As the date of IBPS SO Exam is coming nearer, hopes of aspirants are growing with every passing day. It’s time to test their hard work and they would want to make the best of this opportunity. Thus, English Language can play a vital role to get success. IBPS SO English is all about well-planned strategy, time- management and strong grasp over English Language. So, stop boiling the ocean, and acquire command over vocabulary, enhance deep knowledge of grammar, and build competent comprehension skills to get the ball in the court in first attempt. Here is a quiz IBPS SO Prelims 15th December 2019 on English Language provided by Adda 247. It will help you practice latest pattern of English Questions for upcoming IBPS SO Pre Examination 2019.
Directions (1-7): Read the
following passage and answer the following questions. Some words are given in
bold to answer the questions
following passage and answer the following questions. Some words are given in
bold to answer the questions
SBI Cards,
the credit card arm of India’s largest public sector lender State Bank of India
(SBI), last week filed its draft red herring prospectus for an initial public
offering. The IPO could raise as much as ₹9,600 crore through the issue.
Ahead of its IPO, Mint looks at the key factors that India’s
second largest credit card issuer is banking on to ride the equity markets.
the credit card arm of India’s largest public sector lender State Bank of India
(SBI), last week filed its draft red herring prospectus for an initial public
offering. The IPO could raise as much as ₹9,600 crore through the issue.
Ahead of its IPO, Mint looks at the key factors that India’s
second largest credit card issuer is banking on to ride the equity markets.
The initial
public offering (IPO) of SBI Cards comes at a time when there has been a
massive spurt in digital payment
transactions, fuelled by massive innovation and offerings by financial
institutions. Considering that India is one of the fastest growing economies in
the world, its second largest credit issuer is banking upon rise in personal
consumption that includes splurging on luxury goods, spending more on dining,
entertainment, vacations and less on basic needs of house, food and education.
Rapid urbanization is expected to improve infrastructure, create jobs, which in
turn will propel savings. Besides, India’s favourable demographics — large
young population — is another crucial factor that the company is banking upon.
public offering (IPO) of SBI Cards comes at a time when there has been a
massive spurt in digital payment
transactions, fuelled by massive innovation and offerings by financial
institutions. Considering that India is one of the fastest growing economies in
the world, its second largest credit issuer is banking upon rise in personal
consumption that includes splurging on luxury goods, spending more on dining,
entertainment, vacations and less on basic needs of house, food and education.
Rapid urbanization is expected to improve infrastructure, create jobs, which in
turn will propel savings. Besides, India’s favourable demographics — large
young population — is another crucial factor that the company is banking upon.
Steps taken
by the government and the banking regulator, especially in the last three years
to launch innovative payment options, shift in consumer preferences have
boosted online payments. The Jan Dhan, Aadhaar and Mobile (JAM) trinity,
demonetization of high value currency in November 2016, rollout of Goods and
Services Tax (GST) and the launch of real-time payments system Unified Payments
Interface (UPI) have been key drivers of rapid growth in digital payments
space. Besides, rise in internet usage, increase in smartphone penetration,
affordable data, presence of large number of payment apps, a booming e-commerce
sector and simple, hassle-free online payments have also contributed to the
rise in digital payments, including credit cards.
by the government and the banking regulator, especially in the last three years
to launch innovative payment options, shift in consumer preferences have
boosted online payments. The Jan Dhan, Aadhaar and Mobile (JAM) trinity,
demonetization of high value currency in November 2016, rollout of Goods and
Services Tax (GST) and the launch of real-time payments system Unified Payments
Interface (UPI) have been key drivers of rapid growth in digital payments
space. Besides, rise in internet usage, increase in smartphone penetration,
affordable data, presence of large number of payment apps, a booming e-commerce
sector and simple, hassle-free online payments have also contributed to the
rise in digital payments, including credit cards.
