NIACL Assistant Mock Test - 8 - Insurance Exams MCQ

Directions : Read the following paragraph. Some of the words have been highlighted in bold. Answer the questions based on this paragraph.

The internet has become the integral part of today’s generation of people; from communicating through instant messages and emails to banking, travelling, studying and shopping, internet has touched every aspect of life. With the growing use of the internet by people, protecting important information has become a necessity.  A computer that is not having appropriate security controls can be infected with malicious logic and thus any type of information can be accessed in moments. Number of infected Web Pages and malicious websites can be seen every day that infects the computer and allow hackers to gain illegal access to other computer systems.

Hacking of important data, network outages, computer viruses and other cyber related threats affect our lives that range from minor inconvenience to serious incidents. Cyber threats can be caused due to negligence and vulnerabilities, or unintentional accidents. The main objectives of such type of system attackers or hackers are to steal confidential information, to make illegal monetary transactions, to destroy or to change data and the like. System attackers can be terrorists, crackers or recreational hackers. They have a variety of tools that can harm or infect the computer; usually they use malicious logic or virus to gain unauthorized access to a computer. Opening email attachments that carry the virus, clicking malicious links or websites or unintentionally downloading a dangerous program are common ways through which a computer can be infected and data can be stolen.

As the number of data networks, digital applications, as well as internet and mobile users are growing, so do the chances of cyber exploitation and cyber crimes. Even a small mistake in securing data or bad social networking can prove to be extremely dangerous. If accounts are not properly secured, it makes easier for hackers or unauthorized users to spread viruses or social engineered attacks that are designed to steal data and even money. Such types of issues highlight the need for cyber security as an essential approach in protecting and preventing data from being used inappropriately.

In simple language, Cyber Security or Information technology security means protecting data, networks, programs and other information from unauthorized or unintended access, destruction or change. It encompasses all the mechanisms and processes that protect digital equipment, information and records from illegal or unintended access, manipulation or destruction.

In today’s dynamic environment, cyber security has become vital for individuals and families, as well as organizations (such as military, government, business houses, educational and financial institutions, corporations and others) that collect and store a wide range of confidential data on computers and transmit that to other computers across different networks. For families, protection of children and family members from cyber crime has become substantially important. For an individual, protecting information

that could impact social life as well as personal finance is essential. The internet has provided a wide array of learning opportunities, but there are risks too. Photos, videos and other personal information shared by an individual on social networking sites such as Facebook, Twitter can be inappropriately used by others may lead to serious and even life-threatening incidents. Social networking sites have become the most popular medium for sharing information and connecting with other people. But these sites have created varied opportunities for cybercrimes, compromised personal identities and information leakage. Therefore, it is important for individuals to understand how to protect against cyber threats, and must also comprehend the difference between virtual and real world. One should learn how to protect computers and personal information from being hacked and should engage in appropriate online behaviour in order to eliminate changes of cyber threats and thereby creating a safer online environment.

Q.  According to this passage, how the virus gets into the computers?

Directions : Read the following paragraph. Some of the words have been highlighted in bold. Answer the questions based on this paragraph.

The internet has become the integral part of today’s generation of people; from communicating through instant messages and emails to banking, travelling, studying and shopping, internet has touched every aspect of life. With the growing use of the internet by people, protecting important information has become a necessity.  A computer that is not having appropriate security controls can be infected with malicious logic and thus any type of information can be accessed in moments. Number of infected Web Pages and malicious websites can be seen every day that infects the computer and allow hackers to gain illegal access to other computer systems.

Hacking of important data, network outages, computer viruses and other cyber related threats affect our lives that range from minor inconvenience to serious incidents. Cyber threats can be caused due to negligence and vulnerabilities, or unintentional accidents. The main objectives of such type of system attackers or hackers are to steal confidential information, to make illegal monetary transactions, to destroy or to change data and the like. System attackers can be terrorists, crackers or recreational hackers. They have a variety of tools that can harm or infect the computer; usually they use malicious logic or virus to gain unauthorized access to a computer. Opening email attachments that carry the virus, clicking malicious links or websites or unintentionally downloading a dangerous program are common ways through which a computer can be infected and data can be stolen.

