Question:
Read the passage and answer the question that follows.
Vaatsalya Healthcare is one among a rapidly spreading group of "for profit" social enterprises that serve the poor and still bring in profit. Mumbai based Ziqitza, an ambulance services company, is another; it never refuses a patient for lack of money and charges only Rs. 50 to Rs. 200. Entrepreneurial minds with a social conscience are now building such models at a much faster pace than before. Varun Sahni, country director of Acumen Fund, a US based social fund that invests in companies targeting low income communities, says there has been a boom in such enterprises over the past two years, with about 1,000 of them now operating in India. These enterprises work across healthcare, education, rural energy, agriculture, arts and crafts, banking and more. "For profit" entrepreneurs care about social and environmental impact along with financial returns, and because they are answerable to investors, they try to expand the business rapidly. SKS Microfinance, for instance, started in 1998 and now has over 900,000 customers, 440 branches and an outstanding loan disbursement of over Rs. 452 crore as of August 2007.
Which of the following companies does not illustrate the idea explained by the author?
Read the passage and answer the question that follows.
Vaatsalya Healthcare is one among a rapidly spreading group of "for profit" social enterprises that serve the poor and still bring in profit. Mumbai based Ziqitza, an ambulance services company, is another; it never refuses a patient for lack of money and charges only Rs. 50 to Rs. 200. Entrepreneurial minds with a social conscience are now building such models at a much faster pace than before. Varun Sahni, country director of Acumen Fund, a US based social fund that invests in companies targeting low income communities, says there has been a boom in such enterprises over the past two years, with about 1,000 of them now operating in India. These enterprises work across healthcare, education, rural energy, agriculture, arts and crafts, banking and more. "For profit" entrepreneurs care about social and environmental impact along with financial returns, and because they are answerable to investors, they try to expand the business rapidly. SKS Microfinance, for instance, started in 1998 and now has over 900,000 customers, 440 branches and an outstanding loan disbursement of over Rs. 452 crore as of August 2007.
Which of the following companies does not illustrate the idea explained by the author?
Show Hint
Look at which option only provides money to other businesses instead of directly serving low income customers itself.
Updated On: Jul 14, 2026
- SKS Microfinance
- Acumen Fund
- Ziqitza
- Vaatsalya Healthcare
Show Solution
Verified By Collegedunia
The Correct Option is B
Solution and Explanation
This question is based on the passage about "for profit" social enterprises, organisations that serve poor and low income communities while still running as a real, profit making business. The passage names several such enterprises and one investor. We need to pick the option that is NOT itself an enterprise of this kind.
- SKS Microfinance: The passage says SKS Microfinance started in 1998 and now has over 900,000 customers, 440 branches and an outstanding loan disbursement of over Rs. 452 crore. It lends money directly to low income borrowers and earns interest on those loans, so it fits the "for profit" social enterprise pattern the author describes.
- Acumen Fund: The passage describes Acumen Fund as "a US based social fund that invests in companies that target low income communities". This means Acumen Fund puts money into other enterprises, it does not itself run hospitals, ambulances or microfinance branches for the poor. It is an investor sitting one step away from the direct service delivery the author is writing about, so it does not illustrate the idea in the same way the other three do.
- Ziqitza: Ziqitza is named as a Mumbai based ambulance services company that never turns away a patient for lack of money and charges only Rs. 50 to Rs. 200. It delivers a direct paid service to the poor, exactly the model the author describes.
- Vaatsalya Healthcare: This is the very enterprise the passage opens with, a chain of hospitals bringing paediatric surgery and other care to smaller towns on a for profit basis. It is the clearest example of the idea in the passage.
Three of the four options, SKS Microfinance, Ziqitza and Vaatsalya Healthcare, are enterprises that sell a service or product directly to low income customers and earn a profit doing it. Acumen Fund is different: it is a fund that finances such enterprises rather than running one, so it does not illustrate the author's idea in the same direct sense.
Let's summarize:
- SKS Microfinance, Ziqitza and Vaatsalya Healthcare all directly serve low income customers while earning a profit, matching the passage.
- Acumen Fund only invests in such companies, it is a financier, not a service delivering enterprise.
So the company that does not illustrate the author's idea is Acumen Fund, option B.
Was this answer helpful?
