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 in the form of 30 Days study plan for IBPS PO Mains 2019. These types of quizzes are useful for IBPS PO 2019 mains & other upcoming banking & insurance exams. So, keep calm and practice for upcoming exams. Here is the quiz for 5th November.
Directions (1-5): In the following questions a
sentence is given, some parts of the sentence are given in bold which may have
grammatical or spelling error or they may be contextually incorrect. Two
columns (A) and (B) are given, column (A) consists of bold parts of the
sentence and column (B) consists of the appropriate replacement for the bold
parts. Match the correct replacements. If the sentence is correct mark no error
as your answer.
sentence is given, some parts of the sentence are given in bold which may have
grammatical or spelling error or they may be contextually incorrect. Two
columns (A) and (B) are given, column (A) consists of bold parts of the
sentence and column (B) consists of the appropriate replacement for the bold
parts. Match the correct replacements. If the sentence is correct mark no error
as your answer.
Q1. The courts’ order banning construction in states and Union
territories that have failed to inform the
Supreme Court of their respective policies to manage solid waste disposal is a lot worst than the headmaster’s
cavalier order.
territories that have failed to inform the
Supreme Court of their respective policies to manage solid waste disposal is a lot worst than the headmaster’s
cavalier order.
COLUMN A COLUMN
B
B
(A) The courts’ order banning (I)
The court’s order banning
The court’s order banning
(B) that have failed to
inform (II)
those have failed to inform
inform (II)
those have failed to inform
(C) of their respective
policies (III)
of their respectively policies
policies (III)
of their respectively policies
(D) is a lot worst than (IV)
is a lot worse than
is a lot worse than
(a) D-IV and B-II
(b) B-II and C-III
(c) A-I and D-IV
(d) None of the given
options are correct
options are correct
(e) no error
Q2. A coalition of companies are coming together to set off air mobility services that could ideally change the
urban landscape and essentially what we mean by the term ‘city’ itself. Uber, which is bringing this coalition of
aircraft manufacturers, battery companies, realty firms and governments, calls
it the most radical effort ever to
transform urban transportation.
urban landscape and essentially what we mean by the term ‘city’ itself. Uber, which is bringing this coalition of
aircraft manufacturers, battery companies, realty firms and governments, calls
it the most radical effort ever to
transform urban transportation.
COLUMN A COLUMN
B
B
(A) A coalition of
companies are (I)
A coalition of companies is
companies are (I)
A coalition of companies is
(B) to set off air
mobility services (II) to
set up air mobility services
mobility services (II) to
set up air mobility services
(C) which is bringing this
coalition (III) which is to
bring these coalition
coalition (III) which is to
bring these coalition
(D) the most radical
effort ever (IV)
more than radical effort ever
effort ever (IV)
more than radical effort ever
(a) A-I and B-II
(b) D-IV and C-III
(c) D-IV and B-II and
C-III
C-III
(d) None of the given
options are correct
options are correct
(e) no error
Q3. The Kerala floods has been attributed to mismanagement of
reservoirs, construction at sites that
are of-limits, changes in land use patterns, destruction of forests and
very heavy rain over weeks. Recently, other parts of the world too experienced extreme events. Sweden and Norway had large number of wildfire that broke out
with heat waves this summer.
reservoirs, construction at sites that
are of-limits, changes in land use patterns, destruction of forests and
very heavy rain over weeks. Recently, other parts of the world too experienced extreme events. Sweden and Norway had large number of wildfire that broke out
with heat waves this summer.
COLUMN A COLUMN
B
B
(A) has been attributed to (I) have been
attributed to
attributed to
(B) construction at sites
that are of-limits (II) construction at
sites that are off-limits
that are of-limits (II) construction at
sites that are off-limits
(C) the world too
experienced extreme events (III) the
world to experienced extreme events
experienced extreme events (III) the
world to experienced extreme events
(D) had large number of
wildfire (IV) had a
large number of wildfires
wildfire (IV) had a
large number of wildfires
(a) A-I and B-II
(b) D-IV and C-III
(c) D-IV and B-II and A-I
(d) None of the given
options are correct
options are correct
(e) no error
Q4. The Law Commission’s consultation paper on reform of family laws is
a progressive document that avoids the
advocacy of a uniformly civil code merely for the sake of uniformity.
