English Questions: Fill in the Blanks 92

Direction (1-10): In each question below a sentence is given with two blanks in each. Each question is followed by four options with two words in each. You have to select that option as your answer which can fill both the blanks of the sentence.

1. While this may be a new category for classification purposes, funds did veer into this space in the earlier ______________ itself. For instance, many large-cap oriented funds added mid-caps to a good extent to their portfolios to ______________ returns.
   regimen, drop
   regime, boost
   management, blow
   system, debase
   All are Correct
   Option B
   

    

2. The benchmark suggests that the fund will continue to be equity-oriented. However, the ______________ minimum investment requirement in debt and gold could reduce its flexibility somewhat. That said, the fund’s deft ______________ between equity and debt in the past and sound track record of returns, are positives.
   resolute, chisel
   stubborn, chiseling
   rigid, juggling
   inexorable, chicaning
   All are Correct
   Option C
   

    

3. Should the ______________ in the number of stocks be reason to exit the fund? No. Several funds with concentrated, focused portfolios of 25-30 stocks have done quite well in the past with performance ______________ or better than funds with larger portfolio sizes.
   augmentation, opposite
   expansion, magic
   addition, various
   reduction, comparable
   All are Correct
   Option D
   

    

4. One of the best performers in the debt-oriented balanced funds category — Aditya Birla Sun Life MIP II-Wealth 25 Plan — is getting a makeover, as it is set to become a more ______________ scheme. Its name changes and three other schemes from the house will ______________ with it.
   conservative, merge
   stable, separate
   stiff, analyze
   constant, scatter
   All are Correct
   Option A
   

    

5. The fund’s five-year return of 12.4 per cent is among the best in the category. Over the last 10 years, the scheme has _____________ a healthy 10.5 per cent returns annually. The fund takes active duration calls and does not hesitate to go down the rating curve to AA-rated debt instruments to _____________ returns.
   released, obstruct
   delivered, bolster
   emancipated, drain
   rendered, prevent
   All are Correct
   Option B
   

    

6. Unitholders of all the four funds can _____________ their holdings after the merger as well. Given the track record of Aditya Birla Sun Life MIP II-Wealth 25 Plan, consistent inflation-beating returns on a post-tax basis may be expected. Fresh _____________ can be considered in the Regular Savings fund through the SIP route to ride out volatility.
   keep, safety
   preserve, protection
   retain, exposure
   maintain, camouflage
   All are Correct
   Option C
   

    

7. In accordance with the SEBI’s new categorisation norms, child plans that fell _____________ the hybrid category — equity or debt-oriented — have now been given a more distinct _____________ . Falling under SEBI’s solution-oriented funds, Children Funds have a clear and rigid lock-in feature that brings uniformity across funds within this category.
   at, hierarchy
   in, prioritize
   under, slot
   over, abrasion
   All are Correct
   Option C
   

    

8. The fund has maintained a well-balanced portfolio, comprising equity and debt. The _____________ to equity has been in the 74-93 per cent range in the last three years. Currently, the equity portion stands at 80 per cent, of which 65 per cent is invested in large-cap stocks (as per new AMFI’s classification). The debt _____________ has maintained a low to moderate duration.
   manifestation, multitude
   orientation, entirety
   betrayal, gather
   exposure, portion
   All are Correct
   Option D
   

    

9. In an attempt to cut-to-fit schemes to meet SEBI’s norms, a few funds have seen a complete makeover and shift in _____________ . This is particularly true for categories newly _____________ by SEBI. One such category under the hybrid schemes is the ‘multi-asset allocation’ fund.
   spirit, dark
   quality, indistinct
   character, defined
   tone, vague
   All are Correct
   Option C
   

    

10. Apart from the usual large, mid, small and multi-cap categories, SEBI’s scheme _____________ norms have brought in a new segment — large and mid-cap funds. These funds _____________ to invest a minimum of 35 per cent of total assets in large-caps and a minimum of 35 per cent in mid-caps.
    compartmentalization, luxury
    categorisation, need
    sorting, plethora
    assortment, affluence
    All are Correct
    Option B