Friday, 23 June 2017

Spotting Errors in English


Spotting Errors in English – Tips for SBI PO

Even those of us who are well-versed with English end up making the silliest of errors in grammar. It is a very natural tendency but error-spotting is not an art that one can’t master. It is just a matter of swearing by some guidelines and practice! Here are 26 tips for error spotting in English:
  1. Certain nouns possess a singular form but still represent plurality and thus, take a plural verb when used in a sentence.
E.g. Cattle, peasantry, people, clergy, police.
Thus,
  • The Police has come (Incorrect)
  • The Police have come (Correct)
  1. Certain nouns always take the plural verb because their form is always plural.
E.g. Scissors, trousers, spectacles, thanks, premises.
Thus,
  • The scissors is kept on the table. (Incorrect)
  • The scissors are kept on the table. (Correct)
  1. When a number is followed by a noun denoting measure, length, money, number or weight, the form of the nouns does not change so long as they are followed by another noun or pronoun.
E.g. Million, pair, metre, year, dozen, foot, head.
Thus,
  • This is a nine-metres cloth. (Incorrect)
  • This is a nine-metre cloth. (Correct)
  1. When a number is followed by a noun denoting measure, length, money, number or weight, but these are not followed by another noun or pronoun, then they take the plural form.
    E.g. Million, pair, metre, year, dozen, foot, head.
Thus,
  • This sari is nine yard long. (Incorrect)
  • This sari is nine yards long. (Correct)
  1. Certain nouns, especially of the collective category, are used as singular when they specify a unit.
E.g. Public, team, committee, government, audience, orchestra, company, jury.
Thus,
  • The public were unanimous in their opinion. (Incorrect)
  • The public was unanimous in its opinion. (Correct)
  1. Certain nouns, especially of the collective category, are used in plural when they specify a difference of opinion or class.
    E.g. Public, team, committee, government, audience, orchestra, company, jury.
Thus,
  • The jury was divided in its opinion. (Incorrect)
  • The jury were divided in their opinion. (Correct)
  1. If the pronoun ‘one’ is used, it must be maintained throughout the sentence.
Thus,
  • One must respect his elders.  (Incorrect)
  • One must respect one’s elders. (Correct)
  1. The word ‘whose’is used for living people and ‘which’ is used for non-living things or ideas.
Thus,
  • Which box is kept on the table? (Incorrect)
  • Whose box is kept on the table?  (Correct)
  1. ‘Less’ is used to denote quantity while ‘fewer’ is used to denote number.
Thus,
  • No less than twenty people were (Incorrect)
  • No fewer than twenty people were (Correct)
  1. ‘One of’is always followed by noun in the plural form.
Thus,
  • She is one of the least important person in the office. (Incorrect)
  • She is one of the least important people in the office. (Correct)
  1. Only ‘than’ should be used after ‘no other’
    Thus,
  • I like no other movie but Titanic. (Incorrect)
  • I like no other movie than Titanic. (Correct)
  1. After the word ‘Know’, ‘how, ‘what’ or ‘when’ should be used before using the infinitive.
Thus,
  • I know to speak English. (Incorrect)
  • I know how to speak English. (Correct)
  1. If the verb indicates a purpose, an infinitive must be used and if the verb indicates a cause, a gerund must be used.
Thus,
  • He went to the mall for watching a movie. (Incorrect)
  • He went to the mall to watch a movie. (Correct)
  • He was suspended to show indiscipline. (Incorrect)
  • He was suspended for showing indiscipline.(Correct)
14.‘As’ is not used with verbs like ‘appointed’, ‘elected’ , ‘considered’, ‘called’ but it is used with the word ‘regard’.
Thus,
  • He was elected as Secretary of the organisation. (Incorrect)
  • He was elected Secretary of the organisation. (Correct)
  • I regard Sahil my best friend. (Incorrect)
  • I regard Sahil as my best friend. (Correct)
15. Adverbs should not be confused for adjectives. An adjective describes the characteristic of the subject while an adverb describes the action of the verb.
Thus,
  • The horse looked beautifully. (Incorrect)
  • The horse looked beautiful. (Correct)
  1. Question tags are always the opposite of the sentence which means that if the sentence is positive, the question tag is negative and vice versa.
Thus,
  • You were dancing, were you? (Incorrect)
  • You were dancing, weren’t you? (Correct)
17. An infinitive verb should never be split.
Thus,
  • I request you to kindly tell me. (Incorrect)
  • I request you kindly to tell me. (Correct)
  1. A pronoun after ‘like’, ‘unlike’ and ‘let’ takes an objective case.
Thus,
  • You will never find a woman like she. (Incorrect)
  • You will never find a woman like her. (Correct)
  • Let I do it. (Incorrect)
  • Let me do it. (Correct)
  1. The relative pronoun ‘that’is used instead of ‘who’ or ‘which’ after adjectives in the superlative degree.
Thus,
  • This is the best which she could do. (Incorrect)
  • This is the best that she could do. (Correct)
  1. To show equality ‘as’is used both before and after the adjective.
Thus,
  • I can run as fast, if not faster than you. (Incorrect)
  • I can run as fast as, if not faster than you. (Correct)
  1. Even though‘More than one’indicates a plural sense, it agrees with a singular noun and takes a singular verb.
Thus,
  • More than one students completed their project. (Incorrect)
  • More than one student completed his project. (Correct)
  1. ‘Scarcely’and ‘hardly’ are followed by ‘when’ and not by ‘than’.
Thus,
  • Hardly had the teacher left the room than the pupils started enjoying. (Incorrect)
  • Hardly had the teacher left the room when the pupils started enjoying. (Correct)
  1. Though’ is followed by ‘yet’and not by ‘but’.
Thus,
  • Though he is poor but he is honest. (Incorrect)
  • Though he is poor, yet he is honest. (Correct)
  1. ‘Lest’must be followed by ‘should’ or by nothing at all and ‘Such’ must be followed by ‘as’.
Thus,
  • Work hard lest you will fail. (Incorrect)
  • Work hard lest you should fail. (Correct)
  • Work hard lest you fail. (Correct)
  • He is such a writer that everybody should read his books. (Incorrect)
  • He is such a writer as everybody should read his books. (Correct)
  1. ‘Unless’ expresses a condition and is always used in the negative sense. Thus ‘not’ is never used with ‘unless’.
Thus,
  • Unless you do not work hard, you will not excel in the examination. (Incorrect)
  • Unless you work hard, you will not excel in the examination. (Correct)
  1. ‘When’denotes a general sense and ‘while’ implies a time duration of doing something.
Thus,
  • When learning how to sing, technique is of utmost importance. (Incorrect)
  • While learning how to sing, technique is of utmost importance. (Correct)
Now that you know spotting errors in English, you can now practice some exercises on the same to get a good grip on the topic. Keep looking this space as we would be coming up with more related articles to make your preparation journey easy. Don’t forget to look at https://allactivites.blogspot.in/2017/06/26-tips-for-spotting-errors-in-english.html
Let us how you are going about your SBI PO Preparation. Tell us about your experience with the actual exam. We are keen to know.

