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Logical Reasoning Quiz for Banking Exams

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Question 1

Directions: Questions in the form of inference/conclusions are based on the passages given below. Each passage is followed by five inferences. You are required to examine each inference separately in the context of the passage and decide upon its degree of truth or falsity.

Passage:
There is no disputing the fact that one part of globalization is the information revolution. But like all revolutions, this one has its winners and losers. Even on the Pacific Rim, home of so many economic “miracles”, the vast majority of people live on less than two dollars a day. That is what nearly half the world’s population subsists on, while the poorest 1.2 billion get by on less than one dollar. In the face of these grim realities, talk of a global information age takes on a perverse, ‘let them eat cake’ quality. What possible benefit could this “other half” derive from expanded web-based technology?

The notion that the internet will mainstream the world’s underprivileged fits a pattern of technological fantasy that reaches back at least to the mid-nineteenth century. A more immediate effect, unfortunately, has been an expanding communications gap between the rich and poor. With 90% of internet traffic in English and native language skills eroding among non-Western internet addicts, 95% of the world’s Web users reside in developed countries. Only 0.08% of Latin Americans had Web access in 1999, which is double that of South Asia. In so far as rapid information flow translates into power, this great divide is integral to the knowledge-based and culturally driven geopolitics that Joseph S. Nye terms “soft power”.
During the mid-nineteenth century, there was a notion that the internet would make the world's poor become part of the mainstream.

Question 2

Directions: Questions in the form of inference/conclusions are based on the passages given below. Each passage is followed by five inferences. You are required to examine each inference separately in the context of the passage and decide upon its degree of truth or falsity.

Passage:
There is no disputing the fact that one part of globalization is the information revolution. But like all revolutions, this one has its winners and losers. Even on the Pacific Rim, home of so many economic “miracles”, the vast majority of people live on less than two dollars a day. That is what nearly half the world’s population subsists on, while the poorest 1.2 billion get by on less than one dollar. In the face of these grim realities, talk of a global information age takes on a perverse, ‘let them eat cake’ quality. What possible benefit could this “other half” derive from expanded web-based technology?

The notion that the internet will mainstream the world’s underprivileged fits a pattern of technological fantasy that reaches back at least to the mid-nineteenth century. A more immediate effect, unfortunately, has been an expanding communications gap between the rich and poor. With 90% of internet traffic in English and native language skills eroding among non-Western internet addicts, 95% of the world’s Web users reside in developed countries. Only 0.08% of Latin Americans had Web access in 1999, which is double that of South Asia. In so far as rapid information flow translates into power, this great divide is integral to the knowledge-based and culturally driven geopolitics that Joseph S. Nye terms “soft power”.
Perhaps due to the use of English as the predominant language over the internet, there has arisen an expanding communication gap between the rich and the poor.

Question 3

Directions: Questions in the form of inference/conclusions are based on the passages given below. Each passage is followed by five inferences. You are required to examine each inference separately in the context of the passage and decide upon its degree of truth or falsity.

Passage:
There is no disputing the fact that one part of globalization is the information revolution. But like all revolutions, this one has its winners and losers. Even on the Pacific Rim, home of so many economic “miracles”, the vast majority of people live on less than two dollars a day. That is what nearly half the world’s population subsists on, while the poorest 1.2 billion get by on less than one dollar. In the face of these grim realities, talk of a global information age takes on a perverse, ‘let them eat cake’ quality. What possible benefit could this “other half” derive from expanded web-based technology?

The notion that the internet will mainstream the world’s underprivileged fits a pattern of technological fantasy that reaches back at least to the mid-nineteenth century. A more immediate effect, unfortunately, has been an expanding communications gap between the rich and poor. With 90% of internet traffic in English and native language skills eroding among non-Western internet addicts, 95% of the world’s Web users reside in developed countries. Only 0.08% of Latin Americans had Web access in 1999, which is double that of South Asia. In so far as rapid information flow translates into power, this great divide is integral to the knowledge-based and culturally driven geopolitics that Joseph S. Nye terms “soft power”.
The information revolution will bring the world's poor out of the depths of their financial and social troubles, given it spreads through the masses with equity.

