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Directions : Read the following passage carefully and answer the questions given below it. Certain words/phrases have been printed in bold to help you locate them while answering some of the questions.Despite the economic crunch worldwide that sawpulverizationof some of the largest banking and finance giants, Indian banking houses have managed to show positive growth this quarter. Some of India’s leading national banks have posted a net profit rise of more than 40% over the last quarter amid globalturmoil.This would come as a bigshot in the armfor the investors and consumers of these banks even though apprehension is mounting on other banking and broking firms worldwide. One of the main reasons behind the success of these banks this quarter, would be their direct backing by the Government of India. People take solace in their investments in public sector watching the bailout packages being cashed out by governments all over the world to save big business houses.Other private banks in India have also reported a substantial net profit over the last quarter. Given the internal and domestic scenario, one cannot put this down as amundane eachievement. While others are on a cost-cutting spree and firing employees, Indian companies are actually working on boosting staffing in banking and broking sector. This can be seen as a big boon in the days to come when the current recession eases and the economy gradually comes back on to the fast track. The finance minister has assured Indian public about the sound health of all Indian banks. This could also be evident from the fact that there have been no mergers and takeovers in Indian banking sector in a contrast to world scenario where finance houses are looking for mergers to cut costs on operations. We definitely are not looking tothrive; rather we are looking for growth. It is just that the pace of growth is a little slow now as compared to a year or two before. These are hard times to test the hard. The weak in business and career will be weeded out and it is sometimes very beneficial for business in the long run.Q.Which of the following statements is/are definitely true in the context of the passage?(A) India has not been affected by the economic slowdown.(B) India banks are showing growth in this quarter despite the recession.(C) While banking industry in the West was severely affected by recession in the past, it is now gradually recovering and showing a positive growth.a)Only (A)b)Only (B)c)Only (C)d)Only (A) and (B)e)Only (B) and (C)Correct answer is option 'B'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Directions : Read the following passage carefully and answer the questions given below it. Certain words/phrases have been printed in bold to help you locate them while answering some of the questions.Despite the economic crunch worldwide that sawpulverizationof some of the largest banking and finance giants, Indian banking houses have managed to show positive growth this quarter. Some of India’s leading national banks have posted a net profit rise of more than 40% over the last quarter amid globalturmoil.This would come as a bigshot in the armfor the investors and consumers of these banks even though apprehension is mounting on other banking and broking firms worldwide. One of the main reasons behind the success of these banks this quarter, would be their direct backing by the Government of India. People take solace in their investments in public sector watching the bailout packages being cashed out by governments all over the world to save big business houses.Other private banks in India have also reported a substantial net profit over the last quarter. Given the internal and domestic scenario, one cannot put this down as amundane eachievement. While others are on a cost-cutting spree and firing employees, Indian companies are actually working on boosting staffing in banking and broking sector. This can be seen as a big boon in the days to come when the current recession eases and the economy gradually comes back on to the fast track. The finance minister has assured Indian public about the sound health of all Indian banks. This could also be evident from the fact that there have been no mergers and takeovers in Indian banking sector in a contrast to world scenario where finance houses are looking for mergers to cut costs on operations. We definitely are not looking tothrive; rather we are looking for growth. It is just that the pace of growth is a little slow now as compared to a year or two before. These are hard times to test the hard. The weak in business and career will be weeded out and it is sometimes very beneficial for business in the long run.Q.Which of the following statements is/are definitely true in the context of the passage?(A) India has not been affected by the economic slowdown.(B) India banks are showing growth in this quarter despite the recession.