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(Paper) SBI Clerk Exam Paper - 2018 (English Language)
(Paper) SBI Clerk Exam Paper - 2018
::ENGLISH LANGUAGE::
Direction (1-7): Read the given passage carefully and answer the questions that follow. Certain words are printed in bold to help you locate them while answering some of these.
The first and most important step to effective financial planning is developing and implementing a budget. That, of course, sounds easy and even simplistic. But it’s more difficult than it seems. Budgeting simply means to live within one’s financial means. You have a limited amount of money to spend each month, so you need to separate your needs from your wants. Your “needs” usually include housing, utilities, food and clothing, medical facilities the things you can’t live without. Once your needs are taken care of, any remaining money can go to unnecessary wants those items that are nice to have, but not required to live. They usually include things like cable TV, Internet service, restaurant meals, cell phones with many features, etc. You need to be careful not to confuse wants and needs. A very common reason people get into serious debt is by failing to live within their means. They use credit to supplement their wants, but eventually this will cause financial trouble. Like our family budget, the nation’s General Budget has two major parts: Revenue and Expenditure. Assessing the revenues from different central taxes is the primary function of the Department of Revenue and the expenditure estimates for the current and the next year for various expenditure heads are assessed by the Department of Expenditure. The Department of Expenditure also assesses the resources of the publicsector undertakings (PSUs). The Budget division is a part of the Department of Economic Affairs. The Finance Secretary coordinates the overall Budget-making process. All of them keep the finance minister informed and seek directions from time to time. The Chief Economic Advisor aids the concerned departmental officer in this process. Leaving aside the tax receipts, the other sources of the revenue which go into the Budget are the dividends paid by the PSUs on the government shareholdings, including the interim dividends and the capital receipts on account of the divestment of the government share holdings. Besides external receipts on account borrowing from international agencies like World Bank, ADB, etc, are also estimated and included in the assessment of the gross budgetary resources of various programmes under various ministries. For the expenditure side, various ministries providing initial estimates of plan and non-plan expenditures. The ministries discuss the plan expenditures with the Planning Commission. The Planning commission allocates resources for continuing plan programme. After the estimation of income and expenditure of the government the concept revenue deficit is brought into focus to discuss as it cause of major concern to the Government of India. Revenue deficit indicates the excess of expenditure over receipts in the revenue budget of the government. Revenue deficit means the government is not able to finance its day to day expenses or what we call the current expenditure out of its normal revenue sources like taxes. In India, the central government’s budget had a surplus until 1977. But in 1978 budget, revenue deficit appeared for the first time. Since then there is revenue deficit in all years and the government is borrowing to finance the revenue deficit. Borrowing this year to finance revenue deficit will create interest payments in future (which is revenue expenditure). Increasing borrowing – interest payments – revenue deficit- borrowing explains the vicious circle of debt for the government. In this way, interest payment became the largest expenditure item for the government A high revenue deficit gives a warning signal to the government to either curtail its expenditure or increase its revenue. The government missing its fiscal deficit target for the year means that either the revenue it collected fell short of projections, or that its expenditure was higher than planned. On the other hand, it can be said that the revenue deficit can be controlled by government by reducing its expenditure and by increasing it receipts from the various sources of tax. Data for the first eight months of 2017-18 show that the government’s revenue deficit has widened at an alarming pace. Revenue deficit is the gap between the government’s revenue expenditure and revenue receipts. While revenue expenditure increased in AprilNovember 2017 by over 13 per cent over the same period of 2016, the government’s revenue receipts increased by less than 2 per cent. Source: https://www.greenpath.com
1. Which of the following is the source of the revenue which goes into the Budget?
A. Tax Receipt
B. Capital receipts on account of the divestment of the government share holdings
C. Dividends paid by the PSUs on the government shareholdings
D. Interim dividends paid by the PSUs on the government shareholdings
E. All of these
2. Which of the following are the functions of Department of Expenditure?
1) Assessing the revenues from different central taxes
2) Assessment of expenditure estimates for the current and the next year for various expenditure heads.
3) Assessing the resources of the publicsector undertakings
A. Only 1
B. Only 2
C. Only 1 and 3
D. Only 2 and 3
E. All of these
3. What does the term Revenue Deficit mean?
A. The government fails to take care of its daily expenses through the revenue sources like taxes.
B. The government runs out of finance and has to borrow from agencies like World Bank, ADB, etc.
C. The government faces a state of cash crunch through which it is not able to maintain sufficient currency flow in the financial market.
