PREPARATORY QUESTIONS

CLOZE TEST

PREPARATORY SET-40 (OLD PATTERN)

Direction (Qs.1 to 5): In the following passage there are blanks, each of which has been numbered. These numbers are given below the passage and against each, some words are suggested, one of which fits the blank appropriately. Find out the appropriate word in each case.

 

Both the government and Reserve Bank of India (RBI) have acted in line with their stated commitment towards the defined fiscal and monetary stability framework. Given the pressures of a ...(1)... growth rate and limited fiscal and monetary elbow room, this is commendable. However, it is critical that the decisions taken to revive growth have a high ...(2)... of success without increasing systemic risk in the medium to long run. In this context, it may be argued that RBI’s recent ...(3)... for retail credit growth would add to systemic risk, while the benefits for India’s gross domestic product growth (GDP) may be limited. Credit-driven economic booms always end in economic ...(4)... However, to pump-prime an economy, very few tools exist other than credit. Credit is a necessary evil, and thus there is all the more reason to handle it with care. In current economic growth frameworks, economic growth requires capital. Quite often, credit ...(5)... is the ultimate source of capital. If the government spends by increasing its fiscal deficit, government debt increases.

Question No : 1

(1) Solicited              

(2) Obstinate             

(3) Dwindling           

(4) Enthralled           

(5) Expunge

Question No : 2

(1) Likelihood           

(2) Impartial             

(3) Nefarious            

(4) Steadfast             

(5) Acquitted

Question No : 3

(1) Impertinent         

(2) Aloof                   

(3) Prone                   

(4) Static                   

(5) Push

Question No : 4

(1) Stealthy

(2) Excel                    

(3) Dedicate              

(4) Misery                 

(5) Synthesis

Question No : 5

(1) Tactful                 

(2) Creation              

(3) Premature           

(4) Jubilant                

(5) Facade