SBI PO Prelims English Language Quiz – 75

SBI PO Prelims English Language Quiz

English Language plays a very crucial role in every competitive examination. With consistent practice, candidates can ace this section in examination. In this article, we bring to you SBI PO Prelims English Language Quiz to boost your preparation. This SBI PO Prelims English Language Quiz contains various types of questions ranging from easy to difficult level. This SBI PO Prelims English Language Quiz is absolutely FREE. Candidates will be provided with a detailed explanation of each question in this SBI PO Prelims English Language Quiz. In order to be able to answer questions quickly and efficiently in upcoming exams, aspirants must practice this SBI PO Prelims English Language Quiz.

Directions (1-5): Read the following passage carefully and answer the questions given below them. Certain words are given in bold to help you locate them while answering some of the questions.

At the first monetary policy statement of the Reserve Bank of India (RBI) for 2018-19, it seems impossible to believe that the previous bi-monthly on 7 February marked a high point in the relationship between the Union finance ministry and the RBI. There was on that date a regulatory add-on of a 180-day window of forbearance for payment dues from small borrowers, and abolition of loan limits in the MSME (medium, small and micro enterprises) segment. Those initiatives followed the supportive measures for the small-scale sector in the Union budget on 1 February, through the corporate tax cut, and additional funding for the Micro-units Development Refinance Agency (Mudra).

The appearance of team play was shattered after the Punjab National Bank (PNB) fraud broke in mid-February. The PNB fraud has variously been placed as having been in operation since 2011, perhaps even earlier. Union finance minister Arun Jaitley, speaking at the Economic Times Global Business Summit on 23 February, blamed the top management and auditors of PNB, but was also quoted as having added: “Regulators ultimately decide the rules of the game and regulators have to have a third eye which is to be perpetually open. But unfortunately in the Indian system, we politicians are accountable, the regulators are not.

RBI governor Urjit Patel came back forcefully on the occasion of a 14 March address at the Gujarat National Law University, pointing to the lack of ownership-neutrality in the Banking Regulation Act of 1949. The act as amended withholds the RBI from imposing certain types of penalties for errant conduct on public sector banks, like firing the chief executive officer, removing directors or superseding the board. The speech lists seven of them. Patel was right to have pointed them out, appropriately in an address to young entrants into the legal profession. That kind of unevenness in the regulatory landscape clearly has to be swept away.

The PNB fraud is said to have started rolling in 2011. As it happens, RBI that year appointed a high-level steering committee chaired by then deputy governor K.C. Chakraborty (a past chairman of PNB), to upgrade banking supervision to global best practices. Its report recommended that supervision be expanded in scope to go beyond a narrow focus on regulatory compliance or bank solvency, towards assessing the riskiness of a bank’s operations, and its risk mitigation strategies. Independently, an inspection of select overseas branches of Indian banks was also conducted in May 2012, the previous one having been done in May 2008, but the findings are not publicly known.

The Chakraborty Committee report was submitted in June 2012. Its recommendations were accepted, and the supervisory system overhauled on to a new risk-based supervision (RBS) platform. Training was initiated for senior officers of the major banks. The new framework went into operation in 2013-14, renamed SPARC (supervisory programme for assessment of risk and capital). An initial set of 28 banks from across the ownership spectrum, accounting for 60% of total banking assets, was covered that year. PNB may well have been among them. Eight more banks were added over the next two years, and by 2016-17, all scheduled commercial banks were covered. SPARC specifically calls for ongoing interaction between banks and supervisors, not just periodic inspections. Finally, there is a further overlay since 28 February 2017 of a standing committee on cyber security.

In a parallel development starting in 2012-13, memoranda of understanding (MoUs) were signed with 16 overseas regulators, which the annual report for that year says led to “substantial progress in supervisory information sharing and cooperation within jurisdictions where Indian banks are operating”. By the close of reporting year 2016-17, the number of such MoUs had expanded to 40, and there was also a statement of cooperation with three US financial regulators. Since overseas jurisdictions were another point from which the PNB fraud could have been spotted, these agreements do not seem to have led to information exchange of any diagnostic value.

  1. What benefits have been provided by the government to small borrowers?

(I) Allocation of additional funds.
(II) Abrogating the loan limits in the MSME segment.
(III) Government has extended the time period for small borrowers for payment of their dues.

(a) Only (I)

(b) Only (III)
(c) Both (II) and (III)
(d) Both (I) and (III)
(e) All are correct

Answer & Explanation
Ans. e

Exp. All the sentences are correct. Government in the budget this year has announced the additional funding to Mudra, add-on of a 180-day window of forbearance for payment dues from small borrowers and abolition of loan limits in the MSME. Hence option (e) is the correct choice.

  1. What are the efforts made by RBI to avoid the future loss in banks?

(I) turning towards privatization of banks.
(II) providing training to bank officials.
(III) updating supervisory system

(a) Only (I)

(b) Only (III)
(c) Both (II) and (III)
(d) Both (I) and (III)
(e) All are correct

Answer & Explanation
Ans. c

Exp. Refer the first few lines of second paragraph “Training was initiated for senior officers of the major banks.” “the supervisory system overhauled on to a new risk-based supervision (RBS) platform.”.