0
0
Top SNAP English Questions
- A group of words that share the same spelling and the same pronunciation but have different meanings; e.g. left (opposite of right) and left (past tense of leave)
- Read the passage and then determine the best choice for an answer from the questions given below. Base your choice on what this passage states directly or implies, not on any information you may have got from else where.
"The emancipation of women", James Joyce told one of his friends, "has caused the greatest revolution in our time."
Other modernists agree: Virginia Woolf, claiming that in a about 1910 "human character changed" and illustrating the new balance between the sexes, urged, "Read the 'Agamemon' and see whether your sympathies are not almost entirely with Clytemnestra". D.H. Lawrence wrote "perhaps the deepest fight for 200 years and more has been the fight for women's independence".
But if modernist writers considered women's revolt against men's domination as one of their "greatest" and "deepest" themes, only recently, perhaps in the past 15 years has literary criticism begun to catch up with it. Not that the images of sexual antagonism that abound in modern literature have gone unremarked - far from it. We are able to see in literary works the perspective we bring to them and now that women are enough to make a difference in reforming canons and interpreting literature, the landscapes of literary history and the features of individual books have begun to change. - Choose the correct sentence
- Fill in the blanks and choose the correct definition for the punctuation.
______ is used to indicate possession. - Fill in the blanks and choose the correct definition for the punctuation.
______ is used to mark the end of declarative and imperative sentences.
View More Questions
Top SNAP Reading Comprehension Questions
- Read the passage and then determine the best choice for an answer from the questions given below. Base your choice on what this passage states directly or implies, not on any information you may have got from else where.
"The emancipation of women", James Joyce told one of his friends, "has caused the greatest revolution in our time."
Other modernists agree: Virginia Woolf, claiming that in a about 1910 "human character changed" and illustrating the new balance between the sexes, urged, "Read the 'Agamemon' and see whether your sympathies are not almost entirely with Clytemnestra". D.H. Lawrence wrote "perhaps the deepest fight for 200 years and more has been the fight for women's independence".
But if modernist writers considered women's revolt against men's domination as one of their "greatest" and "deepest" themes, only recently, perhaps in the past 15 years has literary criticism begun to catch up with it. Not that the images of sexual antagonism that abound in modern literature have gone unremarked - far from it. We are able to see in literary works the perspective we bring to them and now that women are enough to make a difference in reforming canons and interpreting literature, the landscapes of literary history and the features of individual books have begun to change. - D. H. Lawrence-1885-1930: The Supreme Triumph For man, the vast marvel is to be alive. For man as for flower and beast and bird, the supreme triumph is to be most vividly, most perfectly alive. Whatever the unborn and the dead may know, they cannot know the beauty, the marvel of being alive in the flesh. The dead may look after the afterwards. But the magnificent here and now of life in the flesh is ours, and ours alone, and ours only for a time. We ought to dance with rapture, that we should be alive and in the flesh, and part of the living, incarnate cosmos. I am part of the sun as my eye is the part of me. That I am part of the earth my feet below know the perfectly, and my blood is part of the sea. My soul knows that I am a part of the human race, my soul is an inorganic part of the great human soul, as my spirit is a part of my nation. In my own very self, I am part of my family. There is nothing of me that is alone and absolute except my mind, and we shall find that the mind has no existence by itself, it is only the glitter of the sun on the surface of the waters. - Apocalypse, 1931.
- Read the following Passage carefully and answer the questions below :
A TED talk (the acronym stands for Technology, Entertainment, and Design) is one of the routes to academic stardom that didn’t exist a decade ago. (The 30th anniversary celebration aside, curators only began posting fame-making free online videos in 2006.) Although TED plays an inordinate role in setting the tone for how ideas are conveyed—not only because of the reach of its videos but also through spinoffs like regional “TEDx” events and the TED Radio Hour, one of the few places nonpolicy intellectuals get substantial on-air time—it’s just one of a number of platforms that are changing the ecology of academic celebrity. These include similar ideas-in-nuggets conclaves, such as the Aspen Ideas Festival and PopTech, along with huge online courses and—yes, still—blogs. These new, or at least newish, forms are upending traditional hierarchies of academic visibility and helping to change which ideas gain purchase in the public discourse.
