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IBPS Bank PO Prelims Mock Test - 11 - Banking Exams MCQ


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30 Questions MCQ Test - IBPS Bank PO Prelims Mock Test - 11

IBPS Bank PO Prelims Mock Test - 11 for Banking Exams 2024 is part of Banking Exams preparation. The IBPS Bank PO Prelims Mock Test - 11 questions and answers have been prepared according to the Banking Exams exam syllabus.The IBPS Bank PO Prelims Mock Test - 11 MCQs are made for Banking Exams 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for IBPS Bank PO Prelims Mock Test - 11 below.
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IBPS Bank PO Prelims Mock Test - 11 - Question 1

Read the passage carefully and answer the following questions: 

Economist, ethicists and business experts persuade us that honesty is the best policy, but their evidence is weak. We hoped to find data that would support their theories and thus, perhaps, encourage higher standards of business behaviour. To our surprise, their pet theories failed to stand up. Treachery, we found, can pay. There is no compelling economic reason to tell the truth or keep one’s word. Punishment for the treacherous in the real world is neither swift nor sure. 

Honesty is, in fact, primarily a moral choice. Business people do tell themselves that, in the long run, they will do well by doing good. But there is little factual or logical basis for this conviction. Without values, without a basic preference of right over wrong, trust based on such delusion would crumble in the face of temptation. Most of us choose virtue because we want to believe in ourselves and because others respect and believe us.

And due to this, we should be happy. We can be proud of a system in which people are honest because they want to be, not because they have to be. Materially, too, trust based on morality provides great advantages. It allows us to join in great and exciting enterprises that we could never undertake if we relied on economic incentives alone. 

Economists tell us that trust is enforced in the market place through retaliation and reputation. If you violate a trust, your victim is apt to seek revenge and others are likely to stop doing business with you, at least under favourable terms. A man or woman with a reputation for fair dealing will prosper. Therefore, profit maximisers are honest. This sounds plausible enough until you look for concrete examples. Cases that apparently demonstrate the awful consequences of trust turn out to be few and weak, while evidence that treachery can pay seems compelling.   

Q. According to the passage, what do economists and ethicists, want us to believe?   

Detailed Solution for IBPS Bank PO Prelims Mock Test - 11 - Question 1

As an inference from the passage we get to know that the author is stressing on honesty and the economist are trying to persuade us to believe that businessmen should always be honest.

IBPS Bank PO Prelims Mock Test - 11 - Question 2

Read the passage carefully and answer the following questions: 

Economist, ethicists and business experts persuade us that honesty is the best policy, but their evidence is weak. We hoped to find data that would support their theories and thus, perhaps, encourage higher standards of business behaviour. To our surprise, their pet theories failed to stand up. Treachery, we found, can pay. There is no compelling economic reason to tell the truth or keep one’s word. Punishment for the treacherous in the real world is neither swift nor sure. 

Honesty is, in fact, primarily a moral choice. Business people do tell themselves that, in the long run, they will do well by doing good. But there is little factual or logical basis for this conviction. Without values, without a basic preference of right over wrong, trust based on such delusion would crumble in the face of temptation. Most of us choose virtue because we want to believe in ourselves and because others respect and believe us.

And due to this, we should be happy. We can be proud of a system in which people are honest because they want to be, not because they have to be. Materially, too, trust based on morality provides great advantages. It allows us to join in great and exciting enterprises that we could never undertake if we relied on economic incentives alone. 

Economists tell us that trust is enforced in the market place through retaliation and reputation. If you violate a trust, your victim is apt to seek revenge and others are likely to stop doing business with you, at least under favourable terms. A man or woman with a reputation for fair dealing will prosper. Therefore, profit maximisers are honest. This sounds plausible enough until you look for concrete examples. Cases that apparently demonstrate the awful consequences of trust turn out to be few and weak, while evidence that treachery can pay seems compelling.   

Q. What did the author find out about the theory that ‘honesty is the best policy’? 

Detailed Solution for IBPS Bank PO Prelims Mock Test - 11 - Question 2

Para 4 provides answer to this question that here honesty is the best policy is correct for all business

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IBPS Bank PO Prelims Mock Test - 11 - Question 3

Read the passage carefully and answer the following questions: 

Economist, ethicists and business experts persuade us that honesty is the best policy, but their evidence is weak. We hoped to find data that would support their theories and thus, perhaps, encourage higher standards of business behaviour. To our surprise, their pet theories failed to stand up. Treachery, we found, can pay. There is no compelling economic reason to tell the truth or keep one’s word. Punishment for the treacherous in the real world is neither swift nor sure. 

Honesty is, in fact, primarily a moral choice. Business people do tell themselves that, in the long run, they will do well by doing good. But there is little factual or logical basis for this conviction. Without values, without a basic preference of right over wrong, trust based on such delusion would crumble in the face of temptation. Most of us choose virtue because we want to believe in ourselves and because others respect and believe us.

And due to this, we should be happy. We can be proud of a system in which people are honest because they want to be, not because they have to be. Materially, too, trust based on morality provides great advantages. It allows us to join in great and exciting enterprises that we could never undertake if we relied on economic incentives alone. 

Economists tell us that trust is enforced in the market place through retaliation and reputation. If you violate a trust, your victim is apt to seek revenge and others are likely to stop doing business with you, at least under favourable terms. A man or woman with a reputation for fair dealing will prosper. Therefore, profit maximisers are honest. This sounds plausible enough until you look for concrete examples. Cases that apparently demonstrate the awful consequences of trust turn out to be few and weak, while evidence that treachery can pay seems compelling.   

Q. Why are businessmen, according to the author, honest in their dealings?  

IBPS Bank PO Prelims Mock Test - 11 - Question 4

Read the passage carefully and answer the following questions: 

Economist, ethicists and business experts persuade us that honesty is the best policy, but their evidence is weak. We hoped to find data that would support their theories and thus, perhaps, encourage higher standards of business behaviour. To our surprise, their pet theories failed to stand up. Treachery, we found, can pay. There is no compelling economic reason to tell the truth or keep one’s word. Punishment for the treacherous in the real world is neither swift nor sure. 

