English: Cloze Test for Upcoming Exams – Set 106

Directions: In the passage given below there are 10 blanks. Every blank has A PAIR OF four alternative words given in options first 4 options. You have to tell which PAIR is APPROPRIATE according to the context. Mark that appropriate pair as your answer. If none of the options is appropriate, mark ‘None of these’.

In finance, things that grow very fast have an __1__ tendency to blow up. American subprime mortgages prior to 2008, southern European sovereign debt in the run-up to 2010 and Japanese banks in the 1980s are but recent examples. So it is worrying that bank lending in emerging markets has __2__ in recent years, from about 77% of GDP in 2007 to 128% at the beginning of this year, according to JPMorgan Chase, a rich-world bank. That 51-percentage-point jump __3__ the mere 20-point rise in credit in the rich world in 2002-07.

Now that the economic prospects of emerging markets have__4__, banks from Shanghai to São Paulo are in the spotlight. Trouble in such places would once barely have registered in global financial circles. In 1990 only three of the world’s 100 biggest lenders by assets were in developing countries. Now the world’s four biggest banks are in China, and the fifth-biggest, HSBC, does much of its business from Hong Kong. More than a third of the world’s biggest banks have their headquarters in emerging markets, and plenty of rich-country firms (such as Standard Chartered, based in London, or BBVA, a Spanish bank) operate there.

Banks that have expanded at such a rapid __5__ in the past have typically issued more than a few __6__ loans along the way, and stretched their balance-sheets beyond comfort. Happily, regulators have learned the lessons of past crises in most emerging markets, so systemic __7__ is unlikely. It is the banks’ ability to finance a return to rapid economic growth that is in doubt.

The Institute of International Finance, a trade group, predicts that 2015 will be the first year of net capital __8__ from emerging markets since 1988. The good news is that emerging-market banks have little trouble funding themselves. Many emerging economies, especially in Asia, have high savings rates. That leaves most lenders with more deposits than loans, even though loans have been growing faster of late. Rich-country banks, in contrast, have to make up for a shortage of deposits by tapping __9__ wholesale markets, leaving them more vulnerable to sudden changes in sentiment.

If liquidity is not an issue, solvency may be. Banks in emerging markets tend to be profitable: the listed ones generated net income of $563 billion last year, up from $94 billion a decade ago. Unlike their Western __10__, few have investment-banking arms, which have attracted profit-sapping regulation and fines from watchdogs.

  1. attractive, exasperating
    vexatious, narcotic
    irksome, troublesome
    pleasing, tedious
    None of these
    Option C


  2. lathered, amplified
    ballooned, balled
    fizzed, deflated
    heaved, abridged
    None of these
    Option B


  3. runts, shorts
    maximizes, atrophies
    gaints, fairies
    dwarfs, elves
    None of these
    Option D


  4. clouded, incandescent
    eclipsed, lustrous
    obscured, ablaze
    dimmed , shaded
    None of these
    Option D


  5. clip , clasp
    prune, amplify
    lop, extend
    fastener, lengthen
    None of these
    Option A


  6. turkey, success
    fiasco, triumph
    dud , flop
    fizzle, smash
    None of these
    Option C


  7. chaos, hierarchy
    clutter, order
    tumult, serenity
    turmoil , disorder
    None of these
    Option D


  8. barrages, irks
    effusions, inflows
    affluences, incomes
    outflows , fluxes
    None of these
    Option D


  9. fickle , capricious
    volatile, dependable
    persistent, staunch
    aware, certain
    None of these
    Option A


  10. inferiors, fellows
    earls, gazes
    peers , peeks
    stares, jury
    None of these
    Option C



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6 Thoughts to “English: Cloze Test for Upcoming Exams – Set 106”

  1. Jeevan

    S.O. me ndw pattern ki close test ayi ma


    4 bold word hoge usme se kaunsa word fit nai ye btana tha. All fit ho to ans E All fit

  2. Sushant Raj

    5/10 Very disappointing.Need to gear up for MAINS “celebrations” are over.

  3. Lee64

    Thnks AZ

  4. Excellent read, I just passed this onto a colleague who was doing some research on that. And he actually bought me lunch as I found it for him smile Thus let me rephrase that: Thank you for lunch!

  5. Thanks for the tips on credit repair on this site. The thing I would tell people is usually to give up this mentality they can buy at this moment and shell out later. Being a society we tend to try this for many factors. This includes trips, furniture, plus items we would like. However, you should separate the wants from all the needs. While you’re working to fix your credit score make some sacrifices. For example you are able to shop online to save money or you can click on second hand merchants instead of high priced department stores intended for clothing.

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