RBIGradeB2008 Related Question Answers

1. Read the following passage carefully and answer the question given below it Certain words/phrases have been printed in bold to help you locate them while answering some of the question.India is rushing headlong towards economic success and modernisation counting on high-tech industries such as information technology and biotechnology to propel the nation to prosperity India’s recent announcement that it would no longer produce unlicensed inexpensive generic pharmaceuticals bowed to the realities of the world Trade Organisation while at the same time challenging the domestic drug industry to compete with the multinational firms. Unfortunately its weak higher education sector constitutes the Achilles’ heel of this strategy. Its systematic disinvestment in higher education in recent years has yielded neither world-class research nor very many highly trained scholars scientists or managers to sustain high-tech development.India’s main competitors-especially China but also Singapore Taiwan and South Korea are investing in large and differentiated higher education systems. They are providing access to a large number of students at the bottom of the academic system while at the same time building some research-based universities that are able to compete with the world’s best institutions. The recent London Times Higher Education Supplement ranking of the world’s top 200 universities included three in China three in Hong Kong three in South Korea One in Taiwan and one in India. These countries are positioning themselves for leadership in the knowledge-based economies of the coming era. There was a time when countries could achieve economic success with cheap labour and low-tech manufacturing, Low wages still help but contemporary large scale development requires a sophisticated and at least partly knowledge-based economy India has chosen that path but will find a major stumbling block in its university system India has significant advantages in the 21st century knowledge race.It has a large higher education sector the third largest in the world in terms of numbers of students after China and the united states It uses english as a primary language of higher education and research It has long acdemic tradition Academic freedom is respected There are a small number of high-quality institutions departments, and centres that can from the basic sector in higher education The fact that the states rather than the central Government exerise major responsibility for higher education creates a rather “cumbersome” but the system allows for a variety of policies and approaches Yet the weaknesses far outweigh the strengths India educates approximately 10 per cent of its young people in higher education compared to more than half in the major industrialised countries and 15 per cent in China Almost all of the world’s academic system “resemble” a pyramid, with a smaller high-quality tier at the top tier.None of its universities occupies a solid position at the top A few of the best unversities have some excellence The University Grants Commission’s recent major support to five universities to build on their recognised strength is a step towards recognising a differentiated academic system and “fostering” excellence These universities combined enro; well under one percent of the student population.Which of the following is TRUE in the context of the passage ?
 






2. Rearrange the following six sentences (A), (B), (C), ( D), (E) and (F) in the proper sequence 0 term a meaningful paragraph: then answer the questions given below them. (A) On reaching inside the drum it was disappointed to find nothing but wood and leather. (B) One day a jackal was very hungry and it reached the king’s battleground in search of food. (C) On looking for the source of the noise, it found a war-drum nearby and mistook it be a huge animal with lots of food inside it. (D) With great difficulty it came out of the drum, backed off and crept away to safety laughing at its own judgement. (E) With great difficulty it pierced the drum and reached inside. (F) Suddenly. it heard a loud noise and was frightened.Which of the following should be the FIRST sentence after rearrangement ?
 






3. Rearrange the following seven sentences (A), (B), (C), (D), (E), (F) and (G) in the proper sequence to form a meaningful paragraph; then answer the questions given below them. (A) They have to, therefore, necessarily devise strategies for product differentiation and pricing, market segmentation and ef cient portfolio management. (B) There is a great need for the banks to fully exploit these sectors to achieve a win-win situation for both - the farm and non-farm sector units and the banks. (C) The time has now come to consolidate on the gains of the past decades of nationalized banking. (D) This means banks will no longer be operating in a "seller's market". (E) Undoubtedly, an untapped and vibrant market for commercial banking exists in the farm and non-farm sectors of rural economy. (F) Then, and only then, could it be claimed that the nationalization has, at least to some extent, achieved the purpose of nationalization. (G) The present era of financial liberalization and globalized banking would entail that banks equip themselves to face the rigours of a highly competitive financial market.Which of the following should be the SECOND sentence after rearrangement ?
 






4. Which of the following should be the FOURTH sentence after rearrangement ?






5. Which of the following should be the sixth (Last) sentence after rearrangement ?






6. Which of the following should be the fifth sentence after rearrangement ?






7. One World Trade Centre is viewed as a statement of hope, a marvel of persistence and a miracle of logistics. As years passed after the tragedy at the site at which it was since constructed and the delays kept mounting. Americans began to _____1_____ what’s taking so long ? Have we lost the capacity to rebuild ? The answer in part was the sheer _____2_____ of the project – 10000 workers at-tempting one of the most difficult construction projects ever in one of the most densely populated cities on Earth _____3_____ the funds allotted for the project were estimated as $ 1.5 billion when he design was unveiled but the price tag just kept going up. Other _____4_____ included the weather in the harsh sun of summer the steel beams could reach temperatures that were not enough to singe skin added to which a hurricane _____5_____ the construction site. The monument may not be all things to all people, but its completion signifies that ambition coupled with determination of people in the face of odds is intact and will always win the day.(1)
 