Banking Awareness,



Q1. ECGC Limited (Export Credit Guarantee Corporation of India Ltd) is a company wholly owned by?
(a) RBI
(b) Government of India
(c) IRDAI
(d) NABARD
(e) Finance Ministry

S1. Ans.(b)
Sol. ECGC Ltd. (Formerly Export Credit Guarantee Corporation of India Ltd.), wholly owned by Government of India, was set up in 1957 with the objective of promoting exports from the country by providing Credit Risk Insurance and related services for exports. It functions under the administrative control of Ministry of Commerce & Industry, and is managed by a Board of Directors comprising representatives of the Government, Reserve Bank of India, banking, and insurance and exporting community. Over the years it has designed different export credit risk insurance products to suit the requirements of Indian exporters and commercial banks extending export credit.

Q2. The Headquarters of Kotak Mahindra Bank is located in _______
(a) Mumbai
(b) Hyderabad
(c) Chennai
(d) Bangaluru
(e) New Delhi

S2. Ans.(a)
Sol. Kotak Mahindra Bank is an Indian private sector banking headquartered in Mumbai, Maharashtra.
Q3. Minimum amount that can be invested in Kisan Vikas Patra(KVP) Certificate is _________
(a) Rs.100
(b) Rs.200
(c) Rs.500
(d) Rs.1000
(e) Rs.1500

S3. Ans.(d)
Sol. KVP certificates are available in the denominations of Rs 1000, Rs 5000, Rs 10000 and Rs 50000. The minimum amount that can be invested is Rs 1000. However, there is no upper limit on the purchase of KVPs.

