Latest Hindi Banking jobs   »   English Quiz for IBPS PO Mains...

English Quiz for IBPS PO Mains 20th November

English Quiz for IBPS PO Mains 20th November | Latest Hindi Banking jobs_2.1
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 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 20th November.  

Directions (1-4): Read the
following passage and answer the following questions based on the given
passage.

If
mainstream economy theory is followed, then low inflation and a low growth
scenario certainly calls for a rate cut by India’s central bank. However,
economics is not so simple, especially for the six members of the Reserve Bank
of India’s monetary policy committee (MPC), who have to come to a conclusion on
policy rates by putting together a myriad of indicators which may be giving
contrasting signals. The benign headline inflation – significantly lower than
the median inflation target of 4% – and a slowdown in the domestic
economy coupled with uncertainty surrounding global growth should make it
easier for the MPC to call the shots
on slashing interest rates. But then, policy rate decisions are not always so
easy, especially when certain indicators play the devil.  Since the RBI
follows inflation targeting regime, one should primarily envisage what could be
the inflation trajectory going forward. Food, fuel and core are the three
components of the headline inflation which cover the entire inflation basket and
the recent trends lead me to conjecture that
fuel could be the determining component of headline inflation going forward.
This
can be substantiated by the
following reasoning. One, food inflation since July 2018 has been very low
(including 5 months of contraction during October 2018 and February 2019) and
the low base effect could lead to an uptick in food inflation. Since food
inflation is a volatile component, looking at month-on-month movement is also
imperative. The previous 3 months have seen an upward movement in food
prices especially driven by vegetable prices. In addition, a farmer who
may implicitly not know about the cobweb model – which explains that price
fluctuations could lead to fluctuations in supply and cause a cycle of rising and
falling prices – but could implement it in the coming months. Hence, the base
effect factor and this underlying theory of the cobweb model amidst the
uncertain cloud cover (monsoons) could push up food inflation. On the other
hand, the prices of core inflation which stood at 4.5% in April 2019 could be
seen converging towards food inflation aided by a higher base. With these two
components probably offsetting each other’s impact, the inflation trajectory
could be driven by oil prices, which rather than following fundamentals are
driven by tweets and uncertain supply announcements. At the moment, the risks
to the demand supply dynamics of crude oil looks relatively balanced. Also, the
policy announcements of the new government and its fiscal policy cannot be undermined.
The
low inflation and slowing growth framework of the Indian economy certainly
calls for a rate cut. But there is something more than just a rate cut which
the RBI needs to be doing and that is addressing the transmission problem. The
rate cut of 25 bps in February 2019 only translated into a 5 bps decline of the
median marginal cost of fund-based lending (MCLR) as at end March 2019.  Why has transmission been low? The simple
answer to this question is that of the sustained period of liquidity deficit
seen in the banking system since September 2018. A rate cut transmission impact
is faster when the banking system is in liquidity surplus while a rate hike
transmission impact is faster when the banking system is in deficit. Thus, RBI
has been closely monitoring the banking system liquidity and has infused
liquidity via open market operations (OMOs) and long term currency swaps.
Q1.
What does the phrase “to call the shots”,
as highlighted in the above passage implies?
(a) The Monetary Policy Committee has viewed the
recently introduced policy rates with a doubt
(b) The MPC members had a narrow escape from the worsening
economic situation due to reduced policy rates.
(c) MPC had ordered to put an end to the practice of slashing interest rates.
(d) MPC has taken the initiative in deciding how the interest rates should be
dropped.
(e) None of these
Q2.
Why did the writer state that the “that fuel could be the determining component
of headline inflation going forward”?
(a) There is inflationary pressure because of the
oil prices but ability of the producers to pass on those higher costs to the
consumer is limited, given the weak consumption demand.

