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Sample question paper.
Practice set for SBI PO (ENGLISH)
Directions (Q 1- 15): Read the
following passage carefully and answer the questions given below it. Certain
words/ phrases are printed in bold to help you to locate them while
answering some of the questions.
John Maynard Keynes, the
trendiest dead economist of this apocalyptic moment, was the godfather of
government stimulus. Keynes had the radical idea that throwing money at
recessions through aggressive deficit spending would resuscitate flatined economies
and he wasn’t too particular about where the money was thrown. In the depths
of the Depression, he suggested that the Treasury could ‘ fill old
bottles with banknotes, bury them at suitable depths in disused coal mines’ then
sit back and watch a money mining boom create jobs and prosperity. ‘It would,
indeed, be more sensible to build houses and the like’, he wrote, but ‘the above
would be better than nothing.’
As President –elect Barack Obama prepares to throw
money at the current downturn- a stimulus package starting at about $800 billion , plus the second $350 billion chunk of the financial
bailout – we all really do seem to be Keynesians now. Just about every expert
aggress that pumping $1 trillion into a moribund economy will rev up the
ethereal goods -and -services engine that Keynes called ‘ aggregate demand’ and
stimulate at least some short term activity, even it is all wasted on money
pits. But Keynes was also right that there would be more sensible ways to spend
it. There would also be less sensible ways to spend it. A trillion dollars’
worth of bad ideas – sprawl – inducing highways and bridges to nowhere, ethanol
plants and pipelines that accelerate global warming, tax breaks for
overleveraged McMansion builders and burdensome new
long- term federal entitlements – would be worse than mere waste, it would be
smarter to buy every American an iPod, a set of Ginsu knives and 600 subway foot – longs.
It would be smarter still to
throw all that money at things we need to do anyway, which is the goal of Obama’s upcoming American Recovery and Reinvestment plan. It
will include a mix of tax cuts, aid to beleaguered state and local
governments, and spending to address needs ranging from food stamps to
computerized health records to bridge repairs to broadband networks to energy –
efficiency retrofits, all designed to save or create 3 million to 4 million jobs
by the end of 2020. Obama has said speed is his top
priority because the faster Washington injects cash into the financial bloodstrearn, the better it stands to help avert a multiyear
slump with double digit unemployment and deflation. But he also wants to use the
stimulus to advance his long term priorities: reducing energy use and carbon
emissions, cutting middle class taxes, upgrading neglected infrastructure,
reining in health- care costs and eventually reducing the budget deficits that
exploded under George W. Bush. Obama’s goal is
to exploit this crisis in the best sense of the word, to start pursuing his
vision of a greener, fairer, more competitive, more sustainable economy.
Unfortunately, while
21st century Washington has demonstrated an impressive ability to
spend money quickly, it has yet to prove that it can spend money wisely. And the
chum of a 1 with 12 zeros is already creating a feeding frenzy for the
ages. Lobbyists for shoe companies, zoos, catfish farmers, mall owners,
airlines, Public broadcasters, car dealers and everyone else who can afford
their retainers are lining up for a piece of the stimulus. States that embarked
on raucous spending and tax cutting sprees when they were flush are
begging for bailouts now that they are broke. And politicians are dusting off
their unfunded mobster museums, waterslides and other pet projects for rebranding and shovel ready infrastructure investments. As
Obama’s aides scramble something effective and
transformative as well as politically achievable, they acknowledge the tension
between his desires for speed and reform.
Q1. Obama’s upcoming American Recovery and Reinvestment
Plan focuses on which of the
following?
(a).
Recovery of all debts from the debtors in a phased manner.
(b). Pumping money very
liberally in projects that are mandatory.
(c). Investing money recklessly
in any project regardless of its utility.
(1). Only (a)
(2). Only (b)
(3). Only
(c)
(4). Both (b) and (c) (5). All (a), (b) and
(c)
Q2. John Maynard Keynes was
advocate of which of the following
suggestions?
(1). Spending money recklessly
during recessions is suicidal.
(2). Exorbitant spending during
recessions is likely to boost economy.