Instead, it adopts an approach that
would facilitate movement towards establishing a body of civil law that promotes equality to the law
governing each community.
a progressive document that avoids the
advocacy of a uniformly civil code merely for the sake of uniformity.
Instead, it adopts an approach that
would facilitate movement towards establishing a body of civil law that promotes equality to the law
governing each community.
COLUMN A COLUMN
B
B
(A) The Law Commission’s
consultation paper (I) The Law
Commission consultation paper
consultation paper (I) The Law
Commission consultation paper
(B) the advocacy of a
uniformly civil code (II) the advocacy of
a uniform civil code
uniformly civil code (II) the advocacy of
a uniform civil code
(C) that would facilitate
movement (III)
than would facilitate movement
movement (III)
than would facilitate movement
(D) that promotes equality
to the law (IV)
that promotes equality within the law
to the law (IV)
that promotes equality within the law
(a) A-I and C-III
(b) D-IV and C-III
(c) D-IV and B-II and A-I
(d) None of the given
options are correct
options are correct
(e) no error
Q5. While there are disruptions to crude supply from Iran and
Venezuela, there is widespread concern
that the global oil market will get
squeezed over the next few months as US sanctions restrict crude exports from Iran.
Venezuela, there is widespread concern
that the global oil market will get
squeezed over the next few months as US sanctions restrict crude exports from Iran.
COLUMN A COLUMN
B
B
(A) While there are
disruptions (I)
Moreover, there are disruptions
disruptions (I)
Moreover, there are disruptions
(B) there is widespread
concern (II)
there is widespread concerns
concern (II)
there is widespread concerns
(C) will get squeezed over (III) will
get squeezed into
get squeezed into
(D) restrict crude exports
from Iran (IV)
restrict crude exports with Iran
from Iran (IV)
restrict crude exports with Iran
(a) A-I and B-II
(b) D-IV and C-III
(c) D-IV and B-II and A-I
(d) None of the given
options are correct
options are correct
(e) no error
Directions (6- 10): Read the following passage
carefully and answer the questions given below them.
carefully and answer the questions given below them.
Paragraph 1: The crisis of 2008 is supposed to have heralded an
end to the dominance of capital over labour. It has not turned out that way. In
fact, things have become worse for the working class. It is a triple whammy for
them now. Last week, in his recent Monetary Authority of Singapore lecture in
Singapore, Raghuram Rajan mentioned that the physical distance between a bank
branch and its clients has been rising over time. It peaked before the crisis
of 2008 and crashed, and then has been creeping higher again. The study
pertains to the US. Banks give loans to all comers as competition forces them
to take on unfamiliar risk, and it is then offloaded to other counterparties
who are even further removed from the client. No monitoring or handholding. No
surprises that banks get into trouble with their assets; they lose value; and
the bank creditors are then bailed out by taxpayers. That is how “bullshit”
jobs are created.
end to the dominance of capital over labour. It has not turned out that way. In
fact, things have become worse for the working class. It is a triple whammy for
them now. Last week, in his recent Monetary Authority of Singapore lecture in
Singapore, Raghuram Rajan mentioned that the physical distance between a bank
branch and its clients has been rising over time. It peaked before the crisis
of 2008 and crashed, and then has been creeping higher again. The study
pertains to the US. Banks give loans to all comers as competition forces them
to take on unfamiliar risk, and it is then offloaded to other counterparties
who are even further removed from the client. No monitoring or handholding. No
surprises that banks get into trouble with their assets; they lose value; and
the bank creditors are then bailed out by taxpayers. That is how “bullshit”
jobs are created.
