UCO Bank Placement Paper
Company: UCO Bank
Qs.1-15. Read the following passage carefully and answer the questions given below it. Certain words/pharses have been printed in bold to help you locate them while answering some of the questions.
For a business still in a burgeoning state of development the performance of the gem and jewelry sector in exports is gratifying. On top of an over 50 per cent growth during 2004-05, these exports are poised to grow at a similar rate during the current year, if the trend in the first half of the year is an indication. Data released by the Gems and Jewelry Export Promotion Council show that Gems exports at Rs. 2,363 crores during April-September 2005 were 51 per cent higher than during the corresponding period of 2004. Since there is a greater acceleration in the tempo of exports in the second half of the year it appears that the target of Gems and Jewelry exports, pegged at Rs. 5,000 crore is well within reach. Even more heartening is the fact that the export flow has been broad based, though the pace has been set by better showing in both Jewelry and Gem exports. This successful incursion is the outcome of a conscious strategy to build export infrastructure which includes the setting up of Gems and Jewelry export zones, technology missions and a liberal policy under which virtually the entire industry is a liberal policy under which virtually the entire industry is thrown open to foreign direct investment. Some incentives like access to domestic market for these export-oriented units, based on the net value addition, also have helped the export drive. Besides, the industry had made efforts to capture new markets, laid stress on quality of the product and became alive to customer needs.
However, in the case of jewelry exports, the actual performance is behind the potential. With its endownment in terms of jewelry designers, low costs and high productivity, India can emerge as a major force in global jewelry exports by emphasizing on customizing jewelry rather than relying on standard products. At the same time, gems exports should not suffer by default. The recent data given lie to the claim that we have a leeway in jewelry designing. Over a period, this success on global marketing of our gems should facilitate system integration, and to exports of value-added gems with jewelry. As of now, what is significant is that we have carved a small niche in the global market in an industry that is the cutting edge of designing.
1. Which of the following are responsible for substantial growth in exports in Gems and Jewelry sector?
(A) Conscious strategy to build export infrastructure
(B) Liberal policy
(C) Government subsidy
(a) All (A), (B), and (C)
(b) Only (B) and (C)
(c) Only (A) and (C)
(d) Only (A) and (B)
(e) None of these
2. Setting up of gems and jewelry exports zones has resulted into which of the following?
(a) Production of gems has increased
(b) Increase in gems has increased
(c) Increase in jewelry exports
(d) Abundance of gems and jewelry in the domestic market
(e) None of these
3. Which of the following words has the SAME meaning as the word ‘heartening’ as used in the passage?
(a) Saddening
(b) Encouraging
(c) Illuminating
(d) Satisfying
(e) Worsening
4. Which of the following have helped in the growth of exports in gem and jewelry sector?
(a) Value addition
(b) Quality control
(c) Customer friendly
(d) Access to domestic market
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5. Which of the following statements is true in the context of the passage?
(a) The growth in exports in gems and jewelry sector is expected to be 100 per cent during 2005-2006 to that of 2004-05.
(b) The growth in exports in gems and jewelry sector in 2005-1006 is expected to be more than that in 2004-2005.
(c) The growth in exports in gems and jewelry sector is expected to be 50 per cent in 2005-2006.
(d) The growth in exports in gems and jewelry sector is expected to be 25 per cent in 2005-2006.
(e) None of these
6. Which of the following factors have not helped in the export promotion?
(A) Building an infrastructure for export
(B) Encouraging foreign direct investment
(a) Only (A)
(b) Only (B)
(c) Either (A) or (B)
(d) Both (A) and (B)
(e) None of these
7. How much export was realized in the first half of the year 2005-2006?
(a) Less than half the targeted amount.
(b) More than half the targeted amount.
(c) Almost half of the amount projected for the purpose.
(d) The exact amount is not mentioned.
(e) None of these
8. Which of the following words/group of words has the SAME meaning as the word ‘customizing’ as used in the passage?
(a) Need based
(b) Supportive
(c) Appropriate
(d) Quality
(e) Traditional
9. Which of the following words has the SAME meaning as the word ‘alive’ as used in the passage?
(a) Awake
(b) Open
(c) Conductive
(d) Active
(e) Brisk
10. Which of the following statements is not true according to the passage?
(a) India’s performance in exports of jewelry is better than that of gems.
(b) India’s performance in exports of jewelry is better than that of gems.
(c) India’s performance in value added exports has grown in the recent past.
(d) India has made considerable effort in exporting value added products in the international market.
(e) Performance in global marketing has helped in developing an edge in designing.
11. What according to the passage, is the basis for the expectation of the exports in Gem and jewelry sector reaching the targeted amount?
(a) Growth in exports in the earlier year.
(b) Domestic demand in the sector.
(c) India’s performance in jewelry designing.
(d) Trend observed during the first half of the year.
(e) None of these
Qs.12-13. Choose the word which is most similar in meaning to the word printed in bold used in the passage?
12. Emerge
(a) Drawn
(b) Evolve
(c) Shine
(d) Grow
(e) Submerge
13. Conscious
(a) Desirable
(b) Deliberate
(c) Planned
(d) Unconscious
(e) Wanted
14. Virtually
(a) Artificially
(b) Lately
(c) Really
(d) Imaginary
(e) Realistically
15. Burgeoning
(a) Emerging
(b) Established
(c) Dying
(d) Sneaking
(e) Middile
Qs. 16-20. Rearrange the following six sentences (A), (B), (C), (D), (E) and (F) in the proper sequence to from a meaningful paragraph; then answer the questions given below them.
(A) The Central government is weighing several options to involve the States in the process of boosting the country’s exports.
(B) These governments hitherto felt that exports are the Centre’s responsibility, which was a wrong approach.
(C) The States will now realize that they should themselves encourage export-oriented units
(D) This move by the Centre is also necessitated to eradicate the misunderstanding that prevails among most of the States.
(E) It is a welcome move to instill into governments the feeling of belongingness.
(F) Exports help flourish a country’s economic situation.
16. Which of the following should be the THIRD sentence after rearrangement?
(a) B
(b) C
(c) D
(d) E
(e) F
17. Which of the following should be the FIRST sentence after rearrangement?
(a) B
(b) C
(c) D
(d) E
(e) F
18. Which of the following should be the SIXTH(LAST) sentence after rearrangement?
(a) B
(b) C
(c) D
(d) E
(e) F
19. Which of the following should be the FOURTH sentence after rearrangement?
(a) B
(b) C
(c) D
(d) E
(e) F
20. Which of the following should be the FIFTH sentence after rearrangement?
(a) B
(b) C
(c) D
(d) E
(e) F
Answers
1. (d)
2. (b)
3. (b)
4. (a)
5. (b)
6. (e)
7. (c)
8. (a)
9. (b)
10. (a)
11. (d)
12. (d)
13. (c)
14. (a)
15. (a)
16. (c)
17. (e)
18. (b)
19. (d)
20. (a)
UCO Bank Placement Paper
About UCO Bank
UCO Bank, formerly United Commercial Bank, established in 1943 in Kolkata, is a major nationalised bank. It is under the ownership of Ministry of Finance, Government of India. During FY 2020–21, its total business was ₹ 3.24 lakh crore. Based on 2020 data, it is ranked 80 on the Fortune India 500 list.visit offical website of UCO BANK for more details.