Direction: You have one brief passage with five questions following the passage. Read the passage carefully and choose the best answer to each question out of the four alternatives.
The public sector banks are witnessing in India a period of transition and are at crossroads, where they without giving up social responsibility, should also remain healthy. They need to undertake risky experiments, yet perform it innovatively in a way it does not fail. They should make forays into new areas which are rarely tread by them and lose no emerging opportunities. It should be understood that absence of any bad advance is no sign of efficient banking system. It only indicates immense conservatism. However this is no guarantee for profit. There should be a balance between liquidity and risk. Past sins should be forgotten. Novel and pragmatic techniques should be adopted without which banks would be in danger.
SOME IMPORTANT WORDS
transition : the process/a period of changing from one state or condition to another.
innovatively : using/introducing new ideas, ways of doing, etc.
forays :an attempt to become involved in a different activity or profession.
tread : used/tried/acted upon
conservatism : the tendency to resist great or sudden change.
liquidity : the state of owning things of value that can easily be exchanged for cash at the
cross: the point at which an roads important choice has to be made
novel :new interesting and different
pragmatic : solving problems in a practical and sensible way rather than by having fixed ideas/ theories