(Papers) IBPS Clerk Previous Year Exam Paper "Held on 27-11-2011, 1st Sitting - English Language" (Eastern Zone)
(Papers) IBPS Clerk Previous Year Exam Paper "Held on 27-11-2011, 1st Sitting - English Language" (Eastern Zone)
Directions (51-65) : Read the following passage to answer the given questions based on it. Some words phrases are printed in bold to help you locate them while answering some of the questions.
Political ploys initially hailed as master-strokes often end up as flops. The Rs. 60,000 crore farm loan waiver announced in the budget writes off 100% of overdues of small and marginal farmers holding upto two hectares, and 25% of overdues of larger farmers. While India has enjoyed 8%-9% GDP growth for the past few years. the boom has bypassed many rural areas and farmer distress and suicides have made newspaper headlines. Various attempts to provide relief (employment guarantee scheme, public distribution system) have made little impact. thanks to huge leakages from the government’s lousy delivery systems. So, many economists think the loan waiver is a worthwhile alternative to provide relief.
However the poorest rural folk are landless labourers, who get neither farm loans nor waivers. Half of the small and marginal farmers get no loans from banks and depend entirely on moneylenders, and will not benefit. Besides, rural India is full of the family holdings rather than individual holdings and family holdings will typically be much larger than two hectares even for dirt poor farmers, who will, therefore, be denied the 100% waiver. It will thus fail in both economic and political objectives. IRDP loans to the rural poor in the 1980s demonstrated that crooked bank officials demand bribes amounting to one-third the intended benefits. Very few of the intended beneficiaries who merited relief received it. After the last farm loan waiver will Similarly slow down fresh loans to deserving farmers. While overdues to cooperatives may be higher. Economist Surjit Bhalla says less than 5% of farmer loans to banks are overdue i.e. overdues exist for only 2.25 million out of 90 million farmers. If so, then the 95% who have repaid loans will not benefit. They will be angry at being penalised for honesty.
The budget thus grossly overestimates the number of beneficiaries, It also underestimates the negative effects of the waiver encouraging willful default in the future and discouraging fresh bank lending for some years. Instead of trying to reach the needy, through a plethora of leaky schemes we should transfer cash directly to the needy using new technology like biometric smart cards, which are now being used in many countries, and mobile phones bank accounts. Then benefits can go directly to phone accounts operable only by those with biometric cards, ending the massive leakages of current schemes.
The political benefits of the loan waiver have also been exaggerated since if only a small fraction of farm families benefit, and many of these have to pay bribes to get the actual benefit, will the waiver really be a massive vote- winner? Members of joint families will feel aggrieved that, despite having less than one hectare per head, their family holding is too large to qualify for the 100% waiver. All finance ministers, of central or state governments, give away freebies in their last budgets, hoping to win electoral regards . Yet. four-fifth of all incumbent governments are voted out. This shows that beneficiaries of favours are not notably grateful , while those not so favoured may feel aggrieved, and vote for the opposition. That seems to be why election budgets constantly fail to win elections in India and the loan waiver will not change that pattern.
51. Why do economists feel that loan waivers will benefit farmers in distress?
(1) It will improve the standard of living of those farmers who can afford to repay their loans but are exempted.
(2) Other government relief measures have proved ineffective.
(3) Suicide rates of farmers have declined after the announcement of the waiver.
(4) Farmers will be motivated to increase the size of their family holdings not individual holdings.
(5) The government will be forced to reexamine and improve the public distribution system.
52. What message will the loan waiver send to farmers who have repaid loans?
(1) The Government will readily provide them with loans in the future.
(2) As opposed to money lenders banks are a safer and more reliable source of credit.
(3) Honesty is the best policy.
(4) It is beneficial to take loans from co-operatives since their rates of interest are lower.
(5) They will be angry at being penalised for honesty
53. What is the author’s suggestion to provide aid to farmers?
(1) Families should split their joint holding to take advantage of the loan waiver.
(2) The government should increase the reach of the employment guarantee scheme.
(3) Loans should be disbursed directly into bank accounts of the farmers using the latest technology.
(4) Government should ensure that loans waivers can be implemented over the number of years.
(5) Rural infrastructure can be improved using schemes which were successful abroad.
54. What was the outcome of IRDP loans to the rural poor?
(1) The percentage of bank loan sanctioned to family owned farms increased.
(2) The loans benefited dishonest moneylenders not landless labourers.
(3) Corrupt bank officials were the unintended beneficiaries of the loans.
(4) It resulted in the Government sanctioning thrice the amount for the current loan waiver.
