English Quiz for RBI Grade B Phase I & BMSB PO 2016 – Set 16

Directions (Q. 1 – 10)
:- 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.

I am working toward saving money;
one of the savings ________(1) I may want to consider is a savings account.
Savings accounts ________(2) pay interest (although a relatively small amount)
on the account. A savings account can be easily done, but there are definitely
some things to take up and ________(3) before choosing an option. First,
consider which bank you want to open the account with. Look for convenience,
and ________(4) , but also consider the interest paid. Some banks provide
specific facilities over a specific account balance, or with some, the interest
increases as the balance increases. Also ________(5) any charges that bank may
impose on you. Common charges include low balance charges, monthly charges, and
ATM charges (if I have access to my money via ATM). Any charge that I have to
pay will ________(6) reduce my savings. So I try to minimise them. I may also
consider opening a savings account with Jan Dhan Yojana. Once I am to decide a
bank, I’ll have to determine what kind of savings account I’ll open. A basic
savings account offers higher interest rates but ________(7) requirements and
restrictions, ________(8) other than saving accounts ________(9) offer higher
interest rates but more restrictions. Before I open a new banking account. I am
to start saving. Even if I only have a small amount to ________(10) each month,
even a little money is a great start.

1. 1) benefits 2) privilege 3) discretion 4) options 5)
grant

2. 1) infrequently 2) rarely 3) usually 4) unusually 5)
habitually

3. 1) rank 2) evaluate 3) sized up 4) estimate 5) neglect

4. 1) accessibility 2) difficulty 3) restriction 4)
inutility 5) suitability

5. 1) unification 2) rending 3) review 4) breaking 5)
combining

6. 1) seeming 2) tending 3) partiality 4) likely 5) leaning

7. 1) consequential 2) major 3) important 4) large 5) fewer

8. 1) while 2) before 3) until 4) unless 5) during

9. 1) seldom 2) often 3) earlier 4) repeatedly 5) rarely

10. 1) withhold 2) counteract 3) contribute 4) take 5)
withdraw