8. (2)






9. (3)






10. (4)






11. (5)






12. (6)






13. (7)






14. (8)






15. (9)






16. In the given passage there are blanks, each of which has been numbered. Against each five words are suggested, one of which fits the blank appropriately. Find out the appropriate word in each case.If China’s state owned commercial banks seem burdened by bad debts, the country’s rural financial sector is even worse. In the villages, the only formal banking institutions are what are known as rural credit co-operatives. These ___(1)___the distinction in China of having been officially declared insolvent. The rural credit co-operatives are ill named. They are often reluctant to___(2)___ and they are not run as cooperatives as they do not ___(3)___ any profits and their customers have no say in their operations. Until 1996, they were offshoots of the Agricultural Bank of China.. Since then they have been ___(4)___by the Central Bank, though they are in reality run by county governments. Even the word ‘rural’ is misleading. ___(5)___ of their deposits are sucked up and put in the urban banking system. Farmers usually find it easier to ___(6)___ from friends or relatives or black market moneylenders. Yet the co-operatives remain a big part of China’s financial system. Last year, they___(7)___1 for 12 percent of deposits and 11 percent of loans. In recent years, commercial banks (in eluding the Agricultural bank) have closed down___(8)___in the countryside. Yet some 40,000 credit co-operatives remain in place with one in almost every township (as the larger villages or smaller) rural loans are___(9)___. If as the government claims, the credit co-operatives are beginning to turn a profit after six years of losses, it is not because they are any better run. In an effort to ___(10)
 ___
a stagnant rural economy, the central bank has pumped more than $9 billion into them hoping that they will lend more to farmers. But the root causes of their problems remain and the real solution may have to involve a mix of approaches from commercial banking to real cooperatives.(10)
 






17. Four of the following five are alike in a certain way and so form a group. Which is the one that does not belong to the group ?






18. Seven students Ashwin, Devika, Baljit, Chandrakant, Urmila, Nagesh and Pranjali have taken admissions for MBA with specialization in HR or Finance or Marketing. Each one has got admission in different institutes M, J, K, L, R, T, F not necessarily in the same order. At least two have opted for each of the specializations. Devika has opted for Marketing but not in Institute J or T. Chandra-kant has taken admission for HR in Institute K. The one who studies in Institute F does not study Finance. Nagesh studies the same specialization as that of Devika in Institute R. Ashwin does not study in Institute L or T. Baljit studies HR in Institute J. Franjali studies in Institute F and does not study marketing.Which of the following combinations of institute and speciallization is true for Urmila ?
 






19. Devika studies in which institute ?






20. Which of the following groups represents the students studying HR ?






21. Which of the following combinations of institute, student and specialization is correct ?






22. Below is given a passage followed by several possible inferences which can be draw from the facts stated in the passage. You have to examine each inference separately in the context of the passage and decide upon its degree of truth or falsity. The immediate challenge is on the food front. Shortfalls in production have been allowed to affect supplies and hence prices. The government is planning to focus on investment in irrigation and strategy. It appears that the Green Revolution instruments to encourage farmers to invest are no longer effective. The Green Revolution strategy was based on the state taking out the risk of collapse in prices. Farmers were offered remunerative prices and a guaranteed procurement of their produce in case the open market could not absorb it. Farmers could them borrow from banks, acquire the Green Revolution Technology and produce as much as they could. The pressure on the food subsidy was manageable as long as there was a food shortage. Prices in the open market then tended to be above the procurement prices. But with the food surpluses the situation has changed. The situation was unsustainable not merely because of the magnitude of this subsidy. It was also inefficient. It meant farmers were being led to produce crops based just on the pieces Government fixed and not in relation to any legal demand. In these circumstances, the Government was reluctant to keep increasing procurement prices at the pace that used to be the norm in earlier years.The Government is planning to make crucial changes in the Green Revolution strategies.
 






23. Demand is much higher than the quantity of crops produced by the farmers.






24. These questions are based on the following arrangement. D 5 4 I H * $ K E 3 L B @ A R M 1 6 F % J £ 2 7 C G 9How many such symbols are there in the above arrangement each of which is either immediately followed or immediately preceded by a consonant but not both ?
 






25. These questions are based on the following arrangement. D 5 4 I H * $ K E 3 L B @ A R M 1 6 F % J £ 2 7 C G 9How many such consonants are there in the above arrangement each of which is immediately preceded by a vowel and also immediately followed by another consonant ?
 






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