D. The government imposes unjustified amount of taxes on the people to overcome its financial crises.
E. None of these
4. What according to the passage do people do to fulfil their wants after they run out of their budget?
A. People trend to confuse between needs and wants and end up converting their needs into wants.
B. People work hard to and try to earn more to fulfil their wants which becomes their need
C. People take credits to fulfil their wants and end up in troublesome debts.
D. People try to cut down on their needs as there they are not left with sufficient money.
E. People borrow money from financial institutions at low rate of interests.
5. How did the year 1978 become a benchmark with respect to Central Government’s budget?
A. The budget in this year accounted for an extraordinary surplus that had never existed in the history of India.
B. The financial budget in this year was not presented.
C. India saw a revenue deficit for the first time in this year and from this year and after this the revenue deficit occurred in all years.
D. The budget in this year was challenged by the opposition parties as the government borrowed to finance the revenue deficit.
E. The budget in this year was unique as it witnessed a balanced revenue surplus.
6. Which of the following is the MOST SIMILAR in meaning to the given word? Aids
A. Amplifies
B. Assists
C. Expands
D. Borrows
E. Discriminates
7. Which of the following is the MOST OPPOSITE in meaning to the given word? Interim
A. Medieval
B. Tentative
C. Interval
D. Permanent
E. Unstable
8. Direction: Read the sentence to find out whether there is any error in it. The error, if any, will be in one part of the sentence. If the given sentence is correct as it is, the answer is ‘No error’. Ignore the errors of punctuation, if any. The ruling party stood/ for implementation of the bill/ and was ready to/ stake their political existence.
A. The ruling party stood
B. For implementation of the bill
C. And was ready to
D. Stake their political existence
E. No Error
9. Direction: Read the sentence to find out whether there is any error in it. The error, if any, will be in one part of the sentence. If the given sentence is correct as it is, the answer is ‘No error’. Ignore the errors of punctuation, if any. Delegation is the transfer of/ authority through superior to subordinate/ at different levels/ in an organized sector.
A. Delegation is the transfer of
B. Authority through superior to subordinate
C. At different levels
D. In an organized sector
E. No error
10. Direction: Read the sentence to find out whether there is any error in it. The error, if any, will be in one part of the sentence. If the given sentence is correct as it is, the answer is ‘No error’. Ignore the errors of punctuation, if any. It must be noted that/ decentralization should be applied/ along with caution as it can/ lead to organizational disintegration.
A. It must be noted that
B. Decentralization should be applied
C. Along with caution as it can
D. Lead to organizational disintegration
E. No error
11. Direction: Read the sentence to find out whether there is any error in it. The error, if any, will be in one part of the sentence. If the given sentence is correct as it is, the answer is ‘No error’. Ignore the errors of punctuation, if any. Sometimes, when you are used to/ see a player in the commentary/ box over a long period, you tend to/ forget what a great player he was.
A. Sometimes, when you are used to
B. See a player in the commentary
C. Box over a long period, you tend to
D. Forget what a great player he was
E. No error
12. Direction: Read the sentence to find out whether there is any error in it. The error, if any, will be in one part of the sentence. If the given sentence is correct as it is, the answer is ‘No error’. Ignore the errors of punctuation, if any. There is no one/ I have met or heard of/ whom I can consider knowledgeable/ than my English teacher.
A. There is no one
B. I have met or heard of
C. Whom I can consider knowledgeable
D. Than my English teacher
E. No error
13. Direction: Read the sentence to find out whether there is any error in it. The error, if any, will be in one part of the sentence. The number corresponding to\ that part will be your answer. If the given sentence is correct as it is, mark the answer as No error. Ignore the errors of punctuation if any. The teacher instructed the students (A)/ to have a thoroughly reading (B)/ of each chapter (C)/ mentioned in the syllabus. (D)
A. 1
B. 2
C. 3
D. 4
E. No error
14. Direction: Read the sentence to find out whether there is any error in it. The error, if any, will be in one part of the sentence. If the given sentence is correct as it is, the answer is ‘No error’. Ignore the errors of punctuation, if any. The shortest boy of the school/ didn't hesitate to join/ the basketball team which/ was full of tall boys.
A. The shortest boy of the school
B. didn't hesitate to join
C. the basketball team which
D. was full of tall boys
E. No error
15. Direction: Read the sentence to find out whether there is any error in it. The error, if any, will be in one part of the sentence. If the given sentence is correct as it is, the answer is ‘No error’. Ignore the errors of punctuation, if any. In such delicate matters,/ we often take/ his advice as he has/ been effectively handling such cases for a decade.
A. In such delicate matters,
B. We often take
C. His advice as he has
D. Been effectively handling such cases for a decade
E. No error
16. Direction: A sentence with one blank is given, indicating that something has been omitted. Choose the word that best fits the blank appropriately. As the festival approaches, the number of customers _________
A. Will have increased
B. Has increasing
C. Will be increased
D. Increases
E. Increased
17. Direction: A sentence with one blank is given, indicating that something has been omitted. Choose the word that best fits the blank appropriately. You will have to undergo a _______ of tests before the interview.