Q4. National Housing Bank (NHB), a wholly owned subsidiary of_________
(a) RBI
(b) Government Of India
(c) IRDAI
(d) State Government
(e) NABARD

S4. Ans.(a)
Sol. National Housing Bank (NHB) is an apex level institution for housing. NHB was set up on July 9, 1988 under the National Housing Bank Act, 1987. NHB is wholly owned by Reserve Bank of India, which contributed the entire paid-up capital.

Q5. Where is the corporate office of Micro Units Development and Refinance Agency (MUDRA) Bank?
(a) Kolkata
(b) Bengaluru
(c) Mumbai
(d) New Delhi
(e) Chennai

S5. Ans.(c)
Sol. Micro Units Development and Refinance Agency Bank (or MUDRA Bank) is a public sector financial institution has been corporate office in Mumbai.

Q6. The amount invested in Kisan Vikas Patra(KVP) would get doubled in ________ months.
(a) 100
(b) 105
(c) 110
(d) 115
(e) 113

S6. Ans.(e)
Sol. The amount invested in Kisan Vikas Patra would get doubled in 113 months. The interest rate of KVP is 7.6 per cent annually.

Q7. Which of the following holds majority stake in NABARD?
(a) RBI
(b) Government Of India
(c) IRDAI
(d) SEBI
(e) None of the given options is true

S7. Ans.(b)
Sol. National Bank for Agriculture and Rural Development (NABARD) is an apex development bank in India, having headquarters in Mumbai, Maharashtra. RBI sold its stake in NABARD to the Government of India, which now holds 99.60% stake.

Q8. The Regional Rural Banks were owned by _________
(a) Central Government
(b) State Government
(c) Sponsor Banks
(d) All of the Above
(e) None of the given options is true

S8. Ans.(d)
Sol. The Regional Rural Banks were owned by the Central Government, the State Government and the Sponsor Bank. Central Government-50%, State Government- 15% and Sponsor Banks- 35%.

Q9. Authorised capital of National Payments Corporation of India (NPCI) is _________ and paid up capital is _______
(a) Rs 300 crore and Rs 100 crore
(b) Rs 350 crore and Rs 50 crore
(c) Rs 200 crore and Rs 100 crore
(d) Rs 100 crore and Rs 50 crore
(e) Rs 600 crore and Rs 500 crore

S9. Ans.(a)
Sol. NPCI was incorporated in December 2008 and the Certificate of Commencement of Business was issued in April 2009. It was incorporated as a Section 25 company under Companies Act 1956 (now Section 8 of Companies Act 2013) and is aimed to operate for the benefit of all the member banks and their customers. The authorized capital was pegged at Rs 300 crore and paid up capital was Rs 100 crore. The aim is to create infrastructure of large dimension and operate on high volumes resulting in payment services at a fraction of the present cost structure.

Q10. The 5-year National saving certificate has the interest rate of- 
(a) 7.1%
(b) 7.2%
(c) 8.1%
(d) 8.2%
(e) 7.9%

S10. Ans.(e)
Sol. National Savings Certificates, popularly known as NSC, is an Indian Government Savings Bond, primarily used for small savings and income tax saving investments in India. These can be purchased from any Post Office in India by an adult (either in his/her own name or on behalf of a minor), a minor, a trust, and two adults jointly. These are issued for five and ten year maturity and can be pledged to banks as collateral for availing loans. Currently the 5-year National saving certificate has the interest rate of 7.9%.

Q11. Maximum limit (amount) that can be invested in Kisan Vikas Patra (KVP) Certificate is?
(a) Rs.100
(b) Rs.200
(c) Rs.500
(d) No limit
(e) Rs.1500

S11. Ans.(d)
Sol. KVP certificates are available in the denominations of Rs 1000, Rs 5000, Rs 10000 and Rs 50000. The minimum amount that can be invested is Rs 1000. However, there is no upper limit on the purchase of KVPs.

