LIC AAO English Language Quiz 7th April 2019 | Day 27

English Quiz For LIC AAO 2019

Life Insurance Corporation of India has released the notification for various posts for the Recruitment in 2019-20. This is a great opportunity for all those who aspire to get a Government Job this year. Now the next step is to start practicing for the exam from now itself. Thus, the English Language can be an impetus for your success as it helps you save crucial time and score good points in lesser time and effort. So, instead of boiling the ocean, try building up a strong vocabulary, an effective knowledge of grammar, and efficient comprehension skills so as to be on the ball to face this particular section. Here is a quiz on English Language being provided by Adda247 to let you practice the best of latest pattern English Questions for LIC AAO 2019.

Directions (1-10): In the passage given below there are blanks which are numbered from 1 to 10. They are to be filled with the options given below the passage against each of the respective numbers. Find out the appropriate word in each case which can most suitably complete the sentence without altering its meaning.

Q1. The Supreme Court order quashing a circular issued by the RBI on resolution of bad loans is a setback to the evolving process for debt resolution. The (1)…………………………. of the February 12, 2018 circular could slow down and (2)……………………. the resolution process for loans aggregating to as much as Rs 3.80 lakh crore across 70 large borrowers, according to data from the ratings agency ICRA. The circular had forced banks to (3)……………… defaults by large borrowers with dues of over Rs 2,000 crore within a day after an instalment fell due; and if not resolved within six months after that, they had no choice but to (4)……………….. these accounts for resolution under the Insolvency and Bankruptcy Code. Mounting bad loans, which crossed 10% of all advances at that point, and the failure of existing schemes such as corporate debt restructuring, stressed asset resolution and the Scheme for Sustainable Structuring of Stressed Assets (S4A) to make a dent in resolving them formed the backdrop to this directive. The circular was aimed at breaking the (5)……………… between banks and defaulters, both of whom were content to evergreen loans under available schemes. It introduced a certain credit discipline — banks had to recognise defaults immediately and attempt resolution within a six-month timeframe, while borrowers risked being (6)…………………. into the insolvency process and losing control of their enterprises if they did not regularise their accounts. RBI data prove the circular had begun to impact resolution positively.

It is this credit discipline that risks being (7)…………………. now. It is not surprising that international ratings agency Moody’s has termed the development as “credit negative” for banks. It is true that the circular failed to take into account the peculiarities of specific industries or borrowers and (8)………….. up with a one-size-fits-all approach. It is also true that not all borrowers were deliberate defaulters, and sectors such as power were laid low by (9)……………… beyond the control of borrowers. The RBI could have addressed these concerns when banks and borrowers from these sectors brought these issues to its notice. By taking a hard line and refusing to (10)…………. representations, the RBI may only have harmed its own well-intentioned move. That said, it is now important for the central bank to ensure that the discipline in the system does not slacken. The bond market does not allow any leeway to borrowers in repayment, and there is no reason why bank loans should be any different. The RBI should study the judgment closely, and quickly reframe its guidelines so that they are within the framework of the powers available to it under the law. Else, the good work done in debt resolution in the last one year will be undone.

invalid

negate

resolve

voiding

appreciate

Solution:

'Voiding' means declare that (something) is not valid or legally binding.

Q2. The Supreme Court order quashing a circular issued by the RBI on resolution of bad loans is a setback to the evolving process for debt resolution. The (1)…………………………. of the February 12, 2018 circular could slow down and (2)……………………. the resolution process for loans aggregating to as much as Rs 3.80 lakh crore across 70 large borrowers, according to data from the ratings agency ICRA. The circular had forced banks to (3)……………… defaults by large borrowers with dues of over Rs 2,000 crore within a day after an instalment fell due; and if not resolved within six months after that, they had no choice but to (4)……………….. these accounts for resolution under the Insolvency and Bankruptcy Code. Mounting bad loans, which crossed 10% of all advances at that point, and the failure of existing schemes such as corporate debt restructuring, stressed asset resolution and the Scheme for Sustainable Structuring of Stressed Assets (S4A) to make a dent in resolving them formed the backdrop to this directive. The circular was aimed at breaking the (5)……………… between banks and defaulters, both of whom were content to evergreen loans under available schemes. It introduced a certain credit discipline — banks had to recognise defaults immediately and attempt resolution within a six-month timeframe, while borrowers risked being (6)…………………. into the insolvency process and losing control of their enterprises if they did not regularise their accounts. RBI data prove the circular had begun to impact resolution positively.

complex

vacating

exaggerating

complicate

dishearten

Solution:

'Complicate' is the correct fit for the blank here both grammatically and contextually.

