Question
Which of the following words seems to be the most opposite in meaning to the word 'bluff' as used in the passage ?
Read the following passage carefully and answer the questions given below them. Certain words/phrases have been printed in bold to help you locate them while answering some of the questions. If the financial performance of India’s largest lender is anything to go by, an end to the severe bad loans crisis may be much farther beyond the horizon than previously anticipated. For the first time in almost 19 years, the State Bank of India reported a quarterly loss of ₹2,416 crore for the three months ended December, compared with a net profit of ₹2,610 crore in the year-earlier period. While the figures are not strictly comparable after SBI completed merger with its associates, the loss was the result of both a massive increase in provisions to account for bad loans and a substantial amount of mark-to-market losses on its holding of government bonds. Provisions for non-performing assets (NPAs) more than doubled to about ₹17,760 crore, from about ₹7,200 crore in the third quarter of 2016-17. On treasury operations, SBI recorded a loss of about ₹3,255 crore, versus a profit of about ₹4,776 crore in the comparable period. The bank revealed that an audit by the Reserve Bank of India showed a divergence of ₹23,239 crore in the way it classified assets at the end of the last financial year, which led to increase in provisions in the last quarter. Most of these reclassified assets are linked to troubled projects in sectors including power and telecom. SBI, of course, is not the only lender to have had its assets forcibly reclassified by the RBI. Private sector lenders have also been found guilty of pushing troubled assets under the carpet until the RBI called their bluff .
More Reading Comprehension Questions
- Which one of the following maybe a suitable meaning of the following phrase ‘raised dust and storm’ as used in the passage above.
- “The political parties ignored the situation of border crossing over the decades in order to cultivate vote banks.” According to the passage, this statemen...
- Choose the correct statement regarding Quantum materials.
- Which of the following is most similar in meaning to the word ‘procurement’ as used in the passage?
- What is said about Shahid’s voice when he said something serious?
- What according to the passage, does the survey support? I. Economic expansion by job creation II. Agricultural reforms III. A balanced tradeoff between ne...
- What do Nationally Determined Contributions (NDCs) represent in the context of climate action, according to the passage?
- How did the SPD aim to integrate the old German upper classes into the new system?
- Which of the following statements is /are true based on the information and facts mentioned in this passage? (A) While taking a decision on the developmen...
- Choose the word which is most nearly the same in meaning to the word ‘perennial’ as used in the passage.
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)