Ability to
quickly adopt technology and increasing indebtedness has made credit card more
popular among millennials. The proportion of credit card users among
millennials — below 30 years of age — has almost doubled to 35% in 2018-2019
from 19% in 2014-2015. The share of customers below 25 years witnessed a
ten-times jump in that period. They are seen driving, what CRISIL Research
expects to be approximately ₹14.4 trillion in size by fiscal 2024, the
boom in India’s unsecured loan, that credit cards are part of.
quickly adopt technology and increasing indebtedness has made credit card more
popular among millennials. The proportion of credit card users among
millennials — below 30 years of age — has almost doubled to 35% in 2018-2019
from 19% in 2014-2015. The share of customers below 25 years witnessed a
ten-times jump in that period. They are seen driving, what CRISIL Research
expects to be approximately ₹14.4 trillion in size by fiscal 2024, the
boom in India’s unsecured loan, that credit cards are part of.
A young
population armed with discretionary
and higher spending power, card issuance in smaller cities, tapping
new-to-credit customers and strong investments in payment infrastructure will
all aid the credit card penetration. Shift in consumer behavior toward digital
payment systems and formalization of the economy will also help the growth of
credit cards. Interest-free-EMI and its international exposure makes it a
popular choice for online transactions and advantage over UPI and e-wallets.
Creation of requisite infrastructure
such as availability of more point of sale (PoS) machine is a crucial driver
for its growth.
population armed with discretionary
and higher spending power, card issuance in smaller cities, tapping
new-to-credit customers and strong investments in payment infrastructure will
all aid the credit card penetration. Shift in consumer behavior toward digital
payment systems and formalization of the economy will also help the growth of
credit cards. Interest-free-EMI and its international exposure makes it a
popular choice for online transactions and advantage over UPI and e-wallets.
Creation of requisite infrastructure
such as availability of more point of sale (PoS) machine is a crucial driver
for its growth.
The rapid
growth in the e-commerce industry has given opportunities to several payments
companies. In the payments space, banks, financial technology companies,
technology startups as well as major technology giants such as Amazon, Google
and Apple compete with each other to be part of the most popular payment
option. Credit card companies offer cash backs, reward points, discounts to
customers based on a customer’s spending, which make it a popular and a
convenient choice for users. Many players are now also increasingly partnering
with others to offer co-branded credit cards to attract more customers. In
2018-19, credit cards accounted for 30%-35.0% of overall e-commerce payment
value.
growth in the e-commerce industry has given opportunities to several payments
companies. In the payments space, banks, financial technology companies,
technology startups as well as major technology giants such as Amazon, Google
and Apple compete with each other to be part of the most popular payment
option. Credit card companies offer cash backs, reward points, discounts to
customers based on a customer’s spending, which make it a popular and a
convenient choice for users. Many players are now also increasingly partnering
with others to offer co-branded credit cards to attract more customers. In
2018-19, credit cards accounted for 30%-35.0% of overall e-commerce payment
value.
Q1. What has
led to the IPO of SBI Cards?
led to the IPO of SBI Cards?
(a) Sudden
Eruption in transactions via digital payments.
Eruption in transactions via digital payments.
(b)
Financial institutions providing offers with innovations.
Financial institutions providing offers with innovations.
(c)
Competing to get maximum customers.
Competing to get maximum customers.
(d) Only (a)
and (b)
and (b)
(e) None of
these
these
L1Difficulty
2
2
QTags
Reading Comprehension
Reading Comprehension
Q2. What are
the reasons causing rise in digital payments?
the reasons causing rise in digital payments?
(a)
Launching innovative payment alternatives
Launching innovative payment alternatives
(b) Adhaar,
The Jan Dhan, and Mobile(JAM) trinity
The Jan Dhan, and Mobile(JAM) trinity
(c) GST and
UPI
UPI
(d)
Increased internet and smartphone usage in rural areas
Increased internet and smartphone usage in rural areas
(e) All (a),
(b), and (c)
(b), and (c)
L1Difficulty
2
2
QTags
Reading Comprehension
Reading Comprehension
Q3. Which of
the following statement(s) is/are true according to the given passage?
the following statement(s) is/are true according to the given passage?
(a) Credit
card popularity among millennials is the result of quick technology adoption.
card popularity among millennials is the result of quick technology adoption.
