Reading Comprehension Asked in SBI PO Prelims Previous Year Exam 2020/2019/2018/2017 |

The State Bank of India has announced the SBI PO Prelims exam 2021 dates on its official website. All the candidates who have successfully applied for the SBI PO recruitment 2021 are eligible for the prelims examination. The SBI PO Prelims exam 2021 is scheduled to be held on 20th, 21st, and 27th November 2021. The SBI Po prelims exam consists of 3 sections, which are quantitative aptitude, reasoning ability, and English language.

The English language section helps the candidates in lifting up the overall marks if prepared and practiced well, and in this section, Reading Comprehension plays a major role. To help the candidates in their preparation, today we are here with the Reading Comprehension Asked in SBI PO Prelims Previous Year Exam 2020/2019/2018/2017. By which the candidates will get an overview about the difficulty level and the type of RCs asked in the examination.

SBI PO Admit Card 2021

2020

In some ways we already do: every time we spend our cash we are making an active choice about the companies we support and the practices we endorse. Today, when corporations can be more influential than entire states, where we put our pounds is where the power lies. The problem is, so it is difficult to confidently make an informed choice. Consider this: the retail manufacturing industry is the second most polluting industry on earth, second only to oil. According to Annie Leonard, an expert in overconsumption, only 1% of the materials used to produce our consumer goods are still in use six months after sale. Somewhere, the value of craftsmanship and of provenance has been lost. Price and speed are trumping value. However, the tide is turning. Increasing awareness around these issues has led to a rise in what is known as conscious consumption, a movement of people who seek out ways to make positive decisions about what to buy and look for a solution to the negative impact consumerism is having on our world.

This is a growing tribe: a third of UK consumers claim to be very concerned about issues regarding the origin of products. A study from YouGov and the Global Poverty Project revealed that 74% of those surveyed would pay an extra 5% for their clothes if there was a guarantee workers were being paid fairly and working in safe conditions. If you’re thinking that 5% doesn’t sound like a lot, consider the fact that the fashion industry could take a staggering 125 million people out of poverty by adding only 1% of its profits to workers’ wages. Issues such as equal pay, environmentally conscious manufacturing processes, prevention of counterfeit goods, human trafficking, responsible farming practices and overproduction of goods are all at the forefront of consumers’ minds when making these choices. In an increasingly open, digital world where authenticity is the buzzword of choice, businesses must keep up with growing demands for ethical behaviour and transparency in everything from employee rights and gender discrimination to the supply chain. In studying for my PhD, I researched product supply chain transparency in depth, looking at technologies to improve information about products and the global network of people and resources that fuel them. I believe technology is the key to dealing with the challenges created by consumerism. Open data, social networks and mobile tech can change the game. Groundbreaking technologies could enable transparency in supply chains, which is why this year I have __(I)___on turning my findings into a social enterprise to empower businesses to take steps to being open.

Q1. Why businesses must keep up with the growing demands of ethical behavior and transparency?

(a) As the world of business can be opaque and supply chains are murky

(b) As the value of craftsmanship and of provenance has been lost

(d) As Customers are taking an increasing interest in the ethical practices of those from whom they buy

(e) None of these

Q2. Which of the following statement(s) is/are corroborating the statement made by the author that “the tide is turning”?

(i) 74% of those surveyed would pay an extra 5% for their clothes if there was a guarantee that workers were paid fairly

(ii) Awareness about environmentally conscious manufacturing processes among customers while making their choices is increasing.

(iii) Every time we spend our cash, we are making an active choice about the companies we support and the practices we endorse.

(a) Both (i) & (ii)

(b) Both (i) & (iii)

(d) Only (i)

(e) None of these

Q3. Which of the following statement is true in the context of the passage?

(a) The biggest problem with consumerism is the fact that people do not realize that there is a problem.

(b) Difficulty in making an informed choice is increasingly important for the conscious consumer.

(c) We are currently consuming resources at an unsustainable rate, which is causing mass environmental destruction and social problems across the world.

(d) Conscious consumption can help in taking a significant number of people out of poverty.

(e) None of these

Q4. According to the author, how can we tackle the impact of consumerism?

