English Quiz for SBI PO | IBPS – Set 134

A Surendran, Additional General Manager of International Banking at Federal Bank, said banks expected about $10 billion to __(1)__ in. “The __(2)__ of these inflows will be seen only in the next __(3)__. There may be an impact now but not a major one, as these __(4)__ have to be fresh deposits or renewal of deposits,” he said. Reports say the total NRE, NRO (non-resident ordinary) and FCNR deposits are at $51.97 billion as in October 2011. If one __(5)__ a one per cent __(6)__ in the value of rupee and takes __(7)__ account the __(8)__ rates in other countries, NRIs have an option __(9)__ they could borrow from their home countries and deposit in India, thereby making a clear __(10)__ of 1-2 per cent.

1)
a) grow
b) blow
c) flow
d) go
e) call

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Answer c) flow

2)
a) produce
b) consequent
c) resultant
d) impact
e) reaction

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Answer a) produce

3)
a) time
b) fiscal
c) year
d) mensem
e) plan

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Answer e) plan

4)
a) tenders
b) money
c) cash
d) credits
e) deposits

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Answer d) credits

5)
a) thinks
b) lends
c) assumes
d) borrows
e) feels

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Answer b) lends

6)
a) grow
b) appreciation
c) plus
d) dividend
e) cut

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Answer c) plus

7)
a) into
b) for
c) in
d) to
e) out

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Answer e) out

8)
a) prime
b) lending
c) pulse
d) increase
e) depreciation

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Answer d) increase

9)
a) wherein
b) which
c) that
d) how
e) when

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Answer a) wherein

10)
a) difference
b) reduction
c) margin
d) deduction
e) cut

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Answer b) reduction

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