Everything From A Single Para | English Aptitude Test

These Questions Completely based on Single “The Hindu” Editorial. The purpose to start this is to make you read the same paragraph again and again to understand the different types of questions like comprehension, cloze test, sentence arrangement, sentence improvement, vocab, antonyms, synonyms, fillers (all based on single paragraph) etc. Reading this paragraph while practicing these questions will help you understand. 

The Hindu : 24 August 2019

New norms: On regulations for foreign investors

SEBI’s liberalised norms for FPIs will make Indian markets attractive to foreign investors
Foreign investors who have been fleeing the country since the Union budget presented early last month have something to cheer about finally. On Wednesday, the Securities and Exchange Board of India (SEBI), based on the recommendations of the H.R. Khan committee, eased several regulatory restrictions that are likely to make life easier for foreign portfolio investors (FPIs). Among a slew of measures, the financial markets regulator has simplified the registration process for FPIs by doing away with the broad-based eligibility criteria, which required a minimum of at least 20 investors in a foreign fund, and certain documentary requirements. FPIs can now also engage in the off-market sale of their shares with fewer restrictions. Further, SEBI has allowed entities registered at an international financial services centre to be automatically classified as FPIs. This might help foreign investors bypass some of the restrictions. Mutual funds with offshore funds too can invest in India as FPIs to avail certain tax benefits now. Central banks that are not members of the Bank of International Settlements are also allowed to register as FPIs and invest in the country under the new norms. Smart cities, along with other urban development agencies, will now be allowed to issue municipal bonds to raise funds for development. These measures to cut red tape will help lower the regulatory burden on investors, globalise India’s financial markets, and aid the growth of the broader economy by increasing access to growth capital.
It is not immediately clear whether SEBI’s move on Wednesday was motivated by the recent flow of funds out of India’s capital markets. Capital in excess of ₹20,000 crore has left Indian shores in the last few weeks after Finance Minister Nirmala Sitharaman’s budget decision to increase taxes on FPIs. Policymakers were clearly under pressure to do something to allay the fears of foreign investors, so the timing of SEBI’s move is no surprise. But given the broader trend of capital flowing out of emerging markets across the world, it remains to be seen whether SEBI’s present move will yield immediate benefits. Even if it fails to do so, the move will still help Indian markets become more attractive to foreign investors in the long-run. While the steps taken by policymakers to make amends for their previous policy errors are obviously welcome, they should not deflect attention from the larger and persistent issue of overreach by the government against investors. In a world of globalised capital markets, where many nimble emerging markets compete to attract capital from the developed world, India cannot afford to be seen as flip-flopping on its commitments.

Directions (1-3) Choose the similar meaning
Q1. Immediately
a)alley      b)instantly       c)dolorous        d)all         e) None

Q2. Nimble
a)eccentric        b)ordinance          c)adroit        d)haste      e) None

Q3. Offshore
a)flaming          b)offshore        c)egress          d)all         e) None

Directions: (4-5) choose the opposite meaning
Q4. Simplified
a)complicate       b)chop       c)gloomy        d)evince        e) None

Q5. Yield
a)entwine       b)enfold             c)resist       d)all     e) None

Direction (6-7): Which of the following phrases given below each sentence should replace the phrase printed in bold letters to make the sentence meaningfully correct. Choose the best option among the five given alternatives that reflect the correct use of phrase in the context of the grammatically correct sentence. If the sentence is correct as it is, mark “No Error” as your answer.
Q6. It is not immediately clear whether SEBI’s move on Wednesday was motivated by the recent flow of funds out of India capital markets.
a) India capital markets               b) Indian capital market           c) India’s capital’s markets
d) India’s capital markets             e) None

Q7. Even it fails to do so, the move will still help Indian markets become more attractive to foreign investors in the long-run.
a)Even though it           b)Although it           c)Even if it
d)Even it                     e) None

Directions (8-10): In the passage given below there are blanks which are numbered from 8 to 10. They are to be filled with the options given below the passage against each of the respective numbers. Find out the appropriate word in each case which can most suitably complete the sentence without altering its meaning. If none of the words given in options fits in, mark ‘None of these’ as your answer choice.
While the steps taken by policymakers to make ……….8…….. for their previous policy errors are obviously welcome, they should not deflect attention from the larger and ……….9…….. issue of overreach by the government against investors. In a world of globalised capital markets, where many nimble emerging markets compete to attract capital from the developed world, India cannot afford to be seen as ………10…….. on its commitments.
Q8. a)durable          b)vivify            c)amends           d) all           e) None

Q9. a)persistent        b)trite            c)outlandish        d) all           e) None

Q10. a)exhort           b)flip-flopping          c)sculpt          d) all        e) None

Directions (11-12): Read each of the following sentences to find out if there is any grammatical error in it. The error, if any, will be in one part of the sentence. The number (A, B, C or d) of this part is your answer. If there is no error in the statement, then mark option (e) as your answer choice.
Q11. But given the broader trend(a)/ of capital flowing out of emerging markets the world(b)/, it remains to be (c)/seen whether SEBI’s present move will yield immediate benefits(d)/(e)/
a) a          b) b           c) c            d) d            e) e

Q12. Between a slew of measures, the financial markets regulator has(a)/ simplified the registration process for FPIs by (b)/doing away with the broad-based eligibility criteria, which required(c)/ a minimum of at least 20 investors in a foreign fund, and certain documentary requirements(d)/(e)/
a) a          b) b           c) c            d) d            e) e

Directions (13-15): Rearrange the following sentences (a), (b), (c), (d), and (e) in the proper sequence to form a meaningful paragraph and then answer the questions given below.
a) These measures to cut red tape will help lower the regulatory burden on investors, globalise India’s financial markets, and aid the growth of the broader economy by increasing access to growth capital.
b) This might help foreign investors bypass some of the restrictions.
c) Central banks that are not members of the Bank of International Settlements are also allowed to register as FPIs and invest in the country under the new norms.
d) Mutual funds with offshore funds too can invest in India as FPIs to avail certain tax benefits now.
e) Smart cities, along with other urban development agencies, will now be allowed to issue municipal bonds to raise funds for development.

