question.
Question no.1.
Since then that the Indian central bank (A) / there have been growing expectations (B) / when its Monetary Policy Committee meets in April (C) / will cut rates once again (D)
a) BADC
b) ABDC
c) CABD
d) BACD
e) No change required
Answer: Option a
Explanation: ‘BADC’ is the correct arrangement. The correct sentence is - There have been growing expectations since then that the Indian central bank will cut rates once again when its Monetary Policy Committee meets in April.
a) ADCB
b) CDBA
c) CABD
d) BADC
e) No change required
Answer: Option b
Explanation: ‘CDBA’ is the correct arrangement. The correct sentence is - The Indian central bank was one among dozens of central banks that primarily depended on adjusting quantities such as money supply during the high noon of monetarism across the world.
a) DACB
b) BCDA
c) ADCB
d) BACD
e) No change required
Answer: Option b
Explanation: ‘BCDA’ is the correct arrangement. The correct sentence is - A central bank has to manage its balance sheet to ensure that there is enough durable liquidity to ensure that money market rates are aligned with policy rates.
a) DACB
b) BCAD
c) BADC
d) CADB
e) No change required
Answer: Option c
Explanation: ‘BADC’ is the correct arrangement. The correct sentence is - A client-planner relationship is based on trust and a fiduciary commitment to always keep the client’s interest above everything else, much like the relationship between a doctor and a patient.
a) ABDC
b) DABC
c) ADCB
d) CDBA
e) No change required
Answer: Option d
Explanation: ‘CDBA’ is the correct arrangement.The correct sentence is - AI and machine-learning are transforming customer experience with personalized services and improvements in back-office efficiencies.
a) BACD
b) BDAC
c) ACBD
d) DABC
e) No change required
Answer: Option a
Explanation: ‘BACD’ is the correct arrangement. The correct sentence is - Digital and emerging technologies will have profound implications for the field of finance, but they are still nascent.
a) DACB
b) BCAD
c) ACDB
d) CADB
e) No change required
Answer: Option e
Explanation: No change required
a) DACB
b) BACD
c) CDAB
d) BADC
e) No change required
Answer: Option d
Explanation: ‘BADC’ is the correct arrangement. The correct sentence is - To succeed in the new-age investment management industry; advisors need new skills, more importantly soft skills.
a) ACBD
b) BDAC
c) BADC
d) DCAB
e) No change required
Answer: Option b
Explanation: ‘BDAC’ is the correct arrangement. The correct sentence is - The human element is still vital even as firms harness fintech capabilities to survive in an era of low-latency and algorithmic, high-frequency trading.
a) ACDB
b) BDCA
c) BCAD
d) CABD
e) No change required
Answer: Option b
Explanation: ‘BDCA’ is the correct arrangement. The correct sentence is - Technology will enhance advisors and investors will seek out institutions employing the right human-machine mix.
a) BADC
b) ABDC
c) CABD
d) BACD
e) No change required
Answer: Option a
Explanation: ‘BADC’ is the correct arrangement. The correct sentence is - There have been growing expectations since then that the Indian central bank will cut rates once again when its Monetary Policy Committee meets in April.
Question no.2.
The high noon of monetarism across the world (A)/ depended on adjusting quantities such as money supply during (B) / The Indian central bank was one (C)/ among dozens of central banks that primarily(D)a) ADCB
b) CDBA
c) CABD
d) BADC
e) No change required
Answer: Option b
Explanation: ‘CDBA’ is the correct arrangement. The correct sentence is - The Indian central bank was one among dozens of central banks that primarily depended on adjusting quantities such as money supply during the high noon of monetarism across the world.
Question no. 3.
Rates are aligned with policy rates (A)/ A central bank has to manage its balance sheet to ensure (B)/that there is enough durable liquidity (C)/ to ensure that money market (D)a) DACB
b) BCDA
c) ADCB
d) BACD
e) No change required
Answer: Option b
Explanation: ‘BCDA’ is the correct arrangement. The correct sentence is - A central bank has to manage its balance sheet to ensure that there is enough durable liquidity to ensure that money market rates are aligned with policy rates.
Question no. 4.
Trust and a fiduciary commitment to always (A)/ A client-planner relationship is based on (B) / like the relationship between a doctor and a patient (C)/ keep the client’s interest above everything else, much (D)a) DACB
b) BCAD
c) BADC
d) CADB
e) No change required
Answer: Option c
Explanation: ‘BADC’ is the correct arrangement. The correct sentence is - A client-planner relationship is based on trust and a fiduciary commitment to always keep the client’s interest above everything else, much like the relationship between a doctor and a patient.
Question no. 5.
Improvements in back-office efficiencies (A)/ experience with personalized services and (B) /AI and machine-learning are (C) / transforming customer (D).a) ABDC
b) DABC
c) ADCB
d) CDBA
e) No change required
Answer: Option d
Explanation: ‘CDBA’ is the correct arrangement.The correct sentence is - AI and machine-learning are transforming customer experience with personalized services and improvements in back-office efficiencies.
Question no. 6.
Will have profound implications (A) / Digital and emerging technologies (B) / for the field of finance, (C) / but they are still nascent (D).a) BACD
b) BDAC
c) ACBD
d) DABC
e) No change required
Answer: Option a
Explanation: ‘BACD’ is the correct arrangement. The correct sentence is - Digital and emerging technologies will have profound implications for the field of finance, but they are still nascent.
Question no. 7.
Block chain may redefine how financial institutions (A) /operate, but it is not yet mature and will (B) /need to overcome hurdles if a sustainable business model (C) /with regulatory approval is to be achieved (D).a) DACB
b) BCAD
c) ACDB
d) CADB
e) No change required
Answer: Option e
Explanation: No change required
Question no. 8.
Investment management industry (A)/ To succeed in the new-age (B) /more importantly soft skills (C) / advisors need new skills (D)a) DACB
b) BACD
c) CDAB
d) BADC
e) No change required
Answer: Option d
Explanation: ‘BADC’ is the correct arrangement. The correct sentence is - To succeed in the new-age investment management industry; advisors need new skills, more importantly soft skills.
Question no. 9.
An era of low-latency and algorithmic, (A)/The human element is still vital even (B) / high-frequency trading (C) / as firms harness fintech capabilities to survive in (D)a) ACBD
b) BDAC
c) BADC
d) DCAB
e) No change required
Answer: Option b
Explanation: ‘BDAC’ is the correct arrangement. The correct sentence is - The human element is still vital even as firms harness fintech capabilities to survive in an era of low-latency and algorithmic, high-frequency trading.
Question no. 10.
Right human-machine mix (A)/Technology will enhance advisors (B)/ institutions employing the (C)/and investors will seek out (D).a) ACDB
b) BDCA
c) BCAD
d) CABD
e) No change required
Answer: Option b
Explanation: ‘BDCA’ is the correct arrangement. The correct sentence is - Technology will enhance advisors and investors will seek out institutions employing the right human-machine mix.
