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NABARD Practice Test - 8 - Banking Exams MCQ


Test Description

30 Questions MCQ Test - NABARD Practice Test - 8

NABARD Practice Test - 8 for Banking Exams 2024 is part of Banking Exams preparation. The NABARD Practice Test - 8 questions and answers have been prepared according to the Banking Exams exam syllabus.The NABARD Practice Test - 8 MCQs are made for Banking Exams 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for NABARD Practice Test - 8 below.
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NABARD Practice Test - 8 - Question 1

Study the following information carefully and answer the questions given below:

‘A – B’ means “A is father of B”.

‘A % B’ means “A is sister of B”.

‘A x B’ means “A is mother of B”.

‘A + B’ means “A is brother of B”.

.Q. Which of the following expression represents “B is aunt of D?

Detailed Solution for NABARD Practice Test - 8 - Question 1

NABARD Practice Test - 8 - Question 2

Study the following information carefully and answer the questions given below:

‘A – B’ means “A is father of B”.

‘A % B’ means “A is sister of B”.

‘A x B’ means “A is mother of B”.

‘A + B’ means “A is brother of B”.

Q. How is S related to Q in the expression “P – Q % R X S?

Detailed Solution for NABARD Practice Test - 8 - Question 2


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NABARD Practice Test - 8 - Question 3

Directions

Study the following information carefully and answer the questions given below:

A word and number arrangement machine when given an input line of words and numbers rearranges them following a particular rule in each step. The following is an illustration of input and rearrangement. (All numbers are two-digit numbers).


And step V is the last step of the above input. As per the rules followed in the above steps, find out in each of the following questions, the appropriate step for the given input.

  Input: 75    centre   22    32   tall   person   equal   42    50   hope     wave    26

Q. What is the position of ‘ person’ in step IV?

Detailed Solution for NABARD Practice Test - 8 - Question 3

In the rearrangement a word and a number are arranged on the left end in each step. The word comes first in the alphabetical order gets arranged first and the smallest number comes with word first.

NABARD Practice Test - 8 - Question 4

Directions

Study the following information carefully and answer the questions given below:

A word and number arrangement machine when given an input line of words and numbers rearranges them following a particular rule in each step. The following is an illustration of input and rearrangement. (All numbers are two-digit numbers).

And step V is the last step of the above input. As per the rules followed in the above steps, find out in each of the following questions, the appropriate step for the given input.


 Input: 75  centre 22 32 tall person equal 42  50 hope   wave    26

Q. Which step would be the following output?

Tall  50 person 42 hope 32 equal 26 centre 22 75 wave

Detailed Solution for NABARD Practice Test - 8 - Question 4

In the rearrangement a word and a number are arranged on the left end in each step. The word comes first in the alphabetical order gets arranged first and the smallest number comes with word first.

NABARD Practice Test - 8 - Question 5

Directions

Study the following information carefully and answer the questions given below:

A word and number arrangement machine when given an input line of words and numbers rearranges them following a particular rule in each step. The following is an illustration of input and rearrangement. (All numbers are two-digit numbers).

And step V is the last step of the above input. As per the rules followed in the above steps, find out in each of the following questions, the appropriate step for the given input.


 Input: 75  centre 22 32 tall person equal 42  50 hope   wave    26

Q. How many steps will be required to complete the arrangement?

Detailed Solution for NABARD Practice Test - 8 - Question 5

In the rearrangement a word and a number are arranged on the left end in each step. The word comes first in the alphabetical order gets arranged first and the smallest number comes with word first.

NABARD Practice Test - 8 - Question 6

Directions

In each of the questions below are given three statements followed by three conclusions numbered I, II and III. You have to take the given statements to be true even if they seem to be at variance with commonly known facts. Read all the conclusions and then decide which of given conclusions logically follows from the given statements disregarding commonly known facts.

Statements:             All bold are cowards.

  No bold is a tall.

  Some tall are short.

Conclusions:   I. Some cowards are not tall.

  II. All tall are not bold.

 III. At least some short are not bold.

Detailed Solution for NABARD Practice Test - 8 - Question 6

No bold is a tall(E) ⇒ Conversion ⇒ No tall is a bold(E) + All bold are cowards (A) ⇒ Some cowards are not tall(O*). Hence, conclusion I follows but conclusion II does not follow.

No bold is a tall(E) + Some tall are short(I) ⇒ Some short are not bold(O*). Hence, conclusion III follows.

