English Test for SBI PO 2018 Prelim Exam – Set 45

Hello Aspirants

State Bank of India (SBI) is going to conduct examination for its recruitment for the post of Probationary Officers (SBI PO 2018) for a total of 2000 vacancies.

Click here to know the details of the Examination

The examination will be held in three phases i.e. Preliminary Examination, Main Examination and Group Exercise & Interview. The Preliminary Exam is scheduled on 1st, 7th & 8th of July 2018. Details of the exam are as under:

Practice the questions so as to familiarize yourself with the pattern of questions to be asked in the exam. 

Directions: Fill in the blanks with the suitable words given in the options.

1. With exports ___________________ just 3 per cent, and imports at over 10 per cent, the MPC needed to take steps to restore confidence in India’s external account. However, in future, the Reserve Bank could consider other ways to manage rupee demand, such as a forex swap window for oil companies.
   growing at
   growing up
   growing by
   growing about
   All are Correct
   Option C
   

    

2. ith 10-year benchmark yields already ruling above 7.5 per cent, a further hardening of rates can make access to credit that much harder for MSMEs in particular. The MPC should not lose sight of the fact that inflation that is ________________ in nature can co-exist with a situation of demand constraint.
   demand-pull
   cost-push
   cost-pull
   demand-push
   All are Correct
   Option B
   

    

3. The Centre’s much-hyped attempt to privatise Air India by disinvesting 74 per cent equity has come a cropper, the offer failing to attract even a single _________________ as the deadline passed last week.
   discussion of interest
   depression of interest
   impression of interest
   expression of interest
   All are Correct
   Option D
   

    

4. Subsidiaries such as AI Engineering Services and Alliance Air must be included, if they sweeten the deal. And, the government should ________________ on AI’s latest financials and the full deal terms, instead of playing hard-to-get with prospective buyers.
   come clean
   come tidy
   come pure
   come neat
   All are Correct
   Option A
   

    

5. It had _______________ prodigious debt of ₹48,781 crore by end-March 2017 of which acquirers are expected to absorb ₹33,392 crore. Both the P&L and the debt position, major concerns for any acquirer, are subject to revisions for FY18, but the Centre hasn’t shared AI’s latest financials.
   run down
   run through
   run away
   run up
   All are Correct
   Option D
   

    

Directions: In the passage given below there are 5 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”.

The RBI’s High-Level Task Force on creating a Public Credit Registry (PCR) for India has recommended an in-house repository having extensive information on all borrowers. The ____1____ , to curb bad loans and make the credit market more efficient, is laudable. A comprehensive database will help lenders get a true picture of a borrowers’ credit history and enable them to assess risks better. To have data—such as external commercial borrowings, market borrowings and all contingent liabilities—makes sense for a/an ___2___ picture. However, why make the PCR the “single point of mandatory reporting for all material events for each loan, serving as a registry of all credit contracts verified by reporting institutions” for all lending in India? Indeed, all information should come to it, but not just to it. Competition is a good idea.
Today, multiple repositories, including Credit Information Companies (CIC), collect and store ___3___ credit information. The panel says that credit institutions will not be obliged to provide information to CICs. That is not a good idea. The notion that a single window for reporting credit information will lower the compliance burden is ___4___ in a technology-driven era. PCR should co-exist with other repositories that include information utilities that authenticate and store sensitive information on debt and ___5___ to speed up the resolution process. More competition will drive innovation and improve the quality of data on borrowers.

6. indolent
   doom
   intent
   lackadaisical
   All are Correct
   Option C
   

    

7. holistic
   fragmental
   scattered
   abridged
   All are Correct
   Option A
   

    

8. fluent
   greasy
   granular
   satin
   All are Correct
   Option C
   

    

9. flawed
   impeccable
   immaculate
   superlative
   All are Correct
   Option A
   

    

10. support
    care
    default
    satisfy
    All are Correct
    Option C