(b) Most experts believe that the fuel prices are likely to increase further
but could be pinned down by favourable currency exchange rate.
(c) The oil prices have stayed more or less stagnant for the last few months,
including the election period, while the global crude oil prices had shot up.
(d) The probable increase in food inflation, overall inflation which converges
towards food inflation owing to its higher base will result in oil prices
driving the inflation trajectory.
(e) None of the above
 Q3.
Choose the word which is most similar to “SUBSTANTIATED
as highlighted in the passage given above.
(a) confuted
(b) corroborated
(c) refuted
(d) debunked
(e) negated
 Q4. What are the measures suggested by the writer
in the passage given above to address the problem of slow growth framework?
(i) The rates cuts to be introduced by RBI could
help the economy through the trough of low inflation and slowed growth.
(ii) The RBI must address the problem of
transmission arising due to
sustained period of liquidity deficit in banking system.
(iii) RBI must take increase in per capita income
as the measure of economic development.
(a) Only (iii)
(b) Only (ii)
(c) Both (i) & (ii)
(d) Both (ii) & (iii)
(e) All (i), (ii), (iii)
Directions (5-8): Read the
following passage and answer the following questions based on the given
passage.

The
rupee, which is currently the worst-performing currency in Asia, is finally
receiving some help from the authorities. The Union government, after a meeting
with Reserve Bank of India Governor, on Friday announced a list of measures to arrest the sharp decline in the currency,
which has lost about 12% of its value since the beginning of the year. These
include steps to curb the import of non-essential goods and encourage the
export of domestic goods, which will help in addressing the country’s
burgeoning current account deficit that hit a five-year high in July. Other
steps such as removing restrictions on foreign portfolio investments and
encouraging Indian borrowers to issue rupee-denominated ‘masala bonds’ were
also announced to facilitate the inflow of dollars and de-risk the economy from
fluctuations in the exchange rate. Further, the term limit imposed on
borrowings of manufacturing companies is to be shortened further in order to
curb dollar demand. The response to the move from the markets will need to be
carefully tracked. Even before the official announcement on Friday, the rupee
witnessed some recovery against the dollar amidst hopes of favourable
government intervention, while stocks and bonds also recovered.
These
steps to strengthen the rupee in the short term are welcome, given the
large-scale outflow of capital from emerging markets to the West. These ad hoc
steps to avoid an immediate crisis in the external sector, however, should not
deflect attention from the more fundamental reasons behind the decline of the
rupee. India has been unable to boost exports over the years for various reasons.
At the same time, it has been unsuccessful in finding sustainable domestic
sources of energy to address the over-reliance on oil imports. This has meant
that the rise in the price of oil has traditionally exerted tremendous stress on the current account
deficit and the currency, as is happening now. The government needs to think of
a long-term plan to boost exports, preferably through steps that remove policy
barriers that are impeding the growth of export-oriented sectors, ____(A)____. The depreciating rupee is
also a symptom of persistently higher domestic inflation in India over many
decades. For example, in line with vastly different inflation rates in India
and the U.S., the rupee has lost about 60% of its value in the last 10 years
against the dollar. So this problem cannot be addressed without drastic changes
in the style of monetary policy conducted by the RBI, which is an unlikely
proposition. Until then, the best that can be hoped for is a steady drop in the
value of the rupee without any drastic shocks to the economy.
Q5.
Which of the following phrases can fill in the blank (A) to make the sentence grammatically correct and contextually
meaningful?
(a) weakness in rupee to cover near-term
exposures to reduce risk
(b) US and China continued to rattle the Indian currency markets
(c) amid selling of domestic equities by foreign institutional investors
(d)
in order
to find a sustainable solution to the problem of the weakening rupee

(e) it would take necessary countermeasures, without elaborating
Q6.
According to the information provided in the passage above, which of the
following have been primary reasons for decline in value of rupee?
(a) India has been unable to achieve considerable
growth in exports over the last few years.
(b) We have not been able to find sustainable alternatives of energy to reduce
our dependence on oil imports.
(c) Tremendous pressure on current account deficit
(d) Both (a) & (b)
(e) All (a), (b) & (c)
Q7.
What was the reason for recovery of value of rupee even before the list of
measures to arrest sharp decline were announced?
(a) The government had altered the policy rates
to give a boost to the value of rupee
(b) The government had removed the restrictions on Foreign Portfolio
Investments (FPIs)
(c) A favourable government intervention was expected towards the falling rupee
value
(d) Huge incentives were provided to promote domestic exports
(e) None of these
Q8.
Choose the word which is most similar to “TREMENDOUS”
as highlighted in the given passage.
(a) impalpable
(b) indiscernible
(c) infinitesimal
(d) pappy
(e) gargantuan
Direction (9-15): In the following statements
given below, four statements form a coherent paragraph and one statement is not
the part of the rearranged paragraph. Choose the statement which does not form
the part of the coherently arranged paragraph.

