April 16, 2018

Parajumbles for SBI PO, IBPS PO, RBI grade B officers, CSAT exam #4

Parajumbles for SBI PO, IBPS PO, RBI grade B officers and CSAT exam

Parajumbles for SBI PO, IBPS PO, RBI grade B officers and CSAT exam

Rearrange the following sentences into a meaningful paragraph.

Set 1

  1. The US Treasury Department said a few hours later that it would be adding India to the list of countries that it considered as potential currency manipulators.
  2. The Indian government reported last week that the trade deficit with the rest of the world nearly doubled in the financial year ended 31st March.
  3. All this comes against the backdrop of growing Global trade tensions.
  4. However, the Mere fact that India is on the watch list now could restrict the Reserve Bank of India in the foreign exchange operation it needs to pursue to protect financial stability, especially when Global capital flows threaten to overwhelm domestic monetary policy.
  5. It is important to recognise that India has been put on awards list rather than being actually accused of manipulating its exchange rate to hurt us interests.

Set 2

  1. How does India fare on these three fronts?
  2. There are three parameters that are used, sometimes unthinkingly.
  3. Third, a country should have a lot current account surplus with the rest of the world.
  4. How are countries accused of currency manipulation by the US Treasury actually identified?
  5. First, a country has to run a significant trade surplus of over 20 billion dollarswith the US.
  6. Second, it is judged not by the amount of currency intervention but whether such an operation is a one sided attempt to keep the exchange rate down, measured in terms of additional Foreign Exchange Reserves as a percentage of gross domestic product.


Answers

Set 1

  1. B
  2. A
  3. C
  4. E
  5. D

Set 2

  1. F
  2. B
  3. E
  4. A
  5. C
  6. D


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