Q3. The Supreme Court order quashing a circular issued by the RBI on resolution of bad loans is a setback to the evolving process for debt resolution. The (1)…………………………. of the February 12, 2018 circular could slow down and (2)……………………. the resolution process for loans aggregating to as much as Rs 3.80 lakh crore across 70 large borrowers, according to data from the ratings agency ICRA. The circular had forced banks to (3)……………… defaults by large borrowers with dues of over Rs 2,000 crore within a day after an instalment fell due; and if not resolved within six months after that, they had no choice but to (4)……………….. these accounts for resolution under the Insolvency and Bankruptcy Code. Mounting bad loans, which crossed 10% of all advances at that point, and the failure of existing schemes such as corporate debt restructuring, stressed asset resolution and the Scheme for Sustainable Structuring of Stressed Assets (S4A) to make a dent in resolving them formed the backdrop to this directive. The circular was aimed at breaking the (5)……………… between banks and defaulters, both of whom were content to evergreen loans under available schemes. It introduced a certain credit discipline — banks had to recognise defaults immediately and attempt resolution within a six-month timeframe, while borrowers risked being (6)…………………. into the insolvency process and losing control of their enterprises if they did not regularise their accounts. RBI data prove the circular had begun to impact resolution positively.

handles

perplex

clearing

recognise

considered

Solution:

'Recognise' is the correct fit for the blank here both grammatically and contextually.

Q4. The Supreme Court order quashing a circular issued by the RBI on resolution of bad loans is a setback to the evolving process for debt resolution. The (1)…………………………. of the February 12, 2018 circular could slow down and (2)……………………. the resolution process for loans aggregating to as much as Rs 3.80 lakh crore across 70 large borrowers, according to data from the ratings agency ICRA. The circular had forced banks to (3)……………… defaults by large borrowers with dues of over Rs 2,000 crore within a day after an instalment fell due; and if not resolved within six months after that, they had no choice but to (4)……………….. these accounts for resolution under the Insolvency and Bankruptcy Code. Mounting bad loans, which crossed 10% of all advances at that point, and the failure of existing schemes such as corporate debt restructuring, stressed asset resolution and the Scheme for Sustainable Structuring of Stressed Assets (S4A) to make a dent in resolving them formed the backdrop to this directive. The circular was aimed at breaking the (5)……………… between banks and defaulters, both of whom were content to evergreen loans under available schemes. It introduced a certain credit discipline — banks had to recognise defaults immediately and attempt resolution within a six-month timeframe, while borrowers risked being (6)…………………. into the insolvency process and losing control of their enterprises if they did not regularise their accounts. RBI data prove the circular had begun to impact resolution positively.

refer

caters

surrendering

captures

catering

Solution:

'Refer' fits in the blank correctly and makes it meaningful.

Q5. The Supreme Court order quashing a circular issued by the RBI on resolution of bad loans is a setback to the evolving process for debt resolution. The (1)…………………………. of the February 12, 2018 circular could slow down and (2)……………………. the resolution process for loans aggregating to as much as Rs 3.80 lakh crore across 70 large borrowers, according to data from the ratings agency ICRA. The circular had forced banks to (3)……………… defaults by large borrowers with dues of over Rs 2,000 crore within a day after an instalment fell due; and if not resolved within six months after that, they had no choice but to (4)……………….. these accounts for resolution under the Insolvency and Bankruptcy Code. Mounting bad loans, which crossed 10% of all advances at that point, and the failure of existing schemes such as corporate debt restructuring, stressed asset resolution and the Scheme for Sustainable Structuring of Stressed Assets (S4A) to make a dent in resolving them formed the backdrop to this directive. The circular was aimed at breaking the (5)……………… between banks and defaulters, both of whom were content to evergreen loans under available schemes. It introduced a certain credit discipline — banks had to recognise defaults immediately and attempt resolution within a six-month timeframe, while borrowers risked being (6)…………………. into the insolvency process and losing control of their enterprises if they did not regularise their accounts. RBI data prove the circular had begun to impact resolution positively.

connect

circuiting

focal

linked

nexus

Solution:

'Nexus' means a connection or series of connections linking two or more things.

