UPSC Prelims 2016 · CSAT

Question 44: Reading Comprehension

Passage beginning “In the last decade, the banking sector…” — Passage-4 · as printed by UPSC

Which one of the following is the message that is essentially implied in the above passage ?

aNeed for more automation and more products of banks

bNeed for a radical restructuring of our entire public finance system

cNeed to integrate banking and non-banking institutions

dNeed to promote financial inclusion

AnswerUPSC’s answer is (d).

The passage notes that recent banking changes serve the better-off, and calls for a new agenda in banking and non-banking finance that leaves nobody out, including the common person. The implied message is the need to promote financial inclusion. Automation is described as something already done, restructuring all public finance goes far beyond the passage, and integrating banks with non-banks is not argued.

Why each option is right or wrong

(a) Automation is described as already done, not as a need.
(b) Restructuring the whole public finance system goes far beyond the passage.
(c) Integrating banks with non-banks is not argued.
(d) Right: the call is for finance that includes the common person.

Answer: UPSC’s key. Explanation: written by UPSC Grade, not by UPSC.

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Source: UPSC, Civil Services (Preliminary) Examination 2016, General Studies Paper II (CSAT), Series A. The paper on upsc.gov.in.