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Directions (1-10): 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.
India is not yet an economically (1) nation. India has demonstrated its (2) in the IT, biotech and pharmaceutical sectors and has (3) its growth rate to nine per cent per year in the first decade of this century, up from an earlier 40-year (1950-90) socialist era average annual growth rate of a mere 3.5 per cent, to become the third largest nation in terms of GDP at Purchasing Power Parity (PPP) rates. However, it still has a backward agricultural sector of 62 per cent of the people, where there are farmer suicides because of (4) to repay loans. There is a national unemployment rate that is of over 15 per cent of the adult labour force, a prevalence of child labour arising out of nearly 50 per cent of children not making it to school beyond standard five, a deeply malfunctioning primary and secondary educational system, and 300 million illiterates and 250 million people in(5) poverty. India’s infrastructure is (6), with frequent electric power breakdowns even in metropolitan cities, dangerously unhealthy water supply in urban areas, a galloping rate of HIV infection, and gaping potholes that dot our national highways. To become a developed country, therefore, India’s GDP will have to grow at 12 per cent per year for at least a decade. Technically this is within India’s reach, since it would require the rate of investment to rise from the present 28 per cent of GDP to 36 per cent, while productivity growth will have to ensure that the incremental output-capital ratio declines from the present 4.0 to 3.0.
These are modest goals that can be attained by an efficient decision-making structure, tackling corruption, increased Foreign Direct Investment (FDI) and use of IT software in the domestic industry. But for that to happen, what is required are more vigorous market-centric economic (7) to dismantle the remaining vestiges of the Soviet model in Indian planning, especially at the provincial level. The Indian financial system also (8) from a hangover of cronyism and corruption which has left government budgets on the verge of bankruptcy. This too needs fixing. It cannot be (9) by a Reserve Bank of India vitiating the investment climate with an obsession to contain inflationary pressure. It is like killing a patient to lower his body temperature. India’s infrastructure requires about $150 billion to make it world class, while a new innovation climate requires investment in the education system of six per cent of GDP instead of 2.8 per cent today. But an open competitive market system can find these resources (10) the quality of governance and accountability is improved.
Q.1 Choose the correct option for (1)
01. developed
02. ripen
03. individual
04. precise
05. accomplish
Q.2 Choose the correct option for (2)
01. endurance
02. denial
03. excel
04. attain
05. prowess
Q.3 Choose the correct option for (3)
01. distributed
02. flashed
03. prepared
04. accelerated
05. sharing
Q.4 Choose the correct option for (4)
01. sufficient
02. inability
03. subservient
04. competence
05. apt
Q.5 Choose the correct option for (5)
01. minimal
02. created
03. dire
04. disputed
05. ancient
Q.6 Choose the correct option for (6)
01. inspire
02. dynamism
03. misery
04. responded
05. pathetic
Q.7 Choose the correct option for (7)
01. reforms
02. viable
03. treasure
04. sensible
05. revolutionize
Q.8 Choose the correct option for (8)
01. disadvantage
02. endure
03. suffers
04. paining
05. surrender
Q.9 Choose the correct option for (9)
01. remedy
02. adjusts
03. ameliorate
04. rectified
05. revives
Q.10 Choose the correct option for (10)
01. whatever
02. provided
03. such as
04. however
05. definitely
Answers :-
Q.1 (1)
Q.2 (5)
Q.3 (4)
Q.4 (2)
Q.5 (3)
Q.6 (5)
Q.7 (1)
Q.8 (3)
Q.9 (4)
Q.10 (2)
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