Q9.
(a) Bangladesh, which will launch its first satellite Bangabandhu-1 this year,
is working with a European agency.
(b) Within a month of taking over as Prime Minister in 2014, Narendra Modi went
to Sriharikota for the launch of PSLV C-23 and “challenged” ISRO scientists to
build this satellite for the South Asian Association for Regional Cooperation.
(c) To begin with, the Centre has kept its promise of considering India’s
“neighbourhood first”.
(d) The decision was then announced at the SAARC summit in Kathmandu, and the
government has kept its commitment of gifting its neighbours at least one
transponder each on the GSAT-9, a project that cost about
Rs.
450 crore.
(e) By launching the GSAT-9 ‘South Asia satellite’, India has reaffirmed the
Indian Space Research Organisation’s scientific prowess, but the messaging is
perhaps more geopolitical than geospatial.
Q10.
(a) The vaccine has been successfully put through a Phase III trial, in which
the drug is tested for safety and efficacy.
(b) If the vaccine does indeed prove to be ready for large-scale use, it will
be a milestone in the fight against malaria.
(c) Beginning next year, the World Health Organisation will begin pilot tests
of the injectable malaria vaccine RTS,S (or Mosquirix) on 750,000 children aged
5-17 months in Ghana, Kenya and Malawi.
(d) The pilot tests will be useful in evaluating the likelihood of replicating
the immunisation schedule in the context of routine health-care settings.
(e) Any decision on wider use will be taken based on the results of the pilot
tests in the three countries.

Q11.
(a) India can achieve its air quality goals if it completely eliminates
emissions from household sources.
(b) We definitely need a multi-pronged approach to control emission from major
sectors like industries, transportation, and power plants to effectively
address the air pollution issue.
(c) The analysis of household emissions was carried out by researchers from the
Indian Institute of Technology (IIT), Delhi in collaboration with University of
California in Berkeley, Urban Emissions, Delhi and the University of Illinois,
Urbana-Champaign.
(d) This number varied across the country but household emissions remained one
of the major culprits behind air pollution.
(e) A recent study has pointed out that the use of firewood, kerosene and coal
in the households contributed to about 40% of the PM 2.5 pollution in the Gangetic
basin districts. 


Q12.
(a) The government has implicitly admitted that there is a crisis in the
farming and unorganised sectors, and due to that in employment generation. 
(b) This allocation is inadequate, but it does indicate that the government is
forced to acknowledge the crisis facing the poor.
(c) It has also increased allocations for the Mahatma Gandhi National Rural
Employment Guarantee Scheme (MGNREGS) from ₹55,000 crore to ₹60,000 crore.
(d) The NSSO data (which have not been released officially) undermine the
National Democratic Alliance government’s claims on job creation.
(e) That is why it announced an annual ₹6,000 support to farmers owning up to
five acres of land and promised insurance to workers in the unorganised sector.
L1Difficulty
2
QTags
Coherent paragraph


Q13.
(a)The coil eliminates the need for daily administration of tuberculosis
and also brings down the cost of treatment. 

(b) The drugs used included doxycycline hyclate, isoniazid, ethambutol,
pyrazinamide, moxifloxacin, and rifampicin.
(c) Within 48 to 72 hours, a health care professional will check your arm for
swelling at the injection site. A hard, raised red bump means you’re likely to
have TB infection.
(d) The coil is made of a nickel-titanium alloy (nitinol) and looks like a
small slinky toy. Just like adding beads on a string, the researchers added 600
pills (4 mm height and diameter) of different formulations to the coil.
(e) Researchers from Massachusetts Institute of Technology, U.S., have
developed a coil loaded with antibiotics that can stay in the stomach for up to
a month and release the necessary drugs in the required doses. 