Paragraph 2: Modern capitalism creates plenty of “bullshit” jobs
as greed sends investors, firms and corporations off to faraway lands and makes
them deal with unfamiliar counterparties domestically as well. The absence of
trust—obviously difficult to establish easily or quickly when dealing with
strangers—results in multiple checks, counter-checks, verifications, referrals,
know your customer certifications, etc. They are in jobs that they do not find
meaningful, nor do such jobs make a difference to the world.
as greed sends investors, firms and corporations off to faraway lands and makes
them deal with unfamiliar counterparties domestically as well. The absence of
trust—obviously difficult to establish easily or quickly when dealing with
strangers—results in multiple checks, counter-checks, verifications, referrals,
know your customer certifications, etc. They are in jobs that they do not find
meaningful, nor do such jobs make a difference to the world.
Paragraph 3: The second hex is that not only are they in
“bullshit” jobs, but these jobs are now “contracted” out with substantial
reductions in pay and benefits. Even as India is trying to formalize its
workforce, we hear that America is furiously paddling in the opposite
direction. A well-researched article in Politico points to the fact that in a
couple of sectors, the extent of “informalisation” of the workforce is more
than 50%. They are euphemistically referred to as “alternative work
arrangements”. For the economy overall, it is still not a pervasive thing but
the trend is in the wrong direction. Arms-length capitalism and greed are not
done with immiserating workers. The introduction of technology renders workers
redundant or expects them to constantly upgrade themselves with no guarantee of
rewards in the end. Workers are in a perpetual race with technology and fellow
workers (not to mention job seekers) to remain relevant to the employer. It is
taking a toll.
“bullshit” jobs, but these jobs are now “contracted” out with substantial
reductions in pay and benefits. Even as India is trying to formalize its
workforce, we hear that America is furiously paddling in the opposite
direction. A well-researched article in Politico points to the fact that in a
couple of sectors, the extent of “informalisation” of the workforce is more
than 50%. They are euphemistically referred to as “alternative work
arrangements”. For the economy overall, it is still not a pervasive thing but
the trend is in the wrong direction. Arms-length capitalism and greed are not
done with immiserating workers. The introduction of technology renders workers
redundant or expects them to constantly upgrade themselves with no guarantee of
rewards in the end. Workers are in a perpetual race with technology and fellow
workers (not to mention job seekers) to remain relevant to the employer. It is
taking a toll.
Paragraph 4: There is a danger in proposing “arms-around”
capitalism as an alternative to arms-length capitalism. For some, the other
name for “arms-around” capitalism is cronyism. Cronyism is different from
relationship or “arms-around” capitalism. Cronyism plays favourites.
Relationship or “arms-around” capitalism is about familiarity and proximity. It
is not about enriching cronies. It is actually about moderating greed and
sticking to familiar and less risky avenues to grow. If “arms-length”
capitalism gives way to “arms-around” capitalism, economic growth will slow
down but systemic stability will improve considerably. How to bring about this
switch? There is a route that holds promise. For that to happen, intellectuals and
academics have to wake up from their slumber. While there is much talk of
secular stagnation, decline in trend economic growth and the consequent decline
in real rates of interest, returns to capital have not declined. If anything,
profit growth is beating records.
capitalism as an alternative to arms-length capitalism. For some, the other
name for “arms-around” capitalism is cronyism. Cronyism is different from
relationship or “arms-around” capitalism. Cronyism plays favourites.
Relationship or “arms-around” capitalism is about familiarity and proximity. It
is not about enriching cronies. It is actually about moderating greed and
sticking to familiar and less risky avenues to grow. If “arms-length”
capitalism gives way to “arms-around” capitalism, economic growth will slow
down but systemic stability will improve considerably. How to bring about this
switch? There is a route that holds promise. For that to happen, intellectuals and
academics have to wake up from their slumber. While there is much talk of
secular stagnation, decline in trend economic growth and the consequent decline
in real rates of interest, returns to capital have not declined. If anything,
profit growth is beating records.
