IBPS PO Mains English Quiz
The English Language has given heebie-jeebies to many aspirants especially in banking mains examination. To help you ease your preparation, Bankersadda has provided English Language Quiz according to the latest & dynamic pattern of Banking exams. These types of quizzes are useful for IBPS SO other upcoming banking & insurance exams. So, keep calm and practice for upcoming exams. Here is the quiz for 30th November.
Directions
(1-5): Read the following passage carefully and answer the questions given
below it. Certain words are given in bold to help you locate them while
answering some of the questions.
(1-5): Read the following passage carefully and answer the questions given
below it. Certain words are given in bold to help you locate them while
answering some of the questions.
The Reserve Bank of India’s annual report for 2017-18 reveals that 99.3%
of currency notes that were demonetized at midnight on November 8, 2016 have
returned to the banking system. This is only marginally higher than its
provisional estimate last year that over 99% — or 15.28 lakh crore worth of the
old 500 and 1,000 notes — out of the 15.44 lakh crore that were in circulation
at the time had been deposited by June 30, 2017. This makes a couple of things
crystal clear. First, the hope that a large chunk of unaccounted money would
not return to the system — arguably, the principal reason for the exercise —
was almost wholly belied. As a
result, the plan to transfer the arising surplus from the RBI to the Centre,
which was not formally declared but strongly rumored, was a non-starter.
Second, given the sheer logistical
difficulty in penalizing all those who converted unaccounted money into legal
tender, demonetization worked as an unintended amnesty scheme. Despite the
significant cost to the economy, demonetization, to the disappointment of the
Prime Minister’s critics, had no political fallout. Narendra Modi succeeded in
portraying the move as one that would knock out the corrupt rich — a harsh but
necessary shock therapy. This was perhaps why the massive disruption caused by
the overnight removal of 86% of the currency in value terms did not cause
agitations.
of currency notes that were demonetized at midnight on November 8, 2016 have
returned to the banking system. This is only marginally higher than its
provisional estimate last year that over 99% — or 15.28 lakh crore worth of the
old 500 and 1,000 notes — out of the 15.44 lakh crore that were in circulation
at the time had been deposited by June 30, 2017. This makes a couple of things
crystal clear. First, the hope that a large chunk of unaccounted money would
not return to the system — arguably, the principal reason for the exercise —
was almost wholly belied. As a
result, the plan to transfer the arising surplus from the RBI to the Centre,
which was not formally declared but strongly rumored, was a non-starter.
Second, given the sheer logistical
difficulty in penalizing all those who converted unaccounted money into legal
tender, demonetization worked as an unintended amnesty scheme. Despite the
significant cost to the economy, demonetization, to the disappointment of the
Prime Minister’s critics, had no political fallout. Narendra Modi succeeded in
portraying the move as one that would knock out the corrupt rich — a harsh but
necessary shock therapy. This was perhaps why the massive disruption caused by
the overnight removal of 86% of the currency in value terms did not cause
agitations.
Nevertheless, the RBI report, which points to a spurt in counterfeiting of the new 500 and 2,000 notes, raises the
old question all over again. Was it worth the slowdown in growth, the damage to
informal sector supply chains, and job losses in sectors such as construction
that were the bulwark of employment creation for the unskilled? True, there
have been some benefits. For instance, the number of income tax returns filed
has surged a little over the trend growth rate. But surely this could have been
achieved by other policy measures. Cashless modes of payment have become more
common, but financial savings in the form of currency have also risen,
suggesting that people still value cash. Not all policy choices work out and
accepting mistakes or planning flaws helps strengthen governance processes. For
example, learning from the UPA’s mistakes, a cleaner auction process for
natural resources has been worked out.
old question all over again. Was it worth the slowdown in growth, the damage to
informal sector supply chains, and job losses in sectors such as construction
that were the bulwark of employment creation for the unskilled? True, there
have been some benefits. For instance, the number of income tax returns filed
has surged a little over the trend growth rate. But surely this could have been
achieved by other policy measures. Cashless modes of payment have become more
common, but financial savings in the form of currency have also risen,
suggesting that people still value cash. Not all policy choices work out and
accepting mistakes or planning flaws helps strengthen governance processes. For
example, learning from the UPA’s mistakes, a cleaner auction process for
natural resources has been worked out.
