Directions (Q. 1-4): Read each sentence to find out whether there is any grammatical or idiomatic error in it. The error, if any, will be in one part of the sentence. The number of that part is the answer. If there is ‘No error’, the answer is 5). (Ignore errors of punctuation, if any.)
1. 1) Banks accept different / 2) types of deposits, / 3) both time and demand deposit, /4) from the public. / 5) No error ()
2. 1) When the balance maintained by any scheduled bank / 2) falls below the stipulated minimum, / 3) such a bank shall be liable to pay / 4) a penal interest to the Reserve Bank./5) No error ()
3. 1) The Central Government is authorise to acquire / 2) the assets of banking companies / 3) and order the amalgamation of any banking / 4) company with another. /5) No error ()
4. 1) The State Bank has its central office in Mumbai / 2) and local head offices at Mumbai, Kolkata, Chennai and other places / 3) as decided by their Central Board /4) in consultation with the Central Government /5) No error ()