Paragraph 5: Central bankers and their monetary policies are the
culprits. Central bankers have to stop their practice of supporting and
boosting asset values in the guise of implementing their mandate of full
employment and price stability. Simply put, returns to capital cannot be
risk-free. If cost of capital were to reflect risk, interest rates must be
brought to normal levels faster and not more slowly. If that requires policy
opaqueness, uncertainty and surprises, central bankers must embrace them rather
than chant the mantras of transparency and predictability that have only
facilitated a secular and risk-free boom in returns to capital and stagnation
for workers.
culprits. Central bankers have to stop their practice of supporting and
boosting asset values in the guise of implementing their mandate of full
employment and price stability. Simply put, returns to capital cannot be
risk-free. If cost of capital were to reflect risk, interest rates must be
brought to normal levels faster and not more slowly. If that requires policy
opaqueness, uncertainty and surprises, central bankers must embrace them rather
than chant the mantras of transparency and predictability that have only
facilitated a secular and risk-free boom in returns to capital and stagnation
for workers.
Q6. “triple
whammy of workers” has been defined in the passage. What are they?
whammy of workers” has been defined in the passage. What are they?
(I) The growth
self- employed workers have risen as the rate of formal job has decreased.
(II) The workers are experiencing reduction in their salary and perks.
(III) The introduction to technology is whammy for workers making them to be
updated with technology.
self- employed workers have risen as the rate of formal job has decreased.
(II) The workers are experiencing reduction in their salary and perks.
(III) The introduction to technology is whammy for workers making them to be
updated with technology.
(IV) The workers
are engaged in such unreliable and unproductive jobs that it does not
contribute much to an economy.
are engaged in such unreliable and unproductive jobs that it does not
contribute much to an economy.
(a) Only (I)
(b) Only (II) and (III)
(c) Only (II), (III) and (IV)
(d) Only (I), (II) and (III)
(e) All are correct
(b) Only (II) and (III)
(c) Only (II), (III) and (IV)
(d) Only (I), (II) and (III)
(e) All are correct
Q7. According
to the passage, what is/ are factor(s) responsible for “bullshit” jobs?
to the passage, what is/ are factor(s) responsible for “bullshit” jobs?
(a) High
dependence on other sources of resources.
(b) Bank crises leading to the unproductive jobs.
(c) The dependence of an economic and political system by private owners.
dependence on other sources of resources.
(b) Bank crises leading to the unproductive jobs.
(c) The dependence of an economic and political system by private owners.
(d) both (b)
and (c)
(e) All are correct
and (c)
(e) All are correct
Q8. In context
of paragraph 4, which type of danger related to “arms-around” capitalism does
the author is talking about?
of paragraph 4, which type of danger related to “arms-around” capitalism does
the author is talking about?
(I) bringing
assets into troubles.
(II) limiting the investment thus bringing out an uncompetitive environment.
(III) decline in economic growth.
assets into troubles.
(II) limiting the investment thus bringing out an uncompetitive environment.
(III) decline in economic growth.
(a) Only (I)
and (II)
(b) Only (II)
(c) Only (II) and (III)
(d) Only (III)
(e) All of the above.
and (II)
(b) Only (II)
(c) Only (II) and (III)
(d) Only (III)
(e) All of the above.
Q9. Which of
the following can be inferred from paragraph 5 which forms a connection with
paragraph 4?
the following can be inferred from paragraph 5 which forms a connection with
paragraph 4?
(a) Banks must
be transparent enough to strengthen the position of workers.
(b) Secular stagnation affects the workers largely.
(c) The low rate of interest and growing risky investment are responsible for
bank troubles.
(d) The regulators or intellectuals must turn towards ‘arm- around’ capitalism.
(e) The physical distance between a bank branch and its clients has been rising
over time.
be transparent enough to strengthen the position of workers.
(b) Secular stagnation affects the workers largely.
(c) The low rate of interest and growing risky investment are responsible for
bank troubles.
