Directions (1 – 2): In
the question given below, a short paragraph is given, whose three/four
sentences are highlighted in bold. From the given answer choices, choose the
option that represents the correct combination of sentences that are
contextually incorrect.
1.
Exactly how Quantitative Easing worked—and hence the effects of unwinding it -
remains a little mysterious. The consensus, however, is that asset purchases
brought down long-term interest rates. (I) The first
programme, which began in 2009, had the biggest impact. Fed economists
recently estimated that, combined, all the programmes lowered the ten-year
Treasury yield by one percentage point. (II)So as the balance-sheet
shrinks, this effect might be expected to go into reverse and interest rates to
rise. But there are reasons to doubt this. Economists have speculated
that some or even all of QE’s potency came from its influence on traders’
expectations for short-term rates. For example, when markets threw their
so-called “taper tantrum” in mid-2013, after then-chairman Ben Bernanke said
that asset purchases would be reduced, they were agitated in part by the
prospect of faster interest-rate rises. (III) Even if the Fed hits its
redemption cap every month, it would take eight years to offload all its
mortgage-backed securities. This time, however, there is little scope
for the markets to change their assumptions about the path of rates.
a) Only II
b) Only III
c) Only II and III
d) All are incorrect
e) All are correct
2.
Here is the deal. You can buy an entry in a computer ledger issued by a startup
company on the basis of an unregulated prospectus. It is called an “initial
coin offering” or ICO. (I) In some cases, the “coins” can be exchanged
for services on the site. But though the ledger entry is called a
coin, you cannot spend it in any shop. And whereas the use of the term ICO
makes it sound like an IPO (initial public offering), the process whereby a
firm lists on a stockmarket, coin ownership does not necessarily get you equity
in the company concerned. This sounds like the kind of bargain that would
appeal only to people who reply to e-mails from Nigerian princes offering to
transfer millions to their accounts. (II) But ICOs may well be the most
popular investment craze since the dotcom boom of 1999-2000. The list
of active, upcoming and recent ICOs on the website “ICO alert” covers 31 pages
of A4 paper and includes around 600 companies. More than $2bn has been raised
in total. The technology that underpins digital currencies—the blockchain—is an
important development. This is a secure, decentralised ledger that everyone can
inspect but that no single user controls. (III) In plenty
of cases, an ICO is just a way of raising capital without all the hassle of
meeting regulatory requirements, or the burden of paying interest to a bank. Many
ICOs are designed to finance applications that will make use of the
blockchain—for trading currencies, lending money or searching for jobs.
a) Only I and III
b) Only II and III
c) Only I and II
d) All are incorrect
e) None are incorrect
Directions (3 – 4): In
the questions given below, a part of the sentence is given. You are provided
with the answer choices that complete the given sentence. Choose the option that
is grammatically and contextually correct, and lends meaning to the sentence.
3. If
group companies hold stakes in one another,
I.
the investment will remain stuck for a long time and cannot be used to grow the
core business.
II. It keeps promoter holding at higher levels so as to thwart any predatory
takeover moves.
III. it will help companies unlock a lot of value and more importantly allows
investors to choose where they want to invest.
a) Only I
b) Only III
c) Only I and II
d) Only II and III
e) All of the above
4. She had barely any money for food, let alone for medical
treatment.
I.
She had very little money for food as she had spent it mostly on medical
treatment.
II.
She had spent most of the money on medical treatment alone and had very little
left for food.
III. She had very less money for food not to mention for medical treatment.
a) Only I and II
b) Only III
c) Only II and III
d) Only I and III
e) None of the above
Directions (5 – 7): In
each of the given questions, three sentences are given with a phrase/idiom
highlighted in bold. You have to select the answer choice that states the
statement or combination of statements in which the idiom has been correctly
used.
5. I. The life where one can fulfill one’s responsibilities is not the
life for the birds.
II. Its not always good to have tongue in the cheek all the
time.
III. Padma Vibhushan awardee, Professor Yashpal bought the farm at
his residence in Noida.
a) Only II and III
b) Only I and III
c) Only II
d) Only III
e) All of the above
6. I. Danny’s family screamed loudly to break a leg right before
he went up on the stage.
II. After the riots in the countryside, both the parties extended the
olive branch in the farm.
III. Numerous road accodents have resulted many people in stitches.
a) Only II
b) Only I and III
c) Only I and II
d) Only II and III
e) All of the above
7. I. The autobiography of Karan Johar has divulged skeleton in
the closet.
II. After he was cut by the team, he turned over a new
leaf and quibbled to the authorities.
III. I have done the research literature into Human Behavior and
training in psychology so I can not be in a position to sit on the
fence.
a) Only I and II
b) Only II and III
c) Only III
d) Only I
e) All of the above
Directions (8 – 10): In the question given below, there are
two statements, with each statement consisting of two blanks. You have to
choose the option which provides the correct set of words that fits both the
blanks and makes them meaningful and grammatically correct.
8. I. Giving _______ to these plans, a
growing number of countries are announcing plans to ban new diesel and petrol
cars, which is really _______ to safeguard natural resources.
II. Conflict in Syria was the _______ for several
_______ documentaries this year, including “Last Men in Aleppo” and “Hell on
Earth: The fall of Syria and the rise of ISIS.
a) thrive, necessary
b) impetus, important
c) inspiration, famous
d) pace, significant
e) attention, essential
9. I. Some dishes ________ memories of good times and so are tagged as
_________ comfort foods due to the emotional connection we have with them.
II.
Few pastimes _______ the level of spirit and fervor as Star Wars and golf,
although, admittedly, the Venn Diagram of shared relations between the two
is________ small.
a) censure, absolutely
b) pull, comparatively
c) hold, completely
d) possess, definitely
e) conjure, relatively
10. I. The Police Department, like other police agencies, signed a
nondisclosure agreement regarding the criminals ________ in heinous crimes
which makes many responsible faces of the authority, agreeing not to ________
any details about them.
II.
President Trump, who has ________ in conspiracy theories himself, has expressed
great interest in ensuring that the government finally ________ virtually
everything it has kept out of the public eye for more than a half-century.
a) trapped, hide
b) involved, camouflage
c) dabbled, divulge
d) preclude, disguise
e) excluded, reveal