NABARD Practice Test - 8 - Question 7

Directions

In each of the questions below are given three statements followed by three conclusions numbered I, II and III. You have to take the given statements to be true even if they seem to be at variance with commonly known facts. Read all the conclusions and then decide which of given conclusions logically follows from the given statements disregarding commonly known facts.

Statements:            All rollers are coasters.

  Some swings are rollers.

  All bridges are swings.

. Conclusions:      I. All coasters being swings is a possibility.

  II. Some swings are not bridges.

 III. At least some rollers are definitely swings.

Detailed Solution for NABARD Practice Test - 8 - Question 7

Some swings are rollers(I) + All rollers are coasters(A) ⇒ Some swings are coasters(I) ⇒Probable conclusion ⇒ All coasters may be swings(A). Hence, conclusion I follows.

All bridges are swings(A) ⇒ Conversion ⇒ Some swings are bridges(I). Hence, conclusion II does not follow.

Some swings are rollers(I) ⇒ Conversion ⇒ Some rollers are swings(I). Hence, conclusion III follows.

NABARD Practice Test - 8 - Question 8

Directions

In each of the questions below are given three statements followed by three conclusions numbered I, II and III. You have to take the given statements to be true even if they seem to be at variance with commonly known facts. Read all the conclusions and then decide which of given conclusions logically follows from the given statements disregarding commonly known facts.

Statements:             All books are pages.

                                 Some notes are books.

  All assignments are notes.

. Conclusions:    I. At least some pages are not books.

II. All assignments are pages.

III. No assignment is a book.

Detailed Solution for NABARD Practice Test - 8 - Question 8

All books are pages (A) ⇒ Conversion ⇒ Some pages are books (I). Hence, conclusion I does not follow

All assignments are notes(A) + Some notes are books((I) ⇒ No conclusion. Hence, conclusion II and III does not follow.

NABARD Practice Test - 8 - Question 9

Directions

Study the following information carefully and answer the questions given below:

In a certain language ‘people are in taking’ is written as ‘pa na sa lo’, ‘fitness in levels taking' is written as’pi  re na pa’, ‘people fitness up notch’ is written as ‘pi co lo qa’, and ‘notch the taking with’ is written as ‘qa pa ki fe’.

Q. How is ‘taking’ written in that code language?

Detailed Solution for NABARD Practice Test - 8 - Question 9

Taking – pa

in – na

People – lo

Are – sa

Fitness – pi

Levels – re

Notch – qa

Up – co

The/with – ki/fe

NABARD Practice Test - 8 - Question 10

Directions

Study the following information carefully and answer the questions given below:

In a certain language ‘people are in taking’ is written as ‘pa na sa lo’, ‘fitness in levels taking' is written as’pi  re na pa’, ‘people fitness up notch’ is written as ‘pi co lo qa’, and ‘notch the taking with’ is written as ‘qa pa ki fe’.

Q. What does ‘lo’ stand for in the given code language?

Detailed Solution for NABARD Practice Test - 8 - Question 10

Taking – pa

in – na

People – lo

Are – sa

Fitness – pi

Levels – re

Notch – qa

Up – co

The/with – ki/fe

NABARD Practice Test - 8 - Question 11

Directions

Study the following information carefully and answer the questions given below:

In a certain language ‘people are in taking’ is written as ‘pa na sa lo’, ‘fitness in levels taking' is written as’pi  re na pa’, ‘people fitness up notch’ is written as ‘pi co lo qa’, and ‘notch the taking with’ is written as ‘qa pa ki fe’.

Q. What may be the possible code for ‘levels the with’ in the given code language?

Detailed Solution for NABARD Practice Test - 8 - Question 11

Taking – pa

in – na

People – lo

Are – sa

Fitness – pi

Levels – re

Notch – qa

Up – co

The/with – ki/fe

NABARD Practice Test - 8 - Question 12

Directions

Study the following information carefully and answer the given questions.

P, Q, R, S, T, U, V, and W are eight friends who live in eight storey building. The ground floor is numbered one and the topmost floor is numbered eight. Each of them likes different flowers, viz. Rose, Lily, Lotus, Hibiscus, Sunflower, Jasmine, Marigold and Daisy but not necessarily in the same order.

(i)There is only one floor between P and the one who likes Daisy.

(ii) The person who likes Daisy does not live on floor number 1.

(iii)S lives just below Q.

(iv)The one who likes Rose lives on an even-numbered floor and just above the floor who likes Sunflower.

(v)The person who likes Jasmine lives on an even numbered floor but not on the 8th floor.

(vi)Neither S nor W lives on first floor.