(d) The regulators or intellectuals must turn towards ‘arm- around’ capitalism.
(e) The physical distance between a bank branch and its clients has been rising
over time.
Q10. What conclusion can be derived from
paragraph 5 regarding the factor responsible for banking instability?
paragraph 5 regarding the factor responsible for banking instability?
(a)
Informalization of the work force
(b) Persistent return to capital
(c) The low rate of interest for long time
(d) The arms- length capitalism
(e) The non- uniformity of capital inflow
Informalization of the work force
(b) Persistent return to capital
(c) The low rate of interest for long time
(d) The arms- length capitalism
(e) The non- uniformity of capital inflow
Directions
(11-15): In the following questions two columns are given containing three
sentences/phrases each. In first column, sentences/phrases are A, B and C and
in the second column the sentences/phrases are D, E and F. A sentence/phrase
from the first column may or may not connect with another sentence/phrase from
the second column to make a grammatically and contextually correct sentence.
Each question has five options, four of which display the sequence(s) in which
the sentences/phrases can be joined to form a grammatically and contextually
correct sentence. If none of the options given forms a correct sentence after
combination, mark (e), i.e. “None of these” as your answer.
(11-15): In the following questions two columns are given containing three
sentences/phrases each. In first column, sentences/phrases are A, B and C and
in the second column the sentences/phrases are D, E and F. A sentence/phrase
from the first column may or may not connect with another sentence/phrase from
the second column to make a grammatically and contextually correct sentence.
Each question has five options, four of which display the sequence(s) in which
the sentences/phrases can be joined to form a grammatically and contextually
correct sentence. If none of the options given forms a correct sentence after
combination, mark (e), i.e. “None of these” as your answer.
Q11.
Column
(1):
(A) What drove me towards taking up
farming
(1):
(A) What drove me towards taking up
farming
(B) My reason of not being there
(C) I faced a lot of problems
(C) I faced a lot of problems
Column
(2):
(2):
(D) Was a really big deal for me, to be acknowledged by expert
agronomists
agronomists
(E) Was my love for plants, inculcated in me by my mother.
(F) I was told to produce the organic fertilizer using vegetable waste
(a) C-E and B-F
(b) A-F
(c) B-E and B-F
(d) A-E
(e) None of these
Q12.
Column (1):
(A) Both the NNS and the NNM have recognised
(B) Mandatory fortification with micro-nutrients
(C) To simplify a complex issue,
Column
(2):
(2):
(D) The criticality of working collaboratively across Ministries.
(E) The constructive role that the private sector must play in realizing
the ambitious goals.
the ambitious goals.
(F) In the absence of coordination with industry
(a) C-E and B-F
(b) A-F
(c) A-D and A-E
(d) A-E
(e) None of these
Q13.
Column
(1):
(1):
(A) Production estimates were lower in the beginning of the season
(B) The tissue-cultured seedlings of two dwarf hybrid varieties of areca
nut developed by CPCRI
nut developed by CPCRI
(C) 600 seedlings of tall varieties can be planted on an acre
Column
(2):
(2):
(D) Better adapted to climate challenges
(E) Given the acute shortage of skilled labourers for harvesting
(F) Are likely to be commercially available to farmers from January
next.
next.
(a) C-E and B-F
(b) A-F
(c) B-F
(d) A-D
(e) None of these
Q14.
Column
(1):
(1):
(A) On the sectorial front, metal and PSU bank under-performed while
(B) Healthcare, IT, tech and auto indices closed in the positive terrain
(C) The NSE Nifty traded in the red for the major part of the
session
session
Column (2):
(D) Others have underperformed.
(E) In sectoral terms, the BSE metal index emerged as the worst
performer, diving 2.18%
performer, diving 2.18%
(F) IT and pharma gained owing to deprecation in INR.
(a) C-D and B-F
(b) A-F
(c) B-E
(d) A-D
(e) None of these
Q15.
