Dear readers,
This quiz consists of questions from various Banking
entrance exams held during the last few years. Leave your answers/ responses in
the comments section below and we’ll soon let you know the correct answers!
Directions (Q. 1-10): In the following passage, there are blanks
each of which has been numbered. These numbers are printed below the passage
and against each five words have been
suggested, one of which fills the blanks appropriately. Find out the
appropriate word in each case.
Traditional bank architecture is based on bank
branches. These branches ensure the physical (1) of a customer’s savings. A customer may go there to deposit and
withdraw money, (2) for loans and (3) other
financial transactions. In the past two decades banking architecture has
changed. The Automated Teller Machine (ATM) has been a big (4) and credit and debit cards have created new financial spaces. (5) the bank branch has remained the
bedrock of the banking system as a person needs an account in a branch before
he can operate a debit or ATM card. This may be about to change as technocrats
now (6) cell phones as the new
architecture of virtual banks. This has the potential to make branches (7). Cell phone banking seems
especially relevant for India, since it can penetrate the countryside cheaply
and (8). The world over cell phones
are spearing at a (9) rate and in
India alone new cell phone connections are growing at the rate of six million a
month, a rate of customer (10) no
bank can dream of.
1. (1)
Knowledge (2) Safety (3) Presence (4) Confidentiality (5) Guarantee
2. (1)
Negotiate (2)
Advance (3) Credit (4) Apply (5) Sanction
3. (1) Pursue (2) Interact (3) Carry out (4) Enable (5) Engage
4. (1)
Drawback (2) Hurdle (3) Consequence (4) Luxury (5) Innovation
5. (1) Despite (2) Although (3) Even (4) Yet (5) Until
6. (1) View (2) Realize (3) Display (4) Engineer (5)
Assess
7. (1) Essential (2) Obsolete (3) Extant (4) Retreat (5)
Expired
8. (1)
Moderately (2) Occasionally (3) Compulsory (4) Indiscriminately (5) Effectively
9. (1)
Phenomenal (2) Gradual (3) Proportionate (4) Competitive (5) Projected
10. (1)
Discount (2) Base (3) Expansion (4) Satisfaction (5) Relationship
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Answers
1(2) 2(4) 3(3)
4(5) 5(4) 6(1)
7(2) 8(5) 9(1)
10(3)