(C) While banking industry in the West was severely affected by recession in the past, it is now gradually recovering and showing a positive growth.a)Only (A)b)Only (B)c)Only (C)d)Only (A) and (B)e)Only (B) and (C)Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions : Read the following passage carefully and answer the questions given below it. Certain words/phrases have been printed in bold to help you locate them while answering some of the questions.Despite the economic crunch worldwide that sawpulverizationof some of the largest banking and finance giants, Indian banking houses have managed to show positive growth this quarter. Some of India’s leading national banks have posted a net profit rise of more than 40% over the last quarter amid globalturmoil.This would come as a bigshot in the armfor the investors and consumers of these banks even though apprehension is mounting on other banking and broking firms worldwide. One of the main reasons behind the success of these banks this quarter, would be their direct backing by the Government of India. People take solace in their investments in public sector watching the bailout packages being cashed out by governments all over the world to save big business houses.Other private banks in India have also reported a substantial net profit over the last quarter. Given the internal and domestic scenario, one cannot put this down as amundane eachievement. While others are on a cost-cutting spree and firing employees, Indian companies are actually working on boosting staffing in banking and broking sector. This can be seen as a big boon in the days to come when the current recession eases and the economy gradually comes back on to the fast track. The finance minister has assured Indian public about the sound health of all Indian banks. This could also be evident from the fact that there have been no mergers and takeovers in Indian banking sector in a contrast to world scenario where finance houses are looking for mergers to cut costs on operations. We definitely are not looking tothrive; rather we are looking for growth. It is just that the pace of growth is a little slow now as compared to a year or two before. These are hard times to test the hard. The weak in business and career will be weeded out and it is sometimes very beneficial for business in the long run.Q.Which of the following statements is/are definitely true in the context of the passage?(A) India has not been affected by the economic slowdown.(B) India banks are showing growth in this quarter despite the recession.(C) While banking industry in the West was severely affected by recession in the past, it is now gradually recovering and showing a positive growth.a)Only (A)b)Only (B)c)Only (C)d)Only (A) and (B)e)Only (B) and (C)Correct answer is option 'B'. Can you explain this answer?.

Solutions for Directions : Read the following passage carefully and answer the questions given below it. Certain words/phrases have been printed in bold to help you locate them while answering some of the questions.Despite the economic crunch worldwide that sawpulverizationof some of the largest banking and finance giants, Indian banking houses have managed to show positive growth this quarter. Some of India’s leading national banks have posted a net profit rise of more than 40% over the last quarter amid globalturmoil.This would come as a bigshot in the armfor the investors and consumers of these banks even though apprehension is mounting on other banking and broking firms worldwide. One of the main reasons behind the success of these banks this quarter, would be their direct backing by the Government of India. People take solace in their investments in public sector watching the bailout packages being cashed out by governments all over the world to save big business houses.Other private banks in India have also reported a substantial net profit over the last quarter. Given the internal and domestic scenario, one cannot put this down as amundane eachievement. While others are on a cost-cutting spree and firing employees, Indian companies are actually working on boosting staffing in banking and broking sector. This can be seen as a big boon in the days to come when the current recession eases and the economy gradually comes back on to the fast track. The finance minister has assured Indian public about the sound health of all Indian banks. This could also be evident from the fact that there have been no mergers and takeovers in Indian banking sector in a contrast to world scenario where finance houses are looking for mergers to cut costs on operations. We definitely are not looking tothrive; rather we are looking for growth. It is just that the pace of growth is a little slow now as compared to a year or two before. These are hard times to test the hard. The weak in business and career will be weeded out and it is sometimes very beneficial for business in the long run.Q.Which of the following statements is/are definitely true in the context of the passage?(A) India has not been affected by the economic slowdown.(B) India banks are showing growth in this quarter despite the recession.(C) While banking industry in the West was severely affected by recession in the past, it is now gradually recovering and showing a positive growth.a)Only (A)b)Only (B)c)Only (C)d)Only (A) and (B)e)Only (B) and (C)Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams. Download more important topics, notes, lectures and mock test series for Banking Exams Exam by signing up for free.