Column
(1):
(1):
(A) Walmart also raised its annual earnings outlook and said
(B) Adjusted earnings came to $1.29 per commerce share in the second
quarter ended
quarter ended
Column (2):
(D) Results of tax cuts and an improving job market
(E) It is on track to increase U.S. e- sales by 40 per cent for the full
year.
year.
(F) The company’s stock has fallen around 9 per cent since the start of
the year.
the year.
(a) C-E and B-F
(b) A-E
(c) B-E
(d) A-D
(e) None of these
Solutions
S1. Ans. (c)
Sol. The sentence can be
corrected by replacing phrases (A) and (D) by phrases (I) and (IV)
respectively. Phrase (A) creates a grammatical error in the sentence, as an
apostrophe + S (‘s) must be used to show that one person/thing owns or is a
member of something. However, an apostrophe after the “s” to show possession of
a plural noun. Therefore, “courts’” should be corrected as “court’s”. Moreover,
phrase (D) should be replaced phrase (IV) as phrase (D) in the context of the
sentence should be used in comparative degree to apprehend the grammatical
syntax of the sentence. All the other highlighted phrases are correct. Hence,
option (c) is the most suitable answer choice.
corrected by replacing phrases (A) and (D) by phrases (I) and (IV)
respectively. Phrase (A) creates a grammatical error in the sentence, as an
apostrophe + S (‘s) must be used to show that one person/thing owns or is a
member of something. However, an apostrophe after the “s” to show possession of
a plural noun. Therefore, “courts’” should be corrected as “court’s”. Moreover,
phrase (D) should be replaced phrase (IV) as phrase (D) in the context of the
sentence should be used in comparative degree to apprehend the grammatical
syntax of the sentence. All the other highlighted phrases are correct. Hence,
option (c) is the most suitable answer choice.
S2. Ans. (a)
Sol. The sentence can be
corrected by replacing the phrases (A) and (D) by (I) and (II) respectively. It
is to be noted that the phrase “a coalition of companies” means a collective
group of companies as a single unit, therefore the verb associated to it should
be singular as well. Moreover, in phrase (B) there is an error of phrasal verb.
It is to be noted that “set off” means to start a journey while, “set up” means
to commence a business. Thus, “set off” should be replaced by “set up” to frame
a contextually meaningful sentence. Hence, option (a) is the most suitable
answer choice.
corrected by replacing the phrases (A) and (D) by (I) and (II) respectively. It
is to be noted that the phrase “a coalition of companies” means a collective
group of companies as a single unit, therefore the verb associated to it should
be singular as well. Moreover, in phrase (B) there is an error of phrasal verb.
It is to be noted that “set off” means to start a journey while, “set up” means
to commence a business. Thus, “set off” should be replaced by “set up” to frame
a contextually meaningful sentence. Hence, option (a) is the most suitable
answer choice.
S3. Ans. (c)
Sol. The sentence can be
corrected replacing the phrase (A), (B) and (D) by (I), (II) and (IV)
respectively. It is to be noted that since the plural form “floods” has been
used the verb associated to it should be plural as well, therefore, “has”
should be replaced by “have” on phrase (A). Next, in phrase (B) instead of
“of-limits”, “off-limits” must be used as it means out of bounds. Moreover, in
phrase (D) the phrase “a large number” takes plural noun with it. All the other
highlighted phrases are correct. Hence, option (c) is the most suitable answer
choice.
corrected replacing the phrase (A), (B) and (D) by (I), (II) and (IV)
respectively. It is to be noted that since the plural form “floods” has been
used the verb associated to it should be plural as well, therefore, “has”
should be replaced by “have” on phrase (A). Next, in phrase (B) instead of
“of-limits”, “off-limits” must be used as it means out of bounds. Moreover, in
phrase (D) the phrase “a large number” takes plural noun with it. All the other
highlighted phrases are correct. Hence, option (c) is the most suitable answer
choice.
