English Language Questions for RBI Assistant Mains 2020: The Reserve Bank of India will conduct the Main exam which is the final phase for the recruitment of Assistants. English Language is one of the sections students need to prepare for RBI Assistant Mains 2020 examination and here we are providing our students with daily mocks or quizzes in a new and simple pattern which will help you practice more effectively for the fight against 926 vacancies of RBI Assistant 2020 recruitment. We are providing you daily english quizzes based on the questions which were asked in previous days of RBI Assistant Mains examination and you can also check the study plan for RBI Assistant Mains to enhance your preparation. The quiz contains Miscellaneous Based Quiz. Stay with Bankers Adda for the latest Quizzes,Study notes,Test series, and other helpful study material.
Directions (1-5): In the following passage, some phrases have been left out, each of which is indicated by a number. Find the suitable phrase from the options given against each number and fill up the blanks with appropriate phrases to make the paragraph meaningfully complete.
The hurried exit of foreign investors from Indian equity and debt markets seems to be reversing what has been a ___(1)___. On 7 May, the BSE Sensex closed at 26,599. Though high relative to where the Sensex stood even at the beginning of January 2014 (for example), this multi-day fall of the Sensex troubled investors used to easy profits for many reasons. First, _____(2)______, that even the relatively high May 7th figure reflected a more than 10 per cent decline from a peak of close to 30,000 realised just three months ago. That would have caught even traders with relatively short trading horizons by surprise. Secondly, there is little disagreement that the bull run, ________(3)_______ 16,000 in May 2012, was driven by the appetite of foreign institutional investors for emerging market paper induced by access to cheap liquidity. So the market analysts who were predicting that the climb of the Sensex will never end because it was driven by India-specific factors, especially the reformist agenda of the new government, were clearly in denial.
Such views have been encouraged by the fact that, in the recent period, even when fears of a change in the investment environment arose, _____(4)______.Thus, in the summer of 2013 when the likely taper of the Fed’s bond purchase policy was first announced, the ‘tantrum’ that followed in the form of FII exit and a market downturn did not last long. Once it was clear that the taper would neither lead to higher interest rates immediately nor squeeze liquidity too much, foreign investors returned and Indian markets resumed their climb. However, those who concluded ______(5)________ and resilient were refusing to recognise that both the short term downturn and the subsequent recovery was the result dominantly of the direction of foreign institutional investor movement.
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(a) prolonged downturn is inherent
(b) market slump and rupee depreciation can aggravate the downturn.
(c) long bull run in India’s stock markets over the last three years or more
(d) remarkable rise of close to 50 per cent
(e) period when growth was by all accounts slowing
(a) the one that would be prolonged and severe
(b) the climb in the Sensex has been so rapid in recent times
(c) the investor exuberance that delivered this second boom occurred
(d) the second boom stretched from the beginning of 2014 till about the beginning of 2015
(e) the result of two separate booms spliced together
(a) current slump in the Sensex has also seen the rupee depreciate
(b) which investors may chose to move investments out of India is real
(c) which the Sensex rose from around 16,000 in May 2012
(d) which began three years back when the Sensex was hovering just above
(e) breach the Rs. 64-to the dollar ‘psychological benchmark’
(a) the boom will be robust and resilient
(b) the boom it triggered must end
(c) downturn induced by the taper tantrum
(d) the impact on the market was muted
(e) result of two separate booms spliced together
(a) from a place of entitlement
(b) from many in the legal fraternity
(c) from these market trends that the boom was robust
(d) from the jury which were not disclosed to counsel
(e) from the basic issues of people
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