English: Cloze Test Set 2

Fill in the blanks choosing the word that is most appropriate in the context of the passage.

The Reserve Bank of India has (1)_____ markets by opting to keep benchmark interest rates unchanged and cutting the outlook for full-year growth in the wake of last month’s decision to withdraw legal tender status to high denomination currency notes. In the fifth bimonthly monetary policy statement, the RBI (2)_____ a “backdrop of heightened uncertainty.” It listed global factors including the imminent tightening of U.S. monetary policy and the rise in oil prices, and “disconcerting” domestic inflation trends that could potentially endanger its price stability goals. Expectations that the U.S. Federal Reserve will resume its normalisation of policy by raising interest rates on December 14 have combined with a homeward-bound flight of capital from emerging markets in the (3)____ of Donald Trump’s win in the presidential election to buoy the dollar at the expense of other currencies. The rupee has not been spared, forcing the RBI to intermittently intervene to reduce volatility. Given that the exchange rate has the (4)____ to exert upward inflationary pressure as a bulk of the country’s commodity imports, including crude oil, are largely paid for in dollars, the RBI had little choice but to ensure that at least interest rates don’t end up being another alibi for capital outflows. On the domestic front, food prices other than those of vegetables are showing sustained firmness. More worryingly, inflation (5)____ food and fuel has stubbornly displayed a “downward inflexibility” that could, coupled with volatile energy costs and further financial market turbulence, jeopardise the RBI’s end-March retail inflation target of 5 per cent.

That the central bank has (6)_____ a “wait and watch” approach in the wake of the liquidity shock to the banking system sparked by the withdrawal from circulation of about 86 per cent of the bank notes, is instructive. (7)_____ its Gross Value Added (GVA) growth projection for 2016-17 by 50 basis points to 7.1 per cent, the RBI cited an unexpected loss of momentum in the second quarter, particularly in industrial activity, and the impact (8)____ the withdrawal of currency. The RBI observed that the currency replacement exercise was likely to have the biggest impact on cash-intensive sectors. The resultant disruptions could drag down growth in this fiscal and more data are needed before conclusions can be drawn (9)____ the full impact and persistence of such an impact. It is understandable therefore (10)_____ the RBI has opted for caution. Observing that economic growth could rebound strongly if the impact is “transient” as widely expected, the central bank has for now chosen to hedge its bets by reiterating an “accommodative policy stance”.

  1. A) Surprised
    B) Pushed
    C) Pulled
    D) Dominated
    View Answer
    A) Surprised
  2. A) Issued
    B) Cited
    C) Told
    D) Seen
    View Answer
    B) Cited
  3. A)Surprise
    B) Hope
    C) Case
    D) Wake
    View Answer
    D) Wake
  4. A) Affect
    B) Potential
    C) Priority
    D) Role
    View Answer
    B) Potential
  5. A) Excluding
    B) Including
    C) And
    C) Along With
    View Answer
    A) Excluding
  6. A) Clarified
    B) Seen
    C) Adopted
    D) Published
    View Answer
    C) Adopted
  7. A) Pushing
    B) Forming
    C) Increasing
    D) Trimming
    View Answer
    D) Trimming
  8. A) To
    B) From
    C) Of
    D) On
    View Answer
    B) From
  9. A) On
    B) To
    C) From
    D) Of
    View Answer
    A) On
  10. A) If
    B)Will
    C) That
    D) Would
    View Answer
    C) That

Related posts

56 Thoughts to “English: Cloze Test Set 2”

  1. GRAVITAS~HANKER~NITROUS OXIDE

    ty 🙂

  2. " Born To Win "

    thnx mam 🙂

  3. Barbie--On Mission (。♥‿♥。)

    8//10

  4. sachin shukla@ my turn 2017

    7/10

  5. To the aspirantszone.com webmaster, Your posts are always well received by the community.

  6. Hello aspirantszone.com administrator, You always provide great examples and real-world applications.

  7. Hi aspirantszone.com administrator, Keep up the great work!

  8. Hi aspirantszone.com administrator, You always provide valuable information.

  9. To the aspirantszone.com owner, Your posts are always well written and informative.

  10. To the aspirantszone.com webmaster, Thanks for the informative and well-written post!

  11. Dear aspirantszone.com admin, Keep sharing your knowledge!

  12. Hello aspirantszone.com admin, Your posts are always well organized and easy to understand.

  13. To the aspirantszone.com admin, Your posts are always well researched and well written.

  14. Hello aspirantszone.com owner, Your posts are always well-received by the community.

  15. Dear aspirantszone.com webmaster, Your posts are always well-supported by research and data.

  16. Hello aspirantszone.com administrator, Your posts are always on topic and relevant.

  17. What?s Happening i’m new to this, I stumbled upon this I have found It positively helpful and it has helped me out loads. I hope to contribute & aid other users like its helped me. Great job.