S4. Ans. (d)
Sol. The sentence can be
corrected by replacing the phrases (A) and (B) by phrases (I) and (II). Since
all the given combinations are incorrect, option (d) becomes the most viable
answer choice.
corrected by replacing the phrases (A) and (B) by phrases (I) and (II). Since
all the given combinations are incorrect, option (d) becomes the most viable
answer choice.
S5. Ans. (e)
Sol. The given sentence
along with the highlighted parts is grammatically correct and contextually
meaningful and do not require any replacements and corrections. Therefore, the
most suitable answer choice is option (e).
along with the highlighted parts is grammatically correct and contextually
meaningful and do not require any replacements and corrections. Therefore, the
most suitable answer choice is option (e).
S6. Ans. (c)
Sol. If we go
through paragraphs 2 and paragraph 3, we can conclude that all the given
sentences are correct. Here ‘whammy’ means an evil or negative influence. So,
here whammy word is used to present the current condition of workers. Both the
paragraphs present the phase that workers are going through and that are lack
of productive jobs, reduction in their pay etc.
through paragraphs 2 and paragraph 3, we can conclude that all the given
sentences are correct. Here ‘whammy’ means an evil or negative influence. So,
here whammy word is used to present the current condition of workers. Both the
paragraphs present the phase that workers are going through and that are lack
of productive jobs, reduction in their pay etc.
Hence, we can
mark option (c) as our correct choice.
mark option (c) as our correct choice.
Refer the lines
“They are in jobs that they do not find meaningful, nor do such jobs make a
difference to the world.”
“They are in jobs that they do not find meaningful, nor do such jobs make a
difference to the world.”
“The
introduction of technology renders workers redundant or expects them to
constantly upgrade themselves with no guarantee of rewards in the end.”
introduction of technology renders workers redundant or expects them to
constantly upgrade themselves with no guarantee of rewards in the end.”
“The second hex
is that not only are they in “bullshit” jobs, but these jobs are now
“contracted” out with substantial reductions in pay and benefits.”
is that not only are they in “bullshit” jobs, but these jobs are now
“contracted” out with substantial reductions in pay and benefits.”
S7. Ans. (d)
Sol. Sentences
(b) and (c) are correct in context of the passage. Here the author used the
term ‘bullshit’ for the jobs that are not making any difference to the world.
‘Bank crises’, ‘Modern capitalism’ are the factors that are responsible for
such jobs.
(b) and (c) are correct in context of the passage. Here the author used the
term ‘bullshit’ for the jobs that are not making any difference to the world.
‘Bank crises’, ‘Modern capitalism’ are the factors that are responsible for
such jobs.
In case of
‘bank crises’, when bank will unable to provide loans, then people will engage
themselves in self- employed jobs or informal jobs leading to unproductive jobs.
‘bank crises’, when bank will unable to provide loans, then people will engage
themselves in self- employed jobs or informal jobs leading to unproductive jobs.
Here
‘dependence of an economic and political system by private owners’ means
capitalism.
‘dependence of an economic and political system by private owners’ means
capitalism.
Hence option
(d) is the correct answer choice.
(d) is the correct answer choice.
Refer the lines
“Modern capitalism creates plenty of “bullshit” jobs as greed sends investors,
firms and corporations off to faraway lands and makes them deal with unfamiliar
counterparties domestically as well.”
“Modern capitalism creates plenty of “bullshit” jobs as greed sends investors,
firms and corporations off to faraway lands and makes them deal with unfamiliar
counterparties domestically as well.”
“No monitoring
or handholding. No surprises that banks get into trouble with their assets;
they lose value; and the bank creditors are then bailed out by taxpayers. That
is how “bullshit” jobs are created.”
or handholding. No surprises that banks get into trouble with their assets;
they lose value; and the bank creditors are then bailed out by taxpayers. That
is how “bullshit” jobs are created.”
S8. Ans. (c)
Sol.
‘arms-around’ capitalism as defined in the paragraph 4 refers to banks
restricting their greed by not investing in almost all the firms and enriching
the less- risky avenues. This will slow down the economy bringing out an
uncompetitive scenario but will let the systemic stability to improve.