As the number of data networks, digital applications, as well as internet and mobile users are growing, so do the chances of cyber exploitation and cyber crimes. Even a small mistake in securing data or bad social networking can prove to be extremely dangerous. If accounts are not properly secured, it makes easier for hackers or unauthorized users to spread viruses or social engineered attacks that are designed to steal data and even money. Such types of issues highlight the need for cyber security as an essential approach in protecting and preventing data from being used inappropriately.

In simple language, Cyber Security or Information technology security means protecting data, networks, programs and other information from unauthorized or unintended access, destruction or change. It encompasses all the mechanisms and processes that protect digital equipment, information and records from illegal or unintended access, manipulation or destruction.

In today’s dynamic environment, cyber security has become vital for individuals and families, as well as organizations (such as military, government, business houses, educational and financial institutions, corporations and others) that collect and store a wide range of confidential data on computers and transmit that to other computers across different networks. For families, protection of children and family members from cyber crime has become substantially important. For an individual, protecting information

that could impact social life as well as personal finance is essential. The internet has provided a wide array of learning opportunities, but there are risks too. Photos, videos and other personal information shared by an individual on social networking sites such as Facebook, Twitter can be inappropriately used by others may lead to serious and even life-threatening incidents. Social networking sites have become the most popular medium for sharing information and connecting with other people. But these sites have created varied opportunities for cybercrimes, compromised personal identities and information leakage. Therefore, it is important for individuals to understand how to protect against cyber threats, and must also comprehend the difference between virtual and real world. One should learn how to protect computers and personal information from being hacked and should engage in appropriate online behaviour in order to eliminate changes of cyber threats and thereby creating a safer online environment.

Q. What will be the apt title for this passage?

Directions : Read the following paragraph. Some of the words have been highlighted in bold. Answer the questions based on this paragraph.

The internet has become the integral part of today’s generation of people; from communicating through instant messages and emails to banking, travelling, studying and shopping, internet has touched every aspect of life. With the growing use of the internet by people, protecting important information has become a necessity.  A computer that is not having appropriate security controls can be infected with malicious logic and thus any type of information can be accessed in moments. Number of infected Web Pages and malicious websites can be seen every day that infects the computer and allow hackers to gain illegal access to other computer systems.

Hacking of important data, network outages, computer viruses and other cyber related threats affect our lives that range from minor inconvenience to serious incidents. Cyber threats can be caused due to negligence and vulnerabilities, or unintentional accidents. The main objectives of such type of system attackers or hackers are to steal confidential information, to make illegal monetary transactions, to destroy or to change data and the like. System attackers can be terrorists, crackers or recreational hackers. They have a variety of tools that can harm or infect the computer; usually they use malicious logic or virus to gain unauthorized access to a computer. Opening email attachments that carry the virus, clicking malicious links or websites or unintentionally downloading a dangerous program are common ways through which a computer can be infected and data can be stolen.

As the number of data networks, digital applications, as well as internet and mobile users are growing, so do the chances of cyber exploitation and cyber crimes. Even a small mistake in securing data or bad social networking can prove to be extremely dangerous. If accounts are not properly secured, it makes easier for hackers or unauthorized users to spread viruses or social engineered attacks that are designed to steal data and even money. Such types of issues highlight the need for cyber security as an essential approach in protecting and preventing data from being used inappropriately.

In simple language, Cyber Security or Information technology security means protecting data, networks, programs and other information from unauthorized or unintended access, destruction or change. It encompasses all the mechanisms and processes that protect digital equipment, information and records from illegal or unintended access, manipulation or destruction.

In today’s dynamic environment, cyber security has become vital for individuals and families, as well as organizations (such as military, government, business houses, educational and financial institutions, corporations and others) that collect and store a wide range of confidential data on computers and transmit that to other computers across different networks. For families, protection of children and family members from cyber crime has become substantially important. For an individual, protecting information

that could impact social life as well as personal finance is essential. The internet has provided a wide array of learning opportunities, but there are risks too. Photos, videos and other personal information shared by an individual on social networking sites such as Facebook, Twitter can be inappropriately used by others may lead to serious and even life-threatening incidents. Social networking sites have become the most popular medium for sharing information and connecting with other people. But these sites have created varied opportunities for cybercrimes, compromised personal identities and information leakage. Therefore, it is important for individuals to understand how to protect against cyber threats, and must also comprehend the difference between virtual and real world. One should learn how to protect computers and personal information from being hacked and should engage in appropriate online behaviour in order to eliminate changes of cyber threats and thereby creating a safer online environment.

