Directions (1-5): Read each sentence, divided into five parts, to find out whether there is any grammatical or idiomatic error in it. The error, if any, will be in one part of the sentence. Below each sentence you are provided with five options. The first three options suggest you the possible sequences of the correct parts of the sentence. Choose the sequence which consists of correct parts of the sentence. If there is no error in the sentence, choose option (d). If none of the options gives the correct sequence and if there is indeed an error in some part of the sentence, choose (e) as your option.
1. The recent Reserve Bank of India (RBI) discussion paper on ‘Governance in commercial banks in India’ seeks(A)/ to bring about path-breaking reform in private sector, national and regional banks. (B)/ What’s proposed are boarded oversight and evaluation structures for compliance, (C)/risk-taking, internal audit and vigilance, so as to proactively boost government standards in Indian banking. (D)/ No Error (E)
a) only A
b) only D
c) A and C
d) B and D
e) No error
2. The Indian Railways’ move to rope private players to operate 151 trains has drawn interest (A)/from top companies, including Tatas, Adani Group, Alstom, (B)/ and Miami-based Norwegian Cruise Line, (C)/the world’s third-largest cruise line in terms of the amount of passengers. (D)/ No Error (E)
a) only A
b) only D
c) A and D
d) B and C
e) No error
3. The paper suggests that the chief risk officer and the chief compliant office report to the risk management committee of the board. (A)/Similarly, the head of internal audit and (B)/the chief of internal vigilance would perform with supervision(C)/ of the audit committee of the board. (D)/ No Error (E)
a) only A
b) only D
c) A and C
d) B and C
e) No error
4. Their’s a solid case for an outside agency(A)/ to monitor board performance as well. (B)/Compensation levels across the board need to be enhanced, staggered and backloaded, (C)/ to be deterred risky investments that have a way of going bad. (D)/ No Error (E)
a) only A
b) only D
c) A and C
d) A and D
e) No error
5. The regulation of bank bonuses by RBI seem(A)/ to be a work in progress. Discussion of bank’s governance(B)/ reform would incomplete without discussion of banking supervision reform, (C)/on which there is little clarity. (D)/ No Error (E)
a) only A
b) only D
c) A and C
d) B and C
e) No error
Answers:-
1. Sol. D The error is in part B and D
In Part B, “national” should be replaced with “nationalised”
In Part D, “government” should be replaced with “governance”.
2. Sol. C The error is in part A and D
In Part A, “rope in” which means to persuade should be replaced with “rope”.
In Part D, “amount” should be replaced with “number”.
3. Sol. C The error is in part A and C
In Part A, “compliant” should be replaced with “compliance”
In Part C, “under” should be used at the place of “with”.
4. Sol. D The error is in part A and D
In Part A, “their’s” should be replaced with “there’s”.
In Part D, “to be deterred” should be replaced with “to deter”.
5. Sol. C The error is in part A and C
In Part A, “seem” should be replaced with “seems”.
In Part C, “be” should be used before “incomplete”.