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Daily Practice Quiz 89 – Free Mock Test 2022 For Bank Exam

by Famida
June 24, 2022
in Articles, Banking, Banking Quiz, Entri Daily Quiz Practice
Daily Practice Quiz 89 - Free Mock Test 2022 For Bank Exam
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Banking jobs are one of the prestigious jobs amongst youth in India. Job security and high status makes it popular and highly competitive. So, the candidate should start preparation right away to ensure success in the exam. In order to crack the exam, Aspirants should be well versed with latest exam pattern and trends. So Entri provides you Daily Practice quiz which will help you in preparation for IBPS, SBI, RBI, NABARD and other banking exams. Attempting daily Banking quiz will help the candidate to have an idea about the exam pattern and time taken to attempt the quiz.  So start practicing daily quiz right away to achieve success in the examination!

Daily Practice Quiz 89 – Free Mock Test 2022 for IBPS, SBI, RBI and Other Bank Exams

1. Study the given information carefully:
The given sentence has been broken up into four different parts. The error, if any, will be in one part of the sentence. Select the option which contains the error-less combination. If all are correct mark Option E as your answer.
A. The given sentence has been broken up into four different parts. The error, if any, will be in one or more parts of the sentence. Select the option which contains the combination of the error. If all are correct mark Option E as your answer.
In view of the worsen security (A)/ situation in Libya, India asked its nationals (B)/ to exercise extremely caution and (C)/ stay in contact of others in the community. (D)/ All are correct (E)
A. ABC
B. BCD
C. ACD
D. BAD
E. All are correct

Answer: C-ACD

Download Entri to attempt Banking mock tests!

B. The blockade of the Delhi police headquarters from (A)/ its personnel on Tuesday and the disruption of (B)/ courts on Wednesday constituted a spectacular (C)/ breakdown of governance in the national capital. (D)/ No error (E)
A. ABC
B. BCD
C. DAB
D. ACD
E. No error

Answer: B-BCD

C. The given sentence has been broken up into four different parts. The error, if any, will be in one or more parts of the sentence. Select the option which contains the combination of the error. If all are correct mark Option E as your answer.
Ratan Tata’s advocate told the Bombay High Court (A)/ that Nusli Wadia filled a criminal defamation case (B)/ for him because of a fallout of a corporate dispute as (C)/ Mr. Wadia was a strong supporter on the former Tata Sons chairman Cyrus Mistry. (D)/ All are correct (E)
A. BCD
B. ABC
C. ACD
D. DCA
E. All are correct

Answer: A-BCD

D. In January this year, the World Health Organization (WHO) listed (A)/ “vaccine hesitancy” as between the top 10 threats to (B)/ global health this year; it is defined as (C)/ “the reluctance or refusal to vaccinate despite the availability of vaccines”. (D)/ No error (E)
A. ABC
B. BCD
C. DAB
D. ACD
E. No error

Answer: D-ACD

E. The air quality is expected to improve to ‘moderate’ or lower end of (A)/ poor’ category on Thursday, but may deteriorated slightly on (B)/ Friday due to a change in wind direction, said government-run (C)/
monitoring agency SAFAR (System of Air Quality and Weather Forecasting and Research) (D)/ No error (E)
A. ABC
B. ACD
C. BCD
D. DAB
E. No error

Answer: B-ACD

2. Read the passage and answer the following questions.
With 2.5 billion people around the world still excluded from the formal financial system, there is growing interest in how to extend financial services to the “unbanked” , many of whom live in extreme poverty in developing countries. Their exclusion from formal financial services forces them to rely on risky and expensive alternatives, which stifles both individua and macro-level economic development. Evidence also shows that people want savings, and demand for savings accounts outstrips demand for credit in sub-Saharan Africa. But the problem for many of the poorest people is that they simply don’t have a good way of doing it. As Nelly Otieno, microfinance specialist with Care Kenya pointed out, in the absence of any
savings vehicles, excess cash has tended to get nut into something like livestock A poor woman with spare cash invests in a chicken. There’s quite a —— between that form of investment and the kind of formal products provided by banks. That’s where community-led savings groups have a role to play, and what surprised Otieno was the fervour with which people joined these groups and how quickly they demanded more advanced products as a group and wanted to invest individually too. “In the past three years, we’ve seen a huge demand coming from these groups, ” she said. “Initially it’s to start saving, but in time as they build the confidence they want to increase their savings, and as they increase their savings they also want to invest more in their own businesses.” The seminar discussed how graduation from these community-led savings schemes into a wider array of formal financial services is potentially risky. It is at this point, for instance, that many financial services providers might identify an opportunity to step in and offer all sorts of products to a burgeoning customer base, which may or may not be in the interests of those customers.
A. What can be inferred from the given statement?
‘Evidence also shows that people want savings, and demand for savings accounts outstrips demand for credit in sub-Saharan Africa. But the problem for many of the poorest people is that they simply don’t have a good way of doing it.’
A. People in Sub-Saharan Africa do not bother to save and prefer to take credit
instead.
B. People in African countries do not have access to financial services, so there is no
demand for saving accounts.
C. In African countries demand for credit outstrips the demand for saving accounts.
D. If banking services are available to people then people would prefer saving
over taking credit.
E. None of the above

Answer: D-If banking services are available to people then people would prefer saving over taking credit.

B. Which of the following is the most appropriate synonym of the given word as given in the passage? burgeoning
A. diminishing
B. ruined completely
C. flourishing
D. shrinking
E. None of the above

Answer: C-flourishing

C. Which of the following can be inferred from the given passage?
A. Evidence shows that people want savings, and demand for savings accounts outstrips demand for credit in sub-Saharan Africa.
B. Lack of financial inclusion has a significant impact on the country’s economic development.
C. 2.5 billion people around the world are still excluded from the formal financial system.
D. In the past three years, we’ve seen huge demand coming from community led saving groups.
E. None of the above

Answer: B-Lack of financial inclusion has a significant impact on the country’s economic development.

D. Which of the given words is the most appropriate for the given blank?
There’s quite a —— between that form of investment and the kinds of formal products provided by banks.
A. Competition
B. Similarity
C. Problem
D. Mindset
E. Gulf

Answer: E-Gulf

E. Which of the following statements is/are true according to the given passage?
1. The seminar discussed how graduation from these communityled savings schemes into a wider array of formal financial services is potentially risky.
2. If people do not have saving vehicles they tend to put their excess cash into something like livestock.
3. Exclusion of people from financial services cannot force them to rely on risky and expensive alternatives.
A. only 3
B. only 2
C. only 2 and 3
D. all 1,2 and 3
E. None of the above

Answer: E-None of the above

Free Bank Mock Test PDF 2022

Click the below link to download Free Bank Mock Test PDF Online!

Download Free Bank Mock Test PDF with Solution

 You will be able to score high in the examination if you practice quizzes and mock test regularly.  Attending daily quiz will help you in improving accuracy, speed and confidence-level. After attempting the quiz, you will be able to identify the weak areas and Entri will help you improve on that section. Stay tuned with us to attain your dream job!

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Famida

Famida

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