Download as pdf or txt
Download as pdf or txt
You are on page 1of 8

Downloaded From : http://www.bankpoclerk.

com

IBPS CLERK

IBPS CLERK

IBPS CLERK
04-012-2011

Test II the group buying model.


English Language The group buying model has been applied
in different industries, from cars to baby
51-65. Read the following passage to merchandise to pet care product. Now, the
answer the given question based trend is catching on in the real estate sector,
on it. Some words/phrases are with many sites as well as broking firms
printed to bold to help you locate offering group deals on real estate projects
them white answering some of the in India.
questions. The way it works is simple. Take xxx.com
for example. This is an online and offline
A Russian Proverb advises us not to buy a integrated platform which showcases
house, but the neighbourhood. While till property. It uses social medial networks to
some years ago it was impossible to dictate let buyers known about possible good deals,
who lived with you in the same quarters, and leaving it to them to do some viral
today when you think of buying a home, marketing. Once a large group of buyers is
you could actually create you won dream thus formed, xxx.com introduces it to the
neighbourhood-thanks to the internet and developer and helps negotiate a suitable

Downloaded From : http://www.bankpoclerk.com


Downloaded From : http://www.bankpoclerk.com

IBPS CLERK

discount. Since, the developer doesn’t have Another caution is — Very often the
to pay for the marketing. It is willing builders do not offer the best inventory to
enough to pay these companies a the group in terms of location and utility.
transaction fee which is a percentage of the The buyers have to use their astute
total value of the deal. For the buyers, if judgement to avoid such traps.
offers the best rates at no fee, thus 51. The discount size on group buying,
marketing it win-win proposition for all
compared to usual discount to
involved.
speculators is usually—
The developers also benefit by getting (1) less
substantial cash flow, given them a good (2) more
amount of working capital. “In today’s real (3) equal
estate scenario, bulk buying could be the (4) unpredictable
answer to the market slump and the long
(5) much higher
awaited cash flow,” says the Founder of
xxx.com. 52. Which of the following may be the
passage?
Sometimes, the discount size is not to be (1) To reveal less discounts being
sneered at. Discounts on group buying vary offered by the developers
from 5-30 per cent, the average divergence (2) To highlight the problems of
from market rate being 25-30 per cent. housing industry
Customer ‘buy-in’ is the model. But is it a (3) To highlight the importance of
temporary fad? neighbourhood in one’s life
In a way, the online group buying set-up is (4) To provide information on
similar to the model developers share with group buying trends of
speculators, who buy in bulk even before the property
project gets kick-started and het discounts (5) To inform the buyers about
of 30-40 per cent. The pay 50 per cent of the ample supply of property
property value upfront. Group buying 53. Group buying of real estate is
companies prove more beneficial for done—
developers as they get away providing (1) mainly offline
lesser discounts than to speculators. (2) only offline
Some sound a note of caution on the trend. (3) only through brokers
Present conditions are conducive for this (4) either-on-line or offline
business model as group buying works well (5) in a secret manner only
in a situation where stocks are moving
54. xxx.com are the—
slowly, markets are jittery and there is
ample supply. It may not work in a seller’s (1) Developers
market. (2) Financiers

Downloaded From : http://www.bankpoclerk.com


Downloaded From : http://www.bankpoclerk.com

IBPS CLERK

(3) Loan providers higher feed and price, get their


(4) Speculators dream neighbourhood
(5) None of these (2) The Customer ‘buy-in’ model is
55. The group buying model certainly not dependant on market
did not start with— conditions
(1) cars (3) Group buying companies
don’t with the same objective
(2) real estate
as that of speculators
(3) pet care products
(4) The builders/developers offer
(4) baby products
the best available property to
(5) motorcycles the group buyers
56. Which of the following best (5) The Speculators generally pay
describes the meaning of the Russian 30-40 per cent of the property
proverb being quoted? value upfront even before the
(1) It is better to rent a house than project gets started
to buy it 59. In which of the following situations,
(2) Don’t buy a single flat, buy Customer ‘buy-in’ model may not
multiple flats work?
(3) Fools build houses, wise-people (1) Buyer’s market
live in them (2) When markets are booming
(4) Buy house after negotiating the with ample supply
deal (3) When there is short supply
(5) None of these (4) When house are comparatively
57. Which of the following is one of the cheap
questions posed in the passage? (5) It is a mode for all seasons
(1) Is group-buying model a 60. Which of the following is not true in
temporary fad? the context of the passage?
(2) Is the builder offering you the (1) The Speculators also buy in
best inventory? bulk
(3) Should we buy a house or the (2) Social media network is used
neighbourhood? for marketing group buying
(4) Are present market conditions (3) The group buying companies
conductive for the business? take a transaction fee from
(5) Speculators vs Groups Buyers? both Buyers as well as
58. Which of the following is true in the Developers
context of the passage? (4) The Speculators get a better
(1) The buyers, though have to pay deal in terms of discounts as