(vii)Only one person lives between the one who likes Marigold and S.

(viii)P lives on an odd numbered floor an T lives just above P.

(ix)Q lives on the fourth floor.

(x)Only two persons live between the person who likes Jasmine and P.

(xi)U lives just below the one who likes Sunflower.

(xii)S does not like neither Sunflower nor Daisy.

(xiii)The one who likes Lotus does not live on an odd numbered floor.

(xiv)V does not like Lily.

(xv)There are two floors between the floor on which W lives and the floor on which T lives.

(xvi)Only two persons live between the one who likes Hibiscus and the one who likes Lotus.

Q. Who among the following likes Lily?

Detailed Solution for NABARD Practice Test - 8 - Question 12

NABARD Practice Test - 8 - Question 13

Directions

Study the following information carefully and answer the given questions.

P, Q, R, S, T, U, V, and W are eight friends who live in eight storey building. The ground floor is numbered one and the topmost floor is numbered eight. Each of them likes different flowers, viz. Rose, Lily, Lotus, Hibiscus, Sunflower, Jasmine, Marigold and Daisy but not necessarily in the same order.

(i)There is only one floor between P and the one who likes Daisy.

(ii) The person who likes Daisy does not live on floor number 1.

(iii)S lives just below Q.

(iv)The one who likes Rose lives on an even-numbered floor and just above the floor who likes Sunflower.

(v)The person who likes Jasmine lives on an even numbered floor but not on the 8th floor.

(vi)Neither S nor W lives on first floor.

(vii)Only one person lives between the one who likes Marigold and S.

(viii)P lives on an odd numbered floor an T lives just above P.

(ix)Q lives on the fourth floor.

(x)Only two persons live between the person who likes Jasmine and P.

(xi)U lives just below the one who likes Sunflower.

(xii)S does not like neither Sunflower nor Daisy.

(xiii)The one who likes Lotus does not live on an odd numbered floor.

(xiv)V does not like Lily.

(xv)There are two floors between the floor on which W lives and the floor on which T lives.

(xvi)Only two persons live between the one who likes Hibiscus and the one who likes Lotus.

Q. How many people are there between T and Q?

Detailed Solution for NABARD Practice Test - 8 - Question 13

NABARD Practice Test - 8 - Question 14

Directions

Study the following information carefully and answer the given questions.

P, Q, R, S, T, U, V, and W are eight friends who live in eight storey building. The ground floor is numbered one and the topmost floor is numbered eight. Each of them likes different flowers, viz. Rose, Lily, Lotus, Hibiscus, Sunflower, Jasmine, Marigold and Daisy but not necessarily in the same order.

(i)There is only one floor between P and the one who likes Daisy.

(ii) The person who likes Daisy does not live on floor number 1.

(iii)S lives just below Q.

(iv)The one who likes Rose lives on an even-numbered floor and just above the floor who likes Sunflower.

(v)The person who likes Jasmine lives on an even numbered floor but not on the 8th floor.

(vi)Neither S nor W lives on first floor.

(vii)Only one person lives between the one who likes Marigold and S.

(viii)P lives on an odd numbered floor an T lives just above P.

(ix)Q lives on the fourth floor.

(x)Only two persons live between the person who likes Jasmine and P.

(xi)U lives just below the one who likes Sunflower.

(xii)S does not like neither Sunflower nor Daisy.

(xiii)The one who likes Lotus does not live on an odd numbered floor.

(xiv)V does not like Lily.

(xv)There are two floors between the floor on which W lives and the floor on which T lives.

(xvi)Only two persons live between the one who likes Hibiscus and the one who likes Lotus.

Q. Who among the following lives on the top most floor

Detailed Solution for NABARD Practice Test - 8 - Question 14

NABARD Practice Test - 8 - Question 15

Directions

Study the following information carefully and answer the given questions.

P, Q, R, S, T, U, V, and W are eight friends who live in eight storey building. The ground floor is numbered one and the topmost floor is numbered eight. Each of them likes different flowers, viz. Rose, Lily, Lotus, Hibiscus, Sunflower, Jasmine, Marigold and Daisy but not necessarily in the same order.

(i)There is only one floor between P and the one who likes Daisy.

(ii) The person who likes Daisy does not live on floor number 1.

(iii)S lives just below Q.

(iv)The one who likes Rose lives on an even-numbered floor and just above the floor who likes Sunflower.

(v)The person who likes Jasmine lives on an even numbered floor but not on the 8th floor.

(vi)Neither S nor W lives on first floor.

(vii)Only one person lives between the one who likes Marigold and S.

