English Quiz for Upcoming IBPS Bank Exams – Set 25 | Comprehension

Hello and welcome to exampundit. Here is a set of English Language Quiz for the upcoming IBPS Exams 2017.

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1. What is the effect of a moratorium on a bank?
(A) Only senior citizens are allowed partial withdrawal of maturity amount for their medical treatment.
(B) Maturity amount is paid in instalments rather than in one lump sum.
(C) Certain restrictions are imposed on withdrawal of money from bank account.
1) Only (A)
2) Only (B)
3) Only (C)
4) Only (A) and (B)
5) All (A), (B) and (C)

2. Which of the following statements is based on the provisions related to bank deposits?
(A) Every branch of a bank allows insurance covers on deposits upto `1 lakh.
(B) FD can be maintained in more than one bank to spread out the risk with the exception of retirees wishing to invest a very huge amount in FDs.
(C) Senior citizens are allowed extra risk cover and high returns on their fixed deposits.
1) Only (A)
2) Only (B)
3) Only (C)
4) Only (A) and (B)
5) Only (B) and (C)

3. Which of the following is not definitely true with respect to Kapol Bank?
1) It is a private sector bank.
2) At present, premature withdrawal of FD cannot be allowed.
3) Customers of this bank have been allowed withdrawal of money from their CASA.
4) There are no restrictions on withdrawal except of premature fixed deposits.
5) None of these

4. What care should be taken before depositing money with a bank? Answer in the context of the given passage.
(A) The NPA of the concerned bank is not higher than five per cent.
(B) The bank has adequate capital as per the provisions for the bank.
(C) There is a minimum 9% of risk-weighted assets (if the bank is other than a cooperative bank).
1) Only (A) and (B) 2) Only (B) and (C)
3) Only (A) and (C) 4) Only (C)
5) All (A), (B) and (C)

5. Find the statement which is not based on the facts mentioned in the passage.
1) Under certain circumstances, account holders facing financial emergency can be allowed withdrawal of money beyond withdrawal limit as per the provisions laid down in the Banking Regulation Act.
2) When the bank gets into trouble it is better for a depositor to be selective in both choosing the bank and depositing the amount using different combinations.
3) When the financial stability of a bank is at stake the central bank orders a moratorium.
4) The central bank has ordered a moratorium on Kapol Bank.
5) None of these

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Directions (Q. 6-8): Choose the word which is most similar in meaning to the word printed in bold as used in the passage.

6. Parking
1) removing
2) depositing
3) stopping
4) walking
5) strolling

7. Picture
1) scene
2) mainstream
3) portrait
4) role
5) forefront

8. Diversification
1) variegation
2) homogenous
3) allocation
4) division
5) accumulation

Directions (Q. 9-10): Choose the word/group of words which is most opposite in meaning of the word/ group of words printed in bold as used in the passage.

9. Threatened
1) warned
2) jeopardised
3) ensured
4) exposed
5) vulnerable

10. Strike
1) maintain
2) hit
3) knock
4) lose
5) smack

Answers:

1. 3
2. 2
3. 1
4. 5
5. 2
6. 2
7. 1
8. 1
9. 3
10. 4

Winners:
Nitu – 6.25/10
Simply Sugarlicious ;P – 5.25/9
Pal-avi 🙂 – 5/10

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Regards

Team ExamPundit