‘arms-around’ capitalism as defined in the paragraph 4 refers to banks
restricting their greed by not investing in almost all the firms and enriching
the less- risky avenues. This will slow down the economy bringing out an
uncompetitive scenario but will let the systemic stability to improve.
This confirms
the fidelity of option (c).
the fidelity of option (c).
Refer the lines
“It is actually about moderating greed and sticking to familiar and less risky
avenues to grow. If “arms-length” capitalism gives way to “arms-around”
capitalism, economic growth will slow down but systemic stability will improve
considerably.”
“It is actually about moderating greed and sticking to familiar and less risky
avenues to grow. If “arms-length” capitalism gives way to “arms-around”
capitalism, economic growth will slow down but systemic stability will improve
considerably.”
S9. Ans. (c)
Sol. Both
paragraphs have discussed the reasons behind the troubles that banks are facing.
The low rate of interest and providing loans to all comers are those factors.
Hence, we can conclude that option (c) is the most appropriate choice.
paragraphs have discussed the reasons behind the troubles that banks are facing.
The low rate of interest and providing loans to all comers are those factors.
Hence, we can conclude that option (c) is the most appropriate choice.
S10. Ans. (c)
Sol. We can
deduce our answer from the lines used in paragraph 5 “If cost of capital were
to reflect risk, interest rates must be brought to normal levels faster and not
more slowly.” Reflecting risk in cost of capital implies restricting the flow
of cash which is possible by increasing the rate of interest which will make
borrowing expensive and hence will limit the investment made by the banks that
will therefore enable stability in banks.
deduce our answer from the lines used in paragraph 5 “If cost of capital were
to reflect risk, interest rates must be brought to normal levels faster and not
more slowly.” Reflecting risk in cost of capital implies restricting the flow
of cash which is possible by increasing the rate of interest which will make
borrowing expensive and hence will limit the investment made by the banks that
will therefore enable stability in banks.
Hence low rate
of interest is the reason behind bank instability proving option (c) as
correct.
of interest is the reason behind bank instability proving option (c) as
correct.
S11. Ans (d)
Sol. Out of all
the given options, only combination of sentences (A) and (E) makes a
grammatically and contextually correct sentence. Hence, option (d) is the
correct answer. There can be some confusion regarding B-E because even though
it is illogical but it can make some sense if we want to but the presence of
B-F makes it conclusive that option (c) is the incorrect choice.
the given options, only combination of sentences (A) and (E) makes a
grammatically and contextually correct sentence. Hence, option (d) is the
correct answer. There can be some confusion regarding B-E because even though
it is illogical but it can make some sense if we want to but the presence of
B-F makes it conclusive that option (c) is the incorrect choice.
S12. Ans.(c)
Sol. Option (c)
is the correct choice for the given question.
is the correct choice for the given question.
A-D and A-E
make the meaningful sentences while other are grammatically and contextually
incorrect.
make the meaningful sentences while other are grammatically and contextually
incorrect.
S13. Ans. (c)
Sol. Out of all
the given options, only combination of sentences (B) and (F) makes a
grammatically and contextually correct sentence. Hence, option (c) is the
correct answer.
the given options, only combination of sentences (B) and (F) makes a
grammatically and contextually correct sentence. Hence, option (c) is the
correct answer.
S14. Ans. (b)
Sol. Out of all
the given options, only combination of sentences (A) and (F) makes a
grammatically and contextually correct sentence. Hence, option (b) is the
correct answer.
the given options, only combination of sentences (A) and (F) makes a
grammatically and contextually correct sentence. Hence, option (b) is the
correct answer.
S15. Ans (b)
Sol. Out of all
the given options, only combination of sentences (A) and (E) makes a
grammatically and contextually correct sentence. Hence, option (b) is the
correct answer.
the given options, only combination of sentences (A) and (E) makes a
grammatically and contextually correct sentence. Hence, option (b) is the
correct answer.