(viii)P lives on an odd numbered floor an T lives just above P.

(ix)Q lives on the fourth floor.

(x)Only two persons live between the person who likes Jasmine and P.

(xi)U lives just below the one who likes Sunflower.

(xii)S does not like neither Sunflower nor Daisy.

(xiii)The one who likes Lotus does not live on an odd numbered floor.

(xiv)V does not like Lily.

(xv)There are two floors between the floor on which W lives and the floor on which T lives.

(xvi)Only two persons live between the one who likes Hibiscus and the one who likes Lotus.

Q. Which of the following combination is/are true?

Detailed Solution for NABARD Practice Test - 8 - Question 15

NABARD Practice Test - 8 - Question 16

Directions

Study the following information carefully and answer the questions given below:

A, B, C, D, E, F,  G and H are eight friends sitting around a circular table. Six of them are facing the centre. All of them speak different language, viz. English, Hindi, Marathi, Telugu, Tamil, Malayalam, Bengali and Sanskrit.

G is third to the right of A and speaks English. D is third to the left of A. D and G are neighbours of B, who speaks Tamil. The one who speaks Telugu sits on the immediate right of B. H is third to the right of E and speaks Bengali. A and H are not neighbors of the person who speaks Malayalam. F does not speak Marathi or Telugu. The person who speaks Sanskrit is sitting opposite to E. C is an immediate neighbour of D. The person who is opposite B is facing outward and B is the immediate neighbor of the person who speaks Telugu.

Q. Who among the following speaks Malyalam?

Detailed Solution for NABARD Practice Test - 8 - Question 16

NABARD Practice Test - 8 - Question 17

Directions

Study the following information carefully and answer the questions given below:

A, B, C, D, E, F,  G and H are eight friends sitting around a circular table. Six of them are facing the centre. All of them speak different language, viz. English, Hindi, Marathi, Telugu, Tamil, Malayalam, Bengali and Sanskrit.

G is third to the right of A and speaks English. D is third to the left of A. D and G are neighbours of B, who speaks Tamil. The one who speaks Telugu sits on the immediate right of B. H is third to the right of E and speaks Bengali. A and H are not neighbors of the person who speaks Malayalam. F does not speak Marathi or Telugu. The person who speaks Sanskrit is sitting opposite to E. C is an immediate neighbour of D. The person who is opposite B is facing outward and B is the immediate neighbor of the person who speaks Telugu.

Q. How many persons are there between C and the person who speaks Hindi(Counting clockwise direction starting from C)?

Detailed Solution for NABARD Practice Test - 8 - Question 17

NABARD Practice Test - 8 - Question 18

Directions

Study the following information carefully and answer the questions given below:

A, B, C, D, E, F,  G and H are eight friends sitting around a circular table. Six of them are facing the centre. All of them speak different language, viz. English, Hindi, Marathi, Telugu, Tamil, Malayalam, Bengali and Sanskrit.

G is third to the right of A and speaks English. D is third to the left of A. D and G are neighbours of B, who speaks Tamil. The one who speaks Telugu sits on the immediate right of B. H is third to the right of E and speaks Bengali. A and H are not neighbors of the person who speaks Malayalam. F does not speak Marathi or Telugu. The person who speaks Sanskrit is sitting opposite to E. C is an immediate neighbour of D. The person who is opposite B is facing outward and B is the immediate neighbor of the person who speaks Telugu.

Q. The person who is sitting to the right of B speaks which of the following language?

Detailed Solution for NABARD Practice Test - 8 - Question 18

NABARD Practice Test - 8 - Question 19

Directions

Study the following information carefully and answer the questions given below:

A, B, C, D, E, F,  G and H are eight friends sitting around a circular table. Six of them are facing the centre. All of them speak different language, viz. English, Hindi, Marathi, Telugu, Tamil, Malayalam, Bengali and Sanskrit.

G is third to the right of A and speaks English. D is third to the left of A. D and G are neighbours of B, who speaks Tamil. The one who speaks Telugu sits on the immediate right of B. H is third to the right of E and speaks Bengali. A and H are not neighbors of the person who speaks Malayalam. F does not speak Marathi or Telugu. The person who speaks Sanskrit is sitting opposite to E. C is an immediate neighbour of D. The person who is opposite B is facing outward and B is the immediate neighbor of the person who speaks Telugu.

