Passage -1

Like most people of my generation, I was brought up on the saying “Satan finds some mischief still for idle hands to do.” Being a highly virtuous child, I believed all that I was told and acquired a conscience which has kept me working hard down to the present moment. But although my conscience has controlled my actions, my opinions have undergone a revolution. I think that there is far too much work done in the world, that immense harm is caused by the belief that work is virtuous, and that what needs to be preached in modern industrial countries is quite different from what always has been preached.

Before advancing my own arguments for laziness, I must dispose of one which I cannot accept. Whenever a person who already has enough to live on proposes to engage in some everyday kind of job, such as school-teaching or typing, he or she is told that such conduct takes the bread out of other people’s mouths, and is, therefore, wicked. If this argument were valid, it would only be necessary for us all to be idle in order that we should all have our mouths full of bread. What people who say such things forget is that what a man earns he usually spends, and in spending he gives employment. As long as a man spends his income he puts just as much bread into people’s mouths in spending as he takes out of other people’s mouths in earning. The real villain, from this point of view, is the man who saves as they do not give employment. If he invests his savings the matter is less obvious, and different cases arise.

One of the commonest things to do with savings is to lend them to some government. In view of the fact that the bulk of the expenditure of most civilized governments consists in payments for past wars and preparation for future wars, the man who lends his money to a government is in the same position as the bad men in Shakespeare who hire murderers. The net result of the man’s economical habits is to increase the armed forces of the State to which he lends his savings. Obviously, it would be better if he spent the money, even if he spent it on drink or gambling. But, I shall be told, the case is quite different when savings are invested in industrial enterprises. When such enterprises succeed and produce something useful this may be conceded.

With reference to the above passage answer the following questions :

The phrase “Satan finds some mischief still for idle hands to do.” means :

Based on reading of the passage which statement is most true with respect to opinion of author on hard work:

Based on reading of the passage which of the following statements are  true with respect to arguments for laziness presented by the author :

1. Laziness leads to Satan’s mischief.
2. Laziness is good if the belief that rich  people who do hard work, they take up other people’s employment is true.
3. Those who are rich should save money and neither work nor invest so that others can get employment.

Based on reading of the passage which of the following statements are  true about the investment of savings :

1. When people lend their savings to governments indulging in war they are indirectly funding the wars.
2. People should rather spend on gambling and drinking than as investments lead to war.
3. Investments into industrial enterprises have the potential to produce something useful.

Based on reading of the passage which of the following statements can be concluded:

Raj buys lottery tickets every moth with 10% of his salary. The Number of tickets he buys depends upon the price of tickets. The number of tickets bought and prices for last month few months are as follows:

Price of a Ticket           40 50 60 75

Number of tickets bought    60 48 40 32

If the price goes up to 80 , the number of tickets  he will buy will be :

If Raj also spends 40% of his salary on gambling how much money he spends in gambling in a year?

If the chances of his winning the lottery is 2 times less than of gambling, amount should he spend on gambling so as to make the risk same in both?

Given that

Risk= Money spent * chance of winning

Consider the following statements

• Raj has a wife, two sons and two daughters in his family.
• The daughters were invited to a feast and the male members of the family went out to take part in a picnic.
• Raj’s father did not return from his work.

Which of the following statements is true ?

Raj went to the garage on Sunday to notice that in the parking  , the total number of wheels of all the cars (four-wheelers) and scooters/ motorbikes (two-wheelers) is 100 more than twice the number of parked vehicles. The number of cars parked is