RBI Assistant Prelims Mock Test - 8 - Banking Exams MCQ

Read the given passage and answer the questions that follow.

A little over two years after it turned its back at the last minute on a major multilateral trade agreement it had spent years negotiating, India last week announced the signing of a Comprehensive Economic Partnership Agreement with the United Arab Emirates (UAE). The free trade pact is a tacit acknowledgment that India needs to strengthen its trade ties with existing partners by lowering tariff walls and obtaining more favourable access for its exports in order to boost trade and economic output. With the COVID-19 pandemic having thrown into sharp relief the public health and economic vulnerabilities of an increasingly interconnected world, a reflexive urge to turn inward was evident in the last two years as nations imposed tight travel and entry restrictions in a bid to protect their populations. And ironically, even as India sought to promote atmanirbharta or self-reliance, the pandemic also depressed domestic consumption demand, dragging down overall economic output. Exports on the other hand have rebounded strongly, with growth outpacing even the pre-pandemic levels. It is in this backdrop that the Government’s renewed push to negotiate its bilateral free trade agreements is a welcome change in tack and signals that India is keener to strengthen trade ties with individual partner countries on equitable terms rather than be tied into multilateral pacts that do not necessarily address its key concerns.

That the accord was finalised in less than six months’ time, from the start of negotiations in September, is a testimony to the strength of the bilateral ties and the recognition that there is more to gain from a deepening of the relationship. The UAE is already India’s third-largest trading partner with bilateral trade in 2019-20 valued at $59 billion. While India’s exports amounted to about $29 billion in the pre-pandemic fiscal year ended March 2020, the UAE supplied India with $10.9 billion worth of crude oil in that period and counts New Delhi as its second-largest trading partner. The two partners now aim to leverage the free trade deal to lift bilateral merchandise trade to $100 billion over the next five years. While the fine print of the tariff concessions on both sides is yet to be spelt out, India has made it clear that a range of exports including textiles and jewellery are set to benefit from a zero-duty regime once the accord is formally operationalised by May. Two-way investment flows and remittances — a major source of foreign exchange earnings for India given the large Indian workforce in the UAE — are also expected to receive a fillip. With multiple other FTAs in the pipeline, India has a fresh opportunity to reset its trade ties with the international community, one accord at a time.

Q. Which of the following is/are FALSE according to the given passage?

Read the given passage and answer the questions that follow.

A little over two years after it turned its back at the last minute on a major multilateral trade agreement it had spent years negotiating, India last week announced the signing of a Comprehensive Economic Partnership Agreement with the United Arab Emirates (UAE). The free trade pact is a tacit acknowledgment that India needs to strengthen its trade ties with existing partners by lowering tariff walls and obtaining more favourable access for its exports in order to boost trade and economic output. With the COVID-19 pandemic having thrown into sharp relief the public health and economic vulnerabilities of an increasingly interconnected world, a reflexive urge to turn inward was evident in the last two years as nations imposed tight travel and entry restrictions in a bid to protect their populations. And ironically, even as India sought to promote atmanirbharta or self-reliance, the pandemic also depressed domestic consumption demand, dragging down overall economic output. Exports on the other hand have rebounded strongly, with growth outpacing even the pre-pandemic levels. It is in this backdrop that the Government’s renewed push to negotiate its bilateral free trade agreements is a welcome change in tack and signals that India is keener to strengthen trade ties with individual partner countries on equitable terms rather than be tied into multilateral pacts that do not necessarily address its key concerns.

That the accord was finalised in less than six months’ time, from the start of negotiations in September, is a testimony to the strength of the bilateral ties and the recognition that there is more to gain from a deepening of the relationship. The UAE is already India’s third-largest trading partner with bilateral trade in 2019-20 valued at $59 billion. While India’s exports amounted to about $29 billion in the pre-pandemic fiscal year ended March 2020, the UAE supplied India with $10.9 billion worth of crude oil in that period and counts New Delhi as its second-largest trading partner. The two partners now aim to leverage the free trade deal to lift bilateral merchandise trade to $100 billion over the next five years. While the fine print of the tariff concessions on both sides is yet to be spelt out, India has made it clear that a range of exports including textiles and jewellery are set to benefit from a zero-duty regime once the accord is formally operationalised by May. Two-way investment flows and remittances — a major source of foreign exchange earnings for India given the large Indian workforce in the UAE — are also expected to receive a fillip. With multiple other FTAs in the pipeline, India has a fresh opportunity to reset its trade ties with the international community, one accord at a time.

Q. What is the ANTONYM of the word ‘rebound’ given in the passage?

Read the given passage and answer the questions that follow.

