“20-20” English Question | Crack SBI Clerk 2018 Day-38

Dear Friends, SBI Clerk 2018 Notification has been released we hope you all have started your preparation. Here we have started New Series of Practice Materials specially for SBI Clerk 2018. Aspirants those who are preparing for the exams can use this “20-20” English Questions. 

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Topic Daily Publishing Time
Daily News Papers & Editorials 8.00 AM
Current Affairs Quiz 9.00 AM
Logical Reasoning 10.00 AM
Quantitative Aptitude “20-20” 11.00 AM
Vocabulary (Based on The Hindu) 12.00 PM
Static GK Quiz 1.00 PM
English Language “20-20” 2.00 PM
Banking Awareness Quiz 3.00 PM
Reasoning Puzzles & Seating 4.00 PM
Daily Current Affairs Updates 5.00 PM
Data Interpretation / Application Sums (Topic Wise) 6.00 PM
Reasoning Ability “20-20” 7.00 PM
English Language (New Pattern Questions) 8.00 PM
General / Financial Awareness Quiz 9.00 PM

Direction (Q. 1-10): Read the following passage carefully and answer the questions. Certain words/ phrases are given in bold to help you locate them while answering some of the questions.

Windsor, a community of 6,200 people two hours outside Albany in New York state, offers many of the amenities commonly found in a small town, including a bakery, a car-repair outfit and several restaurants. There is just one thing missing: a bank. The town’s only financial institution, First Niagara Bank, shut its doors in October. Towns like Windsor are becoming ever more common in America. Since the financial crisis, banks have closed over 10,000 branches, an average of three a day. In the first half of 2017 alone, a net 869 brick-and-mortar entities shut their doors, according to S&P Global Market Intelligence, a research firm. Some fret that branch closures risk turning poorer neighbourhoods into “banking deserts”, cut off from current accounts, loans and other basic services. Not long ago, the notion that Americans might lack sufficient access to bank tellers would have seemed absurd. In the years leading up to the crisis, bricks-and-mortar branches grew by about 200 each month. By 2009, according to the World Bank, America had 35 branches for every 100,000 adults, twice as many as Germany. Since then, however, ultra-low interest rates and thickets of new regulations have squeezed bank profits. They have responded by trimming branches from a peak of about 100,000 to roughly 90,000.

Bank bosses maintain that they are “optimising” their branch networks to fit changing customer habits. But the cuts have not been made evenly. Data from the Federal Deposit Insurance Corporation (FDIC) show that the top fifth of all postal codes by household income lost around 3% of their branches between 2009 and 2016. During this period, the bottom fifth saw their branch numbers decline by 10%. Community organisations worry that if branches continue to close in poor areas, many neighbourhoods could become reliant on payday lenders and cheque-cashing stores. In June the Federal Reserve Bank of St Louis estimated that there are now more than 1,100 banking deserts—defined as census areas at least ten miles from a bank—in America. That figure could easily double if small community banks continue to close. In May the National Community Reinvestment Coalition, a non-profit group, published a report showing that the number of banking deserts in rural areas has increased by 86 since the crisis. The situation may be less dire than it seems. An analysis of FDIC data by The Economist shows that banking deserts, using the Fed’s definition, are home to just 1.7% of the population. For most of the country, banks are still within easy reach—typically just two miles away. Nine out of ten Americans live within five miles of a bank; half live within one mile.

Even if banks remain accessible to most, branch closures can take a heavy toll. “The loss of a bank has a significant impact on communities,” says James Chessen of the American Bankers Association. The cost is greatest for small businesses, which often lack audited financial statements and other information that can be analysed remotely. “At the local community level, so much of that business is driven by relationships,” says Chris Vanderpool of S&P Global Market Intelligence. “The farther out you are, the harder it is to manage those relationships.” A study in 2014 by Hoai-Luu Nguyen, now at the University of California, Berkeley, estimates that when branches close, new small-business lending falls by 13% in the surrounding area. In low-income neighbourhoods, such lending contracts by nearly 40%. Even if financial regulation loosens and interest rates rise, branches are likely to thin further. JLL, a property firm, reckons that by 2027 the number of bricks-and-mortar branches could have declined by another 20%. The risk of widespread banking deserts may be a mirage. But small-business lending could still suffer.

  1. According to author what is the main problem of Windsor community?

1) They are living very far from New York.

2) They don’t have basic amenities.

3) They don’t have any financial institution.

  1. Only 1
  2. Only 2
  3. Only  3
  4. 1 & 2
  5. All of the above
  1. What is true regarding the passage?

1) There is financial crisis in America.

2) Banks have closed over 10,000 branches.

3) Closure of the branches started since financial crisis.

  1. Only 1
  2. Only 2
  3. 2 &  3
  4. 1 & 2
  5. All of the above
  1. Why nobody had imagined that Americans will lack sufficient access to banks?

1) Because till 2009 America had 35 branches for every 100,000 adults.

2) There were growth of 200 branches every month before crisis.

3) Because American were totally depend on the banking system.

  1. Only 1
  2. Only 2
  3. Only  3
  4. 1 & 2
  5. All of the above
  1. What can be the effects of closing of the bank branches according to community organisation?

1) Many can start relying on payday lenders.

2) Many can also rely on cheque cashing store.

3) Many can start trading through cash only.

