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 bad loan problem in the banking sector is likely to linger for a long while. Among other things, it will affect the sector’s ability to finance productive sectors of the economy. The Reserve Bank of India (RBI), on its part, is trying different things to help the banking sector, but conditions at the aggregate level are not improving as desired. As a recent Credit Suisse report noted, on top of 12% impaired assets, another 4.5% of loans are estimated to be stressed—and expecting a turnaround in the asset quality cycle would be premature.
It is now being reported that the banking regulator under new governor Urjit Patel wants to give more flexibility to banks to deal with the issue of bad loans. It appears that the current bad loan problem is becoming a difficult learning experience for RBI and it is not very sure as to what exactly needs to be done. When one option doesn’t work, it comes up with another one or tweaks the existing one in order to make things easier for the banking system. But the problem is so deep at the aggregate level that RBI’s measures are not making much of a difference.
For instance, in 2014, RBI came up with a scheme that allowed banks to extend the maturity of loans given to companies in the infrastructure sector. In 2015, it gave banks the option of converting a part of the debt into equity and taking a controlling stake in stressed companies.The regulator introduced another option called the Scheme for Sustainable Structuring of Stressed Assets, or S4A. This allows lenders to determine the sustainable level of debt for a stressed company and split the outstanding debt into sustainable debt and equity with some caveats. The idea again is that as the company turns around, equity will provide an upside to the lenders. But these options are not easy to implement on the ground and there is no guarantee that banks will be able to recover the money.
A report showed that lenders had been left with some difficult choices after they failed to find a buyer for debt-laden Essar Steel. The options they have are to either take an equity stake in the company or auction bad loans worth Rs44,000 crore to asset reconstruction companies (ARCs).Both are difficult choices. Selling loans to the ARCs will attract a significant amount of haircut and an equity stake comes with its own uncertainties. This is just an illustration of how difficult things have become for the banking sector that is sitting on toxic loans worth Rs6.3 trillion.
Q1 The regulator introduced another option called the Scheme for
01. Sustain Sequential of Stressed Assets, or S4A
02. Summing Silhouette of Stressed Assets, or S4A
03. Sustainable Structuring of Distressed Assets, or S4A
04. Sustainable Structuring of Stressed Assets, or S4A
05. Sustainable Structuring of Silver Assets, or S4A
Q2 Choose the appropriate title for the above passage?
01. Good loans: back to the drawing board
02. Bed loans: back to the drawing room
03. Bad loans: calling drawing board
04. Bed loans: back to the pavilion
05. Bad loans: back to the drawing board
Q3 Which of the following statement is TRUE according to the passage?
01. The regulator introduced another option called the Scheme for Sustainable Structuring of Stressed Assets, or S4A.
02. S4A prohibits lenders to determine the sustainable level of debt for a stressed company.
03. The idea is that as the company turns around, equity will provide a downside to the lenders.
04. There is a guarantee that banks will be able to recover the money.
05. The bad loan problem will never affect the sector’s ability to finance productive sectors of the economy.
Q4 The bad loan problem in the banking sector will affect the sector’s ability to finance productive sectors of the-
01. agriculture
02. service industry
03. financial market
04. economy
05. stock exchange
Q5 Which of the following statement is NOT TRUE according to the passage?
01. A report showed that lenders had been left with some difficult choices after they failed to find a buyer for debt-laden Essar Steel.
02. The options are to either take an equity stake in the company or auction bad loans worth Rs44,000 crore to asset reconstruction companies (ARCs).
03. Selling loans to the ARCs will attract a significant amount of haircut and an equity stake comes with its own uncertainties.
04. The banking sector is sitting on toxic loans worth Rs 9.3 trillion.
05. As a recent Credit Suisse report noted, on top of 12% impaired assets, another 4.5% of loans are estimated to be stressed—and expecting a turnaround in the asset quality cycle would be premature.
Q6 A report showed that lenders had been left with some difficult choices after they failed to find a buyer for?
01. debt-laden Ericsson
02. debt-laden Tata Steels
03. debt-laden Birla Firms
04. debt-laden Essar Steel
05. debt-laden reconstruction company
Q7 Choose the word which is most nearly the OPPOSITE in meaning as the word given in bold as used in the passage.
Impaired
01. damaged
02. harmed
03. defective
04. perfect
05. broken
Q8 Choose the word most SIMILAR in meaning to the word given in bold, as used in the passage.
Illustration
01. exalt
02. praise
03. elucidation
04. laud
05. commend
Q9 Choose the word which is most nearly the OPPOSITE in meaning as the word given in bold as used in the passage.
Tweaks
01. abandoned
02. derelict
03. lonely
04. spoil
05. isolated
Q10 Choose the word most SIMILAR in meaning to the word given in bold, as used in the passage.