Honesty is, in fact, primarily a moral choice. Business people do tell themselves that, in the long run, they will do well by doing good. But there is little factual or logical basis for this conviction. Without values, without a basic preference of right over wrong, trust based on such delusion would crumble in the face of temptation. Most of us choose virtue because we want to believe in ourselves and because others respect and believe us.

And due to this, we should be happy. We can be proud of a system in which people are honest because they want to be, not because they have to be. Materially, too, trust based on morality provides great advantages. It allows us to join in great and exciting enterprises that we could never undertake if we relied on economic incentives alone. 

Economists tell us that trust is enforced in the market place through retaliation and reputation. If you violate a trust, your victim is apt to seek revenge and others are likely to stop doing business with you, at least under favourable terms. A man or woman with a reputation for fair dealing will prosper. Therefore, profit maximisers are honest. This sounds plausible enough until you look for concrete examples. Cases that apparently demonstrate the awful consequences of trust turn out to be few and weak, while evidence that treachery can pay seems compelling.   

Q. According to the author, which of the following, is the reason for being honest in business?  

Detailed Solution for IBPS Bank PO Prelims Mock Test - 11 - Question 4

None of the given options form (a) to (d) relate with the passage as a possible reason for businessman to choose honesty, thus, none of the above is the appropriate answer.

IBPS Bank PO Prelims Mock Test - 11 - Question 5

Read the passage carefully and answer the following questions: 

Economist, ethicists and business experts persuade us that honesty is the best policy, but their evidence is weak. We hoped to find data that would support their theories and thus, perhaps, encourage higher standards of business behaviour. To our surprise, their pet theories failed to stand up. Treachery, we found, can pay. There is no compelling economic reason to tell the truth or keep one’s word. Punishment for the treacherous in the real world is neither swift nor sure. 

Honesty is, in fact, primarily a moral choice. Business people do tell themselves that, in the long run, they will do well by doing good. But there is little factual or logical basis for this conviction. Without values, without a basic preference of right over wrong, trust based on such delusion would crumble in the face of temptation. Most of us choose virtue because we want to believe in ourselves and because others respect and believe us.

And due to this, we should be happy. We can be proud of a system in which people are honest because they want to be, not because they have to be. Materially, too, trust based on morality provides great advantages. It allows us to join in great and exciting enterprises that we could never undertake if we relied on economic incentives alone. 

Economists tell us that trust is enforced in the market place through retaliation and reputation. If you violate a trust, your victim is apt to seek revenge and others are likely to stop doing business with you, at least under favourable terms. A man or woman with a reputation for fair dealing will prosper. Therefore, profit maximisers are honest. This sounds plausible enough until you look for concrete examples. Cases that apparently demonstrate the awful consequences of trust turn out to be few and weak, while evidence that treachery can pay seems compelling.   

Q. Why does the author say that one can be proud of the present situation?  

Detailed Solution for IBPS Bank PO Prelims Mock Test - 11 - Question 5

Refer Para 3 Line 1,2 ‘We can be proud of a system in which people are honest because they want to be, not because they have to be.’

IBPS Bank PO Prelims Mock Test - 11 - Question 6

Read the passage carefully and answer the following questions: 

Economist, ethicists and business experts persuade us that honesty is the best policy, but their evidence is weak. We hoped to find data that would support their theories and thus, perhaps, encourage higher standards of business behaviour. To our surprise, their pet theories failed to stand up. Treachery, we found, can pay. There is no compelling economic reason to tell the truth or keep one’s word. Punishment for the treacherous in the real world is neither swift nor sure. 

Honesty is, in fact, primarily a moral choice. Business people do tell themselves that, in the long run, they will do well by doing good. But there is little factual or logical basis for this conviction. Without values, without a basic preference of right over wrong, trust based on such delusion would crumble in the face of temptation. Most of us choose virtue because we want to believe in ourselves and because others respect and believe us.

And due to this, we should be happy. We can be proud of a system in which people are honest because they want to be, not because they have to be. Materially, too, trust based on morality provides great advantages. It allows us to join in great and exciting enterprises that we could never undertake if we relied on economic incentives alone. 

Economists tell us that trust is enforced in the market place through retaliation and reputation. If you violate a trust, your victim is apt to seek revenge and others are likely to stop doing business with you, at least under favourable terms. A man or woman with a reputation for fair dealing will prosper. Therefore, profit maximisers are honest. This sounds plausible enough until you look for concrete examples. Cases that apparently demonstrate the awful consequences of trust turn out to be few and weak, while evidence that treachery can pay seems compelling.   

Q. What is the material advantage which the author sees is being honest?  

Detailed Solution for IBPS Bank PO Prelims Mock Test - 11 - Question 6

Refer Para 3 Line 3,4 ‘ Materially, too, trust based on morality provides great advantages.’

IBPS Bank PO Prelims Mock Test - 11 - Question 7

Read the passage carefully and answer the following questions: 

Economist, ethicists and business experts persuade us that honesty is the best policy, but their evidence is weak. We hoped to find data that would support their theories and thus, perhaps, encourage higher standards of business behaviour. To our surprise, their pet theories failed to stand up. Treachery, we found, can pay. There is no compelling economic reason to tell the truth or keep one’s word. Punishment for the treacherous in the real world is neither swift nor sure. 

Honesty is, in fact, primarily a moral choice. Business people do tell themselves that, in the long run, they will do well by doing good. But there is little factual or logical basis for this conviction. Without values, without a basic preference of right over wrong, trust based on such delusion would crumble in the face of temptation. Most of us choose virtue because we want to believe in ourselves and because others respect and believe us.