Q14.
(a) The single most important factor that has contributed in the growth is
the control on poaching due to strict protection measures
(b)Tigers in India traverse long distances to find mates and new territories.
But the movement depends on roughness of the terrain and human disturbance in
the area.
(c) A study in 2017 by a team including Anuradha Reddy revealed that roughness
of terrain and human footprint drove tiger gene flow in central India
(d) The terrain affects tiger dispersal differently in the Western Ghats and
central India, two strongholds of wild tiger populations in the country, finds
a new study.
(e) The central Indian landscape is highly fragmented with high densities of
people, while the Western Ghats has lesser human disturbance and is home to the
world’s largest contiguous tiger population. 


Q15.
(a) The Antiquities Ministry said in a statement on Tuesday that the tomb
is from the Greco-Roman period that began with Alexander the Great in 332 B.C.
(b) Special priests worked as embalmers, treating and wrapping the body. Beyond
knowing the correct rituals and prayers to be performed at various stages, the
priests also needed a detailed knowledge of human anatomy.
(c) Archaeologists have unearthed an ancient tomb with mummies believed to date
back about 2,000 years in the southern city of Aswan.
(d) It is located near one of Aswan’s landmarks, the Mausoleum of Aga Khan, who
lobbied for Muslim rights in India and who was buried there after his death in
1957.
(e) The statement said archaeologists found artefacts, including decorated
masks, statuettes, vases, coffin fragments and cartonnages – chunks of linen or
papyrus glued together.
Solutions:
S1. Ans. (d)
Sol. Call
the shots”
means “take the initiative in deciding how something should be
done”. The meaning of the phrase is clearly justified in the statement given in
option (d). Hence, option (d) is the most suitable answer choice.
S2. Ans. (d)
Sol. Refer to the second paragraph of the passage
given above, which mentions, “One, food inflation since July 2018 has been very
low (including 5 months of contraction during …to an uptick in food inflation.
Since food inflation is a volatile component, … food prices especially driven by
vegetable prices. In addition, a farmer who may implicitly not know about the
cobweb model – ……. but could implement it in the coming months. Hence, the base
effect factor and this underlying theory of the cobweb model …….. push up food
inflation. On the other hand, the prices of core inflation …… could be seen
converging towards food inflation aided by a higher base. With these two
components probably offsetting each other’s impact, the inflation trajectory
could be driven by oil prices……….” The quoted text can be clearly justified in
the statement given in option (d). Hence, option (d) is the most suitable
answer choice
S3. Ans. (b)
Sol. SUBSTANTIATED
means “provide evidence to support or
prove the truth of
” and “CORROBORATED
means “confirm or give support to (a
statement, theory, or finding).
” Since, they are synonymous with each
other; option (b) is the most suitable answer choice.
Refuted:
Confuted: prove (a person or an assertion or
accusation) to be wrong
Debunked: expose the falseness or hollowness of
(an idea or belief)
Negated: make ineffective; nullify
S4. Ans. (c)
Sol.  To validate
the answer, refer to the first few lines of the last paragraph, which mention,
The low inflation and slowing growth
framework of the Indian economy certainly calls for a rate cut. But there is
something more than just a rate cut which the RBI needs to be doing and that is
addressing the transmission problem. The rate cut of 25 bps in February 2019
only translated into a 5 bps decline of the median marginal cost of fund-based
lending (MCLR) as at end March 2019
.” The quoted text can be inferred from
the statements (i) and (ii). Therefore, option (c) is the most suitable answer
choice.
S5. Ans. (d)
Sol. Among the given options, only the phrase
given in option (d) makes a contextually and grammatically meaningful
statement. Here, we can clearly omit option (e) as it is out of context, also,
the phrase given in option (b) makes the sentence contextually incorrect. We
will also omit option (a) as it will form an incomplete statement. Hence,
option (d) is the most suitable answer choice.
S6. Ans. (d)
Sol. Refer to the second paragraph of the passage
given above, which states, “These ad hoc
steps to avoid an immediate crisis in the external sector, however, should not
deflect attention from the more fundamental reasons behind the decline of the
rupee. India has been unable to boost exports over the years for various
reasons. At the same time, it has been unsuccessful in finding sustainable
domestic sources of energy to address the over-reliance on oil imports. This
has meant that the rise in the price of oil has traditionally exerted
tremendous stress on the current account deficit and the currency, as is
happening now.
” The reasons for falling value of rupee can be inferred from
the statements given in options (a), (b). Also, the statement given in option
(c) is the result and not the reason for falling value of rupee and will
therefore, be omitted. Hence, the option (d) is the most suitable answer
choice.
S7. Ans. (c)
Sol. To validate the answer refer to the last
line of the first paragraph which mentions, “The response to the move from the markets will need to be carefully
tracked. Even before the official announcement on Friday, the rupee witnessed
some recovery against the dollar amidst hopes of favourable government
intervention, while stocks and bonds also recovered.
” The quoted text can
be inferred from the statement given in option (c). Hence, option (c) is the
most suitable answer choice.
S8. Ans. (e)
Sol. TREMENDOUS
means “very great in amount, scale, or
intensity
” and “GARGANTUAN
means “enormous”. Since, they are
synonymous with each other, option (e) is the most suitable answer choice.
Pappy: a child’s word for father
Infinitesimal: extremely small.
Indiscernible: impossible to see or clearly
distinguish.
Impalpable: unable to be felt by touch.


