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Latest Pattern English MCQs for SBI PO/Clerk/IBPS RRBs/BOB PGDBF(June 18, 2018)

5 months ago 0 comments

Dear Aspirants,
Now a days, we are seeing that the level of Questions are increasing day-by-day and also same pattern is not pattern. Every set of examinations come with some new questions. So, we in an exclusive approach are providing you all with the “Latest Pattern English MCQs”. We always try not to leave any stone unturned. This set of posts will definitely giving you a cutting edge to crack all the examinations.

Directions: (1-5) In each of the given questions an inference is given in bold which is then followed by three paragraphs. You have to find the paragraph(s) from where it is inferred. Choose the option with the best possible outcome as your answer.

1. There is inverse relation between price of goods & services and the rate of inflation.  

(A) Inflation is the rate at which the general level of prices for goods and services are rising and, consequently, the purchasing power of currency is falling. Central banks attempt to limit inflation — and avoid deflation — in order to keep the economy running smoothly.

(B) As a result of inflation, the purchasing power of a unit of currency falls. For example, if the inflation rate is 2 percent, then a pack of gum that costs $1 in a given year will cost $1.02 the next year. As goods and services require more money to purchase, the implicit value of that money falls.

(C) Inflation is a sustained increase in price level of goods and services in an economy over a period of time. When the price level rises, each unit of currency buys fewer goods and services; consequently, inflation reflects a reduction in the purchasing power per unit of money – a loss of real value in the medium of exchange and unit of account within the economy.

  1. Only (A)
  2. Only (B)
  3. Only (C)
  4. All (A), (B) and (C)
  5. None of these

2. Direct Benefit Transfer (DBT) Savings may touch Rs 40000 cr in F.Y. 2019.

(A) The DBT had raked in savings of Rs 30000 in 2017-2018. With this, the total sum saved through the DBT since its inception in 2013 will cross Rs 1.25 lac cr.

(B) The Cumulative savings from the DBT over these years nearly equal the total subsidy outgo in FY19 on fertilisers, petroleum, interest and minor items, all of which are tabled under ‘Other Subsidies’ in the Union Budget.

(C) Much of DBT savings came from cleaning up LPG subsidies. Data shows that 3.79 cr duplicate/fake LPG connections were eliminated and 2.22 cr customers stopped claiming subsidy. Total Savings on this count till March 31, 2018 stood at over Rs 42000 cr.

  1. Only (A)
  2. Only (B)
  3. Only (C)
  4. Both (A) and (C)
  5. None of these

3. There is a good hope of recovery for home buyers provided the latest IBC amendment.

(A) The IBC has now been amended to classify home buyers as financial creditors. In the past, they were not part of any category of creditors – operational or financial. The Code defines operational creditors as anyone to whom a debt with respect to operations for goods and services is owed.

(B) Home buyers were kept last in the pecking order, without much rights. For instance, when bidders for bankrupt firms were evaluated, financial creditors usually selected the ones that gave them the best return, while a home buyer may have preferred a bidder who could complete the project.

(C) The ordinance has made an amendment to Section 434 of the Companies Act, 2013. This enables parties to seek the transfer of winding-up cases against companies pending in any court, before the commencement of the IBC, to the NCLT and the court may order the transfer of such cases which would be dealt with as insolvency proceedings application before the NCLT.

  1. Only (A)
  2. Only (B)
  3. Both (A) and (B)
  4. All (A), (B) and (C)
  5. None of (A), (B) and (C)

4. Soybean could soon witness a recovery on renewed hopes of China resuming purchases.

(A) According to the Soybean Processors Association of India (SOPA), 8.35 million metric tonnes (MMT) is the production estimate for the oil year 2017-18 (Nov-Oct) compared with 11.5 MMT a year before. After meeting the demand, India will be left with a stock of approximately 2 MMT.

(B) CBOT (Chicago Board of Trade) soybean futures have been trading in range for the past 12 months due to enough supplies and unsupportive demand. China’s trade sanctions on US soybean also led to sharp corrections between March and May. However, the easing of the trade rift between the US and China may provide support to demand in future.

(C) If the country witnesses timely and adequate rainfalls leading to increased acreage, the governments of major soybean-producing States (Madhya Pradesh, Rajasthan and Chhattisgarh) will try to provide support to the prices like, how Madhya Pradesh did last year through its Bhavantar Bhugtan Yojana.

  1. Only (A)
  2. Only (B)
  3. Both (A) and (B)
  4. All (A), (B) and (C)
  5. None of (A), (B) and (C)

5. Domestic Airlines are growing up their business towards International routs. 

(A) After soaring in the domestic skies, IndiGo is looking to spread its wings on foreign routes, too. Its share in India’s international air traffic shot up to 5.8 per cent in the March 2018 quarter from about 4 per cent in the year-ago period, and 3.2 per cent in the March 2016 quarter.

(B) Jet Airways’ will continue to focus on global operations, which already contribute more than half the airline’s revenue and profit, significantly higher than for any other Indian carrier. The airline’s tie-up with strategic investor Etihad Airways should also mean continued focus on West Asian routes.

(C) GoAir is eligible to fly abroad; recent reports said the airline is gearing up for flights to international destinations. Air Asia India, currently under the glare of investigative agencies, has overseas expansion plans that could roll out, if all goes well, in early 2019.

  1. Only (A)
  2. Only (B)
  3. Both (A) and (B)
  4. All (A), (B) and (C)
  5. None of (A), (B) and (C)

Directions (6-10): Fill up the blanks with a suitable pair of words from the options given below to make a meaningful sentence.

6.  ________ hearing the news he felt ________ because his hard work had not borne fruit.

  1. After, embellished
  2. At, crestfallen
  3. On, dejected
  4. While, elated
  5. At, forlorn

7. He did ________ but ________ .

  1. nothing, complained
  2. all, this
  3. everything, passed
  4. nothing, grudge
  5. None of these

8. Please ________ the grease ________ the floor.

  1. wipe, in
  2. scour, off
  3. take, from
  4. remove, at
  5. None of these

9. He is so ________ that everyone gives him a ________ berth at the parties.

  1. insolent, side
  2. rough, escape
  3. boring, wide
  4. rude, remote
  5. None of these

10. The cashier along with his ________ has been indicted in a case of ________ .

  1. colleague, peculation
  2. subordinate, fraudulent
  3. accomplice, hoax
  4. associate, embezzle
  5. None of these

Answers: 

  1. 5
  2. 4
  3. 1
  4. 2
  5. 4
  6. 3
  7. 4
  8. 2
  9. 3
  10. 1

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