And due to this, we should be happy. We can be proud of a system in which people are honest because they want to be, not because they have to be. Materially, too, trust based on morality provides great advantages. It allows us to join in great and exciting enterprises that we could never undertake if we relied on economic incentives alone. 

Economists tell us that trust is enforced in the market place through retaliation and reputation. If you violate a trust, your victim is apt to seek revenge and others are likely to stop doing business with you, at least under favourable terms. A man or woman with a reputation for fair dealing will prosper. Therefore, profit maximisers are honest. This sounds plausible enough until you look for concrete examples. Cases that apparently demonstrate the awful consequences of trust turn out to be few and weak, while evidence that treachery can pay seems compelling.   

Q. Why do businessmen, according to economists, remain honest? 

Detailed Solution for IBPS Bank PO Prelims Mock Test - 11 - Question 7

Refer to the last paragraph of the passage.

IBPS Bank PO Prelims Mock Test - 11 - Question 8

Read the passage carefully and answer the following questions: 

Economist, ethicists and business experts persuade us that honesty is the best policy, but their evidence is weak. We hoped to find data that would support their theories and thus, perhaps, encourage higher standards of business behaviour. To our surprise, their pet theories failed to stand up. Treachery, we found, can pay. There is no compelling economic reason to tell the truth or keep one’s word. Punishment for the treacherous in the real world is neither swift nor sure. 

Honesty is, in fact, primarily a moral choice. Business people do tell themselves that, in the long run, they will do well by doing good. But there is little factual or logical basis for this conviction. Without values, without a basic preference of right over wrong, trust based on such delusion would crumble in the face of temptation. Most of us choose virtue because we want to believe in ourselves and because others respect and believe us.

And due to this, we should be happy. We can be proud of a system in which people are honest because they want to be, not because they have to be. Materially, too, trust based on morality provides great advantages. It allows us to join in great and exciting enterprises that we could never undertake if we relied on economic incentives alone. 

Economists tell us that trust is enforced in the market place through retaliation and reputation. If you violate a trust, your victim is apt to seek revenge and others are likely to stop doing business with you, at least under favourable terms. A man or woman with a reputation for fair dealing will prosper. Therefore, profit maximisers are honest. This sounds plausible enough until you look for concrete examples. Cases that apparently demonstrate the awful consequences of trust turn out to be few and weak, while evidence that treachery can pay seems compelling.   

Q. Which of the following phrases is most nearly the same in meaning as the word ‘persuade’ as it has been used in the passage?  

Detailed Solution for IBPS Bank PO Prelims Mock Test - 11 - Question 8

Try to convince is most nearly same in the meaning to persuade.

IBPS Bank PO Prelims Mock Test - 11 - Question 9

Read the passage carefully and answer the following questions: 

Economist, ethicists and business experts persuade us that honesty is the best policy, but their evidence is weak. We hoped to find data that would support their theories and thus, perhaps, encourage higher standards of business behaviour. To our surprise, their pet theories failed to stand up. Treachery, we found, can pay. There is no compelling economic reason to tell the truth or keep one’s word. Punishment for the treacherous in the real world is neither swift nor sure. 

Honesty is, in fact, primarily a moral choice. Business people do tell themselves that, in the long run, they will do well by doing good. But there is little factual or logical basis for this conviction. Without values, without a basic preference of right over wrong, trust based on such delusion would crumble in the face of temptation. Most of us choose virtue because we want to believe in ourselves and because others respect and believe us.

And due to this, we should be happy. We can be proud of a system in which people are honest because they want to be, not because they have to be. Materially, too, trust based on morality provides great advantages. It allows us to join in great and exciting enterprises that we could never undertake if we relied on economic incentives alone. 

Economists tell us that trust is enforced in the market place through retaliation and reputation. If you violate a trust, your victim is apt to seek revenge and others are likely to stop doing business with you, at least under favourable terms. A man or woman with a reputation for fair dealing will prosper. Therefore, profit maximisers are honest. This sounds plausible enough until you look for concrete examples. Cases that apparently demonstrate the awful consequences of trust turn out to be few and weak, while evidence that treachery can pay seems compelling.   

Q. Which of the following is false according to the passage?   

Detailed Solution for IBPS Bank PO Prelims Mock Test - 11 - Question 9

 Economist believes that businessmen are Honest. Refer Para 2.

IBPS Bank PO Prelims Mock Test - 11 - Question 10

Read the passage carefully and answer the following questions: 

Economist, ethicists and business experts persuade us that honesty is the best policy, but their evidence is weak. We hoped to find data that would support their theories and thus, perhaps, encourage higher standards of business behaviour. To our surprise, their pet theories failed to stand up. Treachery, we found, can pay. There is no compelling economic reason to tell the truth or keep one’s word. Punishment for the treacherous in the real world is neither swift nor sure. 

Honesty is, in fact, primarily a moral choice. Business people do tell themselves that, in the long run, they will do well by doing good. But there is little factual or logical basis for this conviction. Without values, without a basic preference of right over wrong, trust based on such delusion would crumble in the face of temptation. Most of us choose virtue because we want to believe in ourselves and because others respect and believe us.

And due to this, we should be happy. We can be proud of a system in which people are honest because they want to be, not because they have to be. Materially, too, trust based on morality provides great advantages. It allows us to join in great and exciting enterprises that we could never undertake if we relied on economic incentives alone. 

Economists tell us that trust is enforced in the market place through retaliation and reputation. If you violate a trust, your victim is apt to seek revenge and others are likely to stop doing business with you, at least under favourable terms. A man or woman with a reputation for fair dealing will prosper. Therefore, profit maximisers are honest. This sounds plausible enough until you look for concrete examples. Cases that apparently demonstrate the awful consequences of trust turn out to be few and weak, while evidence that treachery can pay seems compelling.   

Q. Which of the following best describes what the author is trying to point out through the last sentence of the passage, ‘Cases that…..compelling’?  