Q. What is the position of E with respect to D?

Detailed Solution for NABARD Practice Test - 8 - Question 19

NABARD Practice Test - 8 - Question 20

Directions

Study the following information carefully and answer the questions given below:

A, B, C, D, E, F,  G and H are eight friends sitting around a circular table. Six of them are facing the centre. All of them speak different language, viz. English, Hindi, Marathi, Telugu, Tamil, Malayalam, Bengali and Sanskrit.

G is third to the right of A and speaks English. D is third to the left of A. D and G are neighbours of B, who speaks Tamil. The one who speaks Telugu sits on the immediate right of B. H is third to the right of E and speaks Bengali. A and H are not neighbors of the person who speaks Malayalam. F does not speak Marathi or Telugu. The person who speaks Sanskrit is sitting opposite to E. C is an immediate neighbour of D. The person who is opposite B is facing outward and B is the immediate neighbor of the person who speaks Telugu.

Q. Which of the following statement is true?

Detailed Solution for NABARD Practice Test - 8 - Question 20

NABARD Practice Test - 8 - Question 21

Directions

Read the passage given below and answer the questions that follow based on it.

Can the selling price rise when a market is over-supplied and demand is dull? Economics tells us that it can’t, but the Indian housing market seems to be defying this rule. Earlier this month, the Ministry of Housing flagged off a new index — the NHB Residex — designed to track housing price trends in 50 cities across India. Releasing the data, the Ministry claimed that the new index offered proof that demonetisation hadn’t dealt a big blow to the housing market.

Trends in the Residex certainly support this claim. According to lenders’ data compiled by the NHB Residex, as many as 32 of the 50 cities tracked registered rising housing prices and 13 recorded stable trends, in the twelve months to March 2017. Only 5 cities saw declines. Large markets also exhibited very positive long-term trends. The Residex noted a 44% rise in home prices in Pune, 41% in Mumbai, 37% in Bengaluru and 33% in Chennai, from FY13 to the first quarter of FY17.

But this trend of resilient prices sits rather oddly with the tales of woe about the residential market doing the rounds in the last couple of years, which talk of slower sales and a stockpile of unsold homes.

The year 2016-17 saw a perfect storm of events come together to dampen demand for housing in India. First came demonetisation and the resulting purge of the cash component in real estate transactions. Then the Budget delivered a rude shock by capping the tax break from ‘loss on house property’ at ₹2 lakh a year, for second and subsequent homes. This effectively put paid to the ‘investment’ buying of homes, a key source of housing demand in Tier 1 cities. Cloudy job prospects, stingy increments and layoffs for the IT sector dampened purchases by this crucial segment too. The last nail in the coffin was the enactment of RERA (Real Estate Regulation Act) on May 1. The new law, which forces developers to segregate buyer advances and deploy it only in specific projects, was expected to result in a working capital crunch for developers. The industry was in go-slow mode in the run up to this event. Reports show that these events did, in fact, shake up the housing market. Consulting firm Knight Frank India noted in a recent review that the sales of residential homes in the top eight cities fell by a precipitous 48% in the second half of 2016, compared with the previous year. In January-June 2017, they climbed from that abyss, but home sales in these cities were still 11% below 2016 levels.

Q. What is meaning of the phrase ‘flagged off’ as used in the above passage?

Detailed Solution for NABARD Practice Test - 8 - Question 21

to flag off means to inaugurate

NABARD Practice Test - 8 - Question 22

Directions

Read the passage given below and answer the questions that follow based on it.

Can the selling price rise when a market is over-supplied and demand is dull? Economics tells us that it can’t, but the Indian housing market seems to be defying this rule. Earlier this month, the Ministry of Housing flagged off a new index — the NHB Residex — designed to track housing price trends in 50 cities across India. Releasing the data, the Ministry claimed that the new index offered proof that demonetisation hadn’t dealt a big blow to the housing market.

Trends in the Residex certainly support this claim. According to lenders’ data compiled by the NHB Residex, as many as 32 of the 50 cities tracked registered rising housing prices and 13 recorded stable trends, in the twelve months to March 2017. Only 5 cities saw declines. Large markets also exhibited very positive long-term trends. The Residex noted a 44% rise in home prices in Pune, 41% in Mumbai, 37% in Bengaluru and 33% in Chennai, from FY13 to the first quarter of FY17.

But this trend of resilient prices sits rather oddly with the tales of woe about the residential market doing the rounds in the last couple of years, which talk of slower sales and a stockpile of unsold homes.