(3). Aggressive deficit
spending is likely to be fatal for economic meltdown.
(4). Government stimulus to
economy may not help because of red – tapism.
(5). None of these
Q3. Obama desires to accelerate the process of pumping money
with utmost rapidity as he believes that it would
(a).
help create reasonable high employment opportunities.
(b). Avoid
deflation.
(c). Inject cash into the
already troubled economy.
(1). (a) and
(b) (2). (b) and (c) (3). (a) and (c)
(4). All (a),
(b) and (c) (5). None of these
Q4. Which of the following is
TRUE about Keyne’s
philosophy?
(1). Actual spending money
during meltdown is more important than where and on what it is
spent.
(2). Government should be
selective in approach for spending money during recession
(3). Filling old bottles
with banknotes and burying them is an atrocious proposal.
(4). Creating jobs and
prosperity during recessions is almost an impractical
proposal.
(5). None of the
above
Q5.
What according to Keynes, is the “aggregate
demand”?
(1). Goods and services
sector
(2). Stimulation of a short
term activity.
(3). Attempting to rev up
the sluggish economy.
(4). Pumping one trillion
dollars into economy.
(5). None of the
above
Q6.
According to author of the passage, food stamps, bridge repairs etc. are the
projects that
(1). Do not warrant urgent
spending as they have a lower utility value
(2). Need the least
investment and priority as compared to building houses for the needy
(3). May not have any
favorable impact on attempts to counter recession
(4). Have lower value in
terms of returns but require major investments
(5). None of the above
Q7.
The author of the passage calls Barack Obama and his team as “Keynesians” because
(1). Barack Obama has been reluctant to
follow Keynes philosophy
(2). His team is advising
Barack to refrain from Keynes
philosophy
(3). Barack Obama and his team have
decided to fill old bottles with banknotes
(4). Building houses has
been under the active consideration of Barack Obama and his team
(5). None of the above
Q8.
Highways, bridges, ethanol plants, etc. are considered by the author as
(1). reasonably appropriate
propositions to spend money on
(2). Measures that affect
the environment adversely
(3). Imprudent proposals to
waste money on
(4). Tax saving schemes
bestowed on builders
(5). None of the above
Q9.
Which of the following is/are corrective measure(s) as part of the long term
priorities of Obama that was an outcome of his
predecessor’s regime?
(a). countering recession through immediate rescue operations.
(b). reining the budget
deficit
(c). creating a more
sustainable economy
(1). (a) and (b) (2). (b) and (c) (3).
(a) and (c)
(4). Only (b) (5). None of these
Directions (Q 10-12): choose the word which is
most OPPOSITE in meaning of the word
printed in bold as used in the passage.
Q10. Raucous
(1). Strident (2). Harsh
(3). Rough (4). Unprecedented
(5). Soft
Q11. beleaguered
(1). carefree
(2). Harassed
(3). stressful (4). Unevenful
(5). Evaporating
Q12. moribund
(1). Thriving (2). Waning
(3). Rough (4). Pessimistic
(5). Glorifying
Directions (Q 13-15): choose the word which is
most SAME in meaning of the word
printed in bold as used in the passage.
Q13. frenzy
(1). passion
(2). expression
(3). succession (4). Habit
(5). Manifestation
Q14. apocalyptic
(1). Unwelcome (2). Disastrous
(3). Risk- free (4). Joyous
(5). Ceremonious
Q15. resuscitate
(1). Melt down (2). Devastate
(3). Mislead (4). Save
(5). Deactivate
Direction (Q 16-20): In each sentence below one
word has been printed in bold. Below the sentence, five
words are suggested, one of which can replace the word printed in bold, without changing the
meaning of the sentence. Find out the appropriate word in each case.
Q16. She came in utter
disrepute due to her vindictive act.
(1). Revengeful (2). Ungrateful
(3). Unpardonable (4). Uneventful
(5). Derogatory
Q17. His attempts to
equivocate the subject under
discussion were thwarted.
(1). Balance (2). Defend
(3). Mislead (4). Adjust
(5). Reconcile
Q18. He was conceptually
clear about the problem and therefore could provide a pragmatic solution.
