English Language Quiz For IBPS RRB Exam | 05-07-2020

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Mahendras has started special quizzes for IBPS RRB Exam so that you can practice more and more to crack the examination. This  IBPS RRB Exam 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 important question of English Language for IBPS RRB Exam.

Q1-10 Read the following passage carefully and answer the questions given below it. Certain words have been given in bold to help you locate’ them while answering some of the questions.

In a move that stands to benefit about 85 lakh salaried taxpayers, the Central Government launched a scheme under which assessees having annual income up to Rs.5 lakh through salary and bank interest will not be required to file income-tax returns for assessment year 2011-12. 

The scheme is aimed at avoiding duplication of available information in such cases where there are no other sources of income, an official statement said: “The CBDT has notified the scheme exempting salaried taxpayers with total income up to Rs.5 lakh from filing income-tax return for assessment year 2011-12, which will be due on July 31, 2011”. 

According to Central Board of Direct Taxes (CBDT) Chairman Prakash Chandra, the scheme would cover those salaried taxpayers whose interest income per annum is up to Rs.10,000. 

“Individuals having total income up to Rs.5 lakh for 2010-11, after allowable deductions, consisting of salary from a single employer and interest income from deposits in a saving bank account up to Rs.10,000 are not required to file their income tax return,” he said. 

Such individuals will have to report their Permanent Account Number (PAN) and the entire income from bank interest to their employer, pay the entire tax by way of deduction of tax at source, and obtain a certificate of tax deduction in Form No.16. In effect, the Form 16 issued to salaried employees will be treated as I-T return under the scheme. 

As for pensioners engaged in gainful employment, they will also be covered under the scheme, provided their interest income, taxable pension and salary is up to Rs.5 lakh per annum, Mr. Chandra said. 

The scheme, however, will not be applicable to individuals who have received salary from more than one employer in a financial year as may happen when an employee assessee switched jobs. 

The scheme will also not cover those tax payers who have income from sources other than salary and interest income from a savings bank account, or have claims of I-T refund. 

Moreover, “the scheme shall also not be applicable in cases wherein notices are issued for filing the income-tax return under Sec. 142(1) or Sec. 148 or Sec. 153A or Sec. 153C of the Income-tax Act 1961,” the statement said. Notices under these provisions are issued when there is estimate by valuation officer (Sec. 142(1)), income has escaped assessment (Sec. 148), search is carried out (Sec. 153A) and assessment of income of other person (Sec. 153C). 

Q1 Choose the word which is most nearly the SAME in meaning as the word given in bold as used in the passage.

Assesses 

01. Reaches 

02. Avoids 

03. Scatters 

04. Estimates 

05. None of these 

Q2 Choose the word which is most nearly the SAME in meaning as the word given in bold as used in the passage.

Switched 

01. put on 

02. opened 

03. touched 

04. changed 

05. None of these 

Q3 Choose the word which is most nearly the OPPOSITE in meaning as the word given in bold as used in the passage.

Cover 

01. exclude 

02. include 

03. hide 

04. reveal 

05. None of these 

Q4 Choose the word which is most nearly the OPPOSITE in meaning as the word given in bold as used in the passage.

Deduction 

01. reduction 

02. addition 

03. association 

04. automation 

05. None of these 

Q5 Choose the word which is most nearly the OPPOSITE in meaning as the word given in bold as used in the passage.

Received 

01. taken 

02. counted 

03. raised 

04. distributed 

05. None of these 

Q6 The scheme will not be applicable to –

(A) Individuals who have filed their income tax returns within the financial year. 

(B) Tax payer who receive income from sources other than salary and interest income. 

(C) Individuals serving more than one employers. 

01. Only A 

02. Only C 

03. Only A and B 

04. Only B and C 

05. None of these 

Q7 Which of the following are exempted, from filing income tax returns for year 2011-12, as per the new scheme?

(A) Salaried tax payers with total income less than Rs. 5 lakh per annum. 

(B) Taxable pension and salary less than Rs. 5 lakh per annum. 

(C) Salaried taxpayers with total income upto to Rs. 5 lakh per annum. 

(D) Tax able pension and salary upto Rs. 5 lakh per annum. 

01. Only B 

02. Only D 

03. Only A and B 

04. Only B and C 

05. Only C and D 

Q8 Which of the following is NOT TRUE in the context of the passage?

(A) Pensioners engaged in gainful employment will not be covered in the scheme. 

(B) The scheme is meant to avoid duplication of available information. 

(C) The scheme will cover tax payers having income from sources other than salary. 

01. Only A 

02. Only C 

03. Only A and C 

04. Only B and C 

05. None of these 

Q9 Individuals having total income up to Rs. 5 lakh after allowable deductions- 

01. obtain certificate of tax deduction in from No. 16. 

02. Report their PAN. 

03. Report entire income from bank interest to their employer. 

04. Pay tax by way of deduction of tax at source. 

05. All of the above. 

Q10 The scheme would benefit- 

01. 10,0000 taxpayers. 

02. 85 lakh salaried taxpayers. 

03. 5 lakh pensioners. 

04. All of the above 

05. None of these 

Answers 

Q.1 (5) 

Q.2 (4) 

Q.3 (1) 

Q.4 (2) 

Q.5 (5) 

Q.6 (4) 

Q.7 (5) 

Q.8 (3) 

Q.9 (5) 

Q.10 (2)