Q6. The Supreme Court order quashing a circular issued by the RBI on resolution of bad loans is a setback to the evolving process for debt resolution. The (1)…………………………. of the February 12, 2018 circular could slow down and (2)……………………. the resolution process for loans aggregating to as much as Rs 3.80 lakh crore across 70 large borrowers, according to data from the ratings agency ICRA. The circular had forced banks to (3)……………… defaults by large borrowers with dues of over Rs 2,000 crore within a day after an instalment fell due; and if not resolved within six months after that, they had no choice but to (4)……………….. these accounts for resolution under the Insolvency and Bankruptcy Code. Mounting bad loans, which crossed 10% of all advances at that point, and the failure of existing schemes such as corporate debt restructuring, stressed asset resolution and the Scheme for Sustainable Structuring of Stressed Assets (S4A) to make a dent in resolving them formed the backdrop to this directive. The circular was aimed at breaking the (5)……………… between banks and defaulters, both of whom were content to evergreen loans under available schemes. It introduced a certain credit discipline — banks had to recognise defaults immediately and attempt resolution within a six-month timeframe, while borrowers risked being (6)…………………. into the insolvency process and losing control of their enterprises if they did not regularise their accounts. RBI data prove the circular had begun to impact resolution positively.

pull

dragged

relieved

exalt

Both (b) and (d)

Solution:

'Dragged' is the correct fit for the blank here both grammatically and contextually.

Q7. The Supreme Court order quashing a circular issued by the RBI on resolution of bad loans is a setback to the evolving process for debt resolution. The (1)…………………………. of the February 12, 2018 circular could slow down and (2)……………………. the resolution process for loans aggregating to as much as Rs 3.80 lakh crore across 70 large borrowers, according to data from the ratings agency ICRA. The circular had forced banks to (3)……………… defaults by large borrowers with dues of over Rs 2,000 crore within a day after an instalment fell due; and if not resolved within six months after that, they had no choice but to (4)……………….. these accounts for resolution under the Insolvency and Bankruptcy Code. Mounting bad loans, which crossed 10% of all advances at that point, and the failure of existing schemes such as corporate debt restructuring, stressed asset resolution and the Scheme for Sustainable Structuring of Stressed Assets (S4A) to make a dent in resolving them formed the backdrop to this directive. The circular was aimed at breaking the (5)……………… between banks and defaulters, both of whom were content to evergreen loans under available schemes. It introduced a certain credit discipline — banks had to recognise defaults immediately and attempt resolution within a six-month timeframe, while borrowers risked being (6)…………………. into the insolvency process and losing control of their enterprises if they did not regularise their accounts. RBI data prove the circular had begun to impact resolution positively.

manipulate

hinder

compromised

dignified

capable

Solution:

'Compromised' is the correct fit for the blank.

Q8. The Supreme Court order quashing a circular issued by the RBI on resolution of bad loans is a setback to the evolving process for debt resolution. The (1)…………………………. of the February 12, 2018 circular could slow down and (2)……………………. the resolution process for loans aggregating to as much as Rs 3.80 lakh crore across 70 large borrowers, according to data from the ratings agency ICRA. The circular had forced banks to (3)……………… defaults by large borrowers with dues of over Rs 2,000 crore within a day after an instalment fell due; and if not resolved within six months after that, they had no choice but to (4)……………….. these accounts for resolution under the Insolvency and Bankruptcy Code. Mounting bad loans, which crossed 10% of all advances at that point, and the failure of existing schemes such as corporate debt restructuring, stressed asset resolution and the Scheme for Sustainable Structuring of Stressed Assets (S4A) to make a dent in resolving them formed the backdrop to this directive. The circular was aimed at breaking the (5)……………… between banks and defaulters, both of whom were content to evergreen loans under available schemes. It introduced a certain credit discipline — banks had to recognise defaults immediately and attempt resolution within a six-month timeframe, while borrowers risked being (6)…………………. into the insolvency process and losing control of their enterprises if they did not regularise their accounts. RBI data prove the circular had begun to impact resolution positively.

come

comes

came

coming

None of the Above

Solution:

'Came' is the correct fit for the blank as the sentence is in past tense.