  18. Hi aspirantszone.com webmaster, You always provide key takeaways and summaries.

  19. To the aspirantszone.com owner, Thanks for the well-structured and well-presented post!

  20. Dear aspirantszone.com admin, You always provide great examples and case studies.

  21. Hi aspirantszone.com webmaster, Your posts are always well presented.

  22. Hello aspirantszone.com webmaster, Your posts are always well-referenced and credible.

  23. I read your blog it’s really informative for me I also share this article with my friends keep it up

  24. Dear aspirantszone.com administrator, Your posts are always on point.

  25. Dear aspirantszone.com owner, Your posts are always well-cited and reliable.

  26. Hello aspirantszone.com admin, You always provide practical solutions and recommendations.

  27. Dear aspirantszone.com webmaster, You always provide great information and insights.

  28. Dear aspirantszone.com owner, Thanks for the well-organized and comprehensive post!

  29. To the aspirantszone.com admin, Thanks for sharing your thoughts!

  30. Hi aspirantszone.com administrator, Well done!

  31. Hello aspirantszone.com owner, Your posts are always a great read.

  32. Dear aspirantszone.com webmaster, Thanks for the well-researched post!

  33. To the aspirantszone.com owner, Thanks for the post!

  34. Dear aspirantszone.com webmaster, Thanks for the well-researched and well-written post!

  35. Spot on with this write-up, I truly think this amazing site needs
    far more attention. I’ll probably be returning to read
    more, thanks for the information!

  36. Spot on with this write-up, I absolutely believe
    this website needs a lot more attention. I’ll probably
    be back again to read more, thanks for the advice!

  37. Dear aspirantszone.com administrator, Your posts are always well-structured and logical.

  38. Hi colleagues, its wonderful paragraph on the topic of cultureand
    entirely defined, keep it up all the time.

  39. It’s difficult to find educated people in this particular topic,
    however, you sound like you know what you’re talking about!

    Thanks

  40. You need to be a part of a contest for one of the highest quality sites online. I will highly recommend this web site!

  41. Dear aspirantszone.com admin, You always provide useful tips and best practices.

  42. The other day, while I was at work, my cousin stole
    my iphone and tested to see if it can survive a thirty
    foot drop, just so she can be a youtube sensation. My iPad is now destroyed
    and she has 83 views. I know this is totally off topic but I had to share it with someone!

  43. Helpful information. Fortunate me I found your site by chance,
    and I am surprised why this twist of fate did not came about in advance!
    I bookmarked it.

  44. Fantastic goods from you, man. I’ve remember your stuff prior to and you are just too wonderful.
    I really like what you have received right here, certainly like what you’re saying
    and the way during which you are saying it. You’re making it entertaining and you continue to take care of to keep it wise.
    I can’t wait to learn far more from you. That is really a terrific site.

  45. It’s not my first time to go to see this website, i am
    browsing this website dailly and obtain good information from here daily.

  46. This is a topic that is near to my heart… Thank you!
    Where are your contact details though?

  47. Excellent article. Keep posting such kind of information on your blog.
    Im really impressed by your blog.
    Hi there, You have performed an incredible job.
    I’ll definitely digg it and in my view recommend to my friends.
    I am confident they’ll be benefited from this web site.

  48. Hey there would you mind sharing which blog platform you’re using?
    I’m planning to start my own blog soon but I’m having
    a tough time making a decision between BlogEngine/Wordpress/B2evolution and Drupal.

    The reason I ask is because your layout seems different
    then most blogs and I’m looking for something completely unique.

    P.S Apologies for being off-topic but I had to ask!

  49. It’s going to be end of mine day, but before end
    I am reading this enormous piece of writing to improve my experience.

  50. What’s up, I read your new stuff on a regular basis. Your writing
    style is awesome, keep it up!

  51. Very nice post. I just stumbled upon your weblog and wanted to mention that I’ve really enjoyed surfing around your
    blog posts. After all I will be subscribing for your rss feed and I am hoping
    you write once more soon!

  52. Today, I went to the beachfront with my children.
    I found a sea shell and gave it to my 4 year
    old daughter and said “You can hear the ocean if you put this to your ear.” She placed the shell to her ear and screamed.

    There was a hermit crab inside and it pinched her ear.
    She never wants to go back! LoL I know this is totally off topic
    but I had to tell someone!

  53. I visited multiple web sites but the audio feature for audio songs current at this website
    is in fact marvelous.

  54. It’s in fact very complicated in this busy life to listen news on Television, thus I simply use world wide web for
    that purpose, and take the latest information.

  55. Hello it’s me, I am also visiting this web site on a regular basis,
    this web page is in fact nice and the people are really sharing nice thoughts.

  56. Thanks for finally writing about > English: Cloze Test Set 2 – Aspirants Zone < Loved it!

Comments are closed.