MCQ Cloze Test | Page 7 of 8 | Questions & Answers for all exams Rankers Hub

cloze test practice questions for bank exams

The Union Cabinet has approved a series of changes in foreign direct investment norms as the government prepares to enter the last lap of its economic policy-setting phase ahead of the 2019 election. Key among these was the decision to ___A___ up to 49% overseas ownership, including by a foreign airline, in Air India. This comes just a little more than six months after the Cabinet Committee on Economic Affairs gave its nod for a strategic ___B___ of the airline. The relaxation in ownership norms clears the decks for possible bidders such as the Singapore Airlines-Tata combine and Jet Airways — with its overseas equity and route partners — to make a more detailed commercial ___C___ of the investment opportunity the state-owned flag carrier presents. For the fiscally constrained government, the ___D___ could not have come sooner. With the Union Budget due soon and the government ___E___ short of its budgeted strategic disinvestment goal for the current financial year — as of end-November, only 28% of the targeted Rs. 15,000 crores had been realized — the hope must be for an ___F___ timetable for the stake sale. Still, the fulfillment of a necessary condition for a strategic sale does not automatically become sufficient grounds for successful privatization. Given the carrier’s accumulated debt of about Rs. 50,000 crores and the fact that the interest of potential investors is likely to be focused on Air India’s ___G___ long-haul international routes and its fleet of more than 40 wide-bodied aircraft, disinvestment will be neither easy nor guaranteed. At the very least, the government needs to set a distinct, ___H___ road map for the sale process.
The other reform cleared by the Cabinet was the ___I___ decision to put 100% FDI in Single Brand Retail Trading under the ‘automatic’ route, accompanied by the long-sought relaxation of mandatory local sourcing norms. This had been a major issue with potential investors including Apple, which had repeatedly urged the government to take a more ___J___ view given the level of technological advancement incorporated in its products and the difficulty in finding local sources of supply at the requisite scale.

Select the most appropriate option to fill in the blank A
A. give away, encash
B. allow, permit
C. strategize, authorize
D. spurn, promote
E. All of the above

Option: B
Usage of either of the compound nouns “bio-diversity” and “eco-friendliness” would be irrelevant as neither of them is going well with the context. Options D and E hence get eliminated. “Prosperity” would have been a suitable choice, had the word ‘health’ not present in the clause.
Between the rest of the two words – “atmosphere” and “ecology”, the latter fits the blank more appropriately as the noun ecology describes the environment as it connects to living things, or the branch of biology that studies that environment whereas “atmosphere” just refers to ‘the pervading tone or mood of a place, situation, or creative work. ’

Select the most appropriate option to fill in the blank B
A. seizure, expropriation
B. occupancy, vacancy
C. disinvestment, divestment
D. destitution, denial
E. All of these

Option: C
To give away one’s ownership is called disinvestment, which is being talked about here. Thus, only option C depicts the words that render the similar meaning.
Seizure is to capture something forcefully, which is in contextual. Destitution means extreme poverty which is illogical. Option B is also absurd here.

Select the most appropriate option to fill in the blank C
A. evaluation, assessment
B. opinion, viewpoint
C. viability, validity
D. aspect, issue
E. All of these

Option: A
Any investment is done basis some evaluation or estimation of pros and cons related to that specific deal. Thus, the correct set of word representing such estimation is option A- evaluation and assessment. Similarly, validity used in option C is also illogical.

Select the most appropriate option to fill in the blank D
A. impact, effect
B. verdict, protocol
C. decision, conclusion
D. negotiation, dialogue
E. All of these

Option: C
As per the passage, in the given poor economic condition, the decision of disinvestment has come at right time. Earlier economy was not in condition to absorb the change. Option C that contains words – decision and conclusion is perfectly fitting the blank, where these words refer to decision of disinvestment.

Select the most appropriate option to fill in the blank E
A. woefully, extremely
B. sure, certain
C. fair, definitely
D. merely, slightly
E. All of these

Option: A
Here the phrase ‘short of’ describes shortage or deficiency, thus a negative word should come before it. Option B is grammatically incorrect, as the blank requires an adverb to qualify the shortage. In option C, the first word fair is grammatically incorrect being an adjective. Option D renders a positive meaning (little shortage), thus incorrect here. Both the words of option A renders negative sense and goes well with the given phrase. Woefully means very badly and extremely also depicts an extreme degree.

Select the most appropriate option to fill in the blank F
A. inexpedient, impolitic
B. accelerated, increased
C. sluggish, gradual
D. lethargic, plodding
E. All of these

Option: B
The usage of the word “event” would be erroneous here as the noun following the word ‘two’ must be in its plural form. It hence eliminates option E. Out of the remaining choices, the word “phenomena” which refers to ‘a fact or situation that is observed to exist or happen, especially one whose cause or explanation is in question’ is the most suitable pick for the blank. Ex. “Glaciers are interesting natural phenomena”

Select the most appropriate option to fill in the blank G
A. potentially, likely
B. futile, cost-effective
C. pragmatic, realistic
D. lucrative, fruitful
E. All of these

Option: D
As per the passage it is clear that the potential investors will focus on the profitable areas, Thus option D which has Lucrative and fruitful means profitable is the perfect choice. Rest of the options are absurd.

Select the most appropriate option to fill in the blank H
A. univocal, vague
B. unequivocal, unambiguous
C. fuzzy, absurd
D. clear, short
E. All of these

Option: B
Use of word ‘distinct’ before the blank clears that it must contain a set of words that means apparent or evident. Vague (option A), Fuzzy (option C) means not clear or out of focus. Short (option D) is absurd to be used here. Only option B has both the words that mean clear, definite.

Select the most appropriate option to fill in the blank I
A. eminent, significant
B. essential, pivotal
C. Critical, important
D. crucial, vital
E. All of these

Option: E
Another decision regarding FDI limits that has a great importance in economy has been talked about. All the options render same meaning i. e. important.

Select the most appropriate option to fill in the blank J
A. concentrated, focused
B. genial, chipper
C. benign, mild
D. lively, brisk
E. All of these

Option: C
Use of “relaxation of mandatory local sourcing norms” depicts that government has shown a mild attitude towards the investors, for which they were asking for long. Hence the blank should contain words like relaxation, smooth etc. These are represented by option C only. Genial (option B) and Lively (option D) mean extremely happy. Option A is absurd.

Pages: 1 2 3 4 5 6 7 8

cloze test practice questions for bank exams

Rankers Hub

Rankers Hub Mock Test and Courses for competitive exams like Bank and SSC. Check out our Blog and MCQ pages for Study resources.

Courses

Bank Mock Test

SSC Mock Test

Explore

© 2023-24 Rankershub