(a) By using technology in order to increase transparency in supply chains

(b) By repleting the resources which were otherwise depleted due to overconsumption

(d) By spending extra for the products if there was a guarantee worker were being paid fairly

(e) None of these

Q5. Which of the following word is most similar in meaning to the word “endorse” as given in the passage?

(a) Sabotage

(b) Promote

(d) Deliberate

Q6. Which of the following word is most similar in meaning to the word “staggering” as given in the passage?

(a) Enfeebling

(b) Common

(d) Draining

(e) Confound

Q7. Choose the most suitable word/phrase to fill the given blank (I).

(a) Persist

(b) Sustaining

(d) Resist

(e) Embarked

Answers

Ans1. (d)

Ans2. (a)

Ans3. (d)

Ans4. (a)

Ans5. (b)

Ans6. (e)

Ans7. (e)

2019

Renewable energy is the future, and future is finally here. Global investment in renewable energy shot up last year, far outstripping investment in fossil fuels, according to a UN report. As the price of clean energy technology plummets, it has become an increasingly attractive prospect for world governments. China was by far the world’s largest investor in renewable energy in 2017, accounting for nearly half of the new infrastructure commissioned. This was mainly a result of its massive support for solar power, which globally attracted nearly a fifth more investment than in the previous year. Other countries including Australia, Sweden and Mexico more than doubled the amount of money they pumped into clean energy projects. “Yet again, this was a record year for new renewable power capacity being financed,” Francoise d’Estais from UN Environment’s energy and climate branch told The Independent. “We had a record 157 gigawatts commissioned last year, far outstripping the fossil fuel generating capacity, which we estimated as 70 gigawatts.” In just over a decade, concerted investment has increased the proportion of world electricity generated by wind, solar and other renewable sources from around 5 per cent to 12 per cent. “The electricity sector remains the brightest spot for renewables with the exponential growth of solar photovoltaics and wind in recent years, and building on the significant contribution of hydropower generation.” But, electricity accounts for only a fifth of global energy consumption, and the role of renewables in the transportation and heating sectors remains ____(A)____ to the energy transition. The global replacement of traditional fuels with renewables led to around 1.8 gigatonnes of carbon dioxide emissions being avoided last year – the equivalent of removing the entire US transport system. According to the Wind and Solar Atlas, there are opportunities and potential for Wind and Solar plants in the East and West Nile areas that will produce around 31,150 MW from wind and 52,300 MW from solar. Egypt is also considering financing options to conduct feasibility studies for building the world largest solar power plant for both electricity generation and water desalination. 16 Adda247 | No. 1 APP for Banking & SSC Preparation Website: bankersadda.com | sscadda.com | store.adda247.com | Email: contact@bankersadda.com The UK has been performing well in clean energy generation, with recent figures showing wind and solar sources had overtaken nuclear as suppliers of electricity. However, despite these positive trends, 2017 saw a big drop of 65 per cent in British renewables investment. Experts have criticised the withdrawal of UK support for onshore wind, as previous analysis has demonstrated it already has the capacity to outcompete fossil fuels as a power source. As renewable energy prices continue to fall, however, Professor Moslener said government subsidies are likely to become less and less important.

Q1. Which of the following facts are correct as per the given passage?

(I) The decrease in the cost of renewable energy resulted in its wide use.

(II) China massively supported solar power and became the largest investor in renewable energy.

(III) Egypt is conducting feasibility studies for building a largest solar power plant.

(a) Only (I)

(b) Only (II)

(d) Both (II) and (III)

(e) All (I),(II)and(III)

Q2. What did the author mean by the line “The electricity sector remains the brightest spot for renewables with the exponential growth of solar photovoltaics and wind in recent years, and building on the significant contribution of hydropower generation.”?

(I) The growth of renewable energy in the electricity sector is not that impressive.

(II) The electric sector has performed the best for renewables.

(III) Hydropower generation has a significant contribution to the electricity sector.

(a) Only (I)

(b) Only (II)

(d) Both (II) and (III)

(e) All (I) (II) and (III)

Q3. Which of the following is/are the positive effect(s) of renewable energy?

(I) The overall increase in the global temperature.

(II) Carbon dioxide emissions were reduced to a considerable amount.

(III) The Nile being converted into a biodiversity hotspot.

(a) Only (I)

(b) Only (II)

(d) Both (II) and (III)

(e) All (I)(II) and (III)

Q4. Why government subsidies are likely to become less important?

