Monday, 10 July 2017

Whats-App Discussion SBI/IBPS PO English Discussion 10/7/2017(Monday)

Q1: In following paragraph there is one blank space. Below each sentence has been denoted by numbers (1), (2), (3), (4) and (5). Find out which sentence can be filled up in the blank to make the paragraph meaningfully complete.

A signature campaign to save trees in and around the city was launched by Treewalk, a forum of environmentalists. The campaign, titled Signature Tree, was organized under four trees around the state Secretariat. Though these trees have escaped the axe several times, they are back in the hit list now. The activists selected a three-decade-old banyan tree as ‘Signature Tree’, ——————————

(1) The corporation have felled 10000 trees in the city for constructing concrete jungles
(2) The group had arranged a signature campaign to their protest against the pollution 
(3) They are going on destroying the nature and beauty of the city.
(4) More than 300 signatures were collected on the first day
(5) Which has been providing taxi drivers and hawkers respite from the sun.

Answer: (5) Which has been providing taxi drivers and hawkers respite from the sun.

Explanation: A signature campaign to save trees in and around the city was launched by Treewalk, a forum of environmentalists. The campaign, titled Signature Tree, was organized under four trees around the state Secretariat. Though these trees have escaped the axe several times, they are back in the hit list now. The activists selected a three-decade-old banyan tree as ‘Signature Tree’, *Which has been providing taxi drivers and hawkers respite from the sun.*

After carefully reading all the options, we can say that only option number 5th is appropriate because this option is continuing the paragraph and here in the blank something about 'Signature Tree' was required to be mentioned which is mentioned in 5th option: "Which has been providing taxi drivers and hawkers respite from the sun." 




Q2:  Fill in the blanks: 

The question below has two blanks, each blank is indicating that something has been omitted. Choose the set of words for each blank which best fits the meaning of the sentence as a whole: 

The water transport project on the west coast is ____ to get a shot in the arm with a new plan in which the Road Development Corporation will build the infrastructure and ____ a private party to operate the service.

(1) scheduled, let  
(2) verge, permit   
(3) set, sanctions
(4) slated, allow  
(5) bound, task

Answer: (4) slated, allow 

Explanation: 

The water transport project on the west coast is *slated* to get a shot in the arm with a new plan in which the Road Development Corporation will build the infrastructure and *allow* a private party to operate the service.

Slate means *criticise severely.*

Also, Please note... Verge means be very close or similar to.




Q3: Fill in the blanks given in each question with appropriate and most suitable option:

In fact, the new administration should____ and focus on a few such areas where it can _____results, rather than ______ more than it can chew.
A) determine , provide , eating down
B) identify , deliver , biting off
C) recognize , yield , munching
D) discover , abort , eat


Answer: B) identify , deliver , biting off

Explanation:

In fact, the new administration should *identify* and focus on a few such areas where it can *deliver* results, rather than *biting off* more than it can chew.

Please note:

"bite off more than you can chew" is an idiom meaning to try to do something that is too difficult for you.





Q4: From the paragraph, last sentence has been deleted. From the given options, choose the one that completes the paragraph in the most appropriate way: 


Mr Modi would face more constraints, and enjoy fewer direct powers, as prime minister of India than he does as chief minister of Gujarat. It is unclear whether he would be good at holding together a coalition (which any BJP-led government would surely be), delegating to others, negotiating on legislation or responding to crises as they arise. But the record from Gujarat suggests he thinks hard about policy, has clear ideas of how he would promote higher economic growth and social development and would prefer to bolster overall wealth creation than promote social welfare schemes. If economics alone mattered, Mr Modi’s achievements in Gujarat suggest he is the man best placed to get India moving again. The problem is that political leaders are responsible for more.

Options: 

(a) For all his crowds of supporters, his failures in 2002, and his refusal since to atone for them leave him a badly compromised candidate with much left to do.
(b) Mr. Modi is a political leader like none other and is sure to become India’s next Prime Minister, come May 2014.
(c) And Mr. Modi has chalked out the solution to this problem, in the form of higher economic growth and social development.
(d) Surely, a Chief Minister for a Third Term can be called a political leader, isn’t it?
(e) None of these

Answer: (a) For all his crowds of supporters, his failures in 2002, and his refusal since to atone for them leave him a badly compromised candidate with much left to do.

Explanation: 

Mr Modi would face more constraints, and enjoy fewer direct powers, as prime minister of India than he does as chief minister of Gujarat. It is unclear whether he would be good at holding together a coalition (which any BJP-led government would surely be), delegating to others, negotiating on legislation or responding to crises as they arise. But the record from Gujarat suggests he thinks hard about policy, has clear ideas of how he would promote higher economic growth and social development and would prefer to bolster overall wealth creation than promote social welfare schemes. If economics alone mattered, Mr Modi’s achievements in Gujarat suggest he is the man best placed to get India moving again. The problem is that political leaders are responsible for more. *For all his crowds of supporters, his failures in 2002, and his refusal since to atone for them leave him a badly compromised candidate with much left to do.*

Clearly, the mood of the passage is a balanced approach and sceptical view about Modi because of which option number 'a' is appropriate. 