Q12. Financial Intelligence Unit – India (FIU-IND) was set by the Government of India on 18th November ________ as the central national agency responsible for receiving, processing, analyzing and disseminating information relating to suspect financial transactions. 
(a) 2004
(b) 2005
(c) 2006
(d) 2007
(e) 2008

S12. Ans.(a)
Sol. Financial Intelligence Unit – India (FIU-IND) was set by the Government of India vide O.M. dated 18th November 2004 as the central national agency responsible for receiving, processing, analyzing and disseminating information relating to suspect financial transactions. FIU-IND is also responsible for coordinating and strengthening efforts of national and international intelligence, investigation and enforcement agencies in pursuing the global efforts against money laundering and related crimes. 

Q13. FIU-IND is an independent body reporting directly to the Economic Intelligence Council (EIC) headed by-
(a) President of India
(b) NITI Aayog 
(c) Governor of RBI
(d) Finance Minister
(e) Government of India

S13. Ans.(d)
Sol. Financial Intelligence Unit – India (FIU-IND) was set by the Government of India vide O.M. dated 18th November 2004 as the central national agency responsible for receiving, processing, analyzing and disseminating information relating to suspect financial transactions. FIU-IND is also responsible for coordinating and strengthening efforts of national and international intelligence, investigation and enforcement agencies in pursuing the global efforts against money laundering and related crimes. FIU-IND is an independent body reporting directly to the Economic Intelligence Council (EIC) headed by the Finance Minister.

Q14. The record of all economic transactions between the residents of a country and the rest of the world in a particular period is known as?
(a) Balance in Current Account
(b) Balance in Capital Account
(c) Trade Settlements
(d) Balance of Trade
(e) Balance of Payments

S14. Ans.(e)
Sol. The balance of payments (BOP) is the method countries use to monitor all international monetary transactions at a specific period of time. A record of all transactions made between one particular country and all other countries during a specific time period.

Q15. Public Debt Management Agency (PDMA) is being to set up to prevent leakages and development of the-
(a) Treasury Market
(b) Bond Market
(c) Money Market
(d) Capital Market
(e) Call Money Market

S15. Ans.(b)
Sol. The Finance Ministry has set up a Public Debt Management Cell (PDMC) with a view to streamline government borrowings and better cash management with the overall objective of deepening bond markets.

QUIZ-23


Q1. India and South Korea have signed an Inter-governmental Memorandum of Understanding (MoU) for Defence Industry cooperation between their shipbuilding yards. What is the capital of South Korea?
Answer: Seoul

Q2. Which insurance company has become the first re-insurer to open an office at India’s first International Financial Services Centre (IFSC) at Gujarat International Finance Tec-City (GIFT City)?
Answer: General Insurance Corporation of India

Q3. Minister of Law and Justice Ravi Shankar Prasad has inaugurated welfare initiatives of the Department of Justice. These initiatives are-
Answer: Pro-bono legal services, Tele-law service and Nyaya Mitra Project

Q4. The Reserve Bank of India has signed a Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with ____________.
Answer: Bank of Guyana

Q5. The National Disaster Management Authority (NDMA) conducted its first-ever mock exercise on forest fire in ___________ to help improve the preparedness and response mechanism in the event of a forest fire.
Answer: Uttarakhand

Q6. Panchayati Raj Diwas was celebrated recently (April 24) across India. Which Gram Panchayat was the first to become open defecation free (ODF) in the country.
Answer: Kuther Gram Panchayat

Q7. Name the Bollywood film that has recently won the best film honor at the Hong Kong International Film Festival.
Answer: Newton

Q8. World Book and Copyright Day (WBCD) is observed globally on __________.
Answer: 23 April

Q9. Name the player who has recently won the Men's Singles title of Monte Carlo Masters Tennis tournament 2017.
Answer: Rafael Nadal

Q10. Various Sports including Cricket and Sambo has been removed from the programme list in order to remove burden from the organizers of the 2018 Asian Games. The Asian Games 2018 will be held in _________.
Answer: Jakarta and Padang

Q11. China and Iran have recently signed the first agreement on the reconfiguration of Iran's heavy water reactor. The rector is named as ___________.
Answer: Arak Reactor

Q12. World Malaria Day is observed globally on ___________.
Answer: 25 April

Q13. Name the Indian shot putter who has clinched gold in the first leg of the Asian Grand Prix Athletics Meet 2017.
Answer: Manpreet Kaur