  1. Identify the tone of the author with respect to the passage.

(a) eulogistic
(b) informal
(c) nostalgic
(d) critical
(e) didactic

Answer & Explanation
Ans. d

Exp. The author has given deep analysis of decision of RBI governor Urjit Patel regarding monetary policy, with a neutral outlook. Hence ‘critical’ is the correct tone of the author.

Directions (4): Choose the word which is most similar in meaning to the word printed in bold in the context of the passage.

  1. Perpetually

(a) abate
(b) constantly
(c) dissent
(d) harness
(e) stride

Answer & Explanation
Ans. b

Exp. Perpetually means never ending or changing, having same meaning as constantly.

Abate means becoming less intense.

Dissent means disagreement.

Stride means a decisive step, advance, proceed.

Directions (5): Choose the word which is most opposite in meaning of the word printed in bold in the context of the passage.

  1. Overhaul

(a) ensue
(b) accede
(c) acquiesce
(d) ruin
(e) hapless

Answer & Explanation
Ans. d

Exp. Overhaul means take apart (a piece of machinery or equipment) in order to examine it and repair it if necessary. Hence it has the opposite meaning to ruin.

Ensue means happen or occur afterwards or as a result.

Acquiesce means accept something reluctantly but without protest.

Hapless means unfortunate.

Directions (6-10): Which of the following phrases (I), (II), and (III) given below each sentence will fit into the blank to make the sentence grammatically correct? Choose the best option among the five given alternatives that reflect the correct use of phrase in the context of the grammatically correct sentence.

  1. Walmart has already floated a shareholder agreement, or offer proposal, and is looking to shell out about $10 billion to $12 billion __________________________Flipkart at roughly $20 billion, one of the sources said.

(I) for the sake of

(II) for the stake that would value

(III) for the steak that should value

(a) Only (III)
(b) Both (I) and (II)
(c) Only (II)
(d) Both (II) and (III)

(e) All (I), (II) and (III)

Answer & Explanation
Ans. c

Exp. Only (II) is right while expressions (I) and (III) are wrong.

For the sake of: For the purpose or motive of (it doesn’t make any sense in the context of the statement therefore (I) is wrong)

Steak: a thick slice of high-quality meat or fish (it also doesn’t make any sense in the context of the statement, therefore, expression (III) is wrong)

Stake: a share or interest in a business, situation, or system

Walmart is looking to buy a stake in Flipkart that would value Flipkart at $20 billion. Option (II) is grammatically correct and hence answer of the question.

  1. Telecom regulator TRAI on Friday initiated a consultation process to review the current system of mobile number portability ___________________________subscriber-friendly.

(I) in order to make it more

(II) so that it becomes more

(III) so it occurs more

(a) Only (I)
(b) Only (II)
(c) Both (I) and (III)
(d) Both (I) and (II)
(e) None of these

Answer & Explanation
Ans. d

Exp. Both the expressions (I) and (II) are correct and fill the blank correctly and convey the proper meaning of the sentence, while expression (III) is incorrect.

So that: in order to (use of only ‘so’ is incorrect here)

Occur: exist or be found to be present in a place or under a particular set of conditions (TRAI is improving mobile number portability to make it more subscriber-friendly; use of ‘occur’ does not fit here).

  1. Embattled Environmental Protection Agency administrator Scott Pruitt met with President Donald Trump on Friday to lay out his case for why he should _____________________________of questions about his ethical standing.

(I) remain in his post amid a stream
(II) be holding his position after demand
(III) remains in his post after a long list

(a) Only (I)
(b) Only (II)
(c) Only (III)
(d) All (I), (II) and (III)
(e) None of the (I), (II) and (II)

Answer & Explanation
Ans. a

Exp. Here, ‘questions’ mean ‘allegations’. So ‘demand of questions’ does not make any sense therefore (II) cannot be our answer.

1st form of verb is used with should, could, would therefore ‘remains’ after should is incorrect hence (III) is grammatically incorrect.

Expression (I) is grammatically correct and fills the blank correctly.

  1. In a filing yesterday in a Boston federal court, the Justice Department _______________________________Harvard’s documents public, saying the government has a “substantial interest” in the case.

(I) called on the court to make
(II) requested the court to make
(III) approached the judiciary with the purpose of making

(a) Only (I)
(b) Only (III)
(c) Only (II)
(d) Both (II) and (III)
(e) All of the above

Answer & Explanation
Ans. e

Exp. All (I), (II) and (III) are grammatically correct and fill the blank correctly.

Called on: demand that (someone) do something; pay a visit to (someone).

  1. A complex web of deals resulted in a trust controlled by Deepak Kochhar _____________________________ company six months after the Videocon Group got the loan from ICICI Bank.

(I) acquiring the company which lent

(II) acquiring the lending

(III) obtaining the company which lent his

(a) Both (I) and (III)
(b) Only (I)
(c) Only (II)
(d) Only (III)
(e) Both (II) and (III)

Answer & Explanation
Ans. e

Exp. Deepak Kochhar acquired the company which lent his company six months after the Videocon getting loan from ICICI therefore (II) and (III) correctly fills the blank and conveys the meaning of sentence correctly.

(I) cannot be correct as ‘company which lent company’ is wrong.

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