A little over two years after it turned its back at the last minute on a major multilateral trade agreement it had spent years negotiating, India last week announced the signing of a Comprehensive Economic Partnership Agreement with the United Arab Emirates (UAE). The free trade pact is a tacit acknowledgment that India needs to strengthen its trade ties with existing partners by lowering tariff walls and obtaining more favourable access for its exports in order to boost trade and economic output. With the COVID-19 pandemic having thrown into sharp relief the public health and economic vulnerabilities of an increasingly interconnected world, a reflexive urge to turn inward was evident in the last two years as nations imposed tight travel and entry restrictions in a bid to protect their populations. And ironically, even as India sought to promote atmanirbharta or self-reliance, the pandemic also depressed domestic consumption demand, dragging down overall economic output. Exports on the other hand have rebounded strongly, with growth outpacing even the pre-pandemic levels. It is in this backdrop that the Government’s renewed push to negotiate its bilateral free trade agreements is a welcome change in tack and signals that India is keener to strengthen trade ties with individual partner countries on equitable terms rather than be tied into multilateral pacts that do not necessarily address its key concerns.

That the accord was finalised in less than six months’ time, from the start of negotiations in September, is a testimony to the strength of the bilateral ties and the recognition that there is more to gain from a deepening of the relationship. The UAE is already India’s third-largest trading partner with bilateral trade in 2019-20 valued at $59 billion. While India’s exports amounted to about $29 billion in the pre-pandemic fiscal year ended March 2020, the UAE supplied India with $10.9 billion worth of crude oil in that period and counts New Delhi as its second-largest trading partner. The two partners now aim to leverage the free trade deal to lift bilateral merchandise trade to $100 billion over the next five years. While the fine print of the tariff concessions on both sides is yet to be spelt out, India has made it clear that a range of exports including textiles and jewellery are set to benefit from a zero-duty regime once the accord is formally operationalised by May. Two-way investment flows and remittances — a major source of foreign exchange earnings for India given the large Indian workforce in the UAE — are also expected to receive a fillip. With multiple other FTAs in the pipeline, India has a fresh opportunity to reset its trade ties with the international community, one accord at a time.

Q. What are the advantages if the India-UAE agreement is legally implemented by May?

Read the given passage and answer the questions that follow.

A little over two years after it turned its back at the last minute on a major multilateral trade agreement it had spent years negotiating, India last week announced the signing of a Comprehensive Economic Partnership Agreement with the United Arab Emirates (UAE). The free trade pact is a tacit acknowledgment that India needs to strengthen its trade ties with existing partners by lowering tariff walls and obtaining more favourable access for its exports in order to boost trade and economic output. With the COVID-19 pandemic having thrown into sharp relief the public health and economic vulnerabilities of an increasingly interconnected world, a reflexive urge to turn inward was evident in the last two years as nations imposed tight travel and entry restrictions in a bid to protect their populations. And ironically, even as India sought to promote atmanirbharta or self-reliance, the pandemic also depressed domestic consumption demand, dragging down overall economic output. Exports on the other hand have rebounded strongly, with growth outpacing even the pre-pandemic levels. It is in this backdrop that the Government’s renewed push to negotiate its bilateral free trade agreements is a welcome change in tack and signals that India is keener to strengthen trade ties with individual partner countries on equitable terms rather than be tied into multilateral pacts that do not necessarily address its key concerns.

That the accord was finalised in less than six months’ time, from the start of negotiations in September, is a testimony to the strength of the bilateral ties and the recognition that there is more to gain from a deepening of the relationship. The UAE is already India’s third-largest trading partner with bilateral trade in 2019-20 valued at $59 billion. While India’s exports amounted to about $29 billion in the pre-pandemic fiscal year ended March 2020, the UAE supplied India with $10.9 billion worth of crude oil in that period and counts New Delhi as its second-largest trading partner. The two partners now aim to leverage the free trade deal to lift bilateral merchandise trade to $100 billion over the next five years. While the fine print of the tariff concessions on both sides is yet to be spelt out, India has made it clear that a range of exports including textiles and jewellery are set to benefit from a zero-duty regime once the accord is formally operationalised by May. Two-way investment flows and remittances — a major source of foreign exchange earnings for India given the large Indian workforce in the UAE — are also expected to receive a fillip. With multiple other FTAs in the pipeline, India has a fresh opportunity to reset its trade ties with the international community, one accord at a time.

Q. Which of the following is/are TRUE according to the given passage?

Read the given passage and answer the questions that follow.