(5) None of these.
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55. What are the terms of the loan waiver?
(A) One-fourth of the overdue loans of landless labourers will be written off.
(B) The Rs. 60.000 crore loan waiver has been sanctioned for 2.25 million marginal farmers.
(C) Any farmer with between 26 percent to 100 per cent of their loan repayments overdue will be penalised.
(1) Only (A)
(2) Only (B)
(3) Both (B)and (C)
(4) All (A), (B) and (C)
(5) None of these
56. What is the author’s view of the loan waiver?
(1) It will have an adverse psychological impact on those who cannot avail of the waiver.
(2) It is a justified measure in view of the high suicide rate among landless labourers.
(3) It makes sound economic and political sense in the existing scenario.
(4) It will ensure that the benefits of India’s high GDP are felt by the rural poor.
(5) None of these
57. Which of the following cannot be said about loan waiver?
(A) Small and marginal farmers will benefit the most.
(B) The loan waiver penalises deserving farmers.
(C) A large percentage i.e. ninety- five per cent of distressed farmers will benefit.
(1) Only (C)
(2) Both (A) and (C)
(3) Only (A)
(4) Both (B) and (C)
(5) None of these
58. Which of the following will definitely be an impact of loan waivers?
(A) Family holdings will be split into individual holdings not exceeding one hectare.
(B) The public distribution system will be revamped.
(C) Opposition will definitely win the election.
(1) None
(2) Only (A)
(3) Both (A) and (B)
(4) Only (C)
(5) All (A), (B) and ( C)
59. What impact will the loan waiver have on banks?
(1) Banks have to bear the entire brunt of the write off.
(2) Loss of trust in banks by big farmers.
(3) Corruption among bank staff will increase.
(4) Farmers will make it a habit to default on loans
(5) None of these
60. According to the author what is the government’s motive in sanctioning the loan waiver?
(1) To encourage farmers to opt for bank loans from moneylenders.
(2) To raise 90 million farmers out of indebtedness.
(3) To provide relief to those marginal farmers who have the means to but have not repaid their loans
(4) To ensure they will be reelected
(5) None of these
Directions (61-63) : Choose the word which is most nearly the SAME in meaning to the word printed in bold as used in the passage.
61. incumbent
(1) mandatory
(2) present
(3) incapable
(4) lazy
(5) officious
62. ploys
(1) surveys
(2) entreaties
(3) ruses
(4) sliders
(5) assurances
63. aggrieved
(1) vindicated
(2) intimidated
(3) offensive
(4) wronged
(5) disputed
Directions (64-65) : Choose the word which is most OPPOSITE in meaning to the word printed in bold as used in the passage.
64. plethora
(1) dearth
(2) missing
(3) superfluous
(4) sufficient
(5) least
65. merited
(1) ranked
(2) unqualified for
(3) lacked
(4) inept at
(5) unworthy of
Directions (66-70) : Which of the phrases (1), (2), (3) and (4) given below should replace the phrase given in bold in the following sentence to make the sentence grammatically meaningful and correct. If the sentence is correct as it is and ‘No correction is required’, mark (5) as the answer.
66. He behaved though it was his fault. but we knew he’ was not responsible for it.
(1) even though it was
(2) though it was not
(3) as if it was
(4) despite it was not
(5) No correction required
67. She never felt that it was not of her business to get involved in somebody else’s family matter.
(1) were not of her business
(2) was none of her business
(3) was of not her business
(4) was not of her businesses
(5) No correction required
68. Being born in a certain family is not in our control.
(1) Be born
(2) Taking born
(3) By birth
(4) Being borned
(5) No correction required
69. I was taken back by his sudden comment on this issue.
(1) would be taken back by
(2) was taken backwards by
(3) was taken back for
(4) was taken aback by
(5) No correction required
70. In a matter of seconds. we come to know of what is happening anywhere in the world.
(1) came to know of
(2) come to be known of
(3) come to know off
(4) are coming to know of
(5) No correction required
Directions (71-75) : In each of these questions. two sentences (I) and (II) are given. Each sentence has a blank in it. Five words (1), (2), (3), (4) and (5) are suggested. Out of these. only one fits at both the places in the context of each sentence. Number of that word is the answer.