S9.
Ans. (a)
Sol.
After reading the sentences, we find that sentences ECBD form a coherent
paragraph while sentence (a) is not a part of it. The paragraph is all about
India launching GSAT-9 satellite for its neighbouring countries, while sentence
(a) is about Bangladesh launching its first satellite. Hence sentence (a) is
the right choice.
S10.
Ans. (d)
Sol.
Sentences CAEB forms a coherent paragraph while sentence (d) is not a part of
it. The paragraph is about the pilot testing of the vaccine of Malaria in Ghana,
Kenya and Malawi, while sentence (d) talks about the usefulness of the pilot
tests. Hence sentence (d) is the correct choice.
S11. Ans. (b)
Sol.
The correct rearrangement of the sentences given above will be aedc.
The rearranged paragraph mentions firewood, kerosene and coal used in Indian
household as a major source of. Only statement given in option (b) discusses
the need to control emissions from other sectors. All other statement,
perfectly fit in the context of the paragraph. Hence, option (b) is the most
suitable answer choice.



S12. Ans. (d)
Sol.
On rearranging the statements, the paragraph discusses the deteriorating
condition of farmers in India and also the steps taken by the government to
improve the condition. The correct sequence of the coherent paragraph formed
will be aecb. Among the sentences given above, only option (d), does not
form the part of the coherent paragraph as it mentions about the NSSO data
which is in nowhere contextually suitable for the rearranged paragraph.   Hence, option (d) is the most suitable
answer choice.



S13. Ans. (c)
Sol.
The rearranged paragraph discusses the new coil based treatment for
tuberculosis which has been recently developed by the scientists. The correct
sequence of the statements given above will be eadb. Only the statement
given in statement (c) does not form the part of coherent paragraph as it does
not make any mention about the new treatment instead states the procedure for
TB diagnosis. Hence, option (c) is the mist suitable answer choice.



S14. Ans. (a)
Sol.
Here, the correct sequence of the rearranged statements will be bdec.
All these statements discuss the structure of availability of tiger population
in India. Only statement given in option (a) discusses the control on poaching
which is out of context of the rearranged paragraph. Hence, option (a) is the
most suitable answer choice.



S15. Ans. (b)
Sol.
Here, the correct sequence of the rearranged statements will be cade.
All these statements discuss the recent tomb that has been unearthed with
mummies. Only the statement given in option (b) discusses the process of
mummification which is nowhere contextually related with the other sentences.
Hence, option (b) is the most suitable answer choice. 




English Quiz for IBPS PO Mains 20th November | Latest Hindi Banking jobs_4.1