Everything From A Single Para | English Aptitude Test 26-08-2019

Everything From A Single Para | English Aptitude Test 26-08-2019

Everything From A Single Para | English Aptitude Test 26-08-2019

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 : 26 August 2019

Currency capers: On falling rupee

The rupee is falling, but it is too early to start worrying
The rupee is back in the news following a sharp depreciation in its value versus the dollar in the last one month after a prolonged period of relative stability. It has weakened by a little over 4% since mid-July and on Friday nudged the 72 mark to a dollar before retracing its steps. The fall has to be seen in the context of the overall weakness in currencies of emerging markets and Asia in August. The Turkish lira, Brazilian real, South Africa’s rand, the Mexican peso have all uniformly lost value versus the dollar with the Argentine peso losing the most, but this has more to do with the Argentine economy’s woes. The trigger was China’s devaluation of the yuan to below the 7 per dollar level for the first time in more than a decade; the last time that the yuan was seen below the 7 per dollar mark was during the global financial crisis in 2008. The yuan’s devaluation is itself a part of the complex trade war that Beijing is now waging with the United States whose President has labelled China a currency manipulator. Emerging market currencies have also been depressed more since the bond yield curve inverted in the U.S. last week when yields on 10-year bonds fell below the two-year note signalling the market’s fear of a recession in the U.S. economy. While there’s no data to support such fears as of now, the trade spat with China seems to be giving the jitters to the market.
The fall in the rupee is, of course, influenced to some extent by the overall economic slowdown and the sell-out in the equity markets in the last couple of months leading to capital withdrawal by foreign portfolio investors. The capital outflow particularly has hit the currency’s valuation. But the fall is no cause for alarm as yet because there is stability on the external account with the current account deficit at a comfortable 0.7% in the quarter ended March 2019. Of course, export growth is depressed but the forex reserves are at historically high levels of $430 billion. In fact, the fall will make India’s exporters competitive. Economists often complain that the rupee is over-valued in terms of the real effective exchange rate making exports uncompetitive. Interestingly, the Reserve Bank of India does not appear to have intervened in support of the rupee, signalling that it is not uncomfortable with the fall. The central bank can be relied upon to enter the market if things get too depressing for the currency. The Finance Minister’s announcements on Friday are sure to perk up the markets on Monday and the rupee may yet bounce back. But, eventually, in an environment where other major emerging market currencies are depreciating, the rupee cannot be an outlier.

Everything From A Single Para 

Directions (1-3): In the passage given below there are blanks which are numbered from 1 to 3. 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.

In fact, the fall will make India’s …….1………competitive. Economists often complain that the rupee is over-valued in terms of the real …….2……. exchange rate making exports uncompetitive. Interestingly, the Reserve Bank of India does not appear to have ……….3……. in support of the rupee, signalling that it is not uncomfortable with the fall.

Q1. a)exporters       b)pinnacle         c)nadir     d) all       e) None

Q2. a)boon      b)effective         c) detriment    d) all       e) None

Q3. a)apex      b)zenith         c)intervened     d) all       e) None

Directions (4-6) Choose the similar meaning

Q4. Prolonged

a)pine      b) muffle        c)lengthen     d)subdue        e) None

Q5. Devaluation

a)noise      b)depress         c)ogle     d)compliant        e) None

Q6. Manipulator

a) puppeteer       b)gape     c)glare     d)all        e) None

Directions: (7-8) choose the opposite meaning

Q7. Jitters

a)daub      b)calmness         c) moderate    d)all        e) None

Q8. Environment

a)bigot      b)radical         c)foreground     d) bigot        e) None

Direction (9-10): 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.

Q9. The Finance Minister’s announcements on Friday are sure to perk up the markets on Monday and the rupee may yet bounce back.

a) rupee may              b)rupee may yet            c) rupee may not       d) rupee may still              e) None

Q10. But, finally, in an environment where other major emerging market currencies are depreciating, the rupee cannot be an outlier.

a) But, completely           b) But, also            c) But, eventually        d) But, finally       e) None

Directions (11-12): 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.

