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free Online Test Cloze Test Questions and Answers Quiz 22

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Exercise

"Hold a true friend with both hands."
- (Proverb)
1 . Directions(1 to 10):In the decade since reforms were introduced, India has achieved substantial success in the sphere of macroeconomics. Overall growth rate has been (1) except for the last couple of years. It bears pointing out that we have now come to view a 6 per cent (2) rate as a slowdown! This is a far cry from pre-reforms rate of growth of 3 per cent. The price level has by and large remained (3) both as measured by the WPI and CPI . Indi a’s (4) of payments posi tion has been comfortable. Exports, while (5)some sluggishness this fiscal, have been growing. Imports, in spite of (6) liberalisation, have not gone out of hand. This is amply reflected in the comfortable current account deficits (CAD); the CAD-to-GDP ratio has remained way below the crisis (7) that it had achieved in 1991. The rupee has weathered external turbulence rather well even when East Asia was experiencing (8) difficulties. However, the one unambiguous Achilles’ heel of the reforms has been the (9) state of government finances. One of the two crises that India faced in 1990-91 was the unsustainable imbalance between government revenues and (10).

Q. (1)
A.  pulsating B.    shocked
C.  commendable D.    promotable
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2 . (2)
A.  production B.    consumption
C.  index D.    growth
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3 . (3)
A.  moderate B.    lukewarm
C.  shaky D.    considerate
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4 . (4)
A.  ledger B.    balance
C.  equilibrium D.    intension
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5 . (5)
A.  demonstrated B.    exercising
C.  rejecting D.    exhibiting
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6 . (6)
A.  substantial B.    exemplary
C.  indicative D.    conservative
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7 . (7)
A.  rationalisation B.    handling
C.  management D.    proportions
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8 . (8)
A.  crisis B.    overcoming
C.  severe D.    enjoyable
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9 . (9)
A.  critical B.    vulnerable
C.  prone D.    attackable
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10 . (10)
A.  surplus B.    measurement
C.  thinking D.    expenditure
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