Detailed Solution for IBPS Bank PO Prelims Mock Test - 11 - Question 10

The consequences of truth are good and pleasant in most cases and drawbacks are minimum.

IBPS Bank PO Prelims Mock Test - 11 - Question 11

Read the passage carefully and answer the following questions: 

Economist, ethicists and business experts persuade us that honesty is the best policy, but their evidence is weak. We hoped to find data that would support their theories and thus, perhaps, encourage higher standards of business behaviour. To our surprise, their pet theories failed to stand up. Treachery, we found, can pay. There is no compelling economic reason to tell the truth or keep one’s word. Punishment for the treacherous in the real world is neither swift nor sure. 

Honesty is, in fact, primarily a moral choice. Business people do tell themselves that, in the long run, they will do well by doing good. But there is little factual or logical basis for this conviction. Without values, without a basic preference of right over wrong, trust based on such delusion would crumble in the face of temptation. Most of us choose virtue because we want to believe in ourselves and because others respect and believe us.

And due to this, we should be happy. We can be proud of a system in which people are honest because they want to be, not because they have to be. Materially, too, trust based on morality provides great advantages. It allows us to join in great and exciting enterprises that we could never undertake if we relied on economic incentives alone. 

Economists tell us that trust is enforced in the market place through retaliation and reputation. If you violate a trust, your victim is apt to seek revenge and others are likely to stop doing business with you, at least under favourable terms. A man or woman with a reputation for fair dealing will prosper. Therefore, profit maximisers are honest. This sounds plausible enough until you look for concrete examples. Cases that apparently demonstrate the awful consequences of trust turn out to be few and weak, while evidence that treachery can pay seems compelling.   

Which of the following is synonym/antonym of the given word from the passage?

Treachery

Detailed Solution for IBPS Bank PO Prelims Mock Test - 11 - Question 11

Treachery means betrayal of trust. Perfidy means the state of being deceitful and untrustworthy. They are synonyms.

IBPS Bank PO Prelims Mock Test - 11 - Question 12

Read the passage carefully and answer the following questions: 

Economist, ethicists and business experts persuade us that honesty is the best policy, but their evidence is weak. We hoped to find data that would support their theories and thus, perhaps, encourage higher standards of business behaviour. To our surprise, their pet theories failed to stand up. Treachery, we found, can pay. There is no compelling economic reason to tell the truth or keep one’s word. Punishment for the treacherous in the real world is neither swift nor sure. 

Honesty is, in fact, primarily a moral choice. Business people do tell themselves that, in the long run, they will do well by doing good. But there is little factual or logical basis for this conviction. Without values, without a basic preference of right over wrong, trust based on such delusion would crumble in the face of temptation. Most of us choose virtue because we want to believe in ourselves and because others respect and believe us.

And due to this, we should be happy. We can be proud of a system in which people are honest because they want to be, not because they have to be. Materially, too, trust based on morality provides great advantages. It allows us to join in great and exciting enterprises that we could never undertake if we relied on economic incentives alone. 

Economists tell us that trust is enforced in the market place through retaliation and reputation. If you violate a trust, your victim is apt to seek revenge and others are likely to stop doing business with you, at least under favourable terms. A man or woman with a reputation for fair dealing will prosper. Therefore, profit maximisers are honest. This sounds plausible enough until you look for concrete examples. Cases that apparently demonstrate the awful consequences of trust turn out to be few and weak, while evidence that treachery can pay seems compelling.   

Which of the following is synonym/antonym of the given word from the passage?

Conviction

Detailed Solution for IBPS Bank PO Prelims Mock Test - 11 - Question 12

Conviction means a firmly held belief or opinion. Doubt is its antonym.

IBPS Bank PO Prelims Mock Test - 11 - Question 13

Read the passage carefully and answer the following questions: 

Economist, ethicists and business experts persuade us that honesty is the best policy, but their evidence is weak. We hoped to find data that would support their theories and thus, perhaps, encourage higher standards of business behaviour. To our surprise, their pet theories failed to stand up. Treachery, we found, can pay. There is no compelling economic reason to tell the truth or keep one’s word. Punishment for the treacherous in the real world is neither swift nor sure. 

Honesty is, in fact, primarily a moral choice. Business people do tell themselves that, in the long run, they will do well by doing good. But there is little factual or logical basis for this conviction. Without values, without a basic preference of right over wrong, trust based on such delusion would crumble in the face of temptation. Most of us choose virtue because we want to believe in ourselves and because others respect and believe us.

And due to this, we should be happy. We can be proud of a system in which people are honest because they want to be, not because they have to be. Materially, too, trust based on morality provides great advantages. It allows us to join in great and exciting enterprises that we could never undertake if we relied on economic incentives alone. 

Economists tell us that trust is enforced in the market place through retaliation and reputation. If you violate a trust, your victim is apt to seek revenge and others are likely to stop doing business with you, at least under favourable terms. A man or woman with a reputation for fair dealing will prosper. Therefore, profit maximisers are honest. This sounds plausible enough until you look for concrete examples. Cases that apparently demonstrate the awful consequences of trust turn out to be few and weak, while evidence that treachery can pay seems compelling.   

Which of the following is synonym/antonym of the given word from the passage?

Delusion

Detailed Solution for IBPS Bank PO Prelims Mock Test - 11 - Question 13

Delusion means belief or impression maintained despite being contradicted by reality. Rationality is its antonym.

IBPS Bank PO Prelims Mock Test - 11 - Question 14

Read the passage carefully and answer the following questions: 

Economist, ethicists and business experts persuade us that honesty is the best policy, but their evidence is weak. We hoped to find data that would support their theories and thus, perhaps, encourage higher standards of business behaviour. To our surprise, their pet theories failed to stand up. Treachery, we found, can pay. There is no compelling economic reason to tell the truth or keep one’s word. Punishment for the treacherous in the real world is neither swift nor sure. 