Q14. Name the environmental activist who has been selected for Goldman Environmental Prize 2017 (also called as Green Nobel) from Asia region for championing the cause of State’s Dongria Kondh tribals and safeguarding their land and culture.
Answer: Prafulla Samantara

Q15. In the recent figures released by the Stockholm International Peace Research Institute (SIPRI) India stood on which rank in the military expenditure?
Answer: 5th

Thursday, 22 June 2017

Daily GK Update 22nd June 2017


1. Mumbai most expensive for expatriates in India: Mercer's Survey

i. Mumbai is the most expensive city for expatriates in India and is ranked higher than major global cities such as Paris, Canberra, Seattle and Vienna.  According to Mercer's 23rd annual Cost of Living Survey, Mumbai is placed 57th on the list while New Delhi was placed at 99. Chennai (135), Bangalore (166) and Kolkata (184) were the other Indian cities on the list.
ii. Luanda, the capital of Angola, was the costliest city, driven by cost of goods and security, followed by Hong Kong and Tokyo at the second and third places, respectively.

Important Takeaways-
  • Luanda is the Capital of Angola.
  • Mercer is the world's largest human resources consulting firm, Headquartered in New York City.

2. Indore- India’s first city to use robot to control unruly traffic

i. The number one clean city of India - Indore has got another milestone to its name. This commercial capital of Madhya Pradesh has reportedly become the first city in India where the robot is being used on an experimental basis to control its ever growing and unruly traffic.
ii. The traffic police in association with a private engineering college of the city for the first time has installed a metallic robot at a busy MR 9 intersection on an experimental basis to control the chaotic traffic in the locality.

Important Takeaways-
  • As per the recent survey of Government, Indore is the Cleanest city in India.
  • Indore is the City in Madhya Pradesh.

3. Qatar Airways is voted the World’s Best Airline in 2017

i. Qatar Airways was announced the World’s Best Airline at the SKYTRAX 2017 World Airline Awards. Qatar Airways was voted Best Airline by travelers across the world in the annual passenger survey.
ii. The Doha-based carrier has now won the prestigious Airline of the Year title for a fourth time. Qatar Airways also won the World’s Best Business Class, the World’s Best First Class Lounge and the Best Airline in the Middle East awards.
iii. On the other hand, Malaysia-based Air Asia won awards for being the Best Low-Cost Airline in Asia for a month year in the row, and also as World's Best Low-Cost Airline Premium Cabin 2017.
The world's Top 5 airlines are-
  1. Qatar Airways,
  2. Singapore Airlines,
  3. ANA All Nippon Airways,
  4. Emirates,
  5. Cathay Pacific.
Important Takeaways-
  • Dubai-based Emirates was the winner of SKYTRAX 2016 World Airline Awards.

4. China unveils World’s first train that runs on Virtual Tracks

i. China has unveiled the world's first train that operates on a virtual track using sensor technology instead of metal rails. The new trains are battery powered and are nonpolluting.
ii. The train's top speed is 70 kilometers per hour, and it can travel 25 kilometers in distance after just 10 minutes of charging. The train will be ready to roll out to the public by 2018.

Static Takeaways-
  • The capital of China is  Beijing and its Currency is Renminbi.
  • The President of China is Xi Jinping.

5. India, Russia identify key areas to boost cooperation in Science & Technology sector

i. India and Russia have identified key areas to bolster cooperation in the science and technology sector, including space and marine technologies, IT and deep ocean engineering. The areas were chosen at the first meeting of India-Russia Joint Committee on Science and Technology Cooperation in the Siberian city of Novosibirsk.
ii. The meeting was co-chaired by Defence Minister Arun Jaitley and Russian Deputy Prime Minister Dmitryi Rogozin. Inspired by India's 'Make in India' initiative, Moscow has launched a “Do It In Russia” initiative to promote local manufacturing and technology development.

Important Takeaways-
  • The Capital of Russia is Moscow and its Currency is Russian ruble.
  • The President of Russia is Vladimir Putin.

6. SEBI relaxes norms for banks to take over stressed assets of listed companies to recover bad loans

i. Capital markets regulator, SEBI (Securities and Exchange Board of India) relaxed takeover norms for the acquisition of stressed assets of listed companies to help the government and the RBI in their efforts to tackle bad loans.
ii. SEBI Chairman Ajay Tyagi took the decision after a board meeting in Mumbai. SEBI’s board also approved a proposal to tighten rules for participatory notes through the imposition of a regulatory fee on issuers of such instruments. SEBI will also issue a discussion paper for easier registration of foreign investors.