Q9. The Supreme Court order quashing a circular issued by the RBI on resolution of bad loans is a setback to the evolving process for debt resolution. The (1)…………………………. of the February 12, 2018 circular could slow down and (2)……………………. the resolution process for loans aggregating to as much as Rs 3.80 lakh crore across 70 large borrowers, according to data from the ratings agency ICRA. The circular had forced banks to (3)……………… defaults by large borrowers with dues of over Rs 2,000 crore within a day after an instalment fell due; and if not resolved within six months after that, they had no choice but to (4)……………….. these accounts for resolution under the Insolvency and Bankruptcy Code. Mounting bad loans, which crossed 10% of all advances at that point, and the failure of existing schemes such as corporate debt restructuring, stressed asset resolution and the Scheme for Sustainable Structuring of Stressed Assets (S4A) to make a dent in resolving them formed the backdrop to this directive. The circular was aimed at breaking the (5)……………… between banks and defaulters, both of whom were content to evergreen loans under available schemes. It introduced a certain credit discipline — banks had to recognise defaults immediately and attempt resolution within a six-month timeframe, while borrowers risked being (6)…………………. into the insolvency process and losing control of their enterprises if they did not regularise their accounts. RBI data prove the circular had begun to impact resolution positively.

exterior

rejuvenation

activity

gallows

externalities

Solution:

'Externalities' mean a consequence of an industrial or commercial activity which affects other parties without this being reflected in market prices, such as the pollination of surrounding crops by bees kept for honey.

Q10. The Supreme Court order quashing a circular issued by the RBI on resolution of bad loans is a setback to the evolving process for debt resolution. The (1)…………………………. of the February 12, 2018 circular could slow down and (2)……………………. the resolution process for loans aggregating to as much as Rs 3.80 lakh crore across 70 large borrowers, according to data from the ratings agency ICRA. The circular had forced banks to (3)……………… defaults by large borrowers with dues of over Rs 2,000 crore within a day after an instalment fell due; and if not resolved within six months after that, they had no choice but to (4)……………….. these accounts for resolution under the Insolvency and Bankruptcy Code. Mounting bad loans, which crossed 10% of all advances at that point, and the failure of existing schemes such as corporate debt restructuring, stressed asset resolution and the Scheme for Sustainable Structuring of Stressed Assets (S4A) to make a dent in resolving them formed the backdrop to this directive. The circular was aimed at breaking the (5)……………… between banks and defaulters, both of whom were content to evergreen loans under available schemes. It introduced a certain credit discipline — banks had to recognise defaults immediately and attempt resolution within a six-month timeframe, while borrowers risked being (6)…………………. into the insolvency process and losing control of their enterprises if they did not regularise their accounts. RBI data prove the circular had begun to impact resolution positively.

noted

heed

disregarding

consideration

admiration

Solution:

'Heed' means pay attention to; take notice of.

Directions (11-15): Rearrange the following sentences (A), (B), (C), (D) and (E) in the proper sequence to form a meaningful paragraph and then answer the questions given below.

(A) In the same manner, laws of gravity expect us to see stars closer to the centre of galaxies rotating faster than the stars on the edge.

(B) This implied that something invisible and enveloping the galaxies was giving an extra push to the outer stars, speeding them up.

(C) In the solar system, Mercury, the planet closest to the Sun, takes just 88 days to make one revolution around the sun, while Neptune, the farthest one, takes 165 years to make one round.

(D) This entity has remained as one of the central unresolved puzzles in cosmology since 1930s. It is, no wonder, named `Dark Matter’.

(E) However, in most galaxies, the stars closer to the centre and the stars at the edge of the galaxies take almost same time to make one revolution.

Q11. Which of the following is the SECOND sentence after rearrangement?

Solution: