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English Quizzes Quiz For IRDA AM 2023-27th May

Directions (1-5): In the following passage, there are blanks, each of which has been numbered. These numbers are printed below the passage and against each, five words are suggested, one of which fits the blank appropriately. Find out the appropriate word in each case.

 Q1. This move was long overdue. Nevertheless, better late than never. On Wednesday, the cabinet approved a proposal to bring all 1,540 cooperative banks under the direct ______(1)_____ of the Reserve Bank of India (RBI). That this wasn’t the case so far may surprise customers of these banks. For historical reasons, they were under a dual regulatory structure, with RBI and the Registrar of Cooperative Societies sharing authority. This overlap made for confusion, lax overall supervision, and frequently ______(2) _____ outcomes. Administrative matters may still lie with the registrar. But under RBI’s watch, cooperative banks will now be subject to the same _______(3) ________ rules that apply to commercial banks. This is expected to improve their governance, enhance transparency and _______(4) _______ public confidence in the safety of deposits. The hope is that this will rid the banking sector of a weak link. Some 86 million depositors have their savings in these, and the failure of even one such bank hurts the image of all banks. The recent Punjab and Maharashtra Cooperative Bank crisis, for example, sent ______(5) _____ all around. That RBI is taking full charge is a relief.

(a)Manageable

(b) Unruly

(c) Impasse

(d) Withdrawal

(e) Supervision

 Q2. This move was long overdue. Nevertheless, better late than never. On Wednesday, the cabinet approved a proposal to bring all 1,540 cooperative banks under the direct ______(1)_____ of the Reserve Bank of India (RBI). That this wasn’t the case so far may surprise customers of these banks. For historical reasons, they were under a dual regulatory structure, with RBI and the Registrar of Cooperative Societies sharing authority. This overlap made for confusion, lax overall supervision, and frequently ______(2) _____ outcomes. Administrative matters may still lie with the registrar. But under RBI’s watch, cooperative banks will now be subject to the same _______(3) ________ rules that apply to commercial banks. This is expected to improve their governance, enhance transparency and _______(4) _______ public confidence in the safety of deposits. The hope is that this will rid the banking sector of a weak link. Some 86 million depositors have their savings in these, and the failure of even one such bank hurts the image of all banks. The recent Punjab and Maharashtra Cooperative Bank crisis, for example, sent ______(5) _____ all around. That RBI is taking full charge is a relief.

(a) Shocked

(b)Scandalous

(c) Outrage

(d)Appallingly

(e) Terribly

Q3. This move was long overdue. Nevertheless, better late than never. On Wednesday, the cabinet approved a proposal to bring all 1,540 cooperative banks under the direct ______(1)_____ of the Reserve Bank of India (RBI). That this wasn’t the case so far may surprise customers of these banks. For historical reasons, they were under a dual regulatory structure, with RBI and the Registrar of Cooperative Societies sharing authority. This overlap made for confusion, lax overall supervision, and frequently ______(2) _____ outcomes. Administrative matters may still lie with the registrar. But under RBI’s watch, cooperative banks will now be subject to the same _______(3) ________ rules that apply to commercial banks. This is expected to improve their governance, enhance transparency and _______(4) _______ public confidence in the safety of deposits. The hope is that this will rid the banking sector of a weak link. Some 86 million depositors have their savings in these, and the failure of even one such bank hurts the image of all banks. The recent Punjab and Maharashtra Cooperative Bank crisis, for example, sent ______(5) _____ all around. That RBI is taking full charge is a relief.

(a) Investigation

(b) Analysis

(c) Prudential

(d) Incursion

(e)  Intruding

Q4. This move was long overdue. Nevertheless, better late than never. On Wednesday, the cabinet approved a proposal to bring all 1,540 cooperative banks under the direct ______(1)_____ of the Reserve Bank of India (RBI). That this wasn’t the case so far may surprise customers of these banks. For historical reasons, they were under a dual regulatory structure, with RBI and the Registrar of Cooperative Societies sharing authority. This overlap made for confusion, lax overall supervision, and frequently ______(2) _____ outcomes. Administrative matters may still lie with the registrar. But under RBI’s watch, cooperative banks will now be subject to the same _______(3) ________ rules that apply to commercial banks. This is expected to improve their governance, enhance transparency and _______(4) _______ public confidence in the safety of deposits. The hope is that this will rid the banking sector of a weak link. Some 86 million depositors have their savings in these, and the failure of even one such bank hurts the image of all banks. The recent Punjab and Maharashtra Cooperative Bank crisis, for example, sent ______(5) _____ all around. That RBI is taking full charge is a relief.

(a) Strengthen

(b)Barren

(c) Toughest

(d)Fortified

(e) Supportive

Q5. This move was long overdue. Nevertheless, better late than never. On Wednesday, the cabinet approved a proposal to bring all 1,540 cooperative banks under the direct ______(1)_____ of the Reserve Bank of India (RBI). That this wasn’t the case so far may surprise customers of these banks. For historical reasons, they were under a dual regulatory structure, with RBI and the Registrar of Cooperative Societies sharing authority. This overlap made for confusion, lax overall supervision, and frequently ______(2) _____ outcomes. Administrative matters may still lie with the registrar. But under RBI’s watch, cooperative banks will now be subject to the same _______(3) ________ rules that apply to commercial banks. This is expected to improve their governance, enhance transparency and _______(4) _______ public confidence in the safety of deposits. The hope is that this will rid the banking sector of a weak link. Some 86 million depositors have their savings in these, and the failure of even one such bank hurts the image of all banks. The recent Punjab and Maharashtra Cooperative Bank crisis, for example, sent ______(5) _____ all around. That RBI is taking full charge is a relief.

(a) Detachments

(b) Releases

(c)  Conquests

(d) Jitters

(e) Current

Directions (6-10): In the given passage several blanks are given and for each blank four alternatives are provided with two words each. Choose the option from which both words can fill in the blanks to make a grammatically correct and contextually meaningful sentence. If none of the given options can fit the blank then choose option (e) ‘None of these’ as your answer.

Q6. A day after cyberattack on Indiabulls Group, ____(6) ______ behind the Clop ransomware have released 4.75GB of data from the breach on Dark Web and have threatened to release more over the next 24 hours. Researchers at Cyble Inc, the cyber intelligence firm, which reported the ______(7) ______ have analysed the data and found scans of KYC documents including Aadhaar card, voter cards, PAN card, passport and driving license of customers. They also found customer loan details, property address against which loan was sanctioned, current address of customers along with their personal email IDs and mobile numbers. The data also includes names of Indiabulls’ employees, their user IDs, official e-mail IDs, operating branch names and mobile numbers along with private keys and certificates for _______(8) _____ ENet services from banks. Indiabulls Group had confirmed the cyberattacks but maintained that only peripheral systems were targeted, and the information leaked by attackers was not sensitive in nature. It claimed that all data and information _____(9) ______ to customers were safe and securely placed. The company refused to add anything further when asked about the _____(10) _______ nature of the data released by attackers on Dark Web. Indiabulls Group is a financial services company with operations in housing and consumer finance.

(a) Unlawful, Prudent

(b) Criminals, Villains

(c) Miscreants, Wrongdoers

(d)Offenders, Seizures

(e) None of these

Q7. A day after cyberattack on Indiabulls Group, ____(6) ______ behind the Clop ransomware have released 4.75GB of data from the breach on Dark Web and have threatened to release more over the next 24 hours. Researchers at Cyble Inc, the cyber intelligence firm, which reported the ______(7) ______ have analysed the data and found scans of KYC documents including Aadhaar card, voter cards, PAN card, passport and driving license of customers. They also found customer loan details, property address against which loan was sanctioned, current address of customers along with their personal email IDs and mobile numbers. The data also includes names of Indiabulls’ employees, their user IDs, official e-mail IDs, operating branch names and mobile numbers along with private keys and certificates for _______(8) _____ ENet services from banks. Indiabulls Group had confirmed the cyberattacks but maintained that only peripheral systems were targeted, and the information leaked by attackers was not sensitive in nature. It claimed that all data and information _____(9) ______ to customers were safe and securely placed. The company refused to add anything further when asked about the _____(10) _______ nature of the data released by attackers on Dark Web. Indiabulls Group is a financial services company with operations in housing and consumer finance.

(a) Violate, Suppress

(b) Breach, Infringement

(c) Break, Range

(d) Spectrum, Discerned

(e) None of these

Q8. A day after cyberattack on Indiabulls Group, ____(6) ______ behind the Clop ransomware have released 4.75GB of data from the breach on Dark Web and have threatened to release more over the next 24 hours. Researchers at Cyble Inc, the cyber intelligence firm, which reported the ______(7) ______ have analysed the data and found scans of KYC documents including Aadhaar card, voter cards, PAN card, passport and driving license of customers. They also found customer loan details, property address against which loan was sanctioned, current address of customers along with their personal email IDs and mobile numbers. The data also includes names of Indiabulls’ employees, their user IDs, official e-mail IDs, operating branch names and mobile numbers along with private keys and certificates for _______(8) _____ ENet services from banks. Indiabulls Group had confirmed the cyberattacks but maintained that only peripheral systems were targeted, and the information leaked by attackers was not sensitive in nature. It claimed that all data and information _____(9) ______ to customers were safe and securely placed. The company refused to add anything further when asked about the _____(10) _______ nature of the data released by attackers on Dark Web. Indiabulls Group is a financial services company with operations in housing and consumer finance.

(a) Helping, Contemplate

(b) Spreader, Distributing

(c) Circulating, Reflecting

(d) Facilitating, Enabling

(e) None of these

Q9. A day after cyberattack on Indiabulls Group, ____(6) ______ behind the Clop ransomware have released 4.75GB of data from the breach on Dark Web and have threatened to release more over the next 24 hours. Researchers at Cyble Inc, the cyber intelligence firm, which reported the ______(7) ______ have analysed the data and found scans of KYC documents including Aadhaar card, voter cards, PAN card, passport and driving license of customers. They also found customer loan details, property address against which loan was sanctioned, current address of customers along with their personal email IDs and mobile numbers. The data also includes names of Indiabulls’ employees, their user IDs, official e-mail IDs, operating branch names and mobile numbers along with private keys and certificates for _______(8) _____ ENet services from banks. Indiabulls Group had confirmed the cyberattacks but maintained that only peripheral systems were targeted, and the information leaked by attackers was not sensitive in nature. It claimed that all data and information _____(9) ______ to customers were safe and securely placed. The company refused to add anything further when asked about the _____(10) _______ nature of the data released by attackers on Dark Web. Indiabulls Group is a financial services company with operations in housing and consumer finance.

(a) Pertaining, Related

(b)Predicting, Optional

(c) Promising, Baleful

(d) Eradicating, Dispersed

(e) None of these

Q10. A day after cyberattack on Indiabulls Group, ____(6) ______ behind the Clop ransomware have released 4.75GB of data from the breach on Dark Web and have threatened to release more over the next 24 hours. Researchers at Cyble Inc, the cyber intelligence firm, which reported the ______(7) ______ have analysed the data and found scans of KYC documents including Aadhaar card, voter cards, PAN card, passport and driving license of customers. They also found customer loan details, property address against which loan was sanctioned, current address of customers along with their personal email IDs and mobile numbers. The data also includes names of Indiabulls’ employees, their user IDs, official e-mail IDs, operating branch names and mobile numbers along with private keys and certificates for _______(8) _____ ENet services from banks. Indiabulls Group had confirmed the cyberattacks but maintained that only peripheral systems were targeted, and the information leaked by attackers was not sensitive in nature. It claimed that all data and information _____(9) ______ to customers were safe and securely placed. The company refused to add anything further when asked about the _____(10) _______ nature of the data released by attackers on Dark Web. Indiabulls Group is a financial services company with operations in housing and consumer finance.

(a) Forecast, Mandatory

(b) Necessary, Materialize

(c) Sensitive, Complex

(d) Crucial, Reveal

(e) None of these

Solutions 

S1. Ans. (e)
Sol. Supervision fits the blank appropriately.  Hence, option (e) is the right answer choice.

S2. Ans. (b)
Sol. Scandalous fits the blank appropriately.  Hence, option (b) is the right answer choice.
Scandalous- causing general public outrage by a perceived offence against morality or law.
OR (of a state of affairs) disgracefully bad.

S3. Ans. (c)
Sol. Prudential fits the blank appropriately.  Hence, option (c) is the right answer choice.
Prudential- involving or showing care and forethought, especially in business.

S4. Ans. (a)
Sol. Strengthen fits the blank appropriately.  Hence, option (a) is the right answer choice.

S5. Ans. (d)
Sol. Jitters fits the blank appropriately.  Hence, option (d) is the right answer choice.
Jitters- feelings of extreme nervousness OR slight irregular movement, variation, or unsteadiness, especially in an electrical signal or electronic device.

S6. Ans. (c)
Sol.  Both “Miscreants, Wrongdoers” can fill in the blanks to make a grammatically correct and contextually meaningful sentence. Hence, option (c) is the right answer choice.
Miscreants- a person who has done something wrong or unlawful.

S7. Ans. (b)
Sol. Both “Breach, Infringement” can fill in the blanks to make a grammatically correct and contextually meaningful sentence. Hence, option (b) is the right answer choice.
Infringement- the action of breaking the terms of a law, agreement, etc.; violation.
Breach- an act of breaking or failing to observe a law, agreement, or code of conduct.

 S8. Ans. (d)
Sol. Both “Facilitating, Enabling” can fill in the blanks to make a grammatically correct and contextually meaningful sentence. Hence, option (d) is the right answer choice.

 S9. Ans. (a)
Sol. Both “Pertaining, Related” can fill in the blanks to make a grammatically correct and contextually meaningful sentence. Hence, option (a) is the right answer choice.
Pertaining- be appropriate, related, or applicable to.

 S10. Ans. (c)
Sol. Both “Sensitive, Complex” can fill in the blanks to make a grammatically correct and contextually meaningful sentence. Hence, option (c) is the right answer choice.

English Quizzes Quiz For IRDA AM 2023-27th May |_30.1English Quizzes Quiz For IRDA AM 2023-27th May |_40.1

FAQs

How many sections are there in the IRDAI exam?

There are 4 sections in the IRDAI assistant manager online preliminary exam. They are Reasoning, English Language, General awareness, Quantitative aptitude.