A little over two years after it turned its back at the last minute on a major multilateral trade agreement it had spent years negotiating, India last week announced the signing of a Comprehensive Economic Partnership Agreement with the United Arab Emirates (UAE). The free trade pact is a tacit acknowledgment that India needs to strengthen its trade ties with existing partners by lowering tariff walls and obtaining more favourable access for its exports in order to boost trade and economic output. With the COVID-19 pandemic having thrown into sharp relief the public health and economic vulnerabilities of an increasingly interconnected world, a reflexive urge to turn inward was evident in the last two years as nations imposed tight travel and entry restrictions in a bid to protect their populations. And ironically, even as India sought to promote atmanirbharta or self-reliance, the pandemic also depressed domestic consumption demand, dragging down overall economic output. Exports on the other hand have rebounded strongly, with growth outpacing even the pre-pandemic levels. It is in this backdrop that the Government’s renewed push to negotiate its bilateral free trade agreements is a welcome change in tack and signals that India is keener to strengthen trade ties with individual partner countries on equitable terms rather than be tied into multilateral pacts that do not necessarily address its key concerns.

That the accord was finalised in less than six months’ time, from the start of negotiations in September, is a testimony to the strength of the bilateral ties and the recognition that there is more to gain from a deepening of the relationship. The UAE is already India’s third-largest trading partner with bilateral trade in 2019-20 valued at $59 billion. While India’s exports amounted to about $29 billion in the pre-pandemic fiscal year ended March 2020, the UAE supplied India with $10.9 billion worth of crude oil in that period and counts New Delhi as its second-largest trading partner. The two partners now aim to leverage the free trade deal to lift bilateral merchandise trade to $100 billion over the next five years. While the fine print of the tariff concessions on both sides is yet to be spelt out, India has made it clear that a range of exports including textiles and jewellery are set to benefit from a zero-duty regime once the accord is formally operationalised by May. Two-way investment flows and remittances — a major source of foreign exchange earnings for India given the large Indian workforce in the UAE — are also expected to receive a fillip. With multiple other FTAs in the pipeline, India has a fresh opportunity to reset its trade ties with the international community, one accord at a time.

Q. What is the SYNONYM of the word ‘fillip’ given in the passage?

Direction: Read the sentence to find out whether there is an error in it or not. The error, if any, will be in one part of the sentence. The number of that part is the answer. If there is no error, the answer is (E). Ignore errors of punctuation, if any.

The aforementioned position / (1) was to be close for the / (2) candidates possessing a / (3) score of 160 or lower. / (4)

In the following questions, a sentence has been given that has been divided into four parts. Among them one or more than one part may/may not contain error. Find out the part/s that contain/s error and mark your answer using the given alternatives. If the sentence is free from error, choose option E as your answer.

While nuclear experts says that the risk (A)/ of direct threats to the reactors are low, (B)/ some have said the bigger threat is (C)/ that of degradation of Ukraine’s power grid. (D)/ No error (E)

Direction: Read the sentence to find out whether there is an error in it or not. The error, if any, will be in one part of the sentence. The number of that part is the answer. If there is no error, the answer is (E). Ignore errors of punctuation, if any.

Little does the King / (1) know that an evil plan / (2) was already being hatched in his / (3) palace at that moment. / (4)

In the following questions, a sentence has been given that has been divided into four parts. Among them one or more than one part may/may not contain error. Find out the part/s that contain/s error and mark your answer using the given alternatives. If the sentence is free from error, choose option E as your answer.

As we emerge on the pandemic, (A)/ we can imagine two trajectories that (B)/ Indian science could took in (C)/ the future, the author, Prof. Gautam I. Menon, writes. (D)/ No error (E)

Direction: In the following question, a passage with ten blanks is given and the options for the blanks are jumbled. You are required to fill the correct word in the blank.

The morning sun was ____A_____ (dreams) through the crevices of the canvas when the man awoke. A warm glow _____B_____ (thrust) the whole atmosphere of the marquee, and a _____C_____ (breast-pocket) big blue fly buzzed musically round and round it. Besides the _____D____ (ring) of the fly, there was not a sound. He looked about--at the benches--at the table supported by trestles--at his basket of odds and ____E____ (ends)-at the stove where the furmity had been boiled--at the empty basins--at some shed grains of wheat--at the corks which dotted the grassy floor. Among the odds and ______F_____ (tools) he discerned a little shining object and picked it up. It was his wife's _____G____ (buzz). A confused picture of the events of the previous evening seemed to come back to him, and he thrust his hand into his ____H_____ (single). A rustling revealed the sailor's bank-notes _____I_____ (pervaded) carelessly in. This second verification of his dim memories was enough; he knew now they were not _____J_____ (streaming). He remained seated, looking on the ground for some time. "I must get out of this as soon as I can," he said deliberately at last, with the air of one who could not catch his thoughts without pronouncing them.