Please note: 

Atone for means to do something that shows that you are sorry for something bad that you did





Q5: Comprehension: 


Does India need a new law for consumer protection in finance? One lesson from the global financial crisis is that unsuitable housing loans sold to poor, uneducated consumers could pull down the world’s financial system. Very few people would have believed that sub-prime loans, which constituted a very small part of housing loans and that too only in one country, could trigger a crisis that led to banks failing, money markets crashing, governments falling, countries going bankrupt, millions becoming unemployed and the GDP of many nations going down. This is not to argue that the sale of unsuitable housing loans was the only regulatory failure that led to the global crisis, but an important lesson is that a regulatory system that does not prevent the sale of unsuitable financial products to consumers could be putting the financial system and the entire economy at risk. Not only is consumer protection an important end in itself, if it lies at the heart of financial regulation, bad practices that result in the failure of firms and markets can be checked.

Today in India, there is very little reference to consumer protection in primary legislation in the financial sector. Not surprisingly, none of the financial laws on which regulation is based, and which were written long before there was clear thinking about the need for consumer protection, provides consumers with basic rights or protections. Nor do they give regulators a specific set of relevant powers to pursue the objective of consumer protection. It is not treated as a core pillar of financial regulation. Many countries are rewriting laws to bring this perspective into financial sector regulation.


Some regulators have issued regulations based on the general rule-making powers given to them in their respective laws. For example, SEBI issued Disclosure and Investor Protection Guidelines in 2000. Various guidelines have been issued by the RBI and IRDA to protect consumers in banking and insurance. However, consumer protection regulation remains weak and varies across different sectors and services.

Q: Why in Indian financial laws ,there is little emphasis on consumer protection?



(1) The companies functioning in the financial market do not let laws be made to check their operations.
(2) People who made laws were not aware of the need for consumer protection 
(3) One should have absolute freedom to take financial decisions and the constitution does not intervene in that
(4) Consumers are educated enough to protect their own interests 
(5) Not mentioned in the passage

Answer: 
(2) People who made laws were not aware of the need for consumer protection

Explanation: 

In Indian financial laws ,there is little emphasis on consumer protection because people who made laws were not aware of the need for consumer protection. 

Please read the lines: 
Not surprisingly, none of the financial laws on which regulation is based, and which were written long *before there was clear thinking about* the need for consumer protection,
By reading the above lines, it's clear that People who made laws were not aware of the need for consumer protection (at that time when laws were written.) 




Q6:   Rearrange the following six sentences (A), (B), (C), (D), (E) and (F) in the proper sequences to form meaningful paragraph:

A.   Towards this, the IRDA has prescribed minimum
educational qualifications at the point of entry and practical training followed by an examination.
B.   Agents and corporate agents are key distribution channels to any insurer.
C.   It has also encouraged the Insurance Institute of India to conduct qualifying examination for the agents and to bring out books and training material in various vernacular languages.
D.   Development of these agencies must be on the best professional lines.
E.   IRDA has also lowered the required minimum educational qualification for rural agents to pass in the tenth standard examination.
F.    To aid the growth of insurance selling in rural and non-urban centres, compulsory targets which individual insurers are required to fulfill have been prescribed
  

Answer: BDAFEC

The correct rearrangement is: 

B.   Agents and corporate agents are key distribution channels to any insurer.
D.   Development of these agencies must be on the best professional lines.
A.   Towards this, the IRDA has prescribed minimum
educational qualifications at the point of entry and practical training followed by an examination.
F.    To aid the growth of insurance selling in rural and non-urban centres, compulsory targets which individual insurers are required to fulfil have been prescribed
E.   IRDA has also lowered the required minimum educational qualification for rural agents to pass in the tenth standard examination.
C.  It has also encouraged the Insurance Institute of India to conduct qualifying examination for the agents and to bring out books and training material in various vernacular languages.





Q7: In the following question there are sentences that form a paragraph. Identify the sentence(s) or part(s) of sentence(s) that is/are correct in terms of grammar and usage (including spelling, punctuation and logical consistency). Then, choose the most appropriate option.

a) Corrupt politicians loot the exchequer, sells patronage 
b) and extort money in the name of mobilising funds for political activity,
c) pocket the large slice of the collection and pass on the rest
d) to the party and the workers he employ.
A) b) and c)   
B) b) and d) 
C) a) and b
D) All are correct .
E) All are wrong except b) 

Answer: E) All are wrong except b) 

Explanation: 

Correct: 

a) Corrupt politicians loot the exchequer, *sell* patronage. 
(sell should come, not sells) 
(Also, Patronage means: the power to control appointments to office or the right to privileges.)

b) and extort money in the name of mobilising funds for political activity,
(Extort means: obtain (something) by force, threats, or other unfair means.) 

c) pocket *a* large slice of the collection and pass on the rest
("a large" will come, not "the large")

d) to the party and the workers he employ.
("they employ" will come, not "he employ") 

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