In a famous essay, “The Unbearable Ugliness of Volvos,” first published in the early 90s, the literary scholar Stanley Fish wrote that “the flourishing of the lecture circuit has brought with it new sources of extra income ... [and] an ever-growing list of stages on which to showcase one’s talents, and geometric increase in the availability of the commodities for which academics yearn, attention, applause, fame, and ultimately, adulation of a kind usuallyreserved for the icons of popular culture.” Fish was Exhibit A among professors taking advantage of such trends, and his trailblazing as a lit-crit celebrity inspired the dapper, globe-trotting littheory operator Morris Zapp, a character in David Lodge’s academic satire Small World. But the world Fish was describing, where no one could live-tweet the lectures, let alone post the talks for worldwide distribution, now seems sepiatoned. “If David Lodge’s Morris Zapp were alive and kicking today,” observes John Holbo, an associate professor of philosophy at the National University of Singapore, and blogger at Crooked Timber and the Valve, “he’d be giving a TED talk, not an MLA talk. Which is to say: He wouldn’t be doing Theory. He probably wouldn’t be in an English department.” - Read the following Passage carefully and answer the questions below :
A spectre is haunting the world, just as Karl Marx and Friedrich Engels wrote in the Communist Manifesto of 1848. This time, however, it is not the spectre of communism but that of neoliberalism. Just as Marx and Engels reported of ‘a holy alliance to exorcise this spectre,’ there is once again an alliance, whether holy or unholy, that has formed to chase the ghost of neoliberalism from the world stage. In any case, it is a curious alliance that has committed to fighting neoliberalism: Religious leaders and artists, environmental activists and globalisation critics, politicians of the left and the right as well as trade unionists, commentators and academics. They all share a passion to unmask neoliberalism as an inhuman, anti-social, and potentially misanthropic ideology or as a cynical exercise by strangely anonymous forces that wish to exploit the world to their own advantage.
The members of this colourful alliance against neoliberalism are as united in their opposition to neoliberalism as they are diverse. This suggests that neoliberalism cannot be too clearly defined as a concept. Rather, it is a broad umbrella under which very different groups with various points of view can meet. In the church of anti-neoliberalism, there is a place for anyone who believes that neoliberalism stands in the way of reaching his or her political goals. This may also explain the lack of any clear and coherent definition of neoliberalism among its dissenters.
Yet the most curious characteristic of neoliberalism is the fact that these days hardly anyone self-identifies as a neoliberal. In former times, ideological debates were fought between, say, conservatives and socialists, collectivists and individualists. While there may not have been any other agreement between these opposing groups, at least they would have agreed about their respective identities. A socialist would not have felt offended by a conservative calling him a socialist and vice-versa. In present-day debates around neoliberalism, on the other hand, most accused of holding ‘neoliberal’ views would not accept being called ‘neoliberal.’ Either they would insist on being something else (whether it is ‘liberal,’ ‘classical liberal,’ or ‘libertarian’), or they would simply claim to be misunderstood by their opponents. In any case, scarcely anybody wants to be a ‘neoliberal’ any more. For example, in an online survey of the readers of Andrew Norton’s blog, out of more than 1,200 participants not a single person selfidentified with the term, while ‘classical liberal,’ ‘conservative,’ and ‘libertarian’ were strong responses. These are strange debates indeed when the enemy you are fighting claims he does not exist. - We can never make our beliefs regarding the world certain. Even scientific theory of a most rigorous and well-confirmed nature is likely to change over a decade or even tomorrow. If we refuse to even try to understand, then it is like resigning from the human race. Undoubtedly life of an unexamined kind is worth living in other respects—as it is no mean thing to be a vegetable or an animal. It is also true that a man wishes to see this speculation domain beyond his next dinner.
From the above passage it is clear that the author believes that
View More Questions
Top SNAP Questions
- In a retail outlet, the average revenue was Rs.10,000 per day over a 30 day period. During this period, the average revenue on weekends (total 8 days) was Rs. 20,000 per day. What was the average daily revenue on weekdays?
- Two different prime numbers X and Y, both are greater than 2, then which of the following must be true?
- It takes 6 hours for pump A, used alone, to fill a tank of water. Pump B alone takes 8 hours to fill the same tank. A, B and another pump C all together fill the tank in 2 hours. How long would pump C take, used alone, to fill the tank?
- A swimming pool can be filled by pipe A in 3 hours and by pipe B in 6 hours, each pump working on its own. At 9 am, pump A is started. At what time will the swimming pool be filled if pump B is started at 10 am?
- The sum of prime numbers that are greater than 60, but less than 70 is :
View More Questions