For the following 12 Questions
In the following passage there are blanks, each of which has
been numbered. These numbers are printed below the passage and against each, five words are
suggested, one of which fits the blank appropriately. Find out the appropriate word in each case.
With the announcement that he would donate Rs. 8,846 crore of his equity in the company
to the philanthropic trust he controls, the Founder and Chairman of Infotech giant Wipro Ltd. ,
Azim Premji has set the .....(19)..... very high for other mega rich businessmen of the country. The
28th richest man in the world, and India’s third richest, could not have made a better and more
sound ....(20)... choice than this. His Azim Premji Foundation is already working in the rural areas
of the country to improve the quality of education and is now in the process of setting up a
university for the poor. This .....(21)..... will be a welcome addition to the kitty of a sector that has
the capability to transform India but is badly handicapped due to the lack of adequate funding.
Other IT majors Infosys, MindTree, TCS and HCL also support programmes that support social
equity.
At a time when India’s economic footprint on the global stage is rising, the .....(22)....
between the different strata of society has also been increasing. This is not a positive
development and the underprivileged sections need to be equipped with life skills so that they too
can be a part of the growth story. A very basic requirement of this life skills development is to
educate them and make them employable. The fact that most of the heads of these IT majors are
......(23)..... first-generation entrepreneurs ......(24)..... that education, more than anything else, is
a great leveler. At the same time, the improved economic conditions will also push up people into
the middle-class bracket and make India a much more attractive market.
According to Forbes, which keeps a tab on the ....(25).... of the rich and famous, India has
69 billionaires. Yet how many consider ......(26).... as a priority when it comes to spending ?
Industry reports indicate that Indians spend about Rs. 30,000 crore a year on charitable ....(27)....
and this includes the money spent by companies on their corporate social responsibility
programmes. This is not .....(28).... and Indians, especially the corporate czars, have much more
ability to give. In a foreword to Corporate Social Responsibility in India, MS Swaminathan
correctly says : “Just as good ecology is good business, good philanthropy will also be good
business in the ....(29).... term”. Should the country institutionalise CSR interventions to deal
....(30)... malnutrition, education, health, unemployment and poverty ? The government would
welcome a helping hand, wouldn’t it ?