Q13. Which is the Second step after rearrangement?
a) A          b) B        c) C           d) D         e) E 

Q14. Which is the Last step after rearrangement?
a) A          b) B        c) C           d) D         e) E 

Q15. Which is the Fourth step after rearrangement?
a) A          b) B        c) C           d) D         e) E 

Directions (16-17): In each of the following sentences, there is a blank space. Below each such sentence, there are four options with one word each. Fill up the blank with the word that makes the sentence grammatically and contextually correct. If none of the four words is your answer, choose option (e) as your answer choice.
Q16. In a world of ………… capital markets where many nimble emerging markets compete to attract capital from the developed world India cannot afford to be seen as flip-flopping on its commitments.
a)vacate          b)globalised             c)sculpt          d) All      e) None

Q17. Further, SEBI has allowed ………… registered at an international financial services centre to be automatically classified as FPIs.
a) entities         b)execute           c)interjection           d) All          e) None

Directions (18-20): Answer the questions given below based on the passage.
Q18. According to passage What measures SEBI take for FPI & what is the effect of it?
a)simplified the registration process for FPIs         b)FPIs can now also engage in the off-market sale of their shares with fewer restrictions          c)SEBI allowed entities registered at an international financial services        d)All          e) None

Q19. According to passage what is the impact of Nirmala Sitharaman’s budget decision to increase taxes on FPI?
a)Capital in excess of ₹20,000 crore has left Indian shores         b) flow of funds out of India’s capital markets         c)SEBI’s present move will yield immediate benefits          d)All          e) None

Q20. Which of the following statements is/are true in context of the passage above?
(I) India cannot afford to be seen as flip-flopping on its commitments.
(II) Smart cities, along with other urban development agencies, will now be allowed to issue municipal bonds to raise funds for development.
(III) recommendations of the H.R. Khan committee, eased several regulatory restrictions

a) Only (III) b) Both (I) and (II) c) Both (II) and (III) d) All are correct e) None

Answers With Explanation

Ans.1, b it means at once; instantly.
Ans.2, c quick and light in movement or action; agile.
Ans.3, b it means situated at sea some distance from the shore.
Ans.4, a Simplified means make (something) simpler or easier to do or understand. Complicate means make (something) more complicated.
Ans.5, c Yield means give way to arguments, demands, or pressure. Resist means withstand the action or effect of.
Ans.6, d Use the apostrophe to show possession. To show possession with a singular noun, add an apostrophe plus the letter s.
Examples:
a woman’s hat
the boss’s wife
Some writers and editors add only an apostrophe to all nouns ending in s. And some add an apostrophe + s to every proper noun, be it Hastings’s or Jones’s.

One method, common in newspapers and magazines, is to add an apostrophe + s (‘s) to common nouns ending in s, but only a stand-alone apostrophe to proper nouns ending in s.

Examples:
the class’s hours
Mr. Jones’ golf clubs
Ans.7, c Even if is used in a supposition or hypothesis.
It refers to an imaginary or unreal situation.
Even if Caroline earned a big salary, she would not buy a fast car.
Ans.8, c it means make minor changes to (a text, piece of legislation, etc.) in order to make it fairer or more accurate, or to reflect changing circumstances.
Ans.9, a it means continuing firmly or obstinately in an opinion or course of action in spite of difficulty or opposition.
Ans.10, b it means move with a flapping sound or motion. Or make an abrupt reversal of policy.
Ans.11, b use across before the world. We use across as a preposition (prep) and an adverb (adv). Across means on the other side of something, or from one side to the other of something which has sides or limits such as a city, road or river:
[PREP]
We took a boat across the river.
[PREP]
Across the room, she could see some old friends. She got up and went to join them.
My neighbour came across to see me this morning to complain about our cat.
Ans.12, a use replace between with among. a It is often taught that “between” is used for 2 items and “among” for 3 or more.
But this is not completely accurate. The more accurate difference is this:
Between is used when naming distinct, individual items (can be 2, 3, or more)
Among is used when the items are part of a group, or are not specifically named (MUST be 3 or more)
This example will help illustrate the difference:
The negotiations between Brazil, Argentina, and Chile are going well.
The negotiations among the countries of South America are going well.
Ans.13, d is correct. Because the correct sequence is BDCEA.
Ans.14, a is correct.
Ans.15, e is correct.
Ans.16, b it means develop or be developed so as to make international influence or operation possible.
Ans.17, a it means a thing with distinct and independent existence.
Ans.18, d according to passage 1 & 3 is measures of SEBI and 2 is the effect.
Ans.19, a according to passage a is correct.
Ans.20. d according to passage a is correct

 

 

 

 

 

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