Sbi Clerk Prelims Exam Template With Answers Page 4
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16SBI Clerk Prelims Model Paper - 2
In my opinion, none of these arguments address the
FDI may, therefore, not be so different from offsets
specific and unique needs of the defence sector in
in terms of local manufacture, jobs, or money spent.
India. Whatever else these measures might achieve,
they will not help accomplish what must surely be
21. Which of the following company name is
the main goal, namely to build self-reliance in
mentioned in the above passage?
advanced military technology and reduce India’s
debilitating dependence on foreign suppliers in the
(A) Sukhoi
area of national security. The FDI inflow itself tells
(B) Mikoyan Gurevich
a tale. All the liberalised provisions since 2001 have
(C) Dassault
led to a meagre inflow of only $4.8 billion, in an
(D) Hindustan Aeronautics Limited
overall FDI inflow of around $334 billion. It may be
(E) None of the above
argued that it is too early to judge, but there are
actually good reasons why defence companies do
22. Why the author is insisting more on Technology
not and will not find FDI in another country
transfer rather than FDI inflow?
attractive, and why there are few such examples
across the world.
(A) Because technology transfer will result in
the manufacturing of defence equipments
FDI means a long-term presence in India, and good
indigenously.
returns on investment are possible only if repeat
(B) Because FDI will result in the lesser money
orders or contracts for newer models are assured.
inflow.
But, unlike cars or white goods, that will not always
(C) Because major companies are afraid due to
happen in military equipment. There may be gaps of
the non commitment by government.
many years or even decades between orders. For
(D) Both (a) and (b)
instance, India bought the Mirage 2000 in the 1980s
(E) Both (a) and (c)
and has clinched the Rafale deal this year, both
from Dassault of France. In France itself, however,
23. Which of the following statement(s) is are
Dassault is reasonably assured of continuous
FALSE in the context of the passage.
business from regular domestic and European
orders, as well as from staggered exports. Foreign
I.
Public sector defence companies are
subsidiaries or substantial FDI will, thus, always put
fulfilling the needs of armed forces of
pressure on India for repeat orders. Would
the country.
dependence on a Lockheed Martin (India) or a
II.
Management of the public sector
Bharat Boeing be really very different from
defence companies are better than that of
dependence on the U.S. principals? Yes, more of
the private sector defence companies.
India’s money will be spent in India rather than in
III.
India imports arms and equipments
other countries. But the Defence Procurement
without technology transfer.
Policy anyway mandates 30 per cent offsets (50 per
(A) All I, II and III
cent in high-value contracts). In other words, the
(B) Only II and III
supplier must spend 30 per cent of the contracted
(C) Only I and II
value within India through local manufacture and
(D) Only III
services. On the other hand, even if manufacture
(E) Only I
were by an Indian subsidiary, some specialised
technology or components will always need to be
24. Which of the following statement(s) is/ are
imported. As is the case in car manufacture by
TRUE in the context of the passage?
Korean or Japanese subsidiaries in India, where
numerous models that sell in smaller volumes are
I.
There are gaps of many years between
only assembled in India with imported components.
defence orders.
Page 4
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