protection. Of course, the new measures announced are still quite limited. The ministry of women and child development has decided to increase maternity leave from the current 12 weeks to 26 weeks and extend this to all women workers in both public and private employment. The ministry of labour is to require all establishments with 30 women workers or 50 total workers to provide crèche [kresh(A hospital where foundlings (infant children of unknown parents) are taken in and cared for)] facilities for their employees, either at the premises or within half a kilometre.
These are definitely welcome measures, apparently a response to low and declining rates of female work participation. India stands out in the world because of shockingly low rates of recognised work participation by women (around 24 per cent) that have even declined over the past decade. This obviously represents a huge economic loss for the country — but it is also a sign of the continuing low status of women and their lack of agency in Indian society.
As it happens, most women in India do indeed work, but they are involved not in paid employment but in unpaid work in their homes or communities. Such work is socially necessary but unsung and unrewarded — everything from cooking and cleaning to looking after the young, the old and the sick, to collecting fuel wood and water for households, to tending gardens and livestock, and so on. Bizarrely during the recent economic boom in India, official data suggests that more women have moved from paid or recognised employment to doing unpaid work in their households

Q: Which of the following statements is/ are true according to passage?
1) If government increase maternity leave in jobs then it would put India in a better position than many other countries.
2) Lack working participation by women obviously represents a huge economic loss for the country.
3) Recently, official data suggests that more women have moved from paid employment to unpaid work in their households.
4) All of above
5) None of these

Ans:   Option (4)    All of the above

 Finally some good news: The Central government has begun to recognise that women workers need adequate maternity protection. Of course, the new measures announced are still quite limited.(1) The ministry of women and child development has decided to increase maternity leave from the current 12 weeks to 26 weeks and extend this to all women workers in both public and private employment. The ministry of labour is to require all establishments with 30 women workers or 50 total workers to provide crèche [kresh(A hospital where foundlings (infant children of unknown parents) are taken in and cared for)] facilities for their employees, either at the premises or within half a kilometre.
(1) These are definitely welcome measures, apparently a response to low and declining rates of female work participation. India stands out in the world because of shockingly (2) low rates of recognised work participation by women (around 24 per cent) that have even declined over the past decade. This obviously represents a huge economic loss for the country — but it is also a sign of the continuing low status of women and their lack of agency in Indian society.
As it happens, most women in India do indeed work, but they are involved not in paid employment but in unpaid work in their homes or communities. Such work is socially necessary but unsung and unrewarded — everything from cooking and cleaning to looking after the young, the old and the sick, to collecting fuel wood and water for households, to tending gardens and livestock, and so on. Bizarrely during the recent economic boom in India, (3) official data suggests that more women have moved from paid or recognised employment to doing unpaid work in their households







Q3: Read the following passage carefully to answer the following question.

What is immediately needed today is the establishement of a World Government or an International Federation of mankind. It is the utmost necessity of the world today, and all those persons who wish to see all human beings happy and prosperous naturally feel it keenly. Of course, at times we feel that many of the problem of our political, social, linguistic and cultural life would come to an end if there were one Govenment all ovet the world. Travellers, businessmen, seekers of knowledge and teachers of righteousness knowvery well that great impediments and obstructions are faced by them when they pass from one country to another, exchange goods, get information, and make an efforts to spread their good gospel among their fellow-men. In the past, religious sects divided one set of people against another, colour of skin or shape of the body set one against the other.
But today when philosophical light has exploded the darkness that was created by religious differences, and when scientific knowledge has flasified the superstitions, they have enabled human beings of all religious views and of all races and colours to come in frequent contactwith one another . It is the governments of various countries that keep poeple of one country apart from, those of another. They create artificial barriers, unnatural distinctions, unhealthy isolation, unnecessary fears and dangers in theminds of common menwho by their naturewant to live in friendshipwith their fellow-men.But all these evilswould cease to exist if there were one Government all over the world.

Q: What was the factor, according to the passage, that set one man against another?
(a) Material prosperity of certain people in the midst of grinding poverty.
(b) Superior physical strength of some persons.
(c) Colour of skin or shape of the body.
(d) Some people being educated and other illiterate.

Ans:   Option (c)
See the last line of first paragraph

Explanation:
 In the past, religious sects divided one set of people against another, colour of skin or shape of the body set one against the other.










Q4: Read the following passage carefully to answer the following question.