Q. In the following question, find the word that is most similar in the meaning to the word ‘malicious’?

Directions : Read the following paragraph. Some of the words have been highlighted in bold. Answer the questions based on this paragraph.

The internet has become the integral part of today’s generation of people; from communicating through instant messages and emails to banking, travelling, studying and shopping, internet has touched every aspect of life. With the growing use of the internet by people, protecting important information has become a necessity.  A computer that is not having appropriate security controls can be infected with malicious logic and thus any type of information can be accessed in moments. Number of infected Web Pages and malicious websites can be seen every day that infects the computer and allow hackers to gain illegal access to other computer systems.

Hacking of important data, network outages, computer viruses and other cyber related threats affect our lives that range from minor inconvenience to serious incidents. Cyber threats can be caused due to negligence and vulnerabilities, or unintentional accidents. The main objectives of such type of system attackers or hackers are to steal confidential information, to make illegal monetary transactions, to destroy or to change data and the like. System attackers can be terrorists, crackers or recreational hackers. They have a variety of tools that can harm or infect the computer; usually they use malicious logic or virus to gain unauthorized access to a computer. Opening email attachments that carry the virus, clicking malicious links or websites or unintentionally downloading a dangerous program are common ways through which a computer can be infected and data can be stolen.

As the number of data networks, digital applications, as well as internet and mobile users are growing, so do the chances of cyber exploitation and cyber crimes. Even a small mistake in securing data or bad social networking can prove to be extremely dangerous. If accounts are not properly secured, it makes easier for hackers or unauthorized users to spread viruses or social engineered attacks that are designed to steal data and even money. Such types of issues highlight the need for cyber security as an essential approach in protecting and preventing data from being used inappropriately.

In simple language, Cyber Security or Information technology security means protecting data, networks, programs and other information from unauthorized or unintended access, destruction or change. It encompasses all the mechanisms and processes that protect digital equipment, information and records from illegal or unintended access, manipulation or destruction.

In today’s dynamic environment, cyber security has become vital for individuals and families, as well as organizations (such as military, government, business houses, educational and financial institutions, corporations and others) that collect and store a wide range of confidential data on computers and transmit that to other computers across different networks. For families, protection of children and family members from cyber crime has become substantially important. For an individual, protecting information

that could impact social life as well as personal finance is essential. The internet has provided a wide array of learning opportunities, but there are risks too. Photos, videos and other personal information shared by an individual on social networking sites such as Facebook, Twitter can be inappropriately used by others may lead to serious and even life-threatening incidents. Social networking sites have become the most popular medium for sharing information and connecting with other people. But these sites have created varied opportunities for cybercrimes, compromised personal identities and information leakage. Therefore, it is important for individuals to understand how to protect against cyber threats, and must also comprehend the difference between virtual and real world. One should learn how to protect computers and personal information from being hacked and should engage in appropriate online behaviour in order to eliminate changes of cyber threats and thereby creating a safer online environment.

Q. In the following question, find the word that is most similar in the meaning to the word “illegal”?

Directions : Read the following paragraph. Some of the words have been highlighted in bold. Answer the questions based on this paragraph.

The internet has become the integral part of today’s generation of people; from communicating through instant messages and emails to banking, travelling, studying and shopping, internet has touched every aspect of life. With the growing use of the internet by people, protecting important information has become a necessity.  A computer that is not having appropriate security controls can be infected with malicious logic and thus any type of information can be accessed in moments. Number of infected Web Pages and malicious websites can be seen every day that infects the computer and allow hackers to gain illegal access to other computer systems.

Hacking of important data, network outages, computer viruses and other cyber related threats affect our lives that range from minor inconvenience to serious incidents. Cyber threats can be caused due to negligence and vulnerabilities, or unintentional accidents. The main objectives of such type of system attackers or hackers are to steal confidential information, to make illegal monetary transactions, to destroy or to change data and the like. System attackers can be terrorists, crackers or recreational hackers. They have a variety of tools that can harm or infect the computer; usually they use malicious logic or virus to gain unauthorized access to a computer. Opening email attachments that carry the virus, clicking malicious links or websites or unintentionally downloading a dangerous program are common ways through which a computer can be infected and data can be stolen.

