PREPARATORY QUESTIONS

CLOZE TEST

PREPARATORY SET-52 (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, five words are suggested. One of which fills the blank appropriately. Find out appropriate word in each case.

 

Traditional banking services include receiving deposits of money, lending money, and processing …(1)... . Some banks (called Banks of Issue) issue banknotes as legal tender. Traditionally, a bank generates …(2)… from transaction fees on financial services and from the interest it charges for lending. Banks have a long history and have influenced economies and politics for centuries. The development of central banks, responsible for the monetary policy of their country and with …(3)… powers over banks, ensures that financial institutions do not behave recklessly or fraudulently. In most countries, the central bank is state-owned and has a minimal degree of autonomy to allow for the possibility of government intervention in monetary policy. The history of banking is closely related to the history of money. As monetary payments became important, people looked for ways to safely …(4)… their money. As trade grew, merchants looked for ways of borrowing money to fund expeditions. The first banks were probably the religious temples of the ancient world. In them was stored gold in the form of easy-to-carry …(5)… plates. Their owners justly felt that temples were the safest places to store their gold as they were constantly attended and well built and were sacred, thus deterring would-be thieves.

Find the appropriate word in each case.

Question No : 1

(1) Knowledge                           

(2) Service     

(3) Ideas       

(4) Transactions                         

(5) Investments

Question No : 2

(1) Gratuities            

(2) Tellers                 

(3) Investments         

(4) Customers           

(5) Profits

Question No : 3

(1) Supervisory         

(2) Intelligence          

(3) Controlled           

(4) Authoritative      

(5) Designated

Question No : 4

(1) Spend                  

(2) Destroy               

(3) Store                    

(4) Ingest                  

(5) Create

Question No : 5

(1) Filthy                   

(2) Impressed           

(3) Depressed           

(4) Compressed        

(5) Suppressed