Downloaded From : http://www.bankpoclerk.com


Downloaded From : http://www.bankpoclerk.com

IBPS CLERK

compared to that of other (3) isolated (4) volatile


Group buying companies (5) impersonal
(5) The percent conditions, as
given in the passage, are not so 66-70. Which of the phrase (1), (2), (3) and
good for Developers of real (4) given below should replace the
estate phrase given in bold in the
following sentence to take the
61-63. Choose the word(s) which is most sentence grammatically
nearly the same in meaning of the meaningful and correct. If the
word/group of word printed in sentence is correct as it is and ‘No
bold, as used in the passage. correction is required’, mark (5) as
the answer.
61. dictate
(1) read (2) manipulate 66. He behaved though it was his fault,
(3) speak (4) wish but we knew he was not responsible
(5) control for it.
62. catch on (1) even though it was
(1) Continue on (2) though it was not
(2) Get interested (3) as if it was
(3) Enthusiastic about (4) despite it was not
(4) Become popular (5) No correction required
(5) Get involved 67. She never felt that it was not for her
63. fad business to get involved in
somebody else’s family matter.
(1) period (2) trend
(3) focus (4) luxury (1) were not of her business
(5) face (2) was not of her business
(3) was not her business
64-65. Choose the word which is most (4) was not her business
opposite in meaning of the word (5) No correction required
printed in bold, as used in the 68. Being born in a certain family is not
passage.
in our control.
64. astute (1) Be born (2) Taking born
(1) intelligent (2) sharp (3) By birth
(3) insider (4) statute (4) Being bored
(5) native (5) No correction required
65. integrated 69. I was taken back by his sudden
comment on this issue.
(1) inorganic (2) refreshed

Downloaded From : http://www.bankpoclerk.com


Downloaded From : http://www.bankpoclerk.com

IBPS CLERK

(1) would be taken back by 73. I. Heavy snow did ________ the
(2) was taken backward’s by rescue efforts.
(3) was taken back for II. The food was kept in a _________
(4) was taken aback by (1) delay (2) bundle
(5) No correction required (3) basket (4) hamper
70.In a matter of seconds, we come to (5) holder
know of what is happening 74. I. They left ______ after breakfast.
anywhere in the world. II. It is difficult to find a _____ person
(1) came to know of for this job.
(2) come to be known of (1) right (2) immediately
(3) come to know off (3) suitable (4) best
(4) are coming to know of (5) soon
(5) No correction required 75. I. He would always do _____ was told
by his superiors.
71-75. In each of these questions, two
sentences (1) and (II) are given. II. He appeared on stage ______ a
Each sentence has a blank in it. narrator of the drama.
Five words (1), (2), (3), (4) and (5) (1) as (2) what
are suggested. Out of these, only (3) about (4) whatever
fits at both the places in the (5) always
context of each sentence. Number
of that word is the answer. 76-80. In each question below a sentence
with four words printed in bold
71. I. He is __________ with whatever type is given. These are numbered
little he has. as (1), (2), (3) and (4). One of these
II. The kept the ______ of the four words printed in bold may be
communication a secret. either wrongly spelt or
inappropriate in the context of the
(1) happy (2) matter
sentence. Find out the word, which
(3) gist (4) content is wrongly spelt or inappropriate,
(5) sense if any. The number of that word is
72. I. It is hard believe the _______ of your answer. If all the words
operations involved in this activity. printed in bold are correctly spelt
II. The map is drawn to a _________ and also appropriate in the context
of 1 inch to 50 km. of the sentence, mark (5) i.e. ‘All
(1) magnitude (2) size Correct’ as your answer.
(3) scale (4) proportion
76. In our daily life, we frequently
(5) significance
observe how disruptive

Downloaded From : http://www.bankpoclerk.com


Downloaded From : http://www.bankpoclerk.com

IBPS CLERK

innovations are wiping out instructions that / the performance


business. (3)
77. We decide to look after the mistake of all Zonal Managers / have to
by just ignoring it. assess by a committee. No error
78. The accommodation, through was (4) (5)
in a good locality, the construction 84. She has promised to / donate the
work was not good. (1) (2)
79. Despite the obviously advantages, funds to / establish a library in many
is it really worthwhile to invest in
(3)
the device?
/ villages in India. No error
80. We also gained ample experience
(4) (5)
in the banking sector.
85. We have already / submitted our
81-90. Read each sentence to find out (1) (2)
whether there is any grammatical application / and expect to receive
mistake/error in it. The error it any,
(3)
will be in one part of the sentence.
Mark the number of the part with / our licence in thirty days. No error
errors as your answer. If there is no (4) (5)
error, mark (5). 86. In order to claim / any tax benefit /
(1) (2)
81. To run a company effective / it is you have to submit the Fixed Deposit
(1) (3)
very important / in knowing the Receipt / issued from the Bank.
(2) (3) (4)
strengths and weaknesses / of the No error
employees. No error (5)
(4) (5) 87. During I was in / college I preferred
82. The land record / of this district / (1) (2)
(1) (2) / eating out to / the simple food in
will computerise / by next year. (3) (4)
(3) (4) the hostel. No error
No error (5)
88. Banks which do not / meet its
(5)
(1) (2)
83. The Head Office has / issued
priority sector / targets are required
(1) (2)
(3)

Downloaded From : http://www.bankpoclerk.com


Downloaded From : http://www.bankpoclerk.com

IBPS CLERK

to / pay his penalties. No error not only contributing essential items and
(4) (5) money, (96) also co-ordinating rescue
89. This year a lare number of frauds / efforts. Few people (97) that Japan’s young
people would bring about its (98) — after
(1)
all nearly one in ten youth were
have been prevented by / alert unemployed, many (99) only part-time and
(2) young people were only supposed to have
clerical staff who insisted / that (100) on their minds.
(3) 91. (1) stop
customers provide valid identify (2) decrease
(4) (3) drop
proof. No error (4) declined
(5) (5) fell
90. As the price of / gold is higher / 92. (1) too
(1) (2) (3) also
you should keep / you jewellery in (3) not
(3) (4) (4) caused
a locker. No error (5) complete
(5) 93. (1) completes
(2) efforts
91-100. In the following passage there (3) need
are blanks, each of which has been
(4) struggling
numbered. These numbers are
printed below the passage and (5) tries
against each, five words suggested, 94. (1) together
one of which fits the blanks (2) started
appropriately. Find out the (3) rising
appropriate word in each case. (4) co-operative
(5) failing
In the 1980s Japan was regarded as a highly 95. (1) knowledgeable
developed country. (2) heroes
However in recent years, Japan’s growth (3) volunteer
has (91) and the recent earthquake and (4) jobless
tsunami have (92) devastated the country. (5) powerful
As their nation (93) to cope with disaster, 96. (1) without (2) even
its youth are (94) to meet the challenge. (3) instead (4) but
Many young Japanese have become (95) (5) besides

Downloaded From : http://www.bankpoclerk.com


Downloaded From : http://www.bankpoclerk.com

IBPS CLERK

97. (1) thought


(2) dream
(3) realise
(4) know
(5) perceived
98. (1) changes
(2) downfall
(3) renewal
(4) reforms
(5) independence
99. (1) worked
(2) earnings
(3) employee
(4) wages
(5) hire
100. (1) business
(2) troubles
(3) fun
(4) responsibility
(5) worry

Downloaded From : http://www.bankpoclerk.com

You might also like