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.
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: In each of the following questions there are sentences. There is error in one of the parts. Mark the option which contains error parts as your answer. If no part contains error mark option E as your answer.
- (A) The spectrum runs from disaster zones, such as Zimbabwe (or even Venezuela), which might one day bounces back; /(B) through early-stage recovery stories that may /(C) yet falter, such as Argentina, Egypt and perhaps Nigeria; to graduates, such as Pakistan or the Philippines, which has been /(D) “flavour of the month for about ten years” in the words of one frontier investor.
bounces back = bounce back
- (A) Circumstances will differ from country to country but the general pattern is quite similar. The economy hits a financial constraint: /(B) sometimes it is the budget deficit; more often the trade deficit. /(C) Investors become loth to offer financing. /(D) Interest rates shoot up.
- (A) In Egypt the constraint was its current-account deficit, which has widened from 0.8% of GDP /(B) in 2014 to 5.6% by 2016. The descent in the oil price hit fees from the Suez canal /(C) and crimped the value of remittances from oil-rich neighbours. /(D) Security fears led to a drop in revenue from tourism.
has widened = widened
- (A) Nigeria bounced back impressively from a slump in the price of oil, its principal export, /(B) in 2009. Its reform champion /(C) was Lamido Sanusi, the central-bank governor, who won plaudits /(D) for taming inflation and cleaning up of the banks.
omit “of “
- (A) There are risks even for graduates of the phoenix-economy school. Once a modicum of stability returns, /(B) the impetus for further reform often fades. Take Pakistan. /(C) Since it reached the end of its IMF programme last year, there has been a slackening of fiscal /(D) and monetary discipline and a re-emergence of old problems in its power companies.
copiousgenerousexuberantstintAll are CorrectOption D
frothedabridgedballooneddustedAll are CorrectOption C
emergedloomedapproachedgleamedAll are CorrectOption E
templateparadigmcastshapeAll are CorrectOption A
passageturnaroundadvancementrectoAll are CorrectOption B
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”.
NAWAZ SHARIF is the ex-prime minister of Pakistan again. His third ___1___ in the job ended on July 28th after the Supreme Court disqualified him from office. Yet he could justifiably claim that he left Pakistan’s economy in a better state than he found it. When Pakistan last went to the polls, GDP had been growing at around 3%, a dismal rate for a poor country with a burgeoning population. Inflation was above 10%. The budget deficit had ___2___. A crisis ___3___ . Four years on, inflation is in the low single digits. The budget deficit has shrunk to a little above 4% of GDP. The GDP growth rate is closing in on 6%. Investors too have taken notice. Since 2012, Pakistan’s stockmarket capitalisation has doubled in dollar terms .
Pakistan is not Sweden. It remains at the wrong end of global rankings of security, corruption and human development. At the last count, almost 30% of the population were living in poverty. Yet a crisis-prone economy has at least been put on a steadier footing. In the process, Pakistan has become something of an investment darling. It is thus a ___4___ for a particular kind of ___5___, one that reflects an upgrade in macroeconomic policy.