71. I. He is_______with whatever little he has.
II. They kept the_______of the communication a secret.
(1) happy
(2) matter
(3) gist
(4) content
(5) sense
72. I. It is hard to believe the_______of operations involved in this activity.
II. The map is drawn to a ____of 1 inch to 50 km.
(1) magnitude
(2) size
(3) scale
(4) proportion
(5) significance
73. I. Heavy snow did______the rescue efforts.
II. The food was kept in a _______ .
(1) delay
(2) bundle
(3) basket
(4) hamper
(5) holder
74. I. They left ______ after breakfast.
II. It is difficult to find a_____person for this job.
(1) right
(2) immediately
(3) suitable
(4) best
(5) soon
75. I. He would always do______was told by his superios.
II. He appeared on stage______a narrator of the drama.
(l) as
(2) what
(3) about
(4) whatever
(5) always
Directions (76-80): In each question below a sentence with four words printed in bold type is given. These are numbered as (l), (2), (3) and (4). One of these four words printed in bold may be either wrongly spelt or inappropriate in the context of the sentence. Find out the word, which is wrongly spelt or inappropriate. if any. The number of that word is you’re answer. If all the words printed in bold are correctly spelt and also appropriate in the context of the sentence. Mark (5) i.e. ‘All Correct’ as your answer.
76. In our daily life. we frequancly (1)/ observe (2)/ how disruptive (3)/ innovations (4)/are wiping out businesses. All correct (5)
77. We decided (1)/ to look after (2)/ the mistake (3)/ by just ignoring (4)/ it. All correct (5)
78. The accommodation, (1)/ though (2)/ was in a good locality (3)/ the construction (4)/ work was not good. All correct (5)
79. Despite (l)/ the obviously (2)/ advantages, (3)/ is it really worth-while (4)/ to invest in the device? All correct (5)
80. We also gained (l)/ ample (2)/ experience (3)/in the banking sector. (4)/ All correct (5)
Directions (81-90) : Read each sentence to find out whether there is any grammatical mistake/error in it. The error if any, will be in one part of the sentence. Mark the number of the part with error as your answer. If there is no error, mark (5).
81. To run a company effectively (1)/ it is very important (2)/ in knowing the strengths and weaknesses (3)/ of the employees.(4)/ No error (5)
82. The land records (1)/ of this district (2)/ will computerise (3)/ by next year. (4)/ No error (5).
83. The Head Office has (1)/ issued instructions that (2)/ the performance of all Zonal Managers (3)/have to assess by a committee(4)/ No error (5)
84. She has promised to (1)/ donate the funds to (2)/ establish a library in many (3)/ villages in India.(4)/ No error (5)
85. We have already (1)/ submitted our application (2)/ and expect to receive (3)/ our license in thirty days. (4)/ No error (5)
86. In order to claim (1)/ any tax benefit you (2)/ have to submit the Fixed Deposit Receipt (3)/ issued from the Bank.(4)/ No error (5)
87. During I was in (1)/ college I preferred (2)/ eating out to (3)/ the simple food in the hostel.(4)/ No error (5)
88. Banks which do not (1)/ meet its priority sector (2)/ targets are required to (3)/ pay high penalties. (4)/ No error (5)
89. This year a large number of frauds (1)/ have been prevented by (2)/ alert clerical staff who insisted (3)/ that customers provide valid identity proof.(4)/ No error (5)
90. As the price of (1)/ gold is higher (2)/ you should keep (3)/ your jewellery in a locker. (4)/ No error (5)
Directions (91-100) : 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 cases.
In the 1980sJapan was regarded as a highly developed country.
However in recent years, Japan’s growth has (91) and the recent earthquake and tsunami have (92) devastated the country. As their nation (93) to cope with the disaster, its youth are (94) to meet the challenges. Many young Japanese have become (95) not only contributing essential items and money. (96) also co-ordinating rescue efforts. Few people (97) that Japan’s young people would bring about its (98) after all nearly one in ten youth were unemployed. many (99) only part-time and young people were only supposed to have (100) on their minds.
Often it takes a huge crisis to make a society change to achieve its potential.
91. (1) stop
(2) decrease
(3) drop
(4) declined
(5) fell
92. (1) too
(2) also
(3) not
(4) caused
(5) complete
93. (1) competes
(2) efforts
(3) need
(4) struggling
(5) tries
94. (1) together
(2) started
(3) rising
(4) co-operative
(5) failing
95. (1) knowledgeable
(2) heroes
(3) volunteer
(4) jobless
(5) powerful
96. (1) without
(2) even
(3) instead
(4) but
(5) besides
97. (1) thought
(2) dream
(3) realise
(4) know
(5) perceived
98. (1) changes
(2) downfall
(3) renewal
(4) reforms
(5) independence
99. (1) worked
(2) earnings
(3) employee
(4) wages
(5) hire
100. (1) business
(2) troubles
(3) fun
(4) responsibility
(5) worry