(b) Eight
times jump is seen in the usage of credit card.
times jump is seen in the usage of credit card.
(c) Experts
of CRISIL expect huge growth in FY 2023-2024
of CRISIL expect huge growth in FY 2023-2024
(d) Both (b)
and (c)
and (c)
(e) None of
these
these
L1Difficulty 2
QTags
Reading Comprehension
Reading Comprehension
Q4. What are
the factors that can promote credit card growth?
the factors that can promote credit card growth?
(a) More
investment in payment infrastructure and issuing card in smaller cities.
investment in payment infrastructure and issuing card in smaller cities.
(b)
Consumers shifting towards digitalized payments
Consumers shifting towards digitalized payments
(c) EMIs
without any interest fees
without any interest fees
(d)
Availability of Point of Sale machines
Availability of Point of Sale machines
(e) All of
the above
the above
L1Difficulty 2
QTags
Reading Comprehension
Reading Comprehension
Q5. How has the e-commerce industry spurred growth in digital payments
and credit cards industry?
and credit cards industry?
(a) Competition between technology giants and startups
(b)
Different attractive offers by credit card companies.
Different attractive offers by credit card companies.
(c)
Attracting more customers through co-branding credit cards.
Attracting more customers through co-branding credit cards.
(d) All (a),
(b), and (c)
(b), and (c)
(e) None of
these
these
L1Difficulty
2
2
QTags
Reading Comprehension
Reading Comprehension
Directions (6-7): Which of the
following words is most similar in meaning with the given word highlighted in
the passage?
following words is most similar in meaning with the given word highlighted in
the passage?
Q6. SPURT
(a) Compel
(b) Flourish
(c)
Outpouring
Outpouring
(d)
Ignorance
Ignorance
(e)
Establish
Establish
L1Difficulty
2
2
QTags
Synonym
Synonym
Q7. DISCRETIONARY
(a)
Unrestricted
Unrestricted
(b)
Agreement
Agreement
(c) Forsake
(d)
Inflexible
Inflexible
(e)
Adversary
Adversary
L1Difficulty
2
2
QTags
Synonym
Synonym
Direction (8): Which of the
following words is most opposite in meaning with the given word highlighted in
the passage?
following words is most opposite in meaning with the given word highlighted in
the passage?
Q8. REQUISITE
(a) Joined
(b) Follower
(c) Soothe
(d) Optional
(e)
Fascinate
Fascinate
L1Difficulty
2
2
QTags
Antonym
Antonym
Directions (9-15): In each of the
following questions, a sentence is given with a blank. Choose the word among
the options that fits in the blank implying the meaning of the sentence.
following questions, a sentence is given with a blank. Choose the word among
the options that fits in the blank implying the meaning of the sentence.
Q9. The
government extended by 48 hours the __________
of mobile Internet and data services in the affected districts.
government extended by 48 hours the __________
of mobile Internet and data services in the affected districts.
(a)
Productive
Productive
(b)
Suspension
Suspension
(c) Courtesy
(d) Escalate
(e) Enhance
L1Difficulty
2
2
QTags filler
Q10. He told
the Bengali service of BBC that religious __________did
not exist in Bangladesh.
the Bengali service of BBC that religious __________did
not exist in Bangladesh.
(a)
Blundering
Blundering
(b) Courage
(c) Charming
(d)
Persecution
Persecution
(e) Rude
L1Difficulty
2
2
QTags filler
Q11. Growth
in the Consumer Price Index (CPI) __________in
November for the fourth consecutive month.
in the Consumer Price Index (CPI) __________in
November for the fourth consecutive month.
(a)
Accelerated
Accelerated
(b)
Fictitious
Fictitious
(c)
Cowardice
Cowardice
(d) Boldness
(e) Contract
L1Difficulty
2
2
QTags filler
Q12.
Parliament has no authority to pass a law that defiles the Constitution and __________its basic principles and
fundamental rights of the people.
Parliament has no authority to pass a law that defiles the Constitution and __________its basic principles and
fundamental rights of the people.
