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Explore popular questions from Passage Completion for IBPS. This collection covers Passage Completion previous year IBPS questions hand picked by experienced teachers.

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Passage Completion

Correct Marks 1

Incorrectly Marks -0.25

Q 1. In the following question, a short passage is given with one of the lines in the passage missing and represented by a blank. Select the best out of the five answer choices given, to make the passage complete and coherent.
After the East Asia crisis, the World Bank conducted a study on the underlying reasons for the crisis. It was found that at least a major part of the fundamental responsibility was on banks, which had understated their non performing accounts by as much as 47%. Since this was a study and not an investigation ........... . Nevertheless, the Basel committee on supervision did take cognizance, and issued circulars and directives not only on supervision, but also on Internal Functional Management. It will be remembered by those interested that Basel committee had also acted expeditiously after the Barring Bank's failure, to separate treasury and lending operations from the decision making processes. Bank failures are nothing new in the world, although we in India have been insulated from such traumas for more than two decades.

A

the findings were not taken note of

B

the findings were not taken seriously

C

the findings were not legally binding on any one

the fallout from this revelation was only taken note of

E

the fallout from this revelation was seriously taken

Explanation

As a study report is not a legal document it is not binding on anyone. Sentence represents study in a lighter vein so it must not be taken seriously but as the study is done there must be some purpose of it and results at least is taken note of. This logic brings to the option (d) which is correct part to complete the incomplete sentence of passage.

Correct Marks 1

Incorrectly Marks -0.25

Q 2. In the following questions a short passage is given with one of the lines in the passage missing and represented by a blank. Select the best out of the five answer choices given, to make the passage complete and coherent.
But no depreciation is allowed on Live Stock i.e. Horses. Although the horses are in the nature of fixed assets in the hands of the owner, no depreciation is allowed under Income Tax Act. Instead when the animal dies or becomes permanently useless the entire value of the horse can be written off as revenue loss in the year in which it dies or becomes permanently useless. When the gross income exceeds the total expenditure, it results in net profit which will be taxable at usual rates of tax applicable to the person ....................... . Although the live stock is in the nature of fixed assets of the owners buy them, maintain them, train them, and participate in races and sell them or send them away to studs when they are useless.

but when the gross income is less than the expenditure, then results in loss

B

but when the gross income is higher than the expenditure, then results in loss

C

but when the gross income is equal to expenditure then result is loss

D

but when the gross income is there loss is the result

E

but when the gross income is increasing then result is becoming evident

Explanation

It is only logical option other options do not follow any logic. If income is less than expenditure is less than income than there is definitely a loss.

Correct Marks 1

Incorrectly Marks -0.25

Q 3. Which of the phrases (a), (b), (c) and (d) given below each statement should be placed in the blank space provided so as to make a meaningful and grammatically correct sentence? If none of the sentences is appropriate, mark , ie ‘None of these', as the answer.
Overlooking the fact that water scarcity intensifies during summer, ____________.

A

the government issued guidelines to all builders to limit their consumption to acceptable limits

B

provision for rainwater harvesting has been made to aid irrigation in drought-prone areas

C

the water table did not improve even after receiving normal monsoon in the current year

many residential areas continue to use swimming pools, wasting large quantities of water

E

None of these

Correct Marks 1

Incorrectly Marks -0.25

Q 4. Which of the phrases (a), (b), (c) and (d) given below each statement should be placed in the blank space provided so as to make a meaningful and grammatically correct sentence? If none of the sentences is appropriate, mark , ie ‘None of these', as the answer.
He has lost most of his life's earning in the stock market but ______________ .

he still seems to be leading his life luxuriously and extravagantly

B

he could not save enough to repay his enormous debts

C

stock market is not a safe option to invest money unless done with caution

D

experts have been suggesting to avoid investments in stock market because of its unpredictable nature

E

None of these

Correct Marks 1

Incorrectly Marks -0.25

Q 5. Find the statement which should be placed in the blank space provided so as to make a meaningful and grammatically correct sentence? If none of the sentences is appropriate, mark , ie ‘None of these', as the answer.
Achieving equality for women is not only a laudable goal, __________________

A

political reforms are also neglected preventing women from entering legislatures and positions of power

B

the problem is also deep-rooted in the society and supported by it

C

their empowerment is purposefully hampered by people with vested interests in all sections of the society

D

it is also equally difficult to achieve and maintain for a long term

None of these

Correct Marks 1

Incorrectly Marks -0.25

Q 6. Which of the phrases (a), (b), (c) and (d) given below each statement should be placed in the blank space provided so as to make a meaningful and grammatically correct sentence? If none of the sentences is appropriate, mark , ie ‘None of these', as the answer.
_____________ or else they would not keep electing him year after year.

A

The party leader gave a strong message to the mayor for improving his political style

B

Owing to numerous scandals against the mayor, he was told to resign from the post immediately

C

The mayor threatened the residents against filing a complaint against him

The residents must really be impressed with the political style of their mayor

E

None of these

Correct Marks 1

Incorrectly Marks -0.25

Q 7. Find the statement which should be placed in the blank space provided so as to make a meaningful and grammatically correct sentence? If none of the sentences is appropriate, mark (e) as the answer.
________ the soil today is nowhere as rich in native minerals as it used to be some centuries ago.

A

As there is a growing consent among farmers regarding limiting the use of chemical fertilizers

B

As the chemical inputs in agriculture improved the yield many folds

Owing to the uninhibited use of chemical inputs in agriculture

D

Awareness among farmers regarding the side effects of chemical farming grew when

E

None of the above

Correct Marks 1

Incorrectly Marks -0.25

Q 8. Which statement should be placed in the blank space provided so as to make a meaningful and grammatically correct sentence?
With limited fiscal and monetary space available to provide a direct stimulus to domestic growth, an expenditure switching policy is needed that reduces government's revenue spending by cutting subsidies and using the resources so released to step up public capital expenditures. Such an action would also provide some space for monetary policy, but, importantly, lower interest rates alone are unlikely to jumpstart the investment cycle. Fast-tracking of infrastructure projects and pending regulatory clearances _____________________ . The Government has initiated some steps to augment the production potential of core sectors, in particular mining, in the recent period.

A

will be detrimental to exports

B

will hamper the economic growth

will help to boost investments

D

will encourage to boost the performance of core industries.

E

will lead revival of industrial growth

Explanation

As the sentence preceding to the blank cites the investment cycle, the option (c) seems to be the most logical. Other options do not fit in the blank.

Correct Marks 1

Incorrectly Marks -0.25

Q 9. Find the statement which should be placed in the blank space provided so as to make a meaningful and grammatically correct sentence?
As allegations of crores of rupees changing hands to permit illegal mining began to fly thick and fast, ________________.

government ordered an enquiry which exposed a nexus between mine operators and bureaucrats

B

it caused great damage to the surrounding ecosystem and the environment in general

C

the officials have been irresponsible in failing to bring it to the notice of the court in time

D

the powerful mining lobby had bribed the officials to obtain permit for mining on ecologically sensitive land

E

None of these