The government must not disown its biggest reform attempt or try to
sidestep parliamentary scrutiny of the outcomes of demonetization. Instead, it
could focus on fixing the problems that people still face — transactions with
2,000 notes in the absence of 1,000 notes are difficult as it is a departure
from the currency denomination principle (every note should be twice or two and
a half times its preceding denomination). Even as these issues are sorted out,
the larger lesson must be heeded: sudden shocks to the economy don’t always
yield intended policy objectives. The introduction of the goods and services
tax (GST) last year has only spurred
India to move even further away from the discretion-based
approach. The introduction of GST has only underlined the audit trails in
economic transactions, making it that much more difficult to conceal money.
sidestep parliamentary scrutiny of the outcomes of demonetization. Instead, it
could focus on fixing the problems that people still face — transactions with
2,000 notes in the absence of 1,000 notes are difficult as it is a departure
from the currency denomination principle (every note should be twice or two and
a half times its preceding denomination). Even as these issues are sorted out,
the larger lesson must be heeded: sudden shocks to the economy don’t always
yield intended policy objectives. The introduction of the goods and services
tax (GST) last year has only spurred
India to move even further away from the discretion-based
approach. The introduction of GST has only underlined the audit trails in
economic transactions, making it that much more difficult to conceal money.
Finance minister Arun Jaitley had disclosed last week, in a social media
post, that the number of income tax returns almost doubled from 38 million in
2013-14 to 68.6 million in fiscal 2017-18.While it was never the Plan A of the
demonetization strategy, the growth in digital money has got a big leg-up. With
e-commerce poised to accelerate, there is every reason to believe that this
will only gather further momentum. Exactly why foreign investors,
including Warren Buffet, are lining up
for a slice of the action. Finally, the biggest let-down has been that politics
of confrontation has denied the country a fair debate on demonetization.
Disruption in Parliament ensured that we never really heard from the finance
minister on the logic of the move, the extent of black money and so on.
post, that the number of income tax returns almost doubled from 38 million in
2013-14 to 68.6 million in fiscal 2017-18.While it was never the Plan A of the
demonetization strategy, the growth in digital money has got a big leg-up. With
e-commerce poised to accelerate, there is every reason to believe that this
will only gather further momentum. Exactly why foreign investors,
including Warren Buffet, are lining up
for a slice of the action. Finally, the biggest let-down has been that politics
of confrontation has denied the country a fair debate on demonetization.
Disruption in Parliament ensured that we never really heard from the finance
minister on the logic of the move, the extent of black money and so on.
Q1.How did the demonetization work as an undevised official pardon for
some people?
some people?
(a) As cashless modes of payment proved beneficial for people denying
the fact that people value money more in the form of cash.
the fact that people value money more in the form of cash.
(b) As it acted in corrupting the rich people.
(c) As on account of demonetization people could convert unaccounted
money into legal tender.
money into legal tender.
(d) As some people got scared of the wrath of the government and
voluntarily admitted their undisclosed incomes.
voluntarily admitted their undisclosed incomes.
(e) All of these.
L1Difficulty 3
QTags Reading Comprehension
Q2. Despite many critics why demonetization had no political fallout?
(a) Because of the trend in growth rate.
(b) As it did not provide job losses in sectors.
(c) Because of the backup and policy enhancements provided by top financial
and banking institutions
and banking institutions
(d) As it was very well portrayed that it would wipe out the corrupt
rich.
rich.
(e) As the introduction of GST along with it proved to be beneficial.
L1Difficulty 3
QTags Reading Comprehension
Q3.Among the following options which is the benefit of demonetization
that has been proved? (Answer only in the context of the passage.)
that has been proved? (Answer only in the context of the passage.)
(a) Job increment in sectors as construction
(b)The number of income tax returns filed has surged a little over the
trend growth rate.
trend growth rate.
(c) Lower formalization of economic activities.
(d) Providing counterfeit cash to fund illegal activity and terrorism.
(e) All of these.
L1Difficulty 3
QTags Reading Comprehension
Q4.Which one of the statements is definitely false according to the
given passage?
given passage?
(a)Cashless payments became more prevalent in the phase of
demonetization.
demonetization.
(b)The number of income tax returns tripled from 2013-14 to 2017-18
(c)Despite the significant cost to the economy, demonetization had no
political fallout.
political fallout.
(d)A large chunk of unaccounted money returned to the system-the
principal reason of the exercise of demonetization.
principal reason of the exercise of demonetization.
(e) None of these.
L1Difficulty 3
QTags Reading Comprehension
Q5.In which way has the introduction of GST yielded intended policy
objective?
objective?
(a) As the financial institutions were expected to see an increase in
the number of commercial loan borrowers.
the number of commercial loan borrowers.
(b)The insurance premiums and investments became costlier due to higher
GST rate.
GST rate.
(c)By underlining audit trails in economic transactions making it more
difficult to conceal money.
difficult to conceal money.
(d)Market for real estate estimated to decrease after GST.
(e) None of these.
L1Difficulty 3
QTags Reading Comprehension
Directions
(6-8): Find out the word from the given option which is similar in meaning to
the word given in bold in the passage .
(6-8): Find out the word from the given option which is similar in meaning to
the word given in bold in the passage .