Honesty is, in fact, primarily a moral choice. Business people do tell themselves that, in the long run, they will do well by doing good. But there is little factual or logical basis for this conviction. Without values, without a basic preference of right over wrong, trust based on such delusion would crumble in the face of temptation. Most of us choose virtue because we want to believe in ourselves and because others respect and believe us.

And due to this, we should be happy. We can be proud of a system in which people are honest because they want to be, not because they have to be. Materially, too, trust based on morality provides great advantages. It allows us to join in great and exciting enterprises that we could never undertake if we relied on economic incentives alone. 

Economists tell us that trust is enforced in the market place through retaliation and reputation. If you violate a trust, your victim is apt to seek revenge and others are likely to stop doing business with you, at least under favourable terms. A man or woman with a reputation for fair dealing will prosper. Therefore, profit maximisers are honest. This sounds plausible enough until you look for concrete examples. Cases that apparently demonstrate the awful consequences of trust turn out to be few and weak, while evidence that treachery can pay seems compelling.   

Which of the following is synonym/antonym of the given word from the passage?

Temptation

Detailed Solution for IBPS Bank PO Prelims Mock Test - 11 - Question 14

Temptation and Desire are synonym.

IBPS Bank PO Prelims Mock Test - 11 - Question 15

Read the passage carefully and answer the following questions: 

Economist, ethicists and business experts persuade us that honesty is the best policy, but their evidence is weak. We hoped to find data that would support their theories and thus, perhaps, encourage higher standards of business behaviour. To our surprise, their pet theories failed to stand up. Treachery, we found, can pay. There is no compelling economic reason to tell the truth or keep one’s word. Punishment for the treacherous in the real world is neither swift nor sure. 

Honesty is, in fact, primarily a moral choice. Business people do tell themselves that, in the long run, they will do well by doing good. But there is little factual or logical basis for this conviction. Without values, without a basic preference of right over wrong, trust based on such delusion would crumble in the face of temptation. Most of us choose virtue because we want to believe in ourselves and because others respect and believe us.

And due to this, we should be happy. We can be proud of a system in which people are honest because they want to be, not because they have to be. Materially, too, trust based on morality provides great advantages. It allows us to join in great and exciting enterprises that we could never undertake if we relied on economic incentives alone. 

Economists tell us that trust is enforced in the market place through retaliation and reputation. If you violate a trust, your victim is apt to seek revenge and others are likely to stop doing business with you, at least under favourable terms. A man or woman with a reputation for fair dealing will prosper. Therefore, profit maximisers are honest. This sounds plausible enough until you look for concrete examples. Cases that apparently demonstrate the awful consequences of trust turn out to be few and weak, while evidence that treachery can pay seems compelling.   

Which of the following is synonym/antonym of the given word from the passage?

Revenge

Detailed Solution for IBPS Bank PO Prelims Mock Test - 11 - Question 15

Revenge means the action of hurting or harming someone in return for an injury or wrong suffered at their hands. Reprisal is its synonym.

IBPS Bank PO Prelims Mock Test - 11 - Question 16

Directions : In the passage given below there are 10 blanks, each followed by a word given in bold. Each blank has four alternative words given in options (A),(B),(C) and (D). You have to tell which word will best suit the respective blank. Mark (E) as your answer if the word given in bold after the blank is your answer i.e “No change required”.

The increasing cost of higher education in the United States has been a --(16)---(contrast) topic for debate in recent decades. American society ---(17)---(denigrate) the importance of education after high school, yet the cost of undergraduate and advanced degrees continually rises at a greater rate than ---(18)----(inflammation).

According to the Advisory Committee on Student Financial Assistance, cost factors prevent 48% of college-qualified high school graduates from ---(19)----(pursuing) further education (McKeon, 2004, p. 45). The current system requires the majority of students to ----(20)----(dissipate) extensive debt with the expectation that they gain ----(21)----(unprofitable) post-graduate employment to repay their loans.

The cost of higher education raises several ---(22)----(ethical) issues. Among these are the perpetuation of the cycle of debt in American commercial society, the ---(23)----(hypothetical) of differing higher education institutions and cost, and the resulting socioeconomic and racial inequities in college demographics. Both an examination of the current trends and figures and a closer look at a real life example show the troublesome state of higher education and its ---(24)---(affect) on our commercial society.

Research indicates a steep upward trend in the cost of higher education throughout the 20th century. In recent decades, America has witnessed a widening gap between inflation and tuition. An incoming freshman at a typical college ---(25)---(infer) charges for tuition, university fees, books, room and board, and other miscellaneous items.

Detailed Solution for IBPS Bank PO Prelims Mock Test - 11 - Question 16

continue (verb), gerund or present participle: continuing

Meaning: persist in an activity or process. In the given blank, we need a verb form

(present perfect continuous tense) that express the idea of continuity. hence, 'continuing' is correct word choice. 

IBPS Bank PO Prelims Mock Test - 11 - Question 17

Directions : In the passage given below there are 10 blanks, each followed by a word given in bold. Each blank has four alternative words given in options (A),(B),(C) and (D). You have to tell which word will best suit the respective blank. Mark (E) as your answer if the word given in bold after the blank is your answer i.e “No change required”.

The increasing cost of higher education in the United States has been a --(16)---(contrast)topic for debate in recent decades. American society ---(17)---(denigrate) the importance of education after high school, yet the cost of undergraduate and advanced degrees continually rises at a greater rate than ---(18)----(inflammation).

According to the Advisory Committee on Student Financial Assistance, cost factors prevent 48% of college-qualified high school graduates from ---(19)----(pursuing) further education (McKeon, 2004, p. 45). The current system requires the majority of students to ----(20)----(dissipate) extensive debt with the expectation that they gain ----(21)----(unprofitable) post-graduate employment to repay their loans.

