Cloze
Test 1:
After ten years of (1) inflation, prices have hiked 7.5% in
the third week of July. This looks scary—after all, Indians had got used to
prices crawling up by 2% in the last two years, and a 10-year average inflation
rate of about 5%—but you shouldn’t worry. This burst of inflation is the result
of three factors that have come together unexpectedly, are unlikely to (2) for
long and are unlikely to (3) up together again: a(n) (4) rise in
global oil prices, a monsoon that arrived late and a spike in global metal
prices. North Sea crude has crossed $42 per barrel, driven up by low petroleum (5)
and soaring demand in the US as war production heats up. Oil markets are
also spooked by the (6) of Russian oil supplies falling on the back of
the Yukos- Sibneft probe. There’s little that the government can do to (7) users
from soaring oil prices—indeed, it shouldn’t, if it wants to (8) efficiency.
Higher transport costs have pushed up rates of vegetables and fruits. Farm
produce could also get affected by rains that arrived too late for kharif
sowing. China is (9) up steel and other metals from all over the world
to (10) a construction boom ahead of the 2008 Olympics, making metal
prices soar all over the world, and sparking inflation in India.
1. 1) mere 2) moderate 3) retarding 4) vehement 5) dull
2. 1) obstinate 2) constitute 3) persist 4) repeat 5) normalise
3. 1) go 2) scramble 3) mount 4) yield 5) crop
4. 1) sustained 2) suspicious 3) horrific 4) erratic 5) favourable
5. 1) lists 2) trades 3) services 4) inventories 5) details
6. 1) prospect 2) progress 3) view 4) extent 5) deposit
7. 1) support 2) ignore 3) propel 4) prolong 5) insulate
8. 1) position 2) promote 3) process 4) pass 5) form
9. 1) hurrying 2) passing 3) pairing 4) gobbling 5) throwing
10. 1) keep 2) make 3) feed 4) grow 5) fight
Cloze
Test 2:
In recent years, the banking industry has been undergoing rapid
changes, reflecting a number of (1) developments. The most significant
has been advances in communication and information technology. Which have (2)
and broadened the (3) of financial information while lowering the
costs of many financial activities. A second key (4) for change has been
the increasing competition among a broad (5) of domestic and foreign institutions
in providing banking and (6) financial services. Third, financial
activity has become larger relative to overall economic activity in most
economies. This has meant that any (7) of the financial markets or
financial infrastructure has broader economic (8) than might have been
the case (9). These developments have (10) consequences for the institutional
and systemic structure of the financial sector in general and banking in
particular.
1. 1) challenging 2) subjective 3) situated 4) underlying 5)
principled
2. 1) measured 2) motioned 3) habituated 4) processed 5) accelerated
3. 1) concealment 2) disagreement 3) dissemination 4) sowing 5)
differentiation
4. 1) force 2) impetus 3) pull 4) movement 5) energy
5. 1) group 2) rank 3) place 4) range 5) row
6. 1) personal 2) relegated 3) related 4) noticed 5) referenced
7. 1) disruption 2) dissociation 3) shattering 4) split 5) dissection
8. 1) branches 2) clusters 3) arrangement 4) ramifications 5)
subdivisions
9. 1) closely 2) previously 3) timely 4) hastily 5) questioningly
10. 1) stately 2) manifold 3) shrinking 4) applicable 5) functioning
Cloze
Test 3:
Tea prices in the domestic (1) continue to rule high in the
(2) year despite the expectation of a (3) production as compared
to the previous year. According to a preliminary assessment (4) on the
weather (5) in recent months, tea output in the next year may reach 800
tons as (6) 780 tons last year. During the past three months tea prices
have shown an (7). Unlike last year when tea prices were dramatically
low, this year prices seem to have (8) at rather high level. In the
subsequent four months, the (9) average price showed a downtrend, but in
September the price has (10) hardened to a considerable extent.
1. 1) market 2) area 3) sector 4) profit 5) production
2. 1) last 2) first 3) current 4) second 4) earlier
3. 1) lower 2) large 3) higher 4) maximum 5) reasonable
4. 1) shared 2) based 3) carried 4) strategy 5) conducted
5. 1) pattern 2) forecast 3) condition 4) outbreak 5) out bursts
6. 1) to 2) per 3) above 4) against 5) compared
7. 1) upgrade 2) uptrend 3) increased 4) increment 5) incline
8. 1) stabilised 2) surfaced 3) increased 4) moderated 5)
synchronised
9. 1) annual 2) weekly 3) daily 4) quarterly 5) monthly
10. 1) now 2) then 3) since 4) never 5) again
Cloze
Test 4:
A National Horticulture Mission is proposed to be launched with a
goal to (1) horticulture production by 2011 -12. States have been (2)
to join (3) with the Centre in launching this mission and establish
a State Level Cooperative Society for promoting horticulture. Farmers will be (4)
to (5) into oilseeds through promotion of superior seed technology and
through an (6) policy of price support. A model law on (7) of
agricultural produce has been circulated and, so far, ten States have (8) legal
or (9) action for ‘direct marketing’ and ‘contract farming’ arrangements
in line with the model law. The Budget urged all the States to (10) the
model law at an early date.
1. 1) channelise 2) market 3) mobilise 4) double 5) sell off
2. 1) found 2) invited 3) reported 4) noticed 5) dedicated
3. 1) hands 2) themselves 3) them 4) along 5) products
4. 1) empowered 2) encouraged 3) paid 4) granted 5) authorised
5. 1) look 2) turn 3) diversify 4) involve 5) invest
6. 1) independent 2) encouraging 3) expensive 4) exact 5) appropriate
7. 1) distribution 2) storage 3) harvesting 4) marketing 5)
investment
8. 1) precipitated 2) speculated 3) initiated 4) prohibited 5)
enforced
9. 1) penal 2) conforming 3) legitimate 4) informal 5) administrative
10. 1) enact 2) explain 3) interpret 4) clarify 5) elaborate
ANSWERS:
Cloze
Test 1
1. 2 2. 3 3. 5 4. 4 5. 2 6. 1 7. 5 8. 2 9. 4 10. 3
Cloze
Test 2
1. 4 2. 5 3. 3 4. 2 5. 4 6. 3 7. 1 8. 4 9. 2 10. 2
Cloze
Test 3
1. 1 2. 3 3. 3 4. 2 5. 2 6. 4 7. 2 8. 1 9. 5 10. 5
Cloze
Test 4
1. 4 2. 2 3. 1 4. 2 5. 3 6. 5 7. 4 8. 3 9. 5 10. 1
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