A. Large
B. Series
C. Design
D. Booklet
E. Delegation
18. Direction: In the given question, a statement with a single blank is given. Choose the most effective word from the given options to complete the sentence meaningfully. One has to be very _______ during the monsoons as the road becomes slippery.
A. Smart
B. Cautious
C. Presentable
D. Prepared
E. Healthy
19. Direction: A sentence with one blank is given, indicating that something has been omitted. Choose the word that best fits the blank appropriately. The judge used his ___ in settling the matter.
A. Know
B. Tactics
C. Discretion
D. Brains
E. Bias
20. Direction: A sentence with one blank is given, indicating that something has been omitted. Choose the word that best fits the blank appropriately. The Board members could not arrive at a _______ regarding the employee.
A. Judgement
B. Progress
C. Policy
D. Dissent
E. Action
21. Direction: In the given question, a statement divided into different segments is given. The first segment is fixed, rearrange the other segments to form a coherent statement. It was hard for the Afghans/ leading to the subtle plummeting of the morale (P)/ to withstand the wave after wave of enemy attacks (Q)/ their plight further worsened the situation (R)/ and the indifference of the allies towards (S)
A. QSRP
B. PQRS
C. RQPS
D. SRPQ
E. RQSP
22. Direction: In the given question, a statement divided into different segments is given. The first segment is fixed, rearrange the other segments to form a coherent statement. The federation was keen on maintaining an/ exclusive membership profile and thus introduced (P)/ segregational policies adopted by premier organizations (Q)/ an inviteonly policy for the new entrants (R)/ causing a sudden outcry against the (S)
A. PRSQ
B. SRPQ
C. PQRS
D. QSRP
E. SQRP
23. Direction: In the given question, a statement divided into different segments is given. The first segment is fixed, rearrange the other segments to form a coherent statement. Introduction of the finance bill was delayed/ budget allocation for the cottage (P)/ debating over the renewal of the last year's (Q)/ by a week as the lawmakers were busy (R)/ industry which got wasted (S)
A. PQRS
B. SPQR
C. RQPS
D. QRPS
E. RSQP
24. Direction: In the given question, a statement divided into different segments is given. The first segment is fixed, rearrange the other segments to form a coherent statement. As the files were being arranged/ been lost for several decades now (P)/ which were believed to have (Q)/ into a stack, the butler cam (R)/ across information about several of the family heirlooms (S)
A. RSQP
B. PQRS
C. SRQP
D. QSRP
E. SPQR
25. Direction: In the given question, a statement divided into different segments is given. The first segment is fixed, rearrange the other segments to form a coherent statement. The dissolution of the assembly/ in the state which was (P)/ was followed by a prolonged (Q)/ already marred with political instability (R)/ tug of war for seizing the power (S)
A. RSPQ
B. QSRP
C. PSRQ
D. PRQS
E. PQRS
26. Direction: In the given question, an idiom/phrase highlighted in bold is given in a sentence. Choose the most suitable meaning of the idiom/phrase. You must not waste your leisure time doing nothing, rather you should engage yourself in such activities that will blow off steam and recharge you for the future endeavours.
A. Release surplus energy
B. Take steam bath
C. To make someone fidgety
D. To exercise the brain
E. To cause distress
27. Direction: In the given question, an idiom/phrase highlighted in bold is given in a sentence. Choose the most suitable meaning of the idiom/phrase. I hope you pardon my French that I used during the serious and intense discussion we were having yesterday.
A. Excuse my use of incorrect French
B. Excuse my inappropriate language
C. Excuse my untidiness
D. Excuse my behaviour
E. Excuse my tardiness
28. Direction: In the given question, an idiom/phrase highlighted in bold is given in a sentence. Choose the most suitable meaning of the idiom/phrase. The teacher looked over my homework and found it very well put together.
A. Watched
B. Pioneered
C. Suspected
D. Belittleed
E. Examined
29. Direction: In the given question, an idiom/phrase highlighted in bold is given in a sentence. Choose the most suitable meaning of the idiom/phrase. I heard it on the grapevine that the vacancies are going to be increased this year for many posts.
A. To hear some official news about something
B. To inform people about something
C. To acquire information by unofficial communication
D. To be sure of something
E. To deny a fact
30. Direction: In the given question, an idiom/phrase highlighted in bold is given in a sentence. Choose the most suitable meaning of the idiom/phrase. The prisoners broke out of jail when the guards weren’t looking.
A. Raised
B. Surrenderd
C. Escaped
D. Perpetuated
E. Considered