Question 4

Directions: Questions in the form of inference/conclusions are based on the passages given below. Each passage is followed by five inferences. You are required to examine each inference separately in the context of the passage and decide upon its degree of truth or falsity.

Passage:
There is no disputing the fact that one part of globalization is the information revolution. But like all revolutions, this one has its winners and losers. Even on the Pacific Rim, home of so many economic “miracles”, the vast majority of people live on less than two dollars a day. That is what nearly half the world’s population subsists on, while the poorest 1.2 billion get by on less than one dollar. In the face of these grim realities, talk of a global information age takes on a perverse, ‘let them eat cake’ quality. What possible benefit could this “other half” derive from expanded web-based technology?

The notion that the internet will mainstream the world’s underprivileged fits a pattern of technological fantasy that reaches back at least to the mid-nineteenth century. A more immediate effect, unfortunately, has been an expanding communications gap between the rich and poor. With 90% of internet traffic in English and native language skills eroding among non-Western internet addicts, 95% of the world’s Web users reside in developed countries. Only 0.08% of Latin Americans had Web access in 1999, which is double that of South Asia. In so far as rapid information flow translates into power, this great divide is integral to the knowledge-based and culturally driven geopolitics that Joseph S. Nye terms “soft power”.
With English as the main language in use over the internet, there is a concerted attempt by the English speaking Western powers to shape societies across the world according to themselves.

Question 5

Directions: Questions in the form of inference/conclusions are based on the passages given below. Each passage is followed by five inferences. You are required to examine each inference separately in the context of the passage and decide upon its degree of truth or falsity.

Passage:
There is no disputing the fact that one part of globalization is the information revolution. But like all revolutions, this one has its winners and losers. Even on the Pacific Rim, home of so many economic “miracles”, the vast majority of people live on less than two dollars a day. That is what nearly half the world’s population subsists on, while the poorest 1.2 billion get by on less than one dollar. In the face of these grim realities, talk of a global information age takes on a perverse, ‘let them eat cake’ quality. What possible benefit could this “other half” derive from expanded web-based technology?

The notion that the internet will mainstream the world’s underprivileged fits a pattern of technological fantasy that reaches back at least to the mid-nineteenth century. A more immediate effect, unfortunately, has been an expanding communications gap between the rich and poor. With 90% of internet traffic in English and native language skills eroding among non-Western internet addicts, 95% of the world’s Web users reside in developed countries. Only 0.08% of Latin Americans had Web access in 1999, which is double that of South Asia. In so far as rapid information flow translates into power, this great divide is integral to the knowledge-based and culturally driven geopolitics that Joseph S. Nye terms “soft power”.
The majority of people who live in areas around the Pacific Rim are well to do, enjoying the choicest worldly luxuries and comforts.

Question 6

Passage:
"The postal service is badly mismanaged. Thirty years ago, first-class letter delivery cost only three cents. Since then, the price has increased sevenfold, with an actual decrease in the speed and reliability of service."
These questions are based on the information given above and the sentences labelled A., B., C., D., E. as given below.
A. The volume of mail handled by the postal service has increased dramatically over the last thirty years.
B. Unprecedented increases in the cost of fuel for trucks and planes have put severe upward pressures on postal delivery costs.
C. Private delivery services usually charge more than does the postal service for comparable delivery services.
D. The average delivery time for a first-class letter three decades ago was actually slightly longer than it is today.
E. The average level of consumer prices overall has increased fourfold over the last thirty years.
Which of the above does NOT weaken the argument presented above:

Question 7

Which of the above tends to weaken the argument?
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Feb 8PO, Clerk, SO, Insurance