Q6.Belied
(a)Attested
(b)Affirmed
(c)Contradict
(d)Revealed
(e)Verified
L1Difficulty 3
QTags Synonym
Q7.Sheer
(a)Gradual
(b)Moderate
(c)Unmitigated
(d)Temperate
(e)Allay
L1Difficulty 3
QTags Synonym
Q8.Spurt
(a)Drizzle
(b)Drip
(c)Dribble
(d)Trickle
(e)Gush
L1Difficulty 3
QTags Synonym
Directions
(9-10): Find out the word from the given option which is opposite in meaning to
the word given in bold in the passage .
(9-10): Find out the word from the given option which is opposite in meaning to
the word given in bold in the passage .
Q79.Discretion
(a)Prudence
(b)Discernment
(c)Caution
(d)Sagacity
(e)Insanity
L1Difficulty 3
QTags Antonym
Q10.Spurred
(a)Barbed
(b)Impelled
(c)Instigated
(d)Curbed
(e) Remind
L1Difficulty 3
QTags Antonym
Directions (11-15): Read each sentence, divided into five parts, to find
out whether there is any grammatical or idiomatic error in it. The error, if
any, will be in one part of the sentence. Below each sentence you are provided
with five options. The first three options suggest you the possible sequences
of the correct parts of the sentence. Choose the sequence which consists of
correct parts of the sentence. If there is no error in the sentence, choose
option (d). If none of the options gives the correct sequence and if there is
indeed an error in some parts of the sentence, choose (e) as your option.
out whether there is any grammatical or idiomatic error in it. The error, if
any, will be in one part of the sentence. Below each sentence you are provided
with five options. The first three options suggest you the possible sequences
of the correct parts of the sentence. Choose the sequence which consists of
correct parts of the sentence. If there is no error in the sentence, choose
option (d). If none of the options gives the correct sequence and if there is
indeed an error in some parts of the sentence, choose (e) as your option.
Q11. Chief Minister Mamata Banerjee, a strong female politician, who is
now in Darjeeling, (A)/ is expected (B)/ to cut short his visit (C)/ and return
to Kolkata (D)/ on Wednesday and visit the site (E).
now in Darjeeling, (A)/ is expected (B)/ to cut short his visit (C)/ and return
to Kolkata (D)/ on Wednesday and visit the site (E).
(a) bcde
(b) acde
(c) abde
(d) No error
(e) None of these
L1Difficulty 3
QTags error correction
Q12. The domestic currency had lost 37 paise (A)/ to end besides a fresh
lifetime low (B)/ of 71.58 against (C)/ the resurgent (D)/ dollar on Tuesday
(E).
lifetime low (B)/ of 71.58 against (C)/ the resurgent (D)/ dollar on Tuesday
(E).
(a) acde
(b) abde
(c) abcd
(d) No error
(e) None of these
L1Difficulty 3
QTags error correction
Q13. Rafael Nadal were pushed (A)/ to the very limit (B)/ by a spirited
Dominic Thiem (C)/ in their US Open quarter-final (D)/ on Tuesday night (E).
Dominic Thiem (C)/ in their US Open quarter-final (D)/ on Tuesday night (E).
(a) abde
(b) bcde
(c) acde
(d) No error
(e) None of these
L1Difficulty 3
QTags error correction
Q14. Weather was a hot topic (A)/ at the US Open again (B)/ as players
again battled high heat and humidity (C)/ as well as each other (D)/ in a bid
for semi-final berths (E).
again battled high heat and humidity (C)/ as well as each other (D)/ in a bid
for semi-final berths (E).
(a) abcd
(b) acde
(c) abce
(d) No error
(e) None of these
L1Difficulty 3
QTags error correction
Q15. Bollywood actor Priyanka Chopra (A)/ is having (B)/ a gala time
(C)/ with fiancé and singer Nick Jonas (D)/ at the US Open(E).
(C)/ with fiancé and singer Nick Jonas (D)/ at the US Open(E).
(a) abcd
(b) bcde
(c) acde
(d) No error
(e) None of these
L1Difficulty 3
QTags error correction
Solutions
S1. Ans. (c)
Sol. Option (c) is the appropriate choice. Refer to paragraph 1 where it
is given that the sheer logistical difficulty in penalizing all those who
converted unaccounted money into legal tender, demonetization worked as an
unintended amnesty scheme.
is given that the sheer logistical difficulty in penalizing all those who
converted unaccounted money into legal tender, demonetization worked as an
unintended amnesty scheme.
S2. Ans. (d)
Sol. Option (d) is the correct choice. The answer is given in the
paragraph 1 itself where it is mentioned that despite of many critics,
demonetization had no political fallout. This is because Narendra Modi
succeeded in portraying the move as one that would knock out the corrupt rich.
Hence the answer is option (d).
paragraph 1 itself where it is mentioned that despite of many critics,
demonetization had no political fallout. This is because Narendra Modi
succeeded in portraying the move as one that would knock out the corrupt rich.