(a) As China is increasing its investment in this sector.

(b) As the price of clean energy technology continues to plummet.

(d) As there are opportunities and potential for Wind and Solar plants in the East and West Nile areas

(e) None of these

Q5. Which of the following words will come in place of (A) as given in the passage?

(a) Elevate

(b) Existence

(d) Diabolic

(e) Critical

Q6. Which of the following word is most similar in meaning to “accounting for” as given in the passage?

(a) contradict

(b) contribute

(d) Retrieve

(e) Categorical

Q7. Which of the following word is most similar in meaning to “plummets” as given in the passage?

(a) Intensify (b) Escalate (c) Callous (d) Slump (e) reminiscent

Answers

Ans1. e

Ans2. d

Ans3. b

Ans4. b

Ans5. e

Ans6. b

Ans7. d

2018

Have you heard that the economy is like a car? It’s the most popular analogy in financial reporting and political discourse. The American people are repeatedly told by financial pundits and politicians that consumption is an ‘engine’ that ‘drives’ economic growth because it makes up 70% of GDP. One notable Nobel-winning economics pundit with a penchant for bizarre growth theories even recently noted that an economy can be ‘based on purchases of yachts, luxury cars, and the services of personal trainers and celebrity chefs.’ Conversely, other economists including Nobel-winner Joseph Stiglitz claim that our economy is stuck in ‘first gear’ due to inequality: too much income is concentrated among too few rich people who tend to save larger share of their income and thus have a lower ‘marginal propensity to consume’. The Keynesian message is clear: if you want to put the economic pedal to the metal, get out there and consume! Not so fast, Speed Racer. The systematic failure by Keynesian economists and pundits to distinguish between consuming and producing value is the single most damaging fallacy in popular economic thinking. If the economy were a car, consumer preferences would surely be the steering wheel, but real savings and investment would be the engine that drives it forward. Economic growth (booms) and declines (bust) have always been led by changes in business and durable goods investment, while final consumer goods spending has been relatively stable through the business cycle. Booms and busts in financial markets, heavy industry and housing have always been leading indicators of recession and recovery. As John Stuart Mill put it two centuries ago, ‘the demand for commodities is not the demand for labor.’ Consumer demand does not necessarily translate into increased employment. That’s because ‘consumers’ don’t employ people. Businesses do. Since new hires are a risky and costly investment with unknown future returns, employers must rely on their expectations about the future and weigh those decision very carefully. As economic historian Robert Higgs’ pioneering work on the Great Depression suggests, increased uncertainty can depress job growth even in the face of booming consumption. As recent years have demonstrated, consumer demand that appears to be driven by temporary or unsustainable policies is unlikely to induce businesses to hire.

Q1. Choose the word which is MOST SMILAR to the word given in passage UNKNOWN

(a) Recognize (b) Perceived (c) Unpredictable (d) Unruly (e) Uncanny

Q2. Which of the following is the most suitable title for the passage above?

(a) Recession and Recovery (b) Consumer: The driving force for Economy (c) Economy: a Distant Dream? (d) Is Consumption necessary for economic Growth? (e) None of the Above

Q3. In the statement “consumer preferences would surely be the steering wheel, but real savings and investment would be the engine that drives it forward”, what can we infer from the line “consumer preferences would surely be the steering wheel”?

(a) Consumer likings regulate the economy individually. (b) If you want to regulate the economy, consumption is the only force. (c) The Penchant of the consumers controls the economy. (d) The consumer preferences are not at par with savings and economy in driving the economy. (e) None of the Above

Q4. Which of the following statements is/are correct in context with the passage?

(a) Economists fail to distinguish between consuming and producing value and form a mistaken belief. (b) Economic growth and declines have always been led by changes in business and durable goods investment. (c) Income distribution is evenly distributed among the rich and is compatible with the tendency to consume. (d) Only (a) (e) Both (a) and (b)

Q5. Which of the following is/are likely to induce businesses to hire?

(a) Consumer Demand

(b) Consumer Spending

(d) Makeshift policies

(e) Both (b) and (c)

Q6. Choose the word which is MOST OPPOSITE to the word given in passage ANALOGY

(a) Similarity

(b) narrative

(d) Reciprocate

(e) Variance

Answers

Ans1.(e)