The year 2016-17 saw a perfect storm of events come together to dampen demand for housing in India. First came demonetisation and the resulting purge of the cash component in real estate transactions. Then the Budget delivered a rude shock by capping the tax break from ‘loss on house property’ at ₹2 lakh a year, for second and subsequent homes. This effectively put paid to the ‘investment’ buying of homes, a key source of housing demand in Tier 1 cities. Cloudy job prospects, stingy increments and layoffs for the IT sector dampened purchases by this crucial segment too. The last nail in the coffin was the enactment of RERA (Real Estate Regulation Act) on May 1. The new law, which forces developers to segregate buyer advances and deploy it only in specific projects, was expected to result in a working capital crunch for developers. The industry was in go-slow mode in the run up to this event. Reports show that these events did, in fact, shake up the housing market. Consulting firm Knight Frank India noted in a recent review that the sales of residential homes in the top eight cities fell by a precipitous 48% in the second half of 2016, compared with the previous year. In January-June 2017, they climbed from that abyss, but home sales in these cities were still 11% below 2016 levels.

Q. What is the use of NHB Residex?

Detailed Solution for NABARD Practice Test - 8 - Question 22

the NHB Residex — designed to track housing price trends in 50 cities across India

NABARD Practice Test - 8 - Question 23

Directions

Read the passage given below and answer the questions that follow based on it.

Can the selling price rise when a market is over-supplied and demand is dull? Economics tells us that it can’t, but the Indian housing market seems to be defying this rule. Earlier this month, the Ministry of Housing flagged off a new index — the NHB Residex — designed to track housing price trends in 50 cities across India. Releasing the data, the Ministry claimed that the new index offered proof that demonetisation hadn’t dealt a big blow to the housing market.

Trends in the Residex certainly support this claim. According to lenders’ data compiled by the NHB Residex, as many as 32 of the 50 cities tracked registered rising housing prices and 13 recorded stable trends, in the twelve months to March 2017. Only 5 cities saw declines. Large markets also exhibited very positive long-term trends. The Residex noted a 44% rise in home prices in Pune, 41% in Mumbai, 37% in Bengaluru and 33% in Chennai, from FY13 to the first quarter of FY17.

But this trend of resilient prices sits rather oddly with the tales of woe about the residential market doing the rounds in the last couple of years, which talk of slower sales and a stockpile of unsold homes.

The year 2016-17 saw a perfect storm of events come together to dampen demand for housing in India. First came demonetisation and the resulting purge of the cash component in real estate transactions. Then the Budget delivered a rude shock by capping the tax break from ‘loss on house property’ at ₹2 lakh a year, for second and subsequent homes. This effectively put paid to the ‘investment’ buying of homes, a key source of housing demand in Tier 1 cities. Cloudy job prospects, stingy increments and layoffs for the IT sector dampened purchases by this crucial segment too. The last nail in the coffin was the enactment of RERA (Real Estate Regulation Act) on May 1. The new law, which forces developers to segregate buyer advances and deploy it only in specific projects, was expected to result in a working capital crunch for developers. The industry was in go-slow mode in the run up to this event. Reports show that these events did, in fact, shake up the housing market. Consulting firm Knight Frank India noted in a recent review that the sales of residential homes in the top eight cities fell by a precipitous 48% in the second half of 2016, compared with the previous year. In January-June 2017, they climbed from that abyss, but home sales in these cities were still 11% below 2016 levels.

Q. What is the meaning of the phrase “The last nail in the coffin”?

NABARD Practice Test - 8 - Question 24

Directions

Read the passage given below and answer the questions that follow based on it.

Can the selling price rise when a market is over-supplied and demand is dull? Economics tells us that it can’t, but the Indian housing market seems to be defying this rule. Earlier this month, the Ministry of Housing flagged off a new index — the NHB Residex — designed to track housing price trends in 50 cities across India. Releasing the data, the Ministry claimed that the new index offered proof that demonetisation hadn’t dealt a big blow to the housing market.

Trends in the Residex certainly support this claim. According to lenders’ data compiled by the NHB Residex, as many as 32 of the 50 cities tracked registered rising housing prices and 13 recorded stable trends, in the twelve months to March 2017. Only 5 cities saw declines. Large markets also exhibited very positive long-term trends. The Residex noted a 44% rise in home prices in Pune, 41% in Mumbai, 37% in Bengaluru and 33% in Chennai, from FY13 to the first quarter of FY17.

But this trend of resilient prices sits rather oddly with the tales of woe about the residential market doing the rounds in the last couple of years, which talk of slower sales and a stockpile of unsold homes.