The Important decisions in the meeting are as follows:

1. Restructuring in stressed companies.
2. Resolution plans approved under the Insolvency and Bankruptcy Code, 2016
3. Extension of Lock-in-relaxation to Category II Alternative Investment Funds (AIF)
4. Consultation paper on Easing of access norms for investment by FPIs

Banking Takeaways-
  • Mr. Ajay Tyagi is the Chairman of SEBI.
  • SEBI is Headquartered in Mumbai.
  • SEBI was established in 1992.

7. Bank credit grows at 6.02%, deposits at 11.19%: RBI data

i. Banks’ credit growth was up 6.02% to Rs76,58,212 crore in the fortnight ended 9 June from Rs72,22,939 crore in the same period of fiscal 2016, according to the data released by the Reserve Bank of India (RBI).
ii. The growth advanced in the reporting period was slightly higher than the previous fortnight ended May 26, 2017.

8. Axis Bank, Kochi Metro launches India’s first single-wallet contactless, Open Loop Metro Card

i. Axis Bank, India's third largest private sector bank in association with Kochi Metro Rail Corporation (KMRL) has launched KMRL Axis Bank 'Kochi1' Card, India's first open loop EMV contactless metro card that would make travel a convenient and hassle free experience for commuters in Kochi.
ii. Axis Bank has partnered with National Payments Corporation of India (NPCI) in developing this transit EMV contactless specification on interoperable open standards. The prepaid card has integrated benefits and offers a plethora of services to commuters such as:
1. The shopping experience at merchant outlets: No hassle of carrying multiple cards.
2. Instant issuance of Personalized Cards.
3. Convenience of recharge: The commuter can easily top up the card through cash or debit or credit card.

Important Takeaways-
  • Shikha Sharma is the MD and CEO Axis Bank.
  • Shri Rajiv Gauba is the Chairman of KMRL.

9. Manappuram Finance appoints Jeevandas Narayan as managing director of Manappuram Home Finance

i. Manappuram Finance has announced the appointment of Jeevandas Narayan as the Managing Director and Subhash Samant as CEO of its fully-owned home loans subsidiary, Manappuram Home Finance.
ii. Prior to this Narayan, who has more than 37 years of experience in the financial services industry, was Managing Director of State Bank of Travancore.

Banking Takeaways-
  • Manappuram Finance headquarters in Thrissur Kerala.
  • It was founded in 1949.

10. Indian agri microbiologist Shrihari Chandraghatgi given environment award in Japan

i. Indian agricultural microbiologist Shrihari Chandraghatgi has been conferred the Ministry of Environment Award for 2017 in Japan for developing cutting edge technologies to address burning environmental problems.
ii. Chandraghatgi, who is President and CEO of EcoCycle Corporation, is the first foreigner to be given the Ministry of Environment Award, the highest award in the environmental sector in Japan.

Important Takeaways-
  • The Capital of Japan is Tokyo.
  • The Currency of Japan is Japanese yen.
  • Shinzo Abe is the Prime Minister of Japan.

11. Vladimir Voronkov appointed as Under-Secretary-General of UN Counter-Terrorism Office

i. United Nations Secretary-General António Guterres has appointed Vladimir Ivanovich Voronkov of the Russian Federation as Under-Secretary-General of the newly created United Nations Counter-Terrorism Office. The office was established under the General Assembly resolution 71/291 on 15 June 2017.
ii. He is currently Ambassador and Permanent Representative of the Russian Federation to the International Organizations in Vienna.

Important Takeaways-
  • 9th Secretary-General of United Nations is Antonio Guterres and its headquarter is in New York City, USA.

12. President of Vanuatu Baldwin Lonsdale dies aged 67

i. The president of Vanuatu, Womtelo Reverend Baldwin Lonsdale, has died suddenly at the age of 67.
ii. President Baldwin Lonsdale was elected in September 2014, the first from Torba Province. 
Static Takeaways-
  • The Capital of Vanuatu is Port Vila.
  • Its Currency is Vanuatu Vatu.