English Language Quiz For SBI / RBI Main Exam | 21-04-2020

Dear Readers,


Mahendras has started special quizzes for SBI / RBI Main Exam so that you can practice more and more to crack the examination. This SBI / RBI Main 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 SBI / RBI Main Exam.



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 questions.

The world’s growing riches seem to make little difference to over 100 million people globally as they slide into poverty every year because of healthcare costs. One of the unsolved conundrums in many countries is the inability to provide for universal healthcare coverage, despite economic growth and development. While the financial consequences of illness are severe for many in poorer countries that do not have appropriate systems in place, those in richer nations are by no means immune from this malady. Researchers at Harvard have made the point that illness or medical bills were behind 62 per cent of personal bankruptcies in the United States in 2007. In India, high spending on health is a major reason for people sliding into poverty. Inadequate state delivery systems mean India’s private expenditure on health accounts for 72 per cent of the total health expenditure. Moreover, with poor re-financing options, a staggering 89.5 per cent of this private health expenditure is met out of pocket, from the immediately available funds of individuals. Coming up with viable financing methods, therefore, is an urgent requirement for many countries, including India. The World Health Organisation makes a timely intervention by calling for reforms in the way nations finance healthcare in its World Health Report — Health systems financing: the path to universal coverage.

Any policy that aims at reducing personal financial burden related to healthcare should focus on bringing down the direct payments by the individual. This means a change in who pays for healthcare, now borne overwhelmingly by individuals in countries that have weak government-paid healthcare systems. The question of ‘who-else-should-pay’ gives itself two choices globally: integration of provision and payment, which calls for a lead role by governments; and an institutionally separate agency, say, an insurer or a government body that pays for healthcare on behalf of individuals. In India, there has been an increase in the share of private insurance to meet private health expenditure, up from 1.1 per cent in 1995 to 2.2 per cent in 2008. But this is no substitute for the state’s role in providing basic, affordable healthcare. The report’s suggested domestic options for innovative financing — for instance, diaspora bonds, and a minimal tax on foreign exchange transactions in currency markets (0.005 per cent in the case of India) — are timely as they could help governments fund better state-provided healthcare. Revenues raised from such measures should be used for putting in place strong and affordable delivery systems, particularly in the two important areas of primary and preventive healthcare.

Q1 Which of the following statements is NOT TRUE according to the passage?


01. Any policy that aims at reducing personal financial burden related to healthcare should focus on bringing down the direct payments by the RBI.

02. Researchers at Harvard have made the point that illness or medical bills were behind 62 per cent of personal bankruptcies in the United States in 2007.

03. One of the unsolved conundrums in many countries is the inability to provide for universal healthcare coverage, despite economic growth and development.

04. In India, high spending on health is a major reason for people sliding into poverty.

05. Inadequate state delivery systems mean India’s private expenditure on health accounts for 72 per cent of the total health expenditure.



Q2 Which of the following statements is TRUE according to the passage?

(A) Researchers at Harvard have made the point that illness or medical bills were behind 62 per cent of personal bankruptcies in the United States in 2007.

(B) The report’s suggested domestic options for innovative financing — for instance, diaspora bonds, and a minimal tax on foreign exchange transactions in currency markets (0.005 per cent in the case of India) — are timely as they could help governments fund better state- provided healthcare.

(C) Coming up with viable financing methods, therefore, is an urgent requirement for many countries, including India.


01. Only A

02. Only B

03. Only C

04. All A, B and C

05. Only B and C


Q3 Choose the most appropriate TITLE of the passage?
01. Rich vs Poor

02. Private Insurance

03. Shoring up public healthcare

04. The World Health Organisation

05. World Health Report


Q4 Choose the word most similar in meaning to the word given in bold, as used in the passage.

Overwhelmingly
01. Mildly

02. Peacefully

03. Gently

04. Quietly

05. Destructively


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

Immune

01. Hindered

02. Invulnerable

03. Resistant

04. Licensed

05. Safe


Q-6 Any policy that aims at reducing personal financial burden related to healthcare should focus on-

01. unsolved conundrums in many countries

02. bringing down the direct payments by the individual

03. state-provided healthcare

04. bringing down the direct payments by the RBI

05. state’s role in providing basic, affordable healthcare


Q-7 What per cent has been increased in the share of private insurance in 1995 in India?

01. 1.1 per cent

02. 2.2 per cent

03. 3.3 per cent

04. 0.005 per cent

05. 89.5 per cent


Q-8 In India, there has been an increase in the share of private insurance-

(A) To meet private health expenditure

(B) To reduce personal financial burden

(C) To provide for universal healthcare coverage


01. Only A

02. Only B

03. All A, B and C

04. Only A and B

05. Only C


Q-9 Who makes a timely intervention by calling for reforms in the way nations finance healthcare?

01. Researchers at Harvard

02. India

03. The World Health Organisation

04. World Health Report

05. United States


Q10 According to the passage, what is the major reason for people sliding into poverty in India?

01. Innovative financing

02. Unsolved conundrums

03. The path to universal coverage

04. State-provided healthcare

05. High spending on health


Answers

1. (1)

2. (4)

3. (3)

4. (5)

5. (1)

6. (2)

7. (1)

8. (1)

9. (3)

10. (5)