English: Cloze Test for IBPS PO Prelims Exam – Set 90

Directions: In the passage given below there are 6 blanks, each followed by a word given in bold. Every blank has four alternative words given in options (A),(B),(C) and (D). You have to tell which word will best suit the respective blank. Mark (E) as your answer if the work given in bold after the blank is your answer i.e “No change required”.

America’s central bank tries to be predictable. When in December 2015 it raised interest rates for the first time since 2006, nobody _1_(devastated). The central bank had telegraphed its intentions to a tee. Similarly, if the overwhelming consensus in financial markets is to be believed, on December 14th—almost exactly a year later—rates will rise again, to a target range of 0.5-0.75%. Donald Trump’s tweets and phone calls _2_(upside) trade, fiscal and foreign policy in a matter of minutes, but Janet Yellen, the Federal Reserve’s chairwoman, is _3_(molding) monetary policy at only a cautious annual pace. Yet in another sense, the Fed has _4_(conspiracy) predictions—at least, those it made itself. A year ago the median rate-setter foresaw four rate rises in 2016. None has happened yet. This might seem like a straightforward reaction to events. At the start of the year, stock markets _5_(desperate) on worries about Chinese growth. Then, in June, Britain voted to leave the European Union, sending markets spinning again for a while. But the delay also resulted from a gradual acceptance by Fed officials that low rates have become a longer-lasting feature of the economy. In September most rate-setters expected rates eventually to settle below 3%. This is down from 3.5% at the time of “_6_(revival)” a year ago. Since June Ms Yellen has been saying that low rates are only “modestly” juicing the economy.

  1. A) was much agaped
    B) was taken aback
    C) was much surprised
    D) was puzzled
    E) No Correction Required
    View Answer
       Option C 
  2. A) may upend
    B) might nice
    C) may reasonable
    D) might faithful
    E) No Correction Required
    View Answer
       Option A 
  3. A) managing
    B) hooking
    C) tweaking
    D) jotting
    E) No Correction Required
    View Answer
       Option C 
  4. A) wonderful
    B) cultivated
    C) enlightened
    D) confounded
    E) No Correction Required
    View Answer
       Option D
    Explanation:
  5. A) bobbled
    B) arched
    C) drippled
    D) sagged
    E)  No Correction Required
    View Answer
       Option D 
  6. A) put-off
    B) lift-off
    C) get-off
    D) back-off
    E) No Correction Required
    View Answer
       Option B

Directions: In the passage given below there are 6 blanks, each followed by a word given in bold. Every blank has four alternative words given in options (A),(B),(C) and (D). You have to tell which word will best suit the respective blank. Mark (E) as your answer if the work given in bold after the blank is your answer i.e “No change required”.

Doves reckon this is mostly a _1_(dream). Prime-age participation has climbed only a third of the way back to its pre-recession level. Even among those in work, there are still an unusually high number of part-timers who want full-time work. The ultimate arbiter of this debate is wage and price inflation. If the economy is running _2_(down), both should pick up. As it is, hourly wages are only about 2.5% higher than a year ago. But researchers at the San Francisco Fed have suggested that a slew of retirements by baby-boomers on fat salaries is dragging this average down. Measures purged of this problem show the median hourly pay rise running at fully 3.9%, almost as generous as in 2007. As for inflation, it is not yet back at the Fed’s 2% target. But it is getting closer. Excluding food and energy, prices are 1.7% higher than a year ago, according to the Fed’s preferred measure, up from 1.4% at the end of last year. Doves console themselves that even after rates rise, monetary policy will remain unusually loose for this point in the economic cycle. That partly reflects the asymmetry of risks before the Fed. Should an some unforeseen shock _3_(burden) the economy, there will be little room to cut rates to _4_(support) it. This, as Ms Yellen often acknowledges, justifies keeping rates lower than they otherwise would be. Inflation risk, though, is starting to tilt upwards. Congress will probably cut taxes next year. Higher rates may be needed to stop any fiscal stimulus becoming inflationary. Since the election, markets’ inflation expectations have continued on an upward trend that began in September. But Treasury-bond yields, which in large part reflect traders’ expectations for Fed policy_5_,(have risen abruptly). Rising oil prices and the prospect of Mr Trump’s imposing import tariffs also play a role. Both _6_(would crimp) growth, but would do so in part by pushing prices up. Surging bond yields and a stronger dollar are already squeezing the economy. So carefully has Ms Yellen managed expectations that a rate rise now will not exacerbate those trends. What would do so would be any hint that the Fed may bring subsequent rate rises forward, not push them back. For the first time in years, that does not look out of the question.

  1. A) chimera
    B) mirage
    C) cosmos
    D) globe
    E) No Correction Required
    View Answer
       Option B 
  2. A) late
    B) fast
    C) up
    D) hot
    E) No Correction Required
    View Answer
       Option D 
  3. A) rampant
    B) rattle
    C) devastated
    D) febrile
    E) No Correction Required
    View Answer
       Option B 
  4. A) onset
    B) upset
    C) dowsed
    D) offset
    E) No Correction Required
    View Answer
       Option D 
  5. A) have abruptly increased
    B) have risen dramatically
    C) have risen abruptly
    D) have risen normally
    E) No Correction Required
    View Answer
       Option B 
  6. A) will align
    B) would align
    C) would crimp
    D) will crimp
    E) No Correction Required
    View Answer
       Option C

 

 

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3 Thoughts to “English: Cloze Test for IBPS PO Prelims Exam – Set 90”

  1. swati

    thank you team az for providing quality content………

  2. ahtesham ahmed

    7/10 thanks team…plz upload cloze test regularly

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