English Questions And Answers
Here you can find English Questions and Answers.
Why English Questions and Answers Required?
In this English Questions and Answers section you can learn and practice English Questions and Answers to improve your skills in order to face technical inerview conducted by Banks. By Practicing these
interview questions, you can easily crack any Bank Exams interview.
Where can I get English Questions and Answers?
AllIndiaExams provides you lots English Questions and Answers with proper explanation. Fully solved examples with detailed answer description. All students, freshers can download English Questions and
Answers as PDF files and eBooks.
How to solve these English Questions and Answers?
You no need to worry, we have given lots of English Questions and Answers and also we have provided lots of FAQ's to quickly answer the questions in the Bank Exams interview.
English Questions And Answers
1. Directions (1-5) : Read the following passage to answer the given questions based on it. Some words/phrases are printed in bold to help you locate them while answering some of the questions.
India's manufacturing growth fell to its lowest in more than two years in September, 2011, reinforcing fears that an extended period of high policy rates is hurting growth, according to a closely watched index.
The HSBC India Purchasing Managers' Index (PMI), based on a survey of over 500 companies, fell to 50.4 from 52.6 in august and 53.6 in july. It was the lowest since March 2009, when the reading was below
50, indicating contraction. September's index also recorded the biggest one-month fall since November 2008.
The sub index for new orders, which reflects future output, declined for the sixth successive month, while export orders fell for a third month on the back of weakness in global economy.
The Reserve Bank of India (RBI) last week indicated it was not done yet with monetary policy tightening as inflation was still high. The bank has already raised rates 12 times since March 2010 to tame inflation,
which is at a 13-month high of 9.78%.
Economy expect the RBI to raise rates one more time but warn that targeted growth will be hard to achieve if the slump continues. "This(fall in PMI) was driven by weaker orders, with export orders still
contracting due to the weaker global economic conditions," HSBC said in a press release quoting its chief economist for India&ASEAN.
PMI is considered a fairly good indicator of manufacturing activity the world over, but in the case of India, the large contribution of the un organised sector yields a low correlation with industrial growth.
However, the Index for Industrial Production (IIP) has been showing a weakening trend, having slipped to a 21-month low of 3.3% in July. The core sector, which consists of eight infrastructure industries and
has a combined weight of 37.9% in the IIP, also grew at only 3.5% in August.
The PMI data is in line with the suffering manufacturing activity in India as per other estimates. Producers are seeing that demand conditions are softening and the outlook is uncertain, therefore they are
producing less.
Employment in the manufacturing sector declined for the second consecutive month, indicating it too was under pressure. This could be attributed to lower requirement of staff and rise in resignations as higher
wage requests go unfulfilled, the HSBC statement said.
On the inflation front, input prices rose at an 11-month low rate, but despite signs of softening, they still remain at historically high levels.
While decelerating slightly, the readings for input and output prices suggest that inflation pressures remain firmly in place.
Most economists feel the RBI is close to the end of its rate hike cycle. Even the weekly Wholesale Price Index (WPI) estimates have started showing signs of softening, having fallen more than one percentage
point.
The PMI is based on surveys of
English Questions And Answers
2. Which year did PMI record the biggest one-month fall since 2008?
English Questions And Answers
3. Which of the following explains the phrase, as used in the passage,-"...it was not done yet"?
English Questions And Answers
4. Which of the following is indicated by the sub Index for new orders?
English Questions And Answers
5. How many Companies are included in PMI data from India?
English Questions And Answers
Directions (6-10) : Read the following passage to answer the given questions based on it. Some words/phrases are printed in bold to help you locate them while answering some of the questions.
India's manufacturing growth fell to its lowest in more than two years in September, 2011, reinforcing fears that an extended period of high policy rates is hurting growth, according to a closely watched index.
The HSBC India Purchasing Managers' Index (PMI), based on a survey of over 500 companies, fell to 50.4 from 52.6 in august and 53.6 in july. It was the lowest since March 2009, when the reading was below
50, indicating contraction. September's index also recorded the biggest one-month fall since November 2008.
The sub index for new orders, which reflects future output, declined for the sixth successive month, while export orders fell for a third month on the back of weakness in global economy.
The Reserve Bank of India (RBI) last week indicated it was not done yet with monetary policy tightening as inflation was still high. The bank has already raised rates 12 times since March 2010 to tame inflation,
which is at a 13-month high of 9.78%.
Economy expect the RBI to raise rates one more time but warn that targeted growth will be hard to achieve if the slump continues. "This(fall in PMI) was driven by weaker orders, with export orders still
contracting due to the weaker global economic conditions," HSBC said in a press release quoting its chief economist for India&ASEAN.
PMI is considered a fairly good indicator of manufacturing activity the world over, but in the case of India, the large contribution of the un organised sector yields a low correlation with industrial growth.
However, the Index for Industrial Production (IIP) has been showing a weakening trend, having slipped to a 21-month low of 3.3% in July. The core sector, which consists of eight infrastructure industries and
has a combined weight of 37.9% in the IIP, also grew at only 3.5% in August.
The PMI data is in line with the suffering manufacturing activity in India as per other estimates. Producers are seeing that demand conditions are softening and the outlook is uncertain, therefore they are
producing less.
Employment in the manufacturing sector declined for the second consecutive month, indicating it too was under pressure. This could be attributed to lower requirement of staff and rise in resignations as higher
wage requests go unfulfilled, the HSBC statement said.
On the inflation front, input prices rose at an 11-month low rate, but despite signs of softening, they still remain at historically high levels.
While decelerating slightly, the readings for input and output prices suggest that inflation pressures remain firmly in place.
Most economists feel the RBI is close to the end of its rate hike cycle. Even the weekly Wholesale Price Index (WPI) estimates have started showing signs of softening, having fallen more than one percentage
point.
Which of the following is the prediction of economists about RBI's rate hike cycle, as per the passage?
English Questions And Answers
7. Which of the following is not true about PMI data in India?
English Questions And Answers
8. PMI is used _____
English Questions And Answers
9. Which of the following is indicated as one of the reasons for the fall in PMI?
English Questions And Answers
10. Which of the following is correct in the context of the passage?