English Quiz for Bank clerk

Directions (Q. 1-10): In the ‘following passage, some of the words have been left out, “each 0f Which is indicated by a number. Find the suitable word from the options given against each number and fill up the blanks ‘ with appropriate words to make the Paragraph meaningfully complete.

Twenty-flve years after the path-breaking (1) of 1991, the country lacks a (2) corporate bond market, Economist Madan Sabnavis suggests that junk bonds could serve as the (3) pad for the market. Such bonds, issued by companies with low credit rating and (4) high yields, would find takers; if three conditions are met. One, the Bankruptcy Code has to be operationalised, to (5) redeploy assets if projects fail. Two, credit default swaps must insure (6) default. And, three, there must be a developed market for (7) against possible risks (8) from interest rate and exchange (9) movements over the life of the bond. Appropriate interest and currency (10) are a must.

Q1. 1) change ‘   2) reforms ‘ 3) steps 4) transformation 5) decision

Q2. 1)declining 2) languishing 3) losing 4) thriving 5)failing

Q3. 1) launch   2) cast   3) drive 4) loss 5)fire

Q4.  1) taking . 2) subscribing 3) offering 4) sacrificing 5) alloting ‘

Q5. 1) slowly.   2) sluggishly.   3)partly    4) hardly      5) swiftly

Q6. 1)across   2) against   3)for   4)with.   5)on

Q7. 1) hedging.  2) facing.  3) meeting.   4) shuffling      5)ducking

Q8. 1) coming    2) obtaining   3) depriving   4) arising     5) going

Q9. 1) weight    2) scale    3) standard   4) estimate  5)rate

Q10. 1) product   2) roots   3) derivatives.  4)value   5) invention

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