Here you can find the meaning of Directions : Read the following passage carefully and answer the questions given below it. Certain words/phrases have been printed in bold to help you locate them while answering some of the questions.Despite the economic crunch worldwide that sawpulverizationof some of the largest banking and finance giants, Indian banking houses have managed to show positive growth this quarter. Some of India’s leading national banks have posted a net profit rise of more than 40% over the last quarter amid globalturmoil.This would come as a bigshot in the armfor the investors and consumers of these banks even though apprehension is mounting on other banking and broking firms worldwide. One of the main reasons behind the success of these banks this quarter, would be their direct backing by the Government of India. People take solace in their investments in public sector watching the bailout packages being cashed out by governments all over the world to save big business houses.Other private banks in India have also reported a substantial net profit over the last quarter. Given the internal and domestic scenario, one cannot put this down as amundane eachievement. While others are on a cost-cutting spree and firing employees, Indian companies are actually working on boosting staffing in banking and broking sector. This can be seen as a big boon in the days to come when the current recession eases and the economy gradually comes back on to the fast track. The finance minister has assured Indian public about the sound health of all Indian banks. This could also be evident from the fact that there have been no mergers and takeovers in Indian banking sector in a contrast to world scenario where finance houses are looking for mergers to cut costs on operations. We definitely are not looking tothrive; rather we are looking for growth. It is just that the pace of growth is a little slow now as compared to a year or two before. These are hard times to test the hard. The weak in business and career will be weeded out and it is sometimes very beneficial for business in the long run.Q.Which of the following statements is/are definitely true in the context of the passage?(A) India has not been affected by the economic slowdown.(B) India banks are showing growth in this quarter despite the recession.(C) While banking industry in the West was severely affected by recession in the past, it is now gradually recovering and showing a positive growth.a)Only (A)b)Only (B)c)Only (C)d)Only (A) and (B)e)Only (B) and (C)Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Directions : Read the following passage carefully and answer the questions given below it. Certain words/phrases have been printed in bold to help you locate them while answering some of the questions.Despite the economic crunch worldwide that sawpulverizationof some of the largest banking and finance giants, Indian banking houses have managed to show positive growth this quarter. Some of India’s leading national banks have posted a net profit rise of more than 40% over the last quarter amid globalturmoil.This would come as a bigshot in the armfor the investors and consumers of these banks even though apprehension is mounting on other banking and broking firms worldwide. One of the main reasons behind the success of these banks this quarter, would be their direct backing by the Government of India. People take solace in their investments in public sector watching the bailout packages being cashed out by governments all over the world to save big business houses.Other private banks in India have also reported a substantial net profit over the last quarter. Given the internal and domestic scenario, one cannot put this down as amundane eachievement. While others are on a cost-cutting spree and firing employees, Indian companies are actually working on boosting staffing in banking and broking sector. This can be seen as a big boon in the days to come when the current recession eases and the economy gradually comes back on to the fast track. The finance minister has assured Indian public about the sound health of all Indian banks. This could also be evident from the fact that there have been no mergers and takeovers in Indian banking sector in a contrast to world scenario where finance houses are looking for mergers to cut costs on operations. We definitely are not looking tothrive; rather we are looking for growth. It is just that the pace of growth is a little slow now as compared to a year or two before. These are hard times to test the hard. The weak in business and career will be weeded out and it is sometimes very beneficial for business in the long run.Q.Which of the following statements is/are definitely true in the context of the passage?(A) India has not been affected by the economic slowdown.(B) India banks are showing growth in this quarter despite the recession.(C) While banking industry in the West was severely affected by recession in the past, it is now gradually recovering and showing a positive growth.a)Only (A)b)Only (B)c)Only (C)d)Only (A) and (B)e)Only (B) and (C)Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Directions : Read the following passage carefully and answer the questions given below it. Certain words/phrases have been printed in bold to help you locate them while answering some of the questions.Despite the economic crunch worldwide that sawpulverizationof some of the largest banking and finance giants, Indian banking houses have managed to show positive growth this quarter. Some of India’s leading national banks have posted a net profit rise of more than 40% over the last quarter amid globalturmoil.This would come as a bigshot in the armfor the investors and consumers of these banks even though apprehension is mounting on other banking and broking firms worldwide. One of the main reasons behind the success of these banks this quarter, would be their direct backing by the Government of India. People take solace in their investments in public sector watching the bailout packages being cashed out by governments all over the world to save big business houses.Other private banks in India have also reported a substantial net profit over the last quarter. Given the internal and domestic scenario, one cannot put this down as amundane eachievement. While others are on a cost-cutting spree and firing employees, Indian companies are actually working on boosting staffing in banking and broking sector. This can be seen as a big boon in the days to come when the current recession eases and the economy gradually comes back on to the fast track. The finance minister has assured Indian public about the sound health of all Indian banks. This could also be evident from the fact that there have been no mergers and takeovers in Indian banking sector in a contrast to world scenario where finance houses are looking for mergers to cut costs on operations. We definitely are not looking tothrive; rather we are looking for growth. It is just that the pace of growth is a little slow now as compared to a year or two before. These are hard times to test the hard. The weak in business and career will be weeded out and it is sometimes very beneficial for business in the long run.Q.Which of the following statements is/are definitely true in the context of the passage?