(a) Astound
(b)
Breakable
Breakable
(c) Enduring
(d) Slowness
(e)Violates
L1Difficulty
2
2
QTags filler
Q13. Death
penalty is a __________and
cold-blooded killing of a human being by the State in the name of justice.
penalty is a __________and
cold-blooded killing of a human being by the State in the name of justice.
(a)
Frustrate
Frustrate
(b)
Premeditated
Premeditated
(c) Sterile
(d) Bright
(e) Pleasant
L1Difficulty
2
2
QTags filler
Q14. Jeremy
Corbyn, a veteran socialist __________to
renationalisation and massive public sector spending.
Corbyn, a veteran socialist __________to
renationalisation and massive public sector spending.
(a)
Committed
Committed
(b)
Barricade
Barricade
(c) Decent
(d)
Favourable
Favourable
(e) Generous
L1Difficulty
2
2
QTags filler
Q15. Akshay
has sought a review of the apex court’s 2017 __________confirming his death sentence.
has sought a review of the apex court’s 2017 __________confirming his death sentence.
(a) Blank
(b) Fortune
(c) Engage
(d) Judgment
(e) Calmed
L1Difficulty
2
2
QTags filler
Solutions
S1. Ans. (d)
Sol. Refer
to the second paragraph, the hint can be drawn from the lines, ‘The initial public offering (IPO) of SBI
Cards comes at a time when there has been a massive spurt in digital payment transactions, fuelled by massive
innovation and offerings by financial institutions.’
to the second paragraph, the hint can be drawn from the lines, ‘The initial public offering (IPO) of SBI
Cards comes at a time when there has been a massive spurt in digital payment transactions, fuelled by massive
innovation and offerings by financial institutions.’
Hence, option (d) [Both (a) and (b)] is the
right answer choice.
right answer choice.
S2. Ans. (e)
Sol. Refer
to the second paragraph, the hint can be drawn from the lines, ‘Steps taken by the government and the
banking regulator, especially in the last three years to launch innovative
payment options, shift in consumer preferences have boosted online payments.
The Jan Dhan, Aadhaar and Mobile (JAM) trinity, demonetization of high value
currency in November 2016, rollout of Goods and Services Tax (GST) and the
launch of real-time payments system Unified Payments Interface (UPI) have been
key drivers of rapid growth in digital payments space.’
to the second paragraph, the hint can be drawn from the lines, ‘Steps taken by the government and the
banking regulator, especially in the last three years to launch innovative
payment options, shift in consumer preferences have boosted online payments.
The Jan Dhan, Aadhaar and Mobile (JAM) trinity, demonetization of high value
currency in November 2016, rollout of Goods and Services Tax (GST) and the
launch of real-time payments system Unified Payments Interface (UPI) have been
key drivers of rapid growth in digital payments space.’
Hence, option (e); [all of the above; (a), (b),
and (c) is the right answer choice.
and (c) is the right answer choice.
S3. Ans. (a)
Sol. Refer
to the third paragraph, the hint can be drawn from the lines, ‘Ability to quickly adopt technology and
increasing indebtedness has made credit card more popular among millennials.’
to the third paragraph, the hint can be drawn from the lines, ‘Ability to quickly adopt technology and
increasing indebtedness has made credit card more popular among millennials.’
Hence, option (a) is the right answer choice.
S4. Ans. (e)
Sol. refer
to the fourth paragraph, the hint can be drawn from the lines, ‘A young population armed with discretionary
and higher spending power, card issuance in smaller cities, tapping new-to-credit
customers and strong investments in payment infrastructure will all aid the
credit card penetration. Shift in consumer behavior toward digital payment
systems and formalization of the economy will also held the growth of credit
cards. Interest-free-EMI and its international exposure makes it a popular
choice for online transactions and advantage over UPI and e-wallets. Creation
of requisite infrastructure such as availability of more point of sale (PoS)
machine is a crucial driver for its growth.’
to the fourth paragraph, the hint can be drawn from the lines, ‘A young population armed with discretionary
and higher spending power, card issuance in smaller cities, tapping new-to-credit
customers and strong investments in payment infrastructure will all aid the
credit card penetration. Shift in consumer behavior toward digital payment
systems and formalization of the economy will also held the growth of credit
cards. Interest-free-EMI and its international exposure makes it a popular
choice for online transactions and advantage over UPI and e-wallets. Creation
of requisite infrastructure such as availability of more point of sale (PoS)
machine is a crucial driver for its growth.’