Q11. The fall in the rupee is, of course, …………….. to some extent by the overall economic slowdown and the sell-out in the equity markets in the last couple of months leading to capital withdrawal by foreign portfolio investors.

a)radical            b)fanatic         c)influenced          d) All    e) None

Q12. The yuan’s devaluation is itself a part of the ……………trade war that Beijing is now waging with the United States whose President has labelled China a currency manipulator.

a)complex        b)onerous        c)cavern          d) All    e) None

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) While there’s no data to support such fears as of now, the trade spat with China seems to be giving the jitters to the market.

b) The last time that the yuan was seen below the 7 per dollar mark was during the global financial crisis in 2008

c) The trigger was China’s devaluation of the yuan to below the 7 per dollar level for the first time in more than a decade.

d) Emerging market currencies have also been depressed more since the bond yield curve inverted in the U.S. last week when yields on 10-year bonds fell below the two-year note signalling the market’s fear of a recession in the U.S. economy

e) The yuan’s devaluation is itself a part of the complex trade war that Beijing is now waging with the United States whose President has labelled China a currency manipulator.

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): 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.

Q16. It has weakened by a few(a)/ over 4% since mid-July and on(b)/ Friday nudged the 72 mark to a dollar(c)/ before retracing its steps(d)/(e)

a) a                b) b                 c) c                     d) d                   e) e

Q17. The fall has to be seen(a)/ in the context of the overall(b)/ weakness in currencies of emerging(c)/ markets and Asia in August(d)/(e)

a) a                b) b                 c) c                     d) d                   e) e

Directions (18-20): Answer the questions given below based on the passage.

Q18. According to passage how much yuan deprecate related to dollar?

a)7 per dollar             b)9 per dollar           c)10 per dollar           d)All        e) None

Q19. According to passage what is the reason of currency depreciation in India?

  1. a) bond yield curve inverted in the U.S. last week b)withdrawal by foreign portfolio investors c)economic slowdown in India          d)All   e) None

Q20. Which of the following statements is/are true in context of the passage above?

(I)forex reserves are at historically high levels of $430 billion.

(II) Reserve Bank of India does not appear to have intervened in support of the rupee

(III) Rupee has weakened by a little over 5% since mid-July

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

Answers With Explanation

Ans.1, a it means a person, country, or company that sends goods or services to another country for sale.

Ans.2, b it means successful in producing a desired or intended result.

Ans.3, c it means take part in something so as to prevent or alter a result or course of events.

Ans.4, c it means continuing for a long time or longer than usual; lengthy.

Ans.5, b it means the reduction or underestimation of the worth or importance of something.

Ans.6, a it means a person who controls or influences others in a clever or unscrupulous way.

Ans.7, b Jitter means feelings of extreme nervousness. Calmness means the state or quality of being free from agitation or strong emotion.

Ans.8, c Environment means the surroundings or conditions in which a person, animal, or plant lives or operates.  Foreground means the part of a view that is nearest to the observer, especially in a picture or photograph.

Ans.9, b ‘Yet’ is used to talk about something which is expected to happen. It means ‘at any time up to now’. It is used in questions and negatives.

Have you finished your homework yet? The speaker expects that the homework will be finished.

I haven’t finished it yet. I’ll do it after dinner.

‘Yet’ usually comes at the end of the sentence.

Ans.10, c e use the adverb eventually to mean ‘in the end’, especially when something has involved a long time, or a lot of effort or problems:

I looked everywhere for my keys, and eventually found them inside one of my shoes! (I found them after a long time and a lot of effort.)

Warning:

Eventually does not mean ‘perhaps/possibly’ or ‘if possible’.

I asked the receptionist to change my room and give me a bigger one, and, if possible, away from the traffic noise.

Ans.11, c it means the capacity to have an effect on the character, development, or behaviour of someone or something, or the effect itself.

Ans.12, a it means consisting of many different and connected parts.

Ans.13, b is correct. Because the correct sequence is CBEDA.

Ans.14, a is correct.

Ans.15, d is correct.

Ans.16, a use little in place of few. Little refers to non-countable nouns, and is used with the singular form to indicate that something exists only in a small amount or to a slight degree. Few refers to countable nouns, and is used with the plural form to indicate not many persons or things. For example:

I’ve got little money left in my account.

Ben has few friends in London.

Ans.17, e no error.

Ans.18, a according to passage a is correct.

Ans.19, b according to passage b is correct.

Ans.20, b according to passage b is correct.

 

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