Subscribe Mahendras Youtube Channel | Join Mahendras Telegram Channel | Like Mahendras Facebook Page | Online Admission | Download Mahendras App

Now Subscribe for Free videos

Subscribe Now

English Language Quiz For IBPS & SBI Exam | 09-06-2021

Swati Mahendras


Dear Readers,

Mahendras has started special quizzes for IBPS & SBI Exam so that you can practice more and more to crack the examination. This IBPS & SBI Exam special quiz series will mold your preparations in the right direction and the regular practice of these quizzes will be really very helpful in scoring good marks in the Examination. Here we are providing you the important question of reasoning ability for the IBPS & SBI Exam.

1 Choose the word most similar in meaning to the given word given in bold.


A. block

B. contemporary

C. impede

D. vigilant

01. Only B

02. Only C

03. Only A and B

04. Only A and C

05. All of the above

2-6. Read the following passage and answer the following questions.

The Indian government suddenly declared that as of midnight that night all bills in denominations of 500 and 1,000 rupees would cease to be legal tender. The policy is called Demonetization, applied to 86 percent of the value of all currency in circulation. It was a state intervention of historic proportion. The goal, the government said, was to eliminate fake Indian currency notes, force people to bring out wealth they had hidden to avoid paying taxes on it so-called black money and help India switch from cash to digital money. To counter the criticism that erupted, the government later pointed to other countries that had adopted similar measures in recent times, including Iraq, North Korea and Venezuela. Nearly eight months later, a lot of data is now available to help us assess what demonetization has actually wrought. Here it is, in a word: Demonetization failed to do what it was supposed to do, and although the immediate disruption it caused was less severe than feared at first, the policy’s impact is turning out to be more protracted than initially expected. Very little black money has been caught. The truly corrupt hold their black money not as money at all, but as real estate and bank balances abroad. The government had authorized people to trade in up to 4,000 rupees in the cancelled notes, so some parcelled their 500- and 1,000-rupee bills into small bundles and got multiple agents money mules to change them, no questions asked.

The government’s freshly minted 2,000-rupee notes promptly became the new stash currency of choice. In the first weeks, even months, following demonetization, there was visible chaos. Soviet-era-style queues snaked in front of banks and A.T.M.s. The informal sector mostly small traders, farmers and small unregistered businesses were not as large as some of us had feared. G.D.P. growth in the last quarter of 2016 was 7 percent and manufacturing activity continued to grow. On the other hand, there may be greater long-term side effects than expected. The problems appeared unexpectedly, when agricultural products arrived on the market. In January, with cash shortages in full swing, demand plunged and food prices collapsed. By February, potato prices in Uttar Pradesh were just over half of what they had been during most of 2016 (at around 350 rupees per quintal, instead of over 600 rupees per quintal). Tomato prices were less than one-third. Onion prices in May were half of what they had been a year before. The cost of onions in India is notoriously volatile and often influenced by politics and elections but the likeliest culprit for this year’s drop was demonetization. The outcome was curious: Widespread suffering in the midst of plenty. Incomes crashed and distress mounted among farmers, a group in India already affected by high suicide rates because of mass indebtedness and the downturn has hit more than the farming sector. The Indian economy was on a good trajectory until last year, and the government deserves credit for that. It had taken major steps to cut the costs of doing business and unify taxes on goods and services. With, in addition, the drop in world oil prices (which meant huge savings for India, an oil importer) and the rise of labour costs in China (which made Indian manufacturing and exports more competitive), there was every reason to believe that the Indian economy would soon get back to where it was before the 2008 world financial crisis: growing at over 9 percent per year. An economy is a complex machine, and there is no way to be absolutely certain that the cause of all this is demonetization. But there is a telltale sign. Much of the slowdown originated in the financial sector. Rural loans increased by only 2.5 percent between October 2016 and April 2017, compared with 12.9 percent a year before. The rate of growth in overall bank credit declined.

All this augurs poorly for the months to come. As the agriculture sector slows down in response to low crop prices and the credit shortage begins to bite, overall growth will likely fall further. The state-engineered shock of demonetization will continue to course through the economy. Demonetization did boost the use of digital money, which is more efficient than paper money. But the government didn’t need to put 86 percent of the currency out of circulation to achieve that. Demonetization was too coarse an approach, and it accomplished too little while causing too much collateral damage. India’s economy has enormous strengths such as high rates of savings and investment and this crisis will pass. But just as sailors heading to sea disregard the winds and waves at their peril, economic policy-makers cannot ignore the laws of economics, and intervene in the market with a blunt and heavy hand, without risking shipwreck.

2.In the question below a word is given. Find the alternative which is MOST SIMILAR in meaning to the given word.


01. Ephemeral

02. Fleeting

03. Transient

04. Extended

05. Transitory

3.As per the passage, mention the consequences of the implementation of the demonetisation.

01. Demonetisation has caused a remarkable slowdown in the financial sector.

02. The Demonetisation has vastly contributed to the change in the prices of vegetables.

03. The usage of digital money has been spurred by the implementation of demonetisation.

04. The newly launched denomination of Rs 2000 has become the new currency to hide by choice.

05. All of the above.

4.According to the passage, which of the following statements is not true?

01. There has been a significant increase in the number of suicides of farmers in a specific region.

02. The demonetisation has drastically contributed to the decline in the prices of vegetables.

03. Demonetization lived up to the expectations as it did what it was supposed to do and the impact is long-term.

04. India being an oil importer, is hugely benefitted by the drop in the prices of oil.

05. High quantities of savings and investments are colossal strengths of the Indian economy.

5.As per the passage, mention the aspirations of the government behind declaring the policy demonetisation.

A. Demonetisation was brought to action so as to put an end to the fake Indian currency notes in circulation.

B. In order to force citizens to bring out affluence they had hidden to avoid paying taxes on it, demonetization was implemented.

C. One of the most significant motives behind the application of demonetisation was to make a great switch from physical to digital currency.

01. Only (A)

02. Only (B)

03. Only (C)

04. All (A), (B) and (C)

05. Only (A) and (C)

6.What should not have been done by the government to boost the use of digital money?

01. Launching the demonetisation.

02. Providing more and more credit to farmers.

03. Introducing the currency of denomination 2000.

04. Taking steps to cut the cost of doing business.

05. Both (1) and (3).

7-10. Which of the Phrases (1), (2), (3) and (4) given below each sentence should replace the phrase given in bold in the sentence to make it grammatically correct. If the sentence is correct as it is given and no correction is required, mark (5) as the answer.

7.The contents of the website are certainly disrespectfully to the religious sentiments and faith.

01. certain disrespectfully

02. certainty disrespect

03. certainly disrespected

04. certainly disrespectful

05. No correction required

8.The incident occurred after the teacher objected to the miscreant who was loitering in the school.

01. which was loitering

02. where was loitering

03. whose was loitering

04. how was loitering

05. No correction required

9.The central air- conditioning plant would rusted but not used regularly.

01. would rust however

02. would rusts if

03. would rust if

04. would rusting how

05. No correction required

10.Farmers should be given cash grants too ensure that they can buy equipment on their own

01. grants to ensure

02. grant into ensure

03. grants to surity

04. granted to assure

05. No correction required


Q.1 (4)

Q.2 (4)

Q.3 (1)

Q.4 (3)

Q.5 (4)

Q.6 (1)

Q.7 (4)

Q.8 (5)

Q.9 (3)

Q.10 (1)


Post a Comment


Copyright © 2019-20 All Right Reserved Powered by Mahendra Educational Pvt . Ltd.