The cost of higher education raises several ---(22)----(ethical) issues. Among these are the perpetuation of the cycle of debt in American commercial society, the ---(23)----(hypothetical) of differing higher education institutions and cost, and the resulting socioeconomic and racial inequities in college demographics. Both an examination of the current trends and figures and a closer look at a real life example show the troublesome state of higher education and its ---(24)---(affect) on our commercial society.

Research indicates a steep upward trend in the cost of higher education throughout the 20th century. In recent decades, America has witnessed a widening gap between inflation and tuition. An incoming freshman at a typical college ---(25)---(infer) charges for tuition, university fees, books, room and board, and other miscellaneous items.

Detailed Solution for IBPS Bank PO Prelims Mock Test - 11 - Question 17

"American society "emphasizes" the importance of education after high school".

emphasizes is correct word choice in the given context.

denigrate (verb): criticize unfairly; disparage. denigrate is totally irrelevant word.

IBPS Bank PO Prelims Mock Test - 11 - Question 18

Directions : In the passage given below there are 10 blanks, each followed by a word given in bold. Each blank has four alternative words given in options (A),(B),(C) and (D). You have to tell which word will best suit the respective blank. Mark (E) as your answer if the word given in bold after the blank is your answer i.e “No change required”.

The increasing cost of higher education in the United States has been a --(16)---(contrast)topic for debate in recent decades. American society ---(17)---(denigrate) the importance of education after high school, yet the cost of undergraduate and advanced degrees continually rises at a greater rate than ---(18)----(inflammation).

According to the Advisory Committee on Student Financial Assistance, cost factors prevent 48% of college-qualified high school graduates from ---(19)----(pursuing) further education (McKeon, 2004, p. 45). The current system requires the majority of students to ----(20)----(dissipate) extensive debt with the expectation that they gain ----(21)----(unprofitable) post-graduate employment to repay their loans.

The cost of higher education raises several ---(22)----(ethical) issues. Among these are the perpetuation of the cycle of debt in American commercial society, the ---(23)----(hypothetical) of differing higher education institutions and cost, and the resulting socioeconomic and racial inequities in college demographics. Both an examination of the current trends and figures and a closer look at a real life example show the troublesome state of higher education and its ---(24)---(affect) on our commercial society.

Research indicates a steep upward trend in the cost of higher education throughout the 20th century. In recent decades, America has witnessed a widening gap between inflation and tuition. An incoming freshman at a typical college ---(25)---(infer) charges for tuition, university fees, books, room and board, and other miscellaneous items.

Detailed Solution for IBPS Bank PO Prelims Mock Test - 11 - Question 18

inflation meaning: a general increase in prices and fall in the purchasing value of money. In this sentence, the comparison is done with inflation. "the cost of undergraduate and advanced degrees continually rises at a greater rate than inflation."

inflammatory (adjective) meaning: relating to or causing inflammation of a part of the body. this is totally out of the context word.

IBPS Bank PO Prelims Mock Test - 11 - Question 19

Directions : In the passage given below there are 10 blanks, each followed by a word given in bold. Each blank has four alternative words given in options (A),(B),(C) and (D). You have to tell which word will best suit the respective blank. Mark (E) as your answer if the word given in bold after the blank is your answer i.e “No change required”.

The increasing cost of higher education in the United States has been a --(16)---(contrast)topic for debate in recent decades. American society ---(17)---(denigrate) the importance of education after high school, yet the cost of undergraduate and advanced degrees continually rises at a greater rate than ---(18)----(inflammation).

According to the Advisory Committee on Student Financial Assistance, cost factors prevent 48% of college-qualified high school graduates from ---(19)----(pursuing) further education (McKeon, 2004, p. 45). The current system requires the majority of students to ----(20)----(dissipate) extensive debt with the expectation that they gain ----(21)----(unprofitable) post-graduate employment to repay their loans.

The cost of higher education raises several ---(22)----(ethical) issues. Among these are the perpetuation of the cycle of debt in American commercial society, the ---(23)----(hypothetical) of differing higher education institutions and cost, and the resulting socioeconomic and racial inequities in college demographics. Both an examination of the current trends and figures and a closer look at a real life example show the troublesome state of higher education and its ---(24)---(affect) on our commercial society.

Research indicates a steep upward trend in the cost of higher education throughout the 20th century. In recent decades, America has witnessed a widening gap between inflation and tuition. An incoming freshman at a typical college ---(25)---(infer) charges for tuition, university fees, books, room and board, and other miscellaneous items.

Detailed Solution for IBPS Bank PO Prelims Mock Test - 11 - Question 19

pursuing- is correct word choice. pursue-to carry on or continue (a course of action, a train of thought, an inquiry, studies, etc.

IBPS Bank PO Prelims Mock Test - 11 - Question 20

Directions : In the passage given below there are 10 blanks, each followed by a word given in bold. Each blank has four alternative words given in options (A),(B),(C) and (D). You have to tell which word will best suit the respective blank. Mark (E) as your answer if the word given in bold after the blank is your answer i.e “No change required”.

The increasing cost of higher education in the United States has been a --(16)---(contrast)topic for debate in recent decades. American society ---(17)---(denigrate) the importance of education after high school, yet the cost of undergraduate and advanced degrees continually rises at a greater rate than ---(18)----(inflammation).

According to the Advisory Committee on Student Financial Assistance, cost factors prevent 48% of college-qualified high school graduates from ---(19)----(pursuing) further education (McKeon, 2004, p. 45). The current system requires the majority of students to ----(20)----(dissipate) extensive debt with the expectation that they gain ----(21)----(unprofitable) post-graduate employment to repay their loans.

The cost of higher education raises several ---(22)----(ethical) issues. Among these are the perpetuation of the cycle of debt in American commercial society, the ---(23)----(hypothetical) of differing higher education institutions and cost, and the resulting socioeconomic and racial inequities in college demographics. Both an examination of the current trends and figures and a closer look at a real life example show the troublesome state of higher education and its ---(24)---(affect) on our commercial society.

Research indicates a steep upward trend in the cost of higher education throughout the 20th century. In recent decades, America has witnessed a widening gap between inflation and tuition. An incoming freshman at a typical college ---(25)---(infer) charges for tuition, university fees, books, room and board, and other miscellaneous items.

Detailed Solution for IBPS Bank PO Prelims Mock Test - 11 - Question 20

accumulate-gather together or acquire an increasing number or quantity of. accumulate correctly fits in the context of the sentence.

"The current system requires the majority of students to accumulate extensive debt with the expectation that" dissipate meaning-(with reference to a feeling or emotion) disappear or cause to disappear. hence, dissipate is totally irrelevant word to fit in this context.

IBPS Bank PO Prelims Mock Test - 11 - Question 21

Directions : In the passage given below there are 10 blanks, each followed by a word given in bold. Each blank has four alternative words given in options (A),(B),(C) and (D). You have to tell which word will best suit the respective blank. Mark (E) as your answer if the word given in bold after the blank is your answer i.e “No change required”.

The increasing cost of higher education in the United States has been a --(16)---(contrast)topic for debate in recent decades. American society ---(17)---(denigrate) the importance of education after high school, yet the cost of undergraduate and advanced degrees continually rises at a greater rate than ---(18)----(inflammation).

According to the Advisory Committee on Student Financial Assistance, cost factors prevent 48% of college-qualified high school graduates from ---(19)----(pursuing) further education (McKeon, 2004, p. 45). The current system requires the majority of students to ----(20)----(dissipate) extensive debt with the expectation that they gain ----(21)----(unprofitable) post-graduate employment to repay their loans.

The cost of higher education raises several ---(22)----(ethical) issues. Among these are the perpetuation of the cycle of debt in American commercial society, the ---(23)----(hypothetical) of differing higher education institutions and cost, and the resulting socioeconomic and racial inequities in college demographics. Both an examination of the current trends and figures and a closer look at a real life example show the troublesome state of higher education and its ---(24)---(affect) on our commercial society.

Research indicates a steep upward trend in the cost of higher education throughout the 20th century. In recent decades, America has witnessed a widening gap between inflation and tuition. An incoming freshman at a typical college ---(25)---(infer) charges for tuition, university fees, books, room and board, and other miscellaneous items.

Detailed Solution for IBPS Bank PO Prelims Mock Test - 11 - Question 21

lucrative-producing a great deal of profit. according to the context we need positive word that express profit-making. hence lucrative is correct word choice.

IBPS Bank PO Prelims Mock Test - 11 - Question 22

Directions : In the passage given below there are 10 blanks, each followed by a word given in bold. Each blank has four alternative words given in options (A),(B),(C) and (D). You have to tell which word will best suit the respective blank. Mark (E) as your answer if the word given in bold after the blank is your answer i.e “No change required”.

The increasing cost of higher education in the United States has been a --(16)---(contrast)topic for debate in recent decades. American society ---(17)---(denigrate) the importance of education after high school, yet the cost of undergraduate and advanced degrees continually rises at a greater rate than ---(18)----(inflammation).

According to the Advisory Committee on Student Financial Assistance, cost factors prevent 48% of college-qualified high school graduates from ---(19)----(pursuing) further education (McKeon, 2004, p. 45). The current system requires the majority of students to ----(20)----(dissipate) extensive debt with the expectation that they gain ----(21)----(unprofitable) post-graduate employment to repay their loans.

The cost of higher education raises several ---(22)----(ethical) issues. Among these are the perpetuation of the cycle of debt in American commercial society, the ---(23)----(hypothetical) of differing higher education institutions and cost, and the resulting socioeconomic and racial inequities in college demographics. Both an examination of the current trends and figures and a closer look at a real life example show the troublesome state of higher education and its ---(24)---(affect) on our commercial society.

Research indicates a steep upward trend in the cost of higher education throughout the 20th century. In recent decades, America has witnessed a widening gap between inflation and tuition. An incoming freshman at a typical college ---(25)---(infer) charges for tuition, university fees, books, room and board, and other miscellaneous items.

Detailed Solution for IBPS Bank PO Prelims Mock Test - 11 - Question 22

ethical-elating to moral principles or the branch of knowledge dealing with these. ethical is correct word choice and express the idea correctly conveyed in the sentence.

IBPS Bank PO Prelims Mock Test - 11 - Question 23

Directions : In the passage given below there are 10 blanks, each followed by a word given in bold. Each blank has four alternative words given in options (A),(B),(C) and (D). You have to tell which word will best suit the respective blank. Mark (E) as your answer if the word given in bold after the blank is your answer i.e “No change required”.

The increasing cost of higher education in the United States has been a --(16)---(contrast)topic for debate in recent decades. American society ---(17)---(denigrate) the importance of education after high school, yet the cost of undergraduate and advanced degrees continually rises at a greater rate than ---(18)----(inflammation).

According to the Advisory Committee on Student Financial Assistance, cost factors prevent 48% of college-qualified high school graduates from ---(19)----(pursuing) further education (McKeon, 2004, p. 45). The current system requires the majority of students to ----(20)----(dissipate) extensive debt with the expectation that they gain ----(21)----(unprofitable) post-graduate employment to repay their loans.

The cost of higher education raises several ---(22)----(ethical) issues. Among these are the perpetuation of the cycle of debt in American commercial society, the ---(23)----(hypothetical) of differing higher education institutions and cost, and the resulting socioeconomic and racial inequities in college demographics. Both an examination of the current trends and figures and a closer look at a real life example show the troublesome state of higher education and its ---(24)---(affect) on our commercial society.

Research indicates a steep upward trend in the cost of higher education throughout the 20th century. In recent decades, America has witnessed a widening gap between inflation and tuition. An incoming freshman at a typical college ---(25)---(infer) charges for tuition, university fees, books, room and board, and other miscellaneous items.

