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English Quizzes, for IBPS Clerk Prelims 2021 – 8th August

Directions (1-5): Rearrange the given six sentences/group of sentences (A), (B), (C), (D), (E) and (F) in a proper sequence so as to form a meaningful paragraph and then answer the given questions.

(A) It is possible that your auto loan would have been fully repaid, but not yet reflecting in the books.
(B) If it is based on the credit report, you could ask for the credit report.
(C) Rectifying such errors could help improve your credit score.
(D) Or a default, where a part payment has been made, is not yet reflecting in the books.
(E) A customer can ask the bank why his loan application has been rejected.
(F) And if you find any discrepancies, you should approach them, so that it is corrected and your revised scores are reflected on your report.

Q1. Which of the following should be the FIRST sentence after the rearrangement?
(a) A
(b) B
(c) C
(d) D
(e) E

Q2. Which of the following should be the SECOND sentence after the rearrangement?
(a) F
(b) A
(c) B
(d) C
(e) D

Q3. Which of the following should be the THIRD sentence after the rearrangement?
(a) E
(b) F
(c) A
(d) B
(e) C

Q4. Which of the following should be the FOURTH sentence after the rearrangement?
(a) D
(b) E
(c) F
(d) A
(e) B

Q5. Which of the following should be the LAST (SIXTH) sentence after the rearrangement?
(a) C
(b) D
(c) E
(d) F
(e) A

Directions (6-15): In the following passage, some of the words have been left out, each of which is indicated by a number. Find the suitable word from the options given against each number and fill up the blanks with appropriate words to make the paragraph meaningfully complete.

Q6. Twenty-five years after the path-breaking ____(6)____ of 1991, the country lacks a ____(7)____ corporate bond market. Economist Madan Sabnavis suggests that junk bonds could serve as the ____(8)____ pad for the market. Such bonds, issued by companies with low credit rating and ____(9)____ high yields, would find takers, if three conditions are met. One, the Bankruptcy Code has to be operationalized, to ____(10)____ redeploy assets if projects fail. Two, credit default swaps must insure ____(11)____ default. And, three, there must be a developed market for ____(12)____ against possible risks ____(13)____ from interest rate and exchange ____(14)____ movements over the life of the bond. Appropriate interest and currency ____(15)____ are a must.
(a) change
(b) reforms
(c) steps
(d) transformation
(e) decision

Q7. Twenty-five years after the path-breaking ____(6)____ of 1991, the country lacks a ____(7)____ corporate bond market. Economist Madan Sabnavis suggests that junk bonds could serve as the ____(8)____ pad for the market. Such bonds, issued by companies with low credit rating and ____(9)____ high yields, would find takers, if three conditions are met. One, the Bankruptcy Code has to be operationalized, to ____(10)____ redeploy assets if projects fail. Two, credit default swaps must insure ____(11)____ default. And, three, there must be a developed market for ____(12)____ against possible risks ____(13)____ from interest rate and exchange ____(14)____ movements over the life of the bond. Appropriate interest and currency ____(15)____ are a must.
(a) declining
(b) languishing
(c) losing
(d) thriving
(e) failing

Q8. Twenty-five years after the path-breaking ____(6)____ of 1991, the country lacks a ____(7)____ corporate bond market. Economist Madan Sabnavis suggests that junk bonds could serve as the ____(8)____ pad for the market. Such bonds, issued by companies with low credit rating and ____(9)____ high yields, would find takers, if three conditions are met. One, the Bankruptcy Code has to be operationalized, to ____(10)____ redeploy assets if projects fail. Two, credit default swaps must insure ____(11)____ default. And, three, there must be a developed market for ____(12)____ against possible risks ____(13)____ from interest rate and exchange ____(14)____ movements over the life of the bond. Appropriate interest and currency ____(15)____ are a must.
(a) launch
(b) cast
(c) drive
(d) toss
(e) fire

Q9. Twenty-five years after the path-breaking ____(6)____ of 1991, the country lacks a ____(7)____ corporate bond market. Economist Madan Sabnavis suggests that junk bonds could serve as the ____(8)____ pad for the market. Such bonds, issued by companies with low credit rating and ____(9)____ high yields, would find takers, if three conditions are met. One, the Bankruptcy Code has to be operationalized, to ____(10)____ redeploy assets if projects fail. Two, credit default swaps must insure ____(11)____ default. And, three, there must be a developed market for ____(12)____ against possible risks ____(13)____ from interest rate and exchange ____(14)____ movements over the life of the bond. Appropriate interest and currency ____(15)____ are a must.
(a) taking
(b) subscribing
(c) offering
(d) sacrificing
(e) allotting

Q10. Twenty-five years after the path-breaking ____(6)____ of 1991, the country lacks a ____(7)____ corporate bond market. Economist Madan Sabnavis suggests that junk bonds could serve as the ____(8)____ pad for the market. Such bonds, issued by companies with low credit rating and ____(9)____ high yields, would find takers, if three conditions are met. One, the Bankruptcy Code has to be operationalized, to ____(10)____ redeploy assets if projects fail. Two, credit default swaps must insure ____(11)____ default. And, three, there must be a developed market for ____(12)____ against possible risks ____(13)____ from interest rate and exchange ____(14)____ movements over the life of the bond. Appropriate interest and currency ____(15)____ are a must.
(a) slowly
(b) sluggishly
(c) partly
(d) hardly
(e) swiftly

Q11. Twenty-five years after the path-breaking ____(6)____ of 1991, the country lacks a ____(7)____ corporate bond market. Economist Madan Sabnavis suggests that junk bonds could serve as the ____(8)____ pad for the market. Such bonds, issued by companies with low credit rating and ____(9)____ high yields, would find takers, if three conditions are met. One, the Bankruptcy Code has to be operationalized, to ____(10)____ redeploy assets if projects fail. Two, credit default swaps must insure ____(11)____ default. And, three, there must be a developed market for ____(12)____ against possible risks ____(13)____ from interest rate and exchange ____(14)____ movements over the life of the bond. Appropriate interest and currency ____(15)____ are a must.
(a) across
(b) against
(c) for
(d) with
(e) on

Q12. Twenty-five years after the path-breaking ____(6)____ of 1991, the country lacks a ____(7)____ corporate bond market. Economist Madan Sabnavis suggests that junk bonds could serve as the ____(8)____ pad for the market. Such bonds, issued by companies with low credit rating and ____(9)____ high yields, would find takers, if three conditions are met. One, the Bankruptcy Code has to be operationalized, to ____(10)____ redeploy assets if projects fail. Two, credit default swaps must insure ____(11)____ default. And, three, there must be a developed market for ____(12)____ against possible risks ____(13)____ from interest rate and exchange ____(14)____ movements over the life of the bond. Appropriate interest and currency ____(15)____ are a must.
(a) hedging
(b) facing
(c) meeting
(d) shuffling
(e) ducking

Q13. Twenty-five years after the path-breaking ____(6)____ of 1991, the country lacks a ____(7)____ corporate bond market. Economist Madan Sabnavis suggests that junk bonds could serve as the ____(8)____ pad for the market. Such bonds, issued by companies with low credit rating and ____(9)____ high yields, would find takers, if three conditions are met. One, the Bankruptcy Code has to be operationalized, to ____(10)____ redeploy assets if projects fail. Two, credit default swaps must insure ____(11)____ default. And, three, there must be a developed market for ____(12)____ against possible risks ____(13)____ from interest rate and exchange ____(14)____ movements over the life of the bond. Appropriate interest and currency ____(15)____ are a must.
(a) coming
(b) obtaining
(c) depriving
(d) arising
(e) going

Q14. Twenty-five years after the path-breaking ____(6)____ of 1991, the country lacks a ____(7)____ corporate bond market. Economist Madan Sabnavis suggests that junk bonds could serve as the ____(8)____ pad for the market. Such bonds, issued by companies with low credit rating and ____(9)____ high yields, would find takers, if three conditions are met. One, the Bankruptcy Code has to be operationalized, to ____(10)____ redeploy assets if projects fail. Two, credit default swaps must insure ____(11)____ default. And, three, there must be a developed market for ____(12)____ against possible risks ____(13)____ from interest rate and exchange ____(14)____ movements over the life of the bond. Appropriate interest and currency ____(15)____ are a must.
(a) weight
(b) scale
(c) standard
(d) estimate
(e) rate

Q15. Twenty-five years after the path-breaking ____(6)____ of 1991, the country lacks a ____(7)____ corporate bond market. Economist Madan Sabnavis suggests that junk bonds could serve as the ____(8)____ pad for the market. Such bonds, issued by companies with low credit rating and ____(9)____ high yields, would find takers, if three conditions are met. One, the Bankruptcy Code has to be operationalized, to ____(10)____ redeploy assets if projects fail. Two, credit default swaps must insure ____(11)____ default. And, three, there must be a developed market for ____(12)____ against possible risks ____(13)____ from interest rate and exchange ____(14)____ movements over the life of the bond. Appropriate interest and currency ____(15)____ are a must.
(a) product
(b) roots
(c) derivatives
(d) value
(e) invention

Solutions

S1. Ans.(e)
Sol. EBFADC; E

S2. Ans.(c)
Sol. B

S3. Ans.(b)
Sol. F

S4. Ans.(d)
Sol. A

S5. Ans.(a)
Sol. C

S6. Ans.(b)
Sol. Reforms

S7. Ans.(d)
Sol. Thriving

S8. Ans.(a)
Sol. Launch

S9. Ans.(c)
Sol. Offering

S10. Ans.(e)
Sol. Swiftly

S11. Ans.(b)
Sol. Against

S12. Ans.(a)
Sol. Hedging

S13. Ans.(d)
Sol. Arising

S14. Ans.(e)
Sol. Rate

S15. Ans.(c)
Sol. Derivatives

English Quizzes, for IBPS Clerk Prelims 2021 – 8th August_40.1

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