Passage
The existence/establishment of formal financial institutions that offer safe, reliable, and alternative financial instruments is fundamental in mobilizing savings. To save, individuals need access to safe and reliable financial institutions, such as banks, and to appropriate financial instruments and reasonable financial incentives. Such access is not always available to all people in developing countries like India and more so in rural areas. Savings help poor households manage volatility in cash flow, smooth consumption, and build working capital. Poor households without access to a formal savings mechanism encourage immediate spending temptations.
Question
CSATEasyPrelims 2015Comprehension
What is the crucial message conveyed in the above passage?
Comprehension PYQs from 2015
- View Answer
Geeta: Naresh has become a better boxer since he started meditation. Radha: Impossible. A boxer’s most important asset is his aggressiveness.
Radha’s statement reflects her belief that
- View Answer
Consider the following statements:
- Life on other heavenly bodies is considered to be a possibility.
- Voyage to space is now an established fact.
From the above statements, it may be concluded that:
- View Answer
Which among the following is the most logical corollary to the above passage?
- View Answer
Which one of the following expresses the view implied in the above statement?
- View Answer
Which among the following is the most rational and critical inference that can be made from the above passage?
- View Answer
What is essentially discussed in the above passage?
Trusted by 2L aspirants
Practice UPSC Prelims PYQs Smarter
- Track accuracy & weak areas
- See past trends & repeated themes
PYQs by Subject of 2015
Crack UPSC with your
Personal AI Mentor
An AI-powered ecosystem to learn, practice, and evaluate with discipline