Hence the answer is option (d).
S3. Ans. (b)
Sol. The most appropriate option is option (b).Refer to paragraph 2
where it is given that demonetization has resulted in various degrading factors
such as slowdown in growth, the damage to informal sector supply chains, and
job losses in sectors but apart from that it has also proved to be beneficial
in one of the sectors and the one that is mentioned in the paragraph is “the
number of income tax returns filed has surged a little over the trend growth
rate.”
where it is given that demonetization has resulted in various degrading factors
such as slowdown in growth, the damage to informal sector supply chains, and
job losses in sectors but apart from that it has also proved to be beneficial
in one of the sectors and the one that is mentioned in the paragraph is “the
number of income tax returns filed has surged a little over the trend growth
rate.”
S4. Ans. (b)
Sol. Only option (b) is the appropriate choice. The number of income tax
returns did not triple from 2013-14 to 2017-18 instead they doubled in this
period. This can be inferred from last paragraph where the text is quoted as, “Finance
minister Arun Jaitley had disclosed last week, in a social media post, that the
number of income tax returns almost doubled from 38 million in 2013-14 to 68.6
million in fiscal 2017-18.”
returns did not triple from 2013-14 to 2017-18 instead they doubled in this
period. This can be inferred from last paragraph where the text is quoted as, “Finance
minister Arun Jaitley had disclosed last week, in a social media post, that the
number of income tax returns almost doubled from 38 million in 2013-14 to 68.6
million in fiscal 2017-18.”
S5. Ans. (c)
Sol. The appropriate answer is option (c).Refer to paragraph 3 where the
text is quoted as “ The introduction of GST has only underlined the audit
trails in economic transactions, making it that much more difficult to conceal
money.”
text is quoted as “ The introduction of GST has only underlined the audit
trails in economic transactions, making it that much more difficult to conceal
money.”
S6. Ans. (c)
Sol. Belied means fail to give a true impression of something.
Contradict means deny the truth of (a statement) by asserting the
opposite.
opposite.
Hence it means the same.
Attested means declare that something exists or is the case.
Revealed means caused or allowed to be seen.
S7. Ans. (c)
Sol. Sheer means nothing other than; unmitigated (used for emphasis).
Temperate means showing moderation or self-restraint.
Allay means diminish or put at rest (fear, suspicion, or worry).
S8. Ans. (e)
Sol. Spurt means move with a sudden burst of speed.
Gush means a rapid and plentiful stream or burst of something.
Drizzle means light rain falling in very fine drops.
Dribble means pour (a liquid) slowly in a thin stream.
S9. Ans.(e)
Sol. Discretion means the quality of behaving or speaking in such a way
as to avoid causing offence or revealing confidential information.
as to avoid causing offence or revealing confidential information.
Insanity means irrationality.
Prudence means cautiousness.
Discernment means the ability to judge well.
Sagacity means understanding.
S10. Ans. (d)
Sol. Spurred means promote the development of; stimulate.
Curbed means restrained or kept in check.
Barbed means deliberately hurtful.
Impelled means forced or urged to do something.
Instigated means brought about or initiated.
S11. Ans. (c)
Sol. The error is in the phrase ‘to cut short his visit’. The use of the
pronoun ‘his’ is incorrect because the antecedent of the pronoun is a female.
Hence, the correct answer is option (c).
pronoun ‘his’ is incorrect because the antecedent of the pronoun is a female.
Hence, the correct answer is option (c).
S12. Ans. (a)
Sol. There is an error in the part (B) ‘to end besides a fresh lifetime
low’. The use of the preposition ‘besides’ is incorrect to the context of the
sentence. The correct preposition to use is ‘at’. Hence, the correct answer is
option (a).
low’. The use of the preposition ‘besides’ is incorrect to the context of the
sentence. The correct preposition to use is ‘at’. Hence, the correct answer is
option (a).
S13. Ans. (b)
Sol. There is an error in the part (A) ‘Rafael Nadal were pushed’. The
nominative of the sentence ‘Rafael Nadal’ is singular. So, ‘was’ should have
been used instead of ‘were’. Hence, the correct answer is option (b).
nominative of the sentence ‘Rafael Nadal’ is singular. So, ‘was’ should have
been used instead of ‘were’. Hence, the correct answer is option (b).
S14. Ans. (e)
Sol. There is an error in the part (A) ‘Weather was a hot topic’. The
noun phrase ‘weather’ seems to be missing a determiner before it. The article
‘the’ should be used.
noun phrase ‘weather’ seems to be missing a determiner before it. The article
‘the’ should be used.
Hence, the correct answer is ‘none of these’.
S15. Ans. (d)
Sol. The given sentence is grammatically correct. Hence, option (e) is
the correct answer.
the correct answer.
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