The year 2016-17 saw a perfect storm of events come together to dampen demand for housing in India. First came demonetisation and the resulting purge of the cash component in real estate transactions. Then the Budget delivered a rude shock by capping the tax break from ‘loss on house property’ at ₹2 lakh a year, for second and subsequent homes. This effectively put paid to the ‘investment’ buying of homes, a key source of housing demand in Tier 1 cities. Cloudy job prospects, stingy increments and layoffs for the IT sector dampened purchases by this crucial segment too. The last nail in the coffin was the enactment of RERA (Real Estate Regulation Act) on May 1. The new law, which forces developers to segregate buyer advances and deploy it only in specific projects, was expected to result in a working capital crunch for developers. The industry was in go-slow mode in the run up to this event. Reports show that these events did, in fact, shake up the housing market. Consulting firm Knight Frank India noted in a recent review that the sales of residential homes in the top eight cities fell by a precipitous 48% in the second half of 2016, compared with the previous year. In January-June 2017, they climbed from that abyss, but home sales in these cities were still 11% below 2016 levels.

Q. Which of the following events, according to the passage, are responsible for the dampened demand of housing in India?

NABARD Practice Test - 8 - Question 25

Directions

Read the passage given below and answer the questions that follow based on it.

Can the selling price rise when a market is over-supplied and demand is dull? Economics tells us that it can’t, but the Indian housing market seems to be defying this rule. Earlier this month, the Ministry of Housing flagged off a new index — the NHB Residex — designed to track housing price trends in 50 cities across India. Releasing the data, the Ministry claimed that the new index offered proof that demonetisation hadn’t dealt a big blow to the housing market.

Trends in the Residex certainly support this claim. According to lenders’ data compiled by the NHB Residex, as many as 32 of the 50 cities tracked registered rising housing prices and 13 recorded stable trends, in the twelve months to March 2017. Only 5 cities saw declines. Large markets also exhibited very positive long-term trends. The Residex noted a 44% rise in home prices in Pune, 41% in Mumbai, 37% in Bengaluru and 33% in Chennai, from FY13 to the first quarter of FY17.

But this trend of resilient prices sits rather oddly with the tales of woe about the residential market doing the rounds in the last couple of years, which talk of slower sales and a stockpile of unsold homes.

The year 2016-17 saw a perfect storm of events come together to dampen demand for housing in India. First came demonetisation and the resulting purge of the cash component in real estate transactions. Then the Budget delivered a rude shock by capping the tax break from ‘loss on house property’ at ₹2 lakh a year, for second and subsequent homes. This effectively put paid to the ‘investment’ buying of homes, a key source of housing demand in Tier 1 cities. Cloudy job prospects, stingy increments and layoffs for the IT sector dampened purchases by this crucial segment too. The last nail in the coffin was the enactment of RERA (Real Estate Regulation Act) on May 1. The new law, which forces developers to segregate buyer advances and deploy it only in specific projects, was expected to result in a working capital crunch for developers. The industry was in go-slow mode in the run up to this event. Reports show that these events did, in fact, shake up the housing market. Consulting firm Knight Frank India noted in a recent review that the sales of residential homes in the top eight cities fell by a precipitous 48% in the second half of 2016, compared with the previous year. In January-June 2017, they climbed from that abyss, but home sales in these cities were still 11% below 2016 levels.

Q. Choose the word which is most similar in meaning to the word abyss as used in passage.

Detailed Solution for NABARD Practice Test - 8 - Question 25

abyss means void/hole

NABARD Practice Test - 8 - Question 26

Directions

Read the passage given below and answer the questions that follow based on it.

Can the selling price rise when a market is over-supplied and demand is dull? Economics tells us that it can’t, but the Indian housing market seems to be defying this rule. Earlier this month, the Ministry of Housing flagged off a new index — the NHB Residex — designed to track housing price trends in 50 cities across India. Releasing the data, the Ministry claimed that the new index offered proof that demonetisation hadn’t dealt a big blow to the housing market.

Trends in the Residex certainly support this claim. According to lenders’ data compiled by the NHB Residex, as many as 32 of the 50 cities tracked registered rising housing prices and 13 recorded stable trends, in the twelve months to March 2017. Only 5 cities saw declines. Large markets also exhibited very positive long-term trends. The Residex noted a 44% rise in home prices in Pune, 41% in Mumbai, 37% in Bengaluru and 33% in Chennai, from FY13 to the first quarter of FY17.

But this trend of resilient prices sits rather oddly with the tales of woe about the residential market doing the rounds in the last couple of years, which talk of slower sales and a stockpile of unsold homes.

