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English Questions for IBPS PO Exam Set- 36

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Hello Aspirants. Welcome to Online English Quiz in AffairsCloud.com. Here we are creating Best question samples from READING COMPREHENSION & SAME/OPPOSITE WORDS which is based on IBPS PO MAINS PATTERN. !!!

A variety of reasons have been put forward from time to time for the sharp increase in thevalue of restructured and non-performing loans of Indian banks over the last couple of years. Theserange from the holding up of clearances to the slowing economy. If a completed power project isnot able to get coal supplies due to Coal India not getting environmental clearances, this ensures the loans given to the power projects turn NPA. Similarly, at a time when slowing demand, both locally as well as overseas, is straining the top line and bottom line, it becomes difficult for firms to service bank loans that, over a period of time, turn NPA. To that extent, any turnaround in the economy’s fortunes is expected to slow down the growth in NPAs; faster clearances of projects by the Cabinet Committee on Investments (CCI) will also have the same impact. Were the government to take certain policy decisions, such as on coal price-pooling, this will also help—in this case, power projects that cannot sell their power as it is too expensive will get welcome relief.
The problem, however, is that the debt-recovery process isn’t getting better either. Indeed, it could be getting worse, going by data presented in the latest report of the standin committee on finance. The bulk of loan recovery cases, for instance, are now going through the Sarfaesi route since the new law was supposed to be dramatically faster when it came to recovering loans—from 46% in FY10, nearly 60% of all loan recovery cases (by way of the amounts involved) went through this route in FY12. Debt recovery tribunals were also presented as a fast way to recover loans and the value of cases going through this route rose from 31% of all cases in FY10 to 39% in FY12. Yet, the recovery rates have plunged, especially in the case of the debt recovery tribunals, from 32% in FY10 to 17% in FY12. In the Sarfaesi case, the value of recoveries were just 30% of all the cases referred (in terms of value) in FY10 and this fell to 29% in FY12. Given that NPAs and restructured loans have risen to around 12% of all bank loans today, fixing this is something the government needs to give serious thought to.

  1. Which of the following is one of the reasons for increase in the value of non-performing assets of Indian banks?
    (1) Slowing demand
    (2) Apathy of government in taking decisions on faster clearances of some policies.
    (3) Holding up of clearances
    (4) Poor debt giving process
    (5) Not mentioned in the passage.
    (3) Holding up of clearances

  2. What will be the impact of faster clearances of projects by the Cabinet Committee on Investments (CCI)?
    (1) Power projects will get some relief
    (2) It will become difficult for firms to repay bank loans.
    (3) The bulk of loans would turn to NPA.
    (4) It is expected that there would be a slow down in the growth of NPA.
    (5) All of the above
    (4) It is expected that there would be a slow down in the growth of NPA.

  3. What does the latest report of the standing committee on finance project about NPAs ?
    (A) Most of the cases of loan recovery are going through the Sarfaesi Act.
    (B) Debt recovery tribunals have lowered NPAs from 32% to 17%.
    (C) The Debt recovery process can get worse as per the data presented in the latest report.
    (1) Only B
    (2) Only A
    (3) Only B and C
    (4) Only A and B
    (5) Only C
    (5) Only C

  4. Which of the following is TRUE in context of the passage?
    (A) The value of debt-recovery cases going through debt recovery tribunals rose to 39% in the Financial year 2012
    (B) The recovery rates of loans through Debt recovery tribunals fell to 17% in FY12.
    (C) The value of recoveries of all debt recovery cases dealt under the Sarfaesi Act fell by 1% in FY12.
    (1) Only A
    (2) Only C
    (3) Only B
    (4) All A,B,C
    (5) None of these
    (4) All A,B,C

  5. Which of the following is NOT TRUE in context of the passage?
    (A) There has been a sharp increase in the value of restructured and non-performing loans of
    Indian banks last year (2012).
    (B) The value of debt-recovery cases going through debts recovery tribunal rose 8% from FY
    2010-2012.
    (C) The NPAs and restructured loans have risen to around 12% of all bank loans in the present time.
    (1) Only A
    (2) Only C
    (3) A and C
    (4) B and C
    (5) Only B
    (1) Only A

  6. Choose the word which is most nearly the SAME in meaning as the word printed in bold as used in the passage.
    Plunged
    (1) ascended
    (2) rose
    (3) descended
    (4) fallen
    (5) tumble
    (4) fallen

  7. Choose the word which is most nearly the SAME in meaning as the word printed in bold as used in the passage.
    straining
    (1) continue
    (2) usual
    (3) strain
    (4) ordinary
    (5) unpressured
    (3) strain

  8. Choose the word which is most nearly the OPPOSITE in meaning as the word printed in bold as used in the passage.
    Holding up
    (1) hinder
    (2) continuing
    (3) pause
    (4) interrupt
    (5) forward
    (2) continuing