SBI PO Previous Year Solved Paper 2010 (Reasoning Ability) Part 3

SBI Probationary Officers Test-2010: Reasoning Ability (High Level) Question 40-50
Direction: Study the following information carefully and answer the questions given below.

The centre reportedly wants to continue providing subsidy to consumers for cooking gas and kerosene for five more years. This is not good news from the point of view of reining in the fiscal deficit. Mounting subventions for subsidies means diversion of savings by the government from investment to consumption, raising the cost of capital in the process. The government must cut expenditure on subsidies to create more fiscal space for investments in both physical and social infrastructure. It should outline a plan for comprehensive reform in major subsidies including petroleum, food and fertilizers and set goal posts.

40. Which of the following is a conclusion which can be drawn from the facts stated in the above paragraph ?

Choose the right option

[A] Subsidy provided by the government under various heads to the citizen increases the cost of capital.
[B] Govt. is unable to withdraw subsidies provided to various items.
[C] Govt. subsidy on kerosene is purely a political decision.
[D] Govt. does not have enough resources to continue providing subsidy on petroleum products.
[E] None of these

41. Which of the following is an inference which can be made from the facts stated in the above paragraph ?
Choose the right option

[A] India’s fiscal deficit is negligible in (omparison to other emerging economies in the world.
[B] Subsidy on food and fertilizers are essential for growth of Indian economy.
[C] Reform in financial sector will weaken India’s position in the international arena.
[D] Gradual withdrawal of subsidy is essential for effectively managing fiscal deficit in India.
[E] None of these

42.Which of the following is an assumption which is implicit in the facts stated in the above paragraph ?
Choose the right option

[A] People in India may not be able to pay more for petroleum products.
[B] Many people in India are rich enough to buy petroleum products at market cost.
[c] Govt. may not be able to create more infrastructural facilities if the present level of subsidy continues for a longer time.
[D] Govt. of India has sought assistance from international financial organizations for its infrastructural projects
[E] None of these

Direcion: Study the following information carefully and answer the questions given below.

Poverty measurement is an unsettled issue, both conceptually and methodologically. Since poverty is a process as well as an outcome; many come out of it while others may be falling into it. The net effect of these two parallel processes is a proportion commonly identified as the ‘head count ratio’, but these ratios hide the fundamental dynamism that characterizes poverty in practice. The most recent poverty reestimates by an expert group has also missed the crucial dynamism. In a study conducted on 13,000 households which represented the crucial dynamism. In a study conducted on 13,000 households which epresented the entire country in 1993-94 and again on 2004-05, it was found that in the ten-year period 18.2% rural population moved out of poverty whereas another 22.1 % fell into it over this period. This net increase of about four percentage points was seen to have a considerable variation across states and regions.

43. Which of the following is a conclusion which can be drawn from the facts stated in the above paragraph ?
Choose the right option

[A] Accurate estimates of number of people living below poverty line in India is possible to be made.
[B] Many expert groups in India are not interested to measure poverty objectively.
[C] Process of poverty measurement needs to take into account various factors to tackle its dynamic nature.
[D] People living below poverty line remain in that position for a very long time.
[E] None of these

44. Which of the following is an assumption which is implicit in the facts stated in the above paragraph ?
Choose the right option

[A] It may not be possible to have an accurate poverty measurement in India.
[B] Level of poverty in India is static over the years.
[C] Researchers avoid making conclusions on poverty measurement data in India.
[D] Govt. of India has a mechanism to measure level of poverty effectively and accurately.
[E] None of these

45. Which of the following is an inference which can be made from the facts stated in the above paragraph ?
Choose the right option

[A] Poverty measurement tools in India are outdated.
[B] Increase in number of persons falling into poverty varies considerably across the country over a period of time.
[C] Govt. of India has stopped measuring poverty related studies.
[D] People living in rural areas are more susceptible to fall into poverty over the time.
[E] None of these

Direction: In each of the questions given below which one of the five answer figures on the right should come after the problem figures on the left, if the sequence were continued ?

46. Problem Figure