Detailed Solution for IBPS Bank PO Prelims Mock Test - 11 - Question 23

hierarchy-a system in which members of an organization or society are ranked according to relative status or authority.

"the hierarchy of differing higher education institutions and cost, and the resulting socioeconomic and racial inequities in college demographics." hierarchy fits in the context of the sentence correctly.

IBPS Bank PO Prelims Mock Test - 11 - Question 24

Directions : In the passage given below there are 10 blanks, each followed by a word given in bold. Each blank has four alternative words given in options (A),(B),(C) and (D). You have to tell which word will best suit the respective blank. Mark (E) as your answer if the word given in bold after the blank is your answer i.e “No change required”.

The increasing cost of higher education in the United States has been a --(16)---(contrast)topic for debate in recent decades. American society ---(17)---(denigrate) the importance of education after high school, yet the cost of undergraduate and advanced degrees continually rises at a greater rate than ---(18)----(inflammation).

According to the Advisory Committee on Student Financial Assistance, cost factors prevent 48% of college-qualified high school graduates from ---(19)----(pursuing) further education (McKeon, 2004, p. 45). The current system requires the majority of students to ----(20)----(dissipate) extensive debt with the expectation that they gain ----(21)----(unprofitable) post-graduate employment to repay their loans.

The cost of higher education raises several ---(22)----(ethical) issues. Among these are the perpetuation of the cycle of debt in American commercial society, the ---(23)----(hypothetical) of differing higher education institutions and cost, and the resulting socioeconomic and racial inequities in college demographics. Both an examination of the current trends and figures and a closer look at a real life example show the troublesome state of higher education and its ---(24)---(affect) on our commercial society.

Research indicates a steep upward trend in the cost of higher education throughout the 20th century. In recent decades, America has witnessed a widening gap between inflation and tuition. An incoming freshman at a typical college ---(25)---(infer) charges for tuition, university fees, books, room and board, and other miscellaneous items.

Detailed Solution for IBPS Bank PO Prelims Mock Test - 11 - Question 24

effect is a noun and affect is a verb. in this context, we need a noun form. hence 'effect' is correct word choice.

IBPS Bank PO Prelims Mock Test - 11 - Question 25

Directions : In the passage given below there are 10 blanks, each followed by a word given in bold. Each blank has four alternative words given in options (A),(B),(C) and (D). You have to tell which word will best suit the respective blank. Mark (E) as your answer if the word given in bold after the blank is your answer i.e “No change required”.

The increasing cost of higher education in the United States has been a --(16)---(contrast)topic for debate in recent decades. American society ---(17)---(denigrate) the importance of education after high school, yet the cost of undergraduate and advanced degrees continually rises at a greater rate than ---(18)----(inflammation).

According to the Advisory Committee on Student Financial Assistance, cost factors prevent 48% of college-qualified high school graduates from ---(19)----(pursuing) further education (McKeon, 2004, p. 45). The current system requires the majority of students to ----(20)----(dissipate) extensive debt with the expectation that they gain ----(21)----(unprofitable) post-graduate employment to repay their loans.

The cost of higher education raises several ---(22)----(ethical) issues. Among these are the perpetuation of the cycle of debt in American commercial society, the ---(23)----(hypothetical) of differing higher education institutions and cost, and the resulting socioeconomic and racial inequities in college demographics. Both an examination of the current trends and figures and a closer look at a real life example show the troublesome state of higher education and its ---(24)---(affect) on our commercial society.

Research indicates a steep upward trend in the cost of higher education throughout the 20th century. In recent decades, America has witnessed a widening gap between inflation and tuition. An incoming freshman at a typical college ---(25)---(infer) charges for tuition, university fees, books, room and board, and other miscellaneous items.

Detailed Solution for IBPS Bank PO Prelims Mock Test - 11 - Question 25

incur-become subject to (something unwelcome or unpleasant) as a result of one's own behaviour or actions.

infer-deduce or conclude (something) from evidence and reasoning rather than from explicit statements. infers is correct choice.

IBPS Bank PO Prelims Mock Test - 11 - Question 26

Directions : In each of the questions, choose the meaning of phrase/idiom (given in bold).

President Saddam Hussein’s effort to annex Kuwait was nothing short of setting the Thames on fire.

Detailed Solution for IBPS Bank PO Prelims Mock Test - 11 - Question 26

set the Thames on fire. To do wonderful or exciting things; to cause a great or remarkable sensation in the world; to be extremely exciting, popular, famous, renowned, etc.

IBPS Bank PO Prelims Mock Test - 11 - Question 27

Directions : In each of the questions, choose the meaning of phrase/idiom (given in bold).

One should not stay idle at home; but be up and doing.

Detailed Solution for IBPS Bank PO Prelims Mock Test - 11 - Question 27

up and around; up and doing. Active again, especially after an illness or rest

IBPS Bank PO Prelims Mock Test - 11 - Question 28

Directions : In each of the questions, choose the meaning of phrase/idiom (given in bold).

Mr Arjun Singh snapped his fingers at Narasimha Rao and got himself in hot water.

Detailed Solution for IBPS Bank PO Prelims Mock Test - 11 - Question 28

snap one's fingers at - Treat with contempt, scorn, disregard,

IBPS Bank PO Prelims Mock Test - 11 - Question 29

Directions : In each of the questions, choose the meaning of phrase/idiom (given in bold).

We are afraid you may not be led astray in by Arvind’s bad company.

Detailed Solution for IBPS Bank PO Prelims Mock Test - 11 - Question 29

lead someone astray- to direct or guide someone in the wrong direction

IBPS Bank PO Prelims Mock Test - 11 - Question 30

Directions : In each of the questions, choose the meaning of phrase/idiom (given in bold).

To cry wolf

Detailed Solution for IBPS Bank PO Prelims Mock Test - 11 - Question 30

To cry wolf-to cry or complain about something when nothing is really wrong.

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