English Language Quiz For IBPS | RBI | SBI | NABARD | 29-05-2022

 

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Mahendras has started special quizzes for  IBPS  | RBI  | SBI  | NABARD   so that you can practice more and more to crack the examination. This  IBPS  | RBI  | SBI  | 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  | SBI  | NABARD  .

Q1-8 In the following passage there are blanks each of which has been numbered. These numbers are given below the passage and against each five words have been suggested, one of which fits the blanks appropriately. Find out the appropriate word in each case.

The Securities and Exchange Board of India is right in cracking the whip on promoters of companies that were previously listed on the now shut regional stock exchanges. In a circular issued , the regulator has asked these companies to either list on national stock exchanges or buy back the shares from investors; non-compliance will result in (1) action. Since 2012, SEBI is engaged in winding down the regional exchanges without harming the interests of investors whose money is locked in shares listed on these exchanges. It had provided various exit options to companies including allowing them to list on national stock exchanges with (2) listing norms, seeking voluntary de-listing or listing on disseminating boards set up on national stock exchanges. But despite these measures, investors in the thousands of stocks that are listed on regional stock exchanges have been struggling to find suitable sellers. Companies have been reluctant to de-list as this entails cash outflow and (3) boards have been a failure with scarcely any trading on these platforms; largely due to lack of investor awareness.

Through the recent circular, SEBI has made it easier for companies to raise funds through preferential allotment route so that they can meet the listing requirement of larger national exchanges. Investors will find it easy to find a buyer if these companies start trading on the main platforms of the exchanges. Companies that do not seek listing are required to get their company valued by an independent valuer and make an open offer to their shareholders, which is (4) publicised through media and exchange websites. The promoters making the open offer have to open an escrow account and deposit the amount required to make the open offer in the account. The most important part of the new rules is the penal action prescribed for (5) promoters who do not adopt either of these exit routes. The company, its directors, promoters and other group companies will be (6) from stock markets for 10 years, shares of promoters and directors are to be frozen, their names are to be widely disseminated and their assets can also be attached to pay back investors.

These rules show that SEBI is serious about coming down hard on deviant promoters. The tricky part here will, however, be the valuation of the companies. It needs to be ensured that companies do not dress their accounts to show large losses in order to lower the share value. SEBI has also not specified the date at which the company will be valued; this creates some leeway to (7) with valuation. Factoring in the average revenue and earnings of at least the last three years to arrive at the valuation, will be a good way to (8) this issue. Also, SEBI has made the designated exchanges responsible for over exits of these companies. Given their past track record, it is best that the regulator too keeps track of the implementation of these exits.

Q-1 Choose the correct option for (1)

01. stringent

02. flexible

03. extremely

04. demand

05. stir

Q-2 Choose the correct option for (2)

01. liquidate

02. diluted

03. predatory

04. bearer

05. adulterate

Q-3 Choose the correct option for (3)

01. accentuate

02. dissemination

03. ascension

04. unprecedented

05. assimilate

Q-4 Choose the correct option for (4)

01. cess

02. underpinned

03. entire

04. sufficient

05. adequately

Q-5 Choose the correct option for (5)

01. erroneous

02. errant

03. articulate

04. expulsion

05. equate

Q-6 Choose the correct option for (6)

01. thrusters

02. paddling

03. barred

04. pelt

05. peril

Q-7 Choose the correct option for (7)

01. temper

02. subjugate

03. torment

04. inherent

05. tamper

Q-8 Choose the correct option for (8)

01. colossal

02. circumvent

03. circumference

04. encircle

05. incumbent

Q9-10 Read each part of the sentence to find out if there is any error in it. The error, if any, will be in one part of the sentence. The number of that part is the answer. If there is no error, mark your answer as (5).

Q-9 Kerala is likely to experience severely drought (1)/this year due to deficit rainfall(2)/ to the tune of 32.7 per cent during(3)/ the SouthWest monsoon, the Water Resources Minister said.(4)/No Error (5)

01. Kerala is likely to experience severely drought

02. this year due to deficit rainfall

03. to the tune of 32.7 per cent during

04. the SouthWest monsoon, the Water Resources Minister said

05. No Error

Q-10 The CBSE's Class X board examinations,(1)/ which were scrapped six years before in order to reduce(2)/ pressure on students, are likely to be reintroduced(3)/ following concerns about academic standards being affected.(4)/No Error (5)

01. The CBSE's Class X board examinations

02. which were scrapped six years before in order to reduce

03. pressure on students, are likely to be reintroduced

04. following concerns about academic standards being affected

05. No Error

Answers:-

Q.1 (1)

Q.2 (2)

Q.3 (2)

Q.4 (5)

Q.5 (2)

Q.6 (3)

Q.7 (5)

Q.8 (2)

Q.9 (1)

Q.10 (2)