Which of the following fits the blank D?

Direction: In the following question, a passage with ten blanks is given and the options for the blanks are jumbled. You are required to fill the correct word in the blank.

The morning sun was ____A_____ (dreams) through the crevices of the canvas when the man awoke. A warm glow _____B_____ (thrust) the whole atmosphere of the marquee, and a _____C_____ (breast-pocket) big blue fly buzzed musically round and round it. Besides the _____D____ (ring) of the fly, there was not a sound. He looked about--at the benches--at the table supported by trestles--at his basket of odds and ____E____ (ends)-at the stove where the furmity had been boiled--at the empty basins--at some shed grains of wheat--at the corks which dotted the grassy floor. Among the odds and ______F_____ (tools) he discerned a little shining object and picked it up. It was his wife's _____G____ (buzz). A confused picture of the events of the previous evening seemed to come back to him, and he thrust his hand into his ____H_____ (single). A rustling revealed the sailor's bank-notes _____I_____ (pervaded) carelessly in. This second verification of his dim memories was enough; he knew now they were not _____J_____ (streaming). He remained seated, looking on the ground for some time. "I must get out of this as soon as I can," he said deliberately at last, with the air of one who could not catch his thoughts without pronouncing them.

Which of the following fits the blank B?

Direction: In the following question, a passage with ten blanks is given and the options for the blanks are jumbled. You are required to fill the correct word in the blank.

The morning sun was ____A_____ (dreams) through the crevices of the canvas when the man awoke. A warm glow _____B_____ (thrust) the whole atmosphere of the marquee, and a _____C_____ (breast-pocket) big blue fly buzzed musically round and round it. Besides the _____D____ (ring) of the fly, there was not a sound. He looked about--at the benches--at the table supported by trestles--at his basket of odds and ____E____ (ends)-at the stove where the furmity had been boiled--at the empty basins--at some shed grains of wheat--at the corks which dotted the grassy floor. Among the odds and ______F_____ (tools) he discerned a little shining object and picked it up. It was his wife's _____G____ (buzz). A confused picture of the events of the previous evening seemed to come back to him, and he thrust his hand into his ____H_____ (single). A rustling revealed the sailor's bank-notes _____I_____ (pervaded) carelessly in. This second verification of his dim memories was enough; he knew now they were not _____J_____ (streaming). He remained seated, looking on the ground for some time. "I must get out of this as soon as I can," he said deliberately at last, with the air of one who could not catch his thoughts without pronouncing them.

Which of the following fits the blank E?

Direction: In the following question, a passage with ten blanks is given and the options for the blanks are jumbled. You are required to fill the correct word in the blank.

The morning sun was ____A_____ (dreams) through the crevices of the canvas when the man awoke. A warm glow _____B_____ (thrust) the whole atmosphere of the marquee, and a _____C_____ (breast-pocket) big blue fly buzzed musically round and round it. Besides the _____D____ (ring) of the fly, there was not a sound. He looked about--at the benches--at the table supported by trestles--at his basket of odds and ____E____ (ends)-at the stove where the furmity had been boiled--at the empty basins--at some shed grains of wheat--at the corks which dotted the grassy floor. Among the odds and ______F_____ (tools) he discerned a little shining object and picked it up. It was his wife's _____G____ (buzz). A confused picture of the events of the previous evening seemed to come back to him, and he thrust his hand into his ____H_____ (single). A rustling revealed the sailor's bank-notes _____I_____ (pervaded) carelessly in. This second verification of his dim memories was enough; he knew now they were not _____J_____ (streaming). He remained seated, looking on the ground for some time. "I must get out of this as soon as I can," he said deliberately at last, with the air of one who could not catch his thoughts without pronouncing them.

Which of the following fits the blank C?

Direction: In the following question, a passage with ten blanks is given and the options for the blanks are jumbled. You are required to fill the correct word in the blank.

The morning sun was ____A_____ (dreams) through the crevices of the canvas when the man awoke. A warm glow _____B_____ (thrust) the whole atmosphere of the marquee, and a _____C_____ (breast-pocket) big blue fly buzzed musically round and round it. Besides the _____D____ (ring) of the fly, there was not a sound. He looked about--at the benches--at the table supported by trestles--at his basket of odds and ____E____ (ends)-at the stove where the furmity had been boiled--at the empty basins--at some shed grains of wheat--at the corks which dotted the grassy floor. Among the odds and ______F_____ (tools) he discerned a little shining object and picked it up. It was his wife's _____G____ (buzz). A confused picture of the events of the previous evening seemed to come back to him, and he thrust his hand into his ____H_____ (single). A rustling revealed the sailor's bank-notes _____I_____ (pervaded) carelessly in. This second verification of his dim memories was enough; he knew now they were not _____J_____ (streaming). He remained seated, looking on the ground for some time. "I must get out of this as soon as I can," he said deliberately at last, with the air of one who could not catch his thoughts without pronouncing them.

