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free Online Test Cloze Test Questions and Answers Quiz 54

Description: Free Online Test questions and answers on Cloze Test with explanation for various competitive exams,entrance test. Solved examples with detailed answer test 54

Exercise

"Example is better than precept."
- (Proverb)
1 . Directions(1 to 10):Mobile banking (M banking) involves the use of a mobi le phone or any other mobile device to ( 1) financial transactions linked to a client’s account. M banking is new in most countries and most mobile payment models even in developed countries to date operate on a (2) scale. A mobile network offers a (3) avai labl e technol ogy pl atform onto whi ch other services can be provided at low cost with effective results. For example, M banking services which use (4) such as SMS can be carried at a cost of less than one US cent per message. The low cost of using existing infrastructure makes such services more (5) to use by customers with lower purchasing power and opens up access to services which did not reach them earlier due to (6) cost of service delivery. Although M banking is one aspect in the wider (7) of e-banking there are reasons to single it out for focus—especially because there are a lot more people with mobile phones than bank accounts in India. M banking could provide a (8) solution to bring more “unbanked” people to the financial mainstream. Without traditional credit, individuals are ( 9) to exploitation by abusive lenders offering very high interest rates on short term loans. Also of considerable importance are public safety implications for the unbanked—they are often victims of crime because many operate on a cash-only basis and end up carrying significant amounts of cash on their (10) or store cash in their homes.

Q. (1)
A.  disburse B.    undertake
C.  subscribe D.    lure
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2 . (2)
A.  full B.    voluminous
C.  substantial D.    limited
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3 . (3)
A.  readily B.    tangible
C.  routinely D.    securly
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4 . (4)
A.  process B.    waves
C.  deliveries D.    channels
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5 . (5)
A.  valuable B.    answerable
C.  amenable D.    exposed
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6 . (6)
A.  waning B.    stable
C.  high D.    marginal
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7 . (7)
A.  archive B.    domain
C.  purpose D.    component
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8 . (8)
A.  law-abiding B.    tried
C.  reassuring D.    cost-effective
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9 . (9)
A.  inclined B.    immune
C.  vulnerable D.    surrendered
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10 . (10)
A.  person B.    own
C.  relatives D.    purses
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