  1. Only 1
  2. Only 2
  3. Only  3
  4. 1 & 2
  5. All of the above
  1. What can be true regarding banking desert?

1) Currently there are more than 1100 banking desert.

2) Closure of the bank branches in small community will increase the number of banking desert.

3) According to passage banking desert is a kind of desert with no bank branches.

  1. Only 1
  2. Only 2
  3. Only  3
  4. 1 & 2
  5. All of the above
  1. What is true regarding FDIC data?

1) Lack of accessibility of banks to the Americans is very poor.

2) Mostly population of America are suffering from banking desert.

3) Still mostly Americans have easy access to bank.

  1. Only 1
  2. Only 2
  3. Only  3
  4. 1 & 2
  5. All of the above

Direction (Q. 7-8) Choose the word/group of words which is most similar in meaning to the word/group of words printed in bold as used in passage.

  1. Amenities
  1. Convenience
  2. Availability
  3. Places
  4. Institution
  5. None of the above
  1. Thickets
  1. Corrigendum
  2. Lack
  3. Files
  4. Clump
  5. None of the above

Direction (Q. 9-10) Choose the word/group of words which is most opposite in meaning to the word/group of words printed in bold as used in passage

  1. Absurd
  1. Logical
  2. Definite
  3. Dream
  4. Ludicrous
  5. None of the above
  1. Fret
  1. Calm
  2. Feel
  3. Worry
  4. Forecast
  5. None of the above

Directions (Q.11-15): Choose the appropriate phrase/connector from the given three options which can be used to form a single sentence from the two sentences given below, implying the same meaning as expressed in the statement sentences.

11). He has failed many times. He still hopes to win.

(i) As soon as

(ii) Having

(iii) Because of

  1. (i)& (ii)
  2. Only (iii)
  3. (i), (ii) and (iii)
  4. Only (i)
  5. Only (ii)

12). The cat crept slowly through the grass. The cat was watching the mouse the whole time.

(i) Creeping slowly

(ii) As

(iii) Although

  1. (i), (ii)& (iii)
  2. (i)& (ii)
  3. Only (i)
  4. (ii)& (iii)
  5. Only (ii)

13). The diamond was hidden under the floorboards. It was safe many years.

(i) Although

(ii) Otherwise

(iii) Hidden under

  1. (i), (ii)& (iii)
  2. (i)& (iii)
  3. Only (iii)
  4. (ii)& (iii)
  5. Only (i)

14). Sai weighed the gravity of the situation. He considered whether to stop or speed away.

(i) Considering whether

(ii) Weighing the

(iii) Because

  1. (i), (ii)& (iii)
  2. (ii)& (iii)
  3. Only (ii)
  4. (i)& (ii)
  5. Only (i)

15). The teachers trained him well.  They helped him find a work when his training was through.

(i) And

(ii) But

(iii) Yet

  1. Only (i)
  2. (i)& (ii)
  3. Only (iii)
  4. (ii)& (iii)
  5. (i), (ii)& (iii)

Directions (Q. 16-20): Read each sentence to find out whether there is any grammatical or idiomatic error in it. The error any, will be in one part of the sentence. The number of that part is the answer. If there is no error, the answer is (e).

16). a) In fact, the human civilisation is / b) the history of man’s growth / c) control over / d) the sources of energy. / e) No error

17). a) We all know that steam engine / b) marks an epochal change in the production capacity / c) and thus the beginning / d) of modern capitalist world. / e) No error

18). a) United States of America has not blacklisted India as a priority foreign country / b) in its report on the intellectual property regime / c) of trading partner despite strong demands / d) from its pharmaceutical companies. / e) No error

19). a) In Beijing recently, smog had become / b) so thick that virtual sunrise / c) was arranged on huge TV screens / d) across the city. / e) No error

20). a) It is said that Prometheus gave the power / b) over fire to man after creating him / c) from water and earth because he had become fond of men / d) than the king of gods, Zeus, had anticipated. / e) No error


Direction (1-10):

  1. Answer c

The main issue of windsor community is having no financial institution.

  1. Answer c

There were financial crisis in America till 2009 but now there is no financial crisis.

  1. Answer d

3 is not given in passage anywhere.

  1. Answer d

1 and 2 is the effect of closing the bank branches.

  1. Answer d

3 cannot be true because it is not given in the passage.

  1. Answer c

only 3 is true according to FDIC data.

  1. Answer a

Amenities means convenience.

  1. Answer d

Thickets means clump.

  1. Answer a

Absurd means illogical.

  1. Answer a

Fret means bother.

Directions (Q.11-15):

11). Answer e

Having failed for many times, he still hopes to win.

12). Answer c

Creeping slowly through the grass, the cat watched the mouse the whole time.

13). Answer b

Although the diamond was hidden under the floorboards, it was safe for many years.

Hidden under the floorboards, the diamond was safe for many years.

14). Answer d

Weighing the gravity of the situation, Sai considered whether to stop or speed away.

Considering whether to stop or speed away, Sai weighed the gravity of the situation.

15). Answer a

The teachers trained him well and they helped him find a work when his training was through.

Directions (Q. 16-20):

16). Answer b

Replace “growth” with “growing”

17). Answer b

Replace “marks” with “marked”

18). Answer a

Add “The” before “United”

19). Answer e

No Error

20). Answer c

Replace “fond” with “fonder”

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