The year 2016-17 saw a perfect storm of events come together to dampen demand for housing in India. First came demonetisation and the resulting purge of the cash component in real estate transactions. Then the Budget delivered a rude shock by capping the tax break from ‘loss on house property’ at ₹2 lakh a year, for second and subsequent homes. This effectively put paid to the ‘investment’ buying of homes, a key source of housing demand in Tier 1 cities. Cloudy job prospects, stingy increments and layoffs for the IT sector dampened purchases by this crucial segment too. The last nail in the coffin was the enactment of RERA (Real Estate Regulation Act) on May 1. The new law, which forces developers to segregate buyer advances and deploy it only in specific projects, was expected to result in a working capital crunch for developers. The industry was in go-slow mode in the run up to this event. Reports show that these events did, in fact, shake up the housing market. Consulting firm Knight Frank India noted in a recent review that the sales of residential homes in the top eight cities fell by a precipitous 48% in the second half of 2016, compared with the previous year. In January-June 2017, they climbed from that abyss, but home sales in these cities were still 11% below 2016 levels.

Q. Choose the word which is most similar in meaning to the word compiled as used in passage.

Detailed Solution for NABARD Practice Test - 8 - Question 26

compiled means collected/assembled

NABARD Practice Test - 8 - Question 27

Directions

Read the passage given below and answer the questions that follow based on it.

Can the selling price rise when a market is over-supplied and demand is dull? Economics tells us that it can’t, but the Indian housing market seems to be defying this rule. Earlier this month, the Ministry of Housing flagged off a new index — the NHB Residex — designed to track housing price trends in 50 cities across India. Releasing the data, the Ministry claimed that the new index offered proof that demonetisation hadn’t dealt a big blow to the housing market.

Trends in the Residex certainly support this claim. According to lenders’ data compiled by the NHB Residex, as many as 32 of the 50 cities tracked registered rising housing prices and 13 recorded stable trends, in the twelve months to March 2017. Only 5 cities saw declines. Large markets also exhibited very positive long-term trends. The Residex noted a 44% rise in home prices in Pune, 41% in Mumbai, 37% in Bengaluru and 33% in Chennai, from FY13 to the first quarter of FY17.

But this trend of resilient prices sits rather oddly with the tales of woe about the residential market doing the rounds in the last couple of years, which talk of slower sales and a stockpile of unsold homes.

The year 2016-17 saw a perfect storm of events come together to dampen demand for housing in India. First came demonetisation and the resulting purge of the cash component in real estate transactions. Then the Budget delivered a rude shock by capping the tax break from ‘loss on house property’ at ₹2 lakh a year, for second and subsequent homes. This effectively put paid to the ‘investment’ buying of homes, a key source of housing demand in Tier 1 cities. Cloudy job prospects, stingy increments and layoffs for the IT sector dampened purchases by this crucial segment too. The last nail in the coffin was the enactment of RERA (Real Estate Regulation Act) on May 1. The new law, which forces developers to segregate buyer advances and deploy it only in specific projects, was expected to result in a working capital crunch for developers. The industry was in go-slow mode in the run up to this event. Reports show that these events did, in fact, shake up the housing market. Consulting firm Knight Frank India noted in a recent review that the sales of residential homes in the top eight cities fell by a precipitous 48% in the second half of 2016, compared with the previous year. In January-June 2017, they climbed from that abyss, but home sales in these cities were still 11% below 2016 levels.

Q. Choose the word which is most opposite in meaning to the word segregate as used in passage.

Detailed Solution for NABARD Practice Test - 8 - Question 27

segregate means separate

NABARD Practice Test - 8 - Question 28

Directions

One word is followed by five options. Select the option which seems nearest in meaning to the word mentioned in the question on the top. If none of the words seem close in meaning to the word, mark none of these as the answer.q

IMPLEMENT

Detailed Solution for NABARD Practice Test - 8 - Question 28

Implement :to bring something into action / use.

NABARD Practice Test - 8 - Question 29

Directions

One word is followed by five options. Select the option which seems nearest in meaning to the word mentioned in the question on the top. If none of the words seem close in meaning to the word, mark none of these as the answer.

DISPENSE

Detailed Solution for NABARD Practice Test - 8 - Question 29

Dispense : to distribute

NABARD Practice Test - 8 - Question 30

Directions

One word is followed by five options. Select the option which seems nearest in meaning to the word mentioned in the question on the top. If none of the words seem close in meaning to the word, mark none of these as the answer.

BACKFIRE

Detailed Solution for NABARD Practice Test - 8 - Question 30

Backfire : to have an opposite effec

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