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ENGLISH READING COMPREHENSION TEST 15 for All Bank Exams like IBPS PO Clerk, IBPS RRB, SBI & LIC

Directions (Q.1- 8): In the following passage there are blanks each of which has been numbered. These numbers are printed below the passage and against each, five words/phrases are suggested one of which fits the blank appropriately. Find out the appropriate word/phrase in each case:

Mr. Padmanabhan (1) that there were risks (2) with full capital account (3). Yet, he felt that resisting liberalization over an extended period could prove futile and counter-productive. As the economy got more globalised, it would become harder to (4) closed capital accounts, Mr. Padmanabhan said. "(5) openness to international trade may create opportunities for (6) of capital account restrictions through under- and over-invoicing of trade transactions, and the increasing (7) of investors and global financial markets makes it much easier to do so,'' he conceded. Corporates could use transfer pricing to get around capital account restrictions, he said. However, keeping any restriction for too long could prove self-defeating as people ended up finding new methods of bypassing that (8), he added. Ipso facto, he felt, India should move towards full capital account convertibility. "There is simply no escape from it,'' Mr. Padmanabhan asserted.
1.
1) conceded
2) retained
3) gained
4) concede
5) denied

2.  
1) associate
2) associated
3) considerate
4) incorporate
5) conjoin

3.
1) inconvertibility
2) convertible
3) inconvertible
4) convertibility
5) exchangeable

4. 
1) preserved 
2) display
3) maintain 
4) elevate 
5) dissolve 

5. 
1) decreasing
2) Increasing
3) increased
4) decreased
5) diminished 

6.
1) escape
2) evade
3) dodge
4) circumvent
5) circumvention

7.
1) crude
2) sophistication 
3) backward
4) naive
5) sophisticated

8.
1) restricted
2) construction
3) constructed
4) restriction
5) liberation 

Directions (8- 15): Which of the phrase (1), (2), (3), (4) given below each sentences should replace the phrase printed in bold to make the sentence grammatically correct? If the sentence is correct as it is, mark (5) is 'No correction required' as the answer.

9. He has visited many places all over the city looked at the perfect location to set up his factory.
1) looking out
2) looking for
3) looking after
4) looked forward to
5) No correction required

10. No traffic will be allowed in this area since the minister visit scheduled today.
1) minister's visit
2) minister is visiting
3) minister's visit is
4) visit of the minister
5) No correction required

11. Medical treatment here is very expensive that they had to sell off their land to pay for it.
1) quite expensive and
2) too expensive for
3) so expensive but
4) more expensive
5) No correction required

12. To be successful it is important to know why your failure in the past and ensure that it doesn't happen again.
1) Why you had failed
2) because you have failed
3) that your failure
4) where you were failed
5) No correction required

13. These hand woven shawls are much in demand in many European countries.
1) were much demand
2) are lots of demand
3) demanded much
4) will be lot of demand
5) No correction required

14. Our country is one of the most densely populated in the world and need increased food production.
1) needy of increasing
2) needed an increase
3) need increasingly the
4) needs to increase
5) No correction required

15. This is an organisation which helps the poor by providing loans at mostly less rates of interest.
1) at much smaller
2) at very low
3) with such lower
4) for so little
5) No correction required

Answers..

1. (1)
2. (2)
3. (4)
4. (3)
5. (2)
6. (5)
7. (2)
8. (4)
9. (2)
10. (3)
11. (1)
12. (1)
13. (5)
14. (4)
15. (2)


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