Dear Readers, We all knew that SBI has introduced some new pattern in Cloze Test Questions in the Examinations, many of our followers were requesting us to provide Practice Questions based on the new pattern, for that here We have started providing Practice English Questions Based on New pattern. Kindly follow us regularly and make use of it, if you have any suggestion kindly use the comment section below.
[WpProQuiz 3081]
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Direction (1-10): In a passage given below there are 10 blanks, each followed by a word given in bold. Every blank has four alternative words given in options (a), (b), (c) and (d). You have to tell which word will best suit to the respective blank. Mark (e) as your answer if the word given in the bold after the blank is your answer i.e. “No change requires”
LIBOR is the rate that banks charge other banks for unsecured loans. As LIBOR rises above the OIS rate that suggests banks fear it is getting riskier to lend to each other. Market-watchers were already _ (1) _ [tensed]. Last November they _ (2) _ [shakes]as the yield curve, which plots the yields of Treasury bonds of different maturities, abruptly _ (3) _ [compress]. When that happens, it may be because expectations for growth and inflation and hence for interest rates have _ (4) _ [drop]. Then in February, as the stock market dropped, the VIX, an index of volatility dubbed the fear gauge spiked. Start with the yield curve. It can also be flattened by a central bank raising rates in response to buoyant growth today, while long-term expectations are unchanged. Traders might be surprised by bad news about economic growth and future profits. Equally, they might be caught off-guard by good news, such as rising wages, that _ (5) _ [indicated] higher interest rates.
As for the LIBOR-OIS spread, one _ (6) _ [guaranteed] sign is that the price of credit-default swaps, which shows the premium investors must pay to insure against bank default, has barely risen. Some observers think the spread has widened because increased Treasury issuance, a consequence of tax cuts and higher government spending, is drawing short-term funding away from banks. A second possibility is that corporate-tax cuts have encouraged firms to invest or make acquisitions when they would previously have bought banks’ bonds, forcing banks to borrow more in LIBOR markets. All three of the metrics that have had traders _ (7) _ [worry] are signs that financial conditions, more broadly, are tightening. The Fed has been raising rates for over two years precisely because it is trying to apply the brakes, gently, to the economy. Yet for most of that time, markets have _ (8) _ [burst] defiantly, leading hawks to warn that the central bank was letting a bubble inflate. The biggest risk has always been that the Fed might have to act abruptly to see off inflation. On April 18th the IMF warned that markets look exposed to a sudden tightening in financial conditions, perhaps _ (9) _ [generate] by an unexpected rise in interest rates. Threats to the economy can _ (10) _ [covered] in obscure corners of financial markets.
Answers:
Direction (1-10)
1) Correct Answer is: b)
according to the sentence twitchy will be used as it means to be nervous, anxious
2) Correct Answer is: d)
according to the sentence shuddered will be used as it means to shake or fluctuate deeply
3) Correct Answer is: a)
according to the sentence flattened will be used as it means to deflate or knock down
4) Correct Answer is: c)
according to the sentence slumped will be used as it means undergo a sudden severe or prolonged fall in price, value, or amount.
5) Correct Answer is: b) according to the sentence portends will be used as it means be a sign or warning that something is likely to happen.
6) Correct Answer is: a) according to the sentence reassuring will be used as it means say or do something to remove the doubts or encourage
7) correct Answer is: c) according to the sentence fretting will be used as it means to be anxious or distressed
8) Correct Answer is: d) according to the sentence boomed will be used as it means to elevate or heighten
9) Correct Answer is: b) according to the sentence triggered will be used as it means give rise to something
10) Correct Answer is: a) according to the sentence lurk will be used as it means stay hidden or lie in wait
Daily Practice Test Schedule | Good Luck
| Topic | Daily Publishing Time |
| Daily News Papers & Editorials | 8.00 AM |
| Current Affairs Quiz | 9.00 AM |
| Quantitative Aptitude “20-20” | 11.00 AM |
| Vocabulary (Based on The Hindu) | 12.00 PM |
| General Awareness “20-20” | 1.00 PM |
| English Language “20-20” | 2.00 PM |
| Reasoning Puzzles & Seating | 4.00 PM |
| Daily Current Affairs Updates | 5.00 PM |
| Data Interpretation / Application Sums (Topic Wise) | 6.00 PM |
| Reasoning Ability “20-20” | 7.00 PM |
| English Language (New Pattern Questions) | 8.00 PM |
This post was last modified on March 18, 2022 8:49 am