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Dear Readers,
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 Centre’s plan to relieve the RBI of public debt management in about two years is welcome. When the RBI manages the government’s debt, it leads to a conflict with its role as monetary authority working to contain inflation and ensure financial stability. Why burden the RBI with twin incentives pulling in opposite directions such as would arise when, say, rising _(1)_demands an increase in policy rates but the government wants takers for its debt offered at a low rate? Hiving off debt management will _(2)_the central bank to focus on monetary policy of setting short-term interest rates.
Around the world, several central banks have shed managing the public debt, and the government’s plan is in sync with best practices. As an interim measure, the finance ministry has _(3)_a public debt management cell to work with the RBI in finalising market borrowings and managing its_(4)_. This makes sense to ensure a smooth transition in two years.
Existing functionaries in RBI should be roped into the public debt _(5)_agency as they have the domain expertise._(6)_, this doesn’t amount to a radical departure from the present practice. This is because, in an interdependent world where capital moves across borders, the notion that the RBI and the government can function in silos is flawed. The financial crisis has _(7)_that the management of government debt, regulation of banks and monetary policy are all interlinked. As a custodian of foreign exchange reserves, the RBI may have to sell dollars to buy rupees, sucking out liquidity. If the government chooses that precise moment to issue bonds, sucking out even more liquidity, it might upset the RBI’s liquidity management plans. Such interventions can be managed _(8)_only when the government and the RBI are in sync with each other.
Q1 Choose the correct option for (1)
01. population
02. inflation
03. customer
04. celerity
05. market
Q2 Choose the correct option for (2)
01. order
02. thought
03. managing
04. allow
05. amalgamation
Q3 Choose the correct option for (3)
01. create
02. set up
03. act upon
04. forage
05. looked for
Q4 Choose the correct option for (4)
01. draconian
02. facilities
03. liabilities
04. circumstance
05. stability
Q5 Choose the correct option for (5)
01. bovine
02. inquired
03. arrangement
04. facet
05. management
Q6 Choose the correct option for (6)
01. Still
02. Whereas
03. If
04. However
05. Although
Q7 Choose the correct option for (7)
01. vision
02. announced
03. misogamist
04. penetrate
05. shown
Q8 Choose the correct option for (8)
01. savagely
02. carefully
03. seldom
04. regularly
05. embellish
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).
Q9 Union Defence Minister broke through the general restraint (1)/ with which his government had handled the aftermath of the surgical (2)/ strikes with some effusive imagery, describing Pakistan to the anaesthetised (3)/ patient after surgery, and the Indian army like Lord Hanuman, awakening to its own prowess. (4)/ No Error (5)
01. 1
02. 2
03. 3
04. 4
05. 5
Q10 In the early hours of September (1)/ 29, the NDA government carried (2)/ surgical strikes on terror launch pads along the LoC, (3)/ and owned up to it. (4)/ No Error (5)
01. 1
02. 2
03. 3
04. 4
05. 5
Answers:-
Q.1 (2)
Q.2 (4)
Q.3 (2)
Q.4 (3)
Q.5 (5)
Q.6 (5)
Q.7 (4)
Q.8 (2)
Q.9 (3)
Q.10 (2)
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