(1). Diplomatic
(2). Practical
(3). Tolerable (4). Analytical
(5). Acceptable
Q19. They returned after their ignominious defeat in the foreign country.
(1). Irreversible
(2). Impertinent
(3). Indecisive (4). Impulse
(5). Disgraceful
Q20. The minister’s
clandestine meeting with the opposition
party leader was severely criticized.
(1). Unofficial
(2). Authentic
(3). Periodical (4). Secret
(5). Purposeful
Directions (Q 21-25): rearrangement the following
6 sentences (A), (B), (C), (D), (E) and (F) in the proper sequence to form a
meaningful paragraph. Then answer the questions given below them.
(A). In all verities of humour,
especially the subtle ones it is therefore what the reader thinks which gives
extra meaning to these verses.
(B). but such a verse may
also be enjoyed at the surface level.
(C). nonsense verse in one
of the most sophisticated forms of literature.
(D).This fulfills the
author’s main intention in such a verse which is to give pleasure.
(E). However the reader who
understands the broad implications of the content and allusion finds greater
pleasure.
(F).The reason being it
requires the reader to supply a meaning beyond the surface
meaning.
Q21. Which of the following
is the third sentence?
(1). A (2). B (3). F
(4). C (5).
D
Q22. Which of the following
is the second sentence?
(1). A (2). B (3). F
(4). C (5).
E
Q23. Which of the following
is the fifth sentence?
(1). A (2). E (3). F
(4). C (5).
D
Q24. Which of the following
is the first sentence?
(1). A (2). E (3). F
(4). C (5).
D
Q25. Which of the following
is the last (sixth) sentence?
(1). A (2). E (3). F
(4). C (5).
D
Directions (Q 26-35): In the following passage, there are blanks, each of which has been numbered. These numbers are printed below the passage and against each, five words are suggested, one of which fits the blank appropriately. Find out the appropriate word in each case.
The
US is in the (26) of a cleanup of toxic financial waste that will (27) taxpayers
hundreds of billions of dollars, at the very least. The primary manufactures of
these hazardous products (28) multimillion – dollars paychecks for their
efforts. So why shouldn’t they (29) to pay for their mopup? This is, after all,
What the U.S. congress (30)
in 1980 for (31) of actual toxic waste. Under the superfund law (32) that year,
polluters (33) for the messes they make. Environmental lawyer E. Michael Thomas
sees no (34) lawmakers couldn’t demand the same of financial polluters and (35)
them to ante up some of the bank bailout money.
Q26. (1).
Essence (2). Debate (3).
Range (4). Depth (5). Midst
Q27. (1). Facilitate (2). Save (3). Benefit
(4). Cost
(5). Earn
Q28. (1). Spent (2). Pocketed (3). Donated (4). Demanded (5). Dwindled
Q29. (1). Have (2). Admit (3). Hesitate
(4). Come (5). Defy
Q30. (1). Visualized (2). Declared (3). Refrained (4). Commented (5). admonished
Q31. (1).
Producers (2). Users (3).
Consumers (4). Advocates (5). Exponents
Q32. (1). Abandoned (2). Enacted (3). Revoked (4). Forced (5). Squashed
Q33. (1).
Demand (2). Consider (3). Regain
(4). Claim (5).
Pay
Q34. (1).
Issue (2). Wonder (3). Practice
(4). Reason
(5). Compensation
Q35. (1).
Dupe (2). Follow (3). Force (4). Plead (5). Appeal
Answers
1.
(2) 2. (3) 3. (4) 4. (1) 5. (1) 6. (3) 7. (5)
8. (3) .
(2) 10. (5) 11.
(1) 12. (1) 13.
(1) 14. (2)
15. (4) 16.
(1) 17. (3) 18. (2) 19. (5) 20. (4) 21. (1) 22. (3) 23. (5) 24. (4) 25. (2) 26. (5) 27. (4) 28. (2) 29. (1) 30. (2) 31. (1) 32. (2) 33. (5) 34. (4) 35. (3)
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