(A) India has not been affected by the economic slowdown.(B) India banks are showing growth in this quarter despite the recession.(C) While banking industry in the West was severely affected by recession in the past, it is now gradually recovering and showing a positive growth.a)Only (A)b)Only (B)c)Only (C)d)Only (A) and (B)e)Only (B) and (C)Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Directions : Read the following passage carefully and answer the questions given below it. Certain words/phrases have been printed in bold to help you locate them while answering some of the questions.Despite the economic crunch worldwide that sawpulverizationof some of the largest banking and finance giants, Indian banking houses have managed to show positive growth this quarter. Some of India’s leading national banks have posted a net profit rise of more than 40% over the last quarter amid globalturmoil.This would come as a bigshot in the armfor the investors and consumers of these banks even though apprehension is mounting on other banking and broking firms worldwide. One of the main reasons behind the success of these banks this quarter, would be their direct backing by the Government of India. People take solace in their investments in public sector watching the bailout packages being cashed out by governments all over the world to save big business houses.Other private banks in India have also reported a substantial net profit over the last quarter. Given the internal and domestic scenario, one cannot put this down as amundane eachievement. While others are on a cost-cutting spree and firing employees, Indian companies are actually working on boosting staffing in banking and broking sector. This can be seen as a big boon in the days to come when the current recession eases and the economy gradually comes back on to the fast track. The finance minister has assured Indian public about the sound health of all Indian banks. This could also be evident from the fact that there have been no mergers and takeovers in Indian banking sector in a contrast to world scenario where finance houses are looking for mergers to cut costs on operations. We definitely are not looking tothrive; rather we are looking for growth. It is just that the pace of growth is a little slow now as compared to a year or two before. These are hard times to test the hard. The weak in business and career will be weeded out and it is sometimes very beneficial for business in the long run.Q.Which of the following statements is/are definitely true in the context of the passage?(A) India has not been affected by the economic slowdown.(B) India banks are showing growth in this quarter despite the recession.(C) While banking industry in the West was severely affected by recession in the past, it is now gradually recovering and showing a positive growth.a)Only (A)b)Only (B)c)Only (C)d)Only (A) and (B)e)Only (B) and (C)Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Directions : Read the following passage carefully and answer the questions given below it. Certain words/phrases have been printed in bold to help you locate them while answering some of the questions.Despite the economic crunch worldwide that sawpulverizationof some of the largest banking and finance giants, Indian banking houses have managed to show positive growth this quarter. Some of India’s leading national banks have posted a net profit rise of more than 40% over the last quarter amid globalturmoil.This would come as a bigshot in the armfor the investors and consumers of these banks even though apprehension is mounting on other banking and broking firms worldwide. One of the main reasons behind the success of these banks this quarter, would be their direct backing by the Government of India. People take solace in their investments in public sector watching the bailout packages being cashed out by governments all over the world to save big business houses.Other private banks in India have also reported a substantial net profit over the last quarter. Given the internal and domestic scenario, one cannot put this down as amundane eachievement. While others are on a cost-cutting spree and firing employees, Indian companies are actually working on boosting staffing in banking and broking sector. This can be seen as a big boon in the days to come when the current recession eases and the economy gradually comes back on to the fast track. The finance minister has assured Indian public about the sound health of all Indian banks. This could also be evident from the fact that there have been no mergers and takeovers in Indian banking sector in a contrast to world scenario where finance houses are looking for mergers to cut costs on operations. We definitely are not looking tothrive; rather we are looking for growth. It is just that the pace of growth is a little slow now as compared to a year or two before. These are hard times to test the hard. The weak in business and career will be weeded out and it is sometimes very beneficial for business in the long run.Q.Which of the following statements is/are definitely true in the context of the passage?(A) India has not been affected by the economic slowdown.(B) India banks are showing growth in this quarter despite the recession.(C) While banking industry in the West was severely affected by recession in the past, it is now gradually recovering and showing a positive growth.a)Only (A)b)Only (B)c)Only (C)d)Only (A) and (B)e)Only (B) and (C)Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice Banking Exams tests.