Hence, option (e) [all of the above; (a), (b),
(c), and (d)] is the right answer choice.
(c), and (d)] is the right answer choice.
S5. Ans. (d)
Sol. Refer
to last paragraph of the given passage, the hint can be drawn from the lines, ‘The rapid growth in the e-commerce industry
has given opportunities to several payments companies. In the payments space,
banks, financial technology companies, technology startups as well as major
technology giants such as Amazon, Google and Apple compete with each other to
be part of the most popular payment option. Credit card companies offer cash
backs, reward points, discounts to customers based on a customer’s spending,
which make it a popular and a convenient choice for users. Many players are now
also increasingly partnering with others to offer co-branded credit cards to
attract more customers. In 2018-19, credit cards accounted for 30%-35.0% of
overall e-commerce payment value.’
to last paragraph of the given passage, the hint can be drawn from the lines, ‘The rapid growth in the e-commerce industry
has given opportunities to several payments companies. In the payments space,
banks, financial technology companies, technology startups as well as major
technology giants such as Amazon, Google and Apple compete with each other to
be part of the most popular payment option. Credit card companies offer cash
backs, reward points, discounts to customers based on a customer’s spending,
which make it a popular and a convenient choice for users. Many players are now
also increasingly partnering with others to offer co-branded credit cards to
attract more customers. In 2018-19, credit cards accounted for 30%-35.0% of
overall e-commerce payment value.’
Hence, option (d) [All (a), (b), and (c)] is
the right answer choice.
the right answer choice.
S6. Ans. (c)
Sol. Spurt means a sudden marked burst or increase of activity or speed.
Outpouring is most similar in meaning with
the given word. Hence, option (c) is
the right answer choice.
the given word. Hence, option (c) is
the right answer choice.
S7. Ans. (a)
Sol. Discretionary means available for use at the discretion of the
user.
user.
Unrestricted is most similar in meaning with
the given word. Hence, option (a) is
the right answer choice.
the given word. Hence, option (a) is
the right answer choice.
S8. Ans. (d)
Sol. Requisite means made necessary by particular circumstances or regulations.
Optional is the most opposite in meaning
with the given word. Hence, option (d) is
the right answer choice.
with the given word. Hence, option (d) is
the right answer choice.
S9. Ans. (a)
Sol. suspension fits in the blank implying
the meaning of the sentence. Hence, option
(a) is the right answer choice
the meaning of the sentence. Hence, option
(a) is the right answer choice
S10. Ans.
(d)
(d)
Sol. Persecution fits in the blank implying
the meaning of the sentence. Hence, option
(d) is the right answer choice
the meaning of the sentence. Hence, option
(d) is the right answer choice
S11. Ans.
(a)
(a)
Sol. Accelerated fits in the blank implying
the meaning of the sentence. Hence, option
(a) is the right answer choice
the meaning of the sentence. Hence, option
(a) is the right answer choice
S12. Ans.
(e)
(e)
Sol. Violates fits in the blank implying the
meaning of the sentence. Hence, option
(e) is the right answer choice
meaning of the sentence. Hence, option
(e) is the right answer choice
S13. Ans.
(b)
(b)
Sol. Premeditated fits in the blank implying
the meaning of the sentence. Hence, option
(b) is the right answer choice
the meaning of the sentence. Hence, option
(b) is the right answer choice
S14. Ans.
(a)
(a)
Sol. Committed fits in the blank implying
the meaning of the sentence. Hence, option
(a) is the right answer choice
the meaning of the sentence. Hence, option
(a) is the right answer choice
S15. Ans.
(d)
(d)
Sol. Judgment fits in the blank implying the
meaning of the sentence. Hence, option
(d) is the right answer choice
meaning of the sentence. Hence, option
(d) is the right answer choice
