CLAT Sample Paper UG-CLAT Mock Test-2 (2020)

  • question_answer
    Study the following passage carefully and answer the questions given below:
    Social issues are fought by social banking which focuses on satisfying the needs of the economy and society, while also considering one’'s social, cultural, ecological and economic sustainability. According to the Institute for Social Banking, social banking is described as a positive contribution to the potential of all human beings to develop in the present as well as in the future. Social Banks are defined by Benedikter by being a "“bank with a conscience”". Social bank focus on investing in the community, provide help to those who are in need of help as well as support social, environmental and ethical agendas. Social banks try to close the gap in social issues that are focused around social issues within the banking industry and try to help by investing their money in endeavors that only promote the greater good of the society instead of profit ventures. That is why social banks’ main focus is on promoting human and environmental well-being and lends money for those projects for a purpose.
    According to Benedikter, why social banking has conscience?

    A) It deals with economic sustainability

    B) It tries to close the gap in social issues

    C) It lends money for various projects

    D) It contributes for human potential

    Correct Answer: B

    Solution :

    (b) Reasoning Type: Traditional Logic\[\to \] assuming premises are correct Focus of the question: Assumption\[\to \]find the possible fact behind a phenomenon Relationship analogy: Group analogy\[\to \]Where several objects together make a group is known as Object and Group Analogy The question focuses on the right assumption oh the idea of Benedikter for social banking to have conscience. It has conscience because it focuses on investing in the community, provide help to those who are in need of help as well as support social, environmental and ethical agendas.


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