During the reign of king Veer, there lived a wise magistrate. Haripant’s verdicts were always just and people from all over vast kingdom came to him in ordered to settle their disputes. In the city where Haripant lived, there was a greedy ghee merchant named Niranjan. He always kept twenty barrels of ghee. Of these, fifteen would contain good quality ghee and the remaining could be adulterated. He would mix the two and sell it. This went on for a long time, till finally the people fed up of being cheated, complained to Haripant.
Haripant had the ghee examined and found to it be adulterated. He gave Niranjan a choice of punishment-drink the five barrels of adulterated ghee from his shop, or receive a hundred lashings, or pay a thousand gold coins to the treasury. Niranjan thought for a while. Losing a thousand gold coins was too much and a hundred lashings too painful. So he decided to drink the five barrels of ghee. Though Niranjan sold adulterated goods in his shop, he made sure his own food was of the best quality. So after drinking one barrel of ghee he began to feel sick. By the second barrel, he was vomiting. At this point he decided to opt for the lashings instead. But he was pampered and his body was unused to any harsh treatment. After ten lashes, he started trembling and by twenty he was giddy. ‘Stop!’ he screamed. ‘I will pay the thousand gold coins!’ And he handed them over.
So he ended up suffering all three punishments, something he did not forget in a hurry and the people of the city got to use only the best quality in their food from then on.


Ques4:   
Why did Niranjan decide to drink adulterated ghee for his punishment?
A.
Since the barrels were from his shop he thought he could substitute the adulterated ghee with good ghee.
B.He wanted to prove that the quality of ghee he sold was good.
C.
He was greedy and had a big appetite so he thought he would easily drink the ghee.
D.
He considered it the easiest of the punishments as he did not realise what effect the ghee would have on him.


None of the given options


Ans:  Option (D)

Explanation:  Niranjan thought for a while. Losing a thousand gold coins was too much and a hundred lashings too painful. So he decided to drink the five barrels of ghee. 






Q5: Read the following passage carefully to answer the following question.

Once again, a vigorous monsoon so vital to India’s economic fortunes has left some States in a shambles. From Assam to Karnataka, heavy rainfall in a short span of time has created paralysing floods that have taken a heavy toll of life, wiped out crops and destroyed hard-earned assets. When the waters recede, a familiar cycle of assessment of damage by Central teams, preparation of loss estimates and expensive restoration work such as repairs to river embankments, will follow. In Assam, where 31 deaths have been recorded already, there are projects to strengthen the embankments of the heavily silted Brahmaputra; the Flood Control Department as well as the disaster relief force have well-funded budgets. Yet, the hundreds of crores of rupees periodically spent on flood preparation, relief and mitigation research in the State have not yielded a protocol that reduces the impact of heavy rain. The swollen river invariably dissolves the weak earthen embankments overnight. Now that another furious season is providing fresh insight into the causes, effects and impact of rain and floods in northeastern India and elsewhere, it is time the Centre took a coordinated view in tackling the crisis. To begin with, it has to review the efficacy of the flood forecasts issued by nearly 180 specialised stations now in operation, and the pattern of responses of the 19 States and Union Territories that receive these alerts.
Urban India is no less traumatised by floods, but city governments have not learnt too many lessons from devastation and losses. The scenes of gridlock and frustration in Gurgaon, Bengaluru and Delhi last week travelled around the world, just months after the disaster in Chennai. Can there be a surgical solution to sclerotic urban planning? Bengaluru is the epitome of governmental indifference to wetlands, most of which have been severely encroached upon or polluted. Being able to live with floods in today’s dense cities requires that these lakes be desilted and restored on a war footing. New artificial wetlands may have to be created to compensate for those that have already been built over. The spectacle of flooding and destruction should convince the Environment Ministry that it is retrograde to sanction large real estate projects without an environmental impact assessment. Some real estate companies have been slapped with penalties by the National Green Tribunal for encroaching upon lakes, but urban planning agencies are equally responsible and must also be called to account for tacitly sanctioning the violations. Provision of relief to those affected by the latest floods has to go beyond patronage politics, and meet the actual needs of the people, particularly those who have suffered extreme losses.


Q: What according to the passage are well-funded budgets?

1) state governments
2) the Flood Control Department as well as the disaster relief force
3) the urban planning agencies as well as rural planning agencies
4) the National Green Tribunal
5) None of the above


Ans:   Option (2)
Explanation:    In Assam, where 31 deaths have been recorded already, there are projects to strengthen the embankments of the heavily silted Brahmaputra; the Flood Control Department as well as the disaster relief force have well-funded budgets. 









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