Which of the following fits the blank A?

In the following questions, a sentence is given with two blanks in it. Choose the most appropriate set of words that can be filled in the given sentence to make it grammatically and contextually meaningful. If none of the alternatives is correct, choose option E as your answer.

News has just beamed on television screens that Putin has called off the war, expressed _________ at what he has done, deeply regretted the horror he ____________.

Direction: In the following question, a paragraph is given with three blanks, followed by six words. You have to choose the most suitable combination of words from the five options forming a grammatically correct and contextually meaningful paragraph. If none of the combinations appropriately fill the blank, mark option E, 'None of these' as the answer.

The compact city is commonly identified as a high-density and mixed-use development pattern. This pattern is considered to be effective in ________ urban sprawl by intensifying activity density in urban areas, ________ trips in personal vehicles, and providing diverse services through mixed land use, and by ________ old urban areas and preserving rural areas by promoting infill development.

i. Restructuring

ii. Reducing

iii. Relaxing

iv. Revitalizing

v. Restraining

vi. Revamping

In the following questions, a sentence is given with two blanks in it. Choose the most appropriate set of words that can be filled in the given sentence to make it grammatically and contextually meaningful. If none of the alternatives is correct, choose option E as your answer.

The failure of US ___________ in Afghanistan and previously in Vietnam have raised doubts about the extent of the country’s ___________ to protect other democracies.

Direction: In the following question, a paragraph is given with three blanks, followed by six words. You have to choose the most suitable combination of words from the five options forming a grammatically correct and contextually meaningful paragraph. If none of the combinations appropriately fill the blank, mark option E, 'None of these' as the answer.

Life on earth depends on energy from the ________. About 30 percent of the sunlight that beams toward Earth is deflected by the outer atmosphere and scattered back into ________. The rest reaches the planet's surface and is reflected upward again as a type of slow-moving ______ called infrared radiation.

i. power

ii. Milky way

iii. Energy

iv. Space

v. Sun

vi. Sunlight

In the following questions, a sentence is given in which a part of the sentence has been highlighted. The highlighted part may/may not be grammatically correct. Choose the most appropriate alternative to replace the emboldened part. If the emboldened part doesn’t require any improvement, choose option E as your answer.

To protect the most vulnerable during the pandemic, each UK country drew up shielded patient lists to contact individuals to recommend complete shielding.

In the following questions, a sentence is given in which a part of the sentence has been highlighted. The highlighted part may/may not be grammatically correct. Choose the most appropriate alternative to replace the emboldened part. If the emboldened part doesn’t require any improvement, choose option E as your answer.

An ecosystem of entrepreneurship and innovation with targeted policies and interventions will contribute to enhanced productivity and generating employment.

In the following questions, a sentence is given in which a part of the sentence has been highlighted. The highlighted part may/may not be grammatically correct. Choose the most appropriate alternative to replace the emboldened part. If the emboldened part doesn’t require any improvement, choose option E as your answer.

Despite of having many extensive healthcare datasets across primary and secondary care, the UK has struggled to maximise the use of these assets to improve policy and planning.

In the following questions, a sentence is given in which a part of the sentence has been highlighted. The highlighted part may/may not be grammatically correct. Choose the most appropriate alternative to replace the emboldened part. If the emboldened part doesn’t require any improvement, choose option E as your answer.

The number of people who are eligible for lifetime pensions from the exchequer are being set to swell around 1,500 when the additional beneficiaries, who were recruited during the previous government, are added.

In the following questions, a sentence is given in which a part of the sentence has been highlighted. The highlighted part may/may not be grammatically correct. Choose the most appropriate alternative to replace the emboldened part. If the emboldened part doesn’t require any improvement, choose option E as your answer.

With the experiences acquired during the COVID-19 pandemic, each UK country needs to now re-evaluate their digital health and care strategies.

Direction: Identify the correct pair of synonyms or antonyms from the given table.

Direction: Identify the correct pair of synonyms or antonyms from the given table.

Direction: Identify the correct pair of synonyms or antonyms from the given table.

Direction: Identify the correct pair of synonyms or antonyms from the given table.