English Language Quiz For IBPS | RBI | SBI | NABARD | 24-06-2022

 

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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  .

1-5. 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 Centre’s reported decision to cap the subsidy on cooking gas makes perfect sense. Open-ended — and, in effect, unlimited — consumption subsidies on petroleum products simply misallocate resources, stymie investment and jack up the cost of funds across the board. The subsidy on domestic LPG cylinders is also overwhelmingly appropriated by the non-poor and needs to be phased out for the greater good. In parallel, what’s needed is stepped-up _(1)_ of piped cooking gas, on which there is no upfront subsidy.

Consumers currently pay less than half the market price for up to 12 subsidised LPG cylinders per year. Petroleum minister has been quoted as saying that while the number of subsidised cylinders will remain the same, their _(2)_ price will change. Note that last year, the LPG subsidy added up to over Rs 46,000 crore, much of it questionable. Worse, a 2012 survey _(3)_ that 25 per cent of domestic LPG in Karnataka were ‘ghost’ connections. And in 2013, it was found that 20 per cent of its 1.6 crore registered LPG consumers in Andhra Pradesh were _(4)_. The way ahead is to gradually phase out the upfront subsidy on a time-bound basis and opt, instead, for targeted direct benefit transfers using Aadhaar and other foolproof mechanisms. The idea ought to be to move to a competitive market price rather than a distorted subsidised price that is perverse incentive for _(5)_ and artificial shortages. In tandem, we need to genuinely open up LPG marketing so that multiple players can competitively seek custom and, in the process, drive down costs by improving logistics and supply.

Q1 Choose the correct option for (1)

01. contribution

02. distribution

03. demand

04. attention

05. forage

Q2 Choose the correct option for (2)

01. purchase

02. demanding

03. deliverable

04. stable

05. exchanging

Q3 Choose the correct option for (3)

01. revealed

02. exposed

03. disclosed

04. apply

05. concluded

Q4 Choose the correct option for (4)

01. pure

02. bogus

03. fraud

04. mislead

05. good

Q5 Choose the correct option for (5)

01. arbitrage

02. honest

03. transfering

04. assistance

05. clear

6-10. Rearrange the following sentences (A), (B), (C), (D), (E) and (F) in the proper sequence to form a meaningful paragraph, then answer the questions given below them.

(A) And with no fresh taxes, is fiscally not impossible to manage, to the extent that not all the subsidies to the better-off

(B) Can be cut, one will, of course, need some more taxes to fund UBI—for example, by carrying out some simple reforms

(C) To the administrative process of the absurdly low-value assessments and property tax collections in India, as the real-estate sector

(D) A UBI of Rs 10,000, funded by regressive subsidies and a fraction of revenue foregone in the Central budget,

(E) UBI is that it will lead to work disincentives as any feasible UBI for India in the foreseeable future.

(F) Partly from replacing some egregiously dysfunctional current welfare policies, a common argument against

(G) Has been booming off and on for many years. UBI should be administered by the Central government. UBI funding could also come

Q6 Which of the following is the FIRST sentence after rearrangement?

01. G

02. B

03. C

04. D

05. E

Q7 Which of the following is the LAST sentences after rearrangement?

01. A

02. B

03. C

04. D

05. E

Q8 Which of the following is the SECOND sentences after rearrangement?

01. G

02. E

03. A

04. B

05. D

Q9 Which of the following is the FORTH sentences after rearrangement?

01. A

02. D

03. C

04. B

05. E

Q10 Which of the following is the FIFTH sentences after rearrangement?

01. G

02. A

03. B

04. F

05. E

Answers:-

Q.1 (2)

Q.2 (3)

Q.3 (1)

Q.4 (2)

Q.5 (1)

Q.6 (4).

Q.7 (5).

Q.8 (3).

Q.9 (3).

Q.10 (1). The correct sequence is DABCGFE and the passage is based on the fundamental basic income for India.