Implement
01. execute
02. unable
03. inept
04. incapable
05. unskilled
Answers
1. (4)
2. (5)
3. (1)
4. (4)
5. (4)
6. (4)
7. (4)
8. (3)
9. (4)
10. (1)
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 bad loan problem in the banking sector is likely to linger for a long while. Among other things, it will affect the sector’s ability to finance productive sectors of the economy. The Reserve Bank of India (RBI), on its part, is trying different things to help the banking sector, but conditions at the aggregate level are not improving as desired. As a recent Credit Suisse report noted, on top of 12% impaired assets, another 4.5% of loans are estimated to be stressed—and expecting a turnaround in the asset quality cycle would be premature.
It is now being reported that the banking regulator under new governor Urjit Patel wants to give more flexibility to banks to deal with the issue of bad loans. It appears that the current bad loan problem is becoming a difficult learning experience for RBI and it is not very sure as to what exactly needs to be done. When one option doesn’t work, it comes up with another one or tweaks the existing one in order to make things easier for the banking system. But the problem is so deep at the aggregate level that RBI’s measures are not making much of a difference.
For instance, in 2014, RBI came up with a scheme that allowed banks to extend the maturity of loans given to companies in the infrastructure sector. In 2015, it gave banks the option of converting a part of the debt into equity and taking a controlling stake in stressed companies.The regulator introduced another option called the Scheme for Sustainable Structuring of Stressed Assets, or S4A. This allows lenders to determine the sustainable level of debt for a stressed company and split the outstanding debt into sustainable debt and equity with some caveats. The idea again is that as the company turns around, equity will provide an upside to the lenders. But these options are not easy to implement on the ground and there is no guarantee that banks will be able to recover the money.
A report showed that lenders had been left with some difficult choices after they failed to find a buyer for debt-laden Essar Steel. The options they have are to either take an equity stake in the company or auction bad loans worth Rs44,000 crore to asset reconstruction companies (ARCs).Both are difficult choices. Selling loans to the ARCs will attract a significant amount of haircut and an equity stake comes with its own uncertainties. This is just an illustration of how difficult things have become for the banking sector that is sitting on toxic loans worth Rs6.3 trillion.
Q1 The regulator introduced another option called the Scheme for
01. Sustain Sequential of Stressed Assets, or S4A
02. Summing Silhouette of Stressed Assets, or S4A
03. Sustainable Structuring of Distressed Assets, or S4A
04. Sustainable Structuring of Stressed Assets, or S4A
05. Sustainable Structuring of Silver Assets, or S4A
Q2 Choose the appropriate title for the above passage?
01. Good loans: back to the drawing board
02. Bed loans: back to the drawing room
03. Bad loans: calling drawing board
04. Bed loans: back to the pavilion
05. Bad loans: back to the drawing board
Q3 Which of the following statement is TRUE according to the passage?
01. The regulator introduced another option called the Scheme for Sustainable Structuring of Stressed Assets, or S4A.
02. S4A prohibits lenders to determine the sustainable level of debt for a stressed company.
03. The idea is that as the company turns around, equity will provide a downside to the lenders.
04. There is a guarantee that banks will be able to recover the money.
05. The bad loan problem will never affect the sector’s ability to finance productive sectors of the economy.
Q4 The bad loan problem in the banking sector will affect the sector’s ability to finance productive sectors of the-
01. agriculture
02. service industry
03. financial market
04. economy
05. stock exchange
Q5 Which of the following statement is NOT TRUE according to the passage?
01. A report showed that lenders had been left with some difficult choices after they failed to find a buyer for debt-laden Essar Steel.
02. The options are to either take an equity stake in the company or auction bad loans worth Rs44,000 crore to asset reconstruction companies (ARCs).
03. Selling loans to the ARCs will attract a significant amount of haircut and an equity stake comes with its own uncertainties.
04. The banking sector is sitting on toxic loans worth Rs 9.3 trillion.
05. As a recent Credit Suisse report noted, on top of 12% impaired assets, another 4.5% of loans are estimated to be stressed—and expecting a turnaround in the asset quality cycle would be premature.
Q6 A report showed that lenders had been left with some difficult choices after they failed to find a buyer for?
01. debt-laden Ericsson
02. debt-laden Tata Steels
03. debt-laden Birla Firms
04. debt-laden Essar Steel
05. debt-laden reconstruction company
Q7 Choose the word which is most nearly the OPPOSITE in meaning as the word given in bold as used in the passage.
Impaired
01. damaged
02. harmed
03. defective
04. perfect
05. broken
Q8 Choose the word most SIMILAR in meaning to the word given in bold, as used in the passage.
Illustration
01. exalt
02. praise
03. elucidation
04. laud
05. commend
Q9 Choose the word which is most nearly the OPPOSITE in meaning as the word given in bold as used in the passage.
Tweaks
01. abandoned
02. derelict
03. lonely
04. spoil
05. isolated
Q10 Choose the word most SIMILAR in meaning to the word given in bold, as used in the passage.
Implement
01. execute
02. unable
03. inept
04. incapable
05. unskilled
Answers
1. (4)
2. (5)
3. (1)
4. (4)
5. (4)
6. (4)
7. (4)
8. (3)
9. (4)
10. (1)
.jpg)
0 comments:
Post a Comment
MAHENDRA GURU