Dear Readers,
Mahendras has started special quizzes for IBPS |RBI | NABARD so that you can practice more and more to crack the examination. This IBPS |RBI | NABARD 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 |RBI | NABARD .
1-8. Read the passage carefully and answer the question asked.
The Chinese growth juggernaut is slowing down. The world’s second-largest economy has reported that it’s exports for December fell by 4.4%, the sharpest fall in two years (A) amidst rising trade tensions with the United States and fears of a global economic slowdown. (B) China’s trade surplus with (1)/ U.S. has increased to $323 billion, (2)/its highest level since 2016 (3)/and up 17% from a year ago.(4) This is likely to put added pressure on Chinese exports to the U.S. Besides, China’s factory activity contracted to a two-year low by the end of December while car sales in 2018 dropped for the first time since 1990, pointing to faltering demand from Chinese consumers. There are increasing fears that the Chinese government may further drop its growth target to 6% this year, from 6.5% last year. (C) Given its _______ (I) for global growth, markets across the world have naturally been worried about the _______ (II) of the Chinese economy. Its stock market, in particular, was the worst-performing among major economies last year. Apple, Jaguar Land Rover and other companies have warned of weak earnings due to a slowdown in their sales in China. Responding to fears of a serious slowdown in the economy, the People’s Bank of China on Wednesday injected cash worth $83 billion into (D) the economy through open market operations in order to boost bank lending and overall economic growth. It is believed that the Chinese government may be prepping for a stimulus worth trillions of yuans to step up spending in the economy.
(E) China have been struggling to transition (1)/ from their earlier growth model led (2)/ by cheap exports and huge capital investments (3)/ into a more domestic consumption-led economy. (4). In particular, the government and the central bank have in recent years tried to wean the economy off cheap debt that fuelled its impressive growth run. The Chinese central bank fully opened the credit taps of the economy in the aftermath of the 2008 global financial crisis that threatened to derail growth. But even as it tries to steer the economy towards more consumption-led growth, the state has been wary of allowing economic sectors like real estate that __________________________ (F). A true restructuring of its export- and state-led economic model will not be possible until China allows the liquidation of uneconomical projects that were begun only because of the availability of ample amounts of cheap credit. This will be the first step towards building a more market-driven economy. But it is not clear whether China is willing to bite the bullet (G) and stop feeding its economy with cheap credit. It may be tempted (H) to go further and look at socialising the losses coming from defaults on business loans. None of this will be good for the long-term health of the Chinese or the global economy.
1 Choose the correct option to replace statement (A), if required :
01. its exports on December fell by 4.4%, the sharpest fall in two years
02. its exports for December fell in 4.4%, the sharpest fall in two years
03. its exports for December fell by 4.4%, sharpest fall in two years
04. its exports for December fell by 4.4%, the sharpest fall in two years
05. No correction required.
2 Find out the incorrect part for statement (B):
01. 1
02. 2
03. 3
04. 4
05. 5
3 Choose the correct pair of words to be filled in statement (C):
01. implications, fate
02. consciousness, ill
03. convalesce, mystery
04. innuendo, rate
05. sutures, faults
4 Choose the correct option to replace statement (D), if required:
01. People’s Bank of China on Wednesday injected cash worth $83 billion too
02. the People’s Bank of China upon Wednesday injected cash worth $83 billion into
03. the People’s Bank of China on Wednesday injected cashes worth $83 billion into
04. the People’s Bank of China on Wednesday injected cash worth $83 billion on
05. No correction required.
5 Find out the parts containing errors in statement (E):
01. 1 and 3
02. 1 and 2
03. 3 and 4
04. 1 and 4
05. 2 and 3
6 Choose the most appropriate option to contextually and grammatically complete statement (F):
01. were begun only because of the availability of
02. were earlier boosted by the availability of cheap credit to go bust
03. were the first step towards building a more market-driven economy
04. were the long-term health of the Chinese or the global economy
05. None of the above.
7 Which of the following best expresses the idiom 'Bite the bullet'?
A. decide to do something difficult that one has been hesitating over.
B. fail or come to an end.
C. to treat a topic, but omit its main points.
01. Only A
02. Only A and B
03. Only C
04. Only A and C
05. All A, B and C
8 What is the most appropriate synonym of the word given in bold for (H)
01. resilient
02. cured
03. stultified
04. enticed
05. subrosa
9-10. Which of the Phrases (1), (2), (3) and (4) given below the 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.
9 There are many jobs where there are greater chances of earning money but the quality of life, Indian Air Force offers cannot be found in any other job.
01. is found in many other
02. was to be found in any other
03. has to be found in many other
04. cannot be found in anyone other
05. No correction required
10 The vendors took advantage off the panicky situation and sold milk packet double its price as many residents demanded extra packets from the vendors.
01. took advantage of the panicky situation
02. take advantage of the situation panicky
03. panicky advantage taken of the situation
04. advantage of the situation panicky
05. No correction required
Answers:-
Q.1 (4)
Q.2 (2)
Q.3 (1)
Q.4 (5)
Q.5 (2)
Q.6 (2)
Q.7 (1)
Q.8 (4)
Q.9 (5)
Q.10 (1)
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