English Test for IBPS PO 2018 Prelim Exam Set – 20

Directions(1-5): In the passage given below there are 10 blanks. Every blank has four alternative words given in options (A),(B),(C), and (D). You have to tell which word is APPROPRIATE according to the context. If all are appropriate then mark your answer as “E”.

Another explanation for their sang-froid in the face of the Fed is that the worst might already be behind them. It has been a ___1___ year for the assets and currencies of many developing countries. Average real exchange rates for emerging markets, excluding China, are now as weak as in late 2002, when investors still had raw memories of the crises of the 1990s. A decade of ___2___ growth had dimmed those memories, but this year has revived them. The MSCI index of emerging-market equities has fallen by 15% , badly underperforming developed markets and hitting its lowest level since the height of the financial crisis in 2008.
From this ___3___ , much of the downside from rising American rates appears to have been priced in already. Take two of the most battered currencies, the Malaysian ringgit and the Russian rouble. They are ___4___ by some 25% and 50%, respectively, over the past two years. A steadying of their value would make nominal corporate earnings in both countries look far healthier in dollar terms: other things being equal, they would go from double-digit falls to being ___5___. Jonathan Anderson of Emerging Advisors forecasts that the big theme of 2016 will be a “stabilisation trade”, as portfolio investors are lured back to developing countries.

  1. benevolent
    Option B


  2. moderate
    Option C


  3. inferiority
    Option D


  4. down
    Option A


  5. flat
    Option C


  6. Directions(6-10): Which of the phrases (A), (B), (C), (D) given below each sentence should replace the phrase printed in bold to make the sentence grammatically correct? If the sentence is correct as it is, mark (E) ie ‘No correction required’ as the answer.

  7. The Director said that he did not want to see neither of the student who had failed and ordered them to leave.
    None of the students
    One of the student
    Each of the student
    Any of the students
    No correction required
    Option D


  8. Budget hotels are being set up across the country to provide travellers with accommodation at reasonable rates.
    Are to be set in
    Will be set up
    Have been setting up around
    Were set up through
    No correction required
    Option E


  9. In his speech he failed to emphasize the only great reason why Government programmes have not benefited the poor.
    Greatest reason why
    Only greatest reason
    Only greatest reason for
    Great reason because
    No correction required
    Option A


  10. Directly the meeting commenced then the Board called for the Chairman’s resignation.
    No sooner had the meeting commenced than
    As soon as the meeting commenced when
    Hardly did the meeting commence
    Soon after the meeting commences that
    No correction required
    Option A


  11. The bank is overstaffed, has led to low productivity.
    led to
    will lead towards
    and has led in
    which has led in
    No correction required
    Option A


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