As the number of data networks, digital applications, as well as internet and mobile users are growing, so do the chances of cyber exploitation and cyber crimes. Even a small mistake in securing data or bad social networking can prove to be extremely dangerous. If accounts are not properly secured, it makes easier for hackers or unauthorized users to spread viruses or social engineered attacks that are designed to steal data and even money. Such types of issues highlight the need for cyber security as an essential approach in protecting and preventing data from being used inappropriately.

In simple language, Cyber Security or Information technology security means protecting data, networks, programs and other information from unauthorized or unintended access, destruction or change. It encompasses all the mechanisms and processes that protect digital equipment, information and records from illegal or unintended access, manipulation or destruction.

In today’s dynamic environment, cyber security has become vital for individuals and families, as well as organizations (such as military, government, business houses, educational and financial institutions, corporations and others) that collect and store a wide range of confidential data on computers and transmit that to other computers across different networks. For families, protection of children and family members from cyber crime has become substantially important. For an individual, protecting information

that could impact social life as well as personal finance is essential. The internet has provided a wide array of learning opportunities, but there are risks too. Photos, videos and other personal information shared by an individual on social networking sites such as Facebook, Twitter can be inappropriately used by others may lead to serious and even life-threatening incidents. Social networking sites have become the most popular medium for sharing information and connecting with other people. But these sites have created varied opportunities for cybercrimes, compromised personal identities and information leakage. Therefore, it is important for individuals to understand how to protect against cyber threats, and must also comprehend the difference between virtual and real world. One should learn how to protect computers and personal information from being hacked and should engage in appropriate online behaviour in order to eliminate changes of cyber threats and thereby creating a safer online environment.

Q. In the following question, find the word that is opposite in the meaning to the word “unauthorized”?

Directions : Read the following paragraph. Some of the words have been highlighted in bold. Answer the questions based on this paragraph.

The internet has become the integral part of today’s generation of people; from communicating through instant messages and emails to banking, travelling, studying and shopping, internet has touched every aspect of life. With the growing use of the internet by people, protecting important information has become a necessity.  A computer that is not having appropriate security controls can be infected with malicious logic and thus any type of information can be accessed in moments. Number of infected Web Pages and malicious websites can be seen every day that infects the computer and allow hackers to gain illegal access to other computer systems.

Hacking of important data, network outages, computer viruses and other cyber related threats affect our lives that range from minor inconvenience to serious incidents. Cyber threats can be caused due to negligence and vulnerabilities, or unintentional accidents. The main objectives of such type of system attackers or hackers are to steal confidential information, to make illegal monetary transactions, to destroy or to change data and the like. System attackers can be terrorists, crackers or recreational hackers. They have a variety of tools that can harm or infect the computer; usually they use malicious logic or virus to gain unauthorized access to a computer. Opening email attachments that carry the virus, clicking malicious links or websites or unintentionally downloading a dangerous program are common ways through which a computer can be infected and data can be stolen.

As the number of data networks, digital applications, as well as internet and mobile users are growing, so do the chances of cyber exploitation and cyber crimes. Even a small mistake in securing data or bad social networking can prove to be extremely dangerous. If accounts are not properly secured, it makes easier for hackers or unauthorized users to spread viruses or social engineered attacks that are designed to steal data and even money. Such types of issues highlight the need for cyber security as an essential approach in protecting and preventing data from being used inappropriately.

In simple language, Cyber Security or Information technology security means protecting data, networks, programs and other information from unauthorized or unintended access, destruction or change. It encompasses all the mechanisms and processes that protect digital equipment, information and records from illegal or unintended access, manipulation or destruction.

In today’s dynamic environment, cyber security has become vital for individuals and families, as well as organizations (such as military, government, business houses, educational and financial institutions, corporations and others) that collect and store a wide range of confidential data on computers and transmit that to other computers across different networks. For families, protection of children and family members from cyber crime has become substantially important. For an individual, protecting information

that could impact social life as well as personal finance is essential. The internet has provided a wide array of learning opportunities, but there are risks too. Photos, videos and other personal information shared by an individual on social networking sites such as Facebook, Twitter can be inappropriately used by others may lead to serious and even life-threatening incidents. Social networking sites have become the most popular medium for sharing information and connecting with other people. But these sites have created varied opportunities for cybercrimes, compromised personal identities and information leakage. Therefore, it is important for individuals to understand how to protect against cyber threats, and must also comprehend the difference between virtual and real world. One should learn how to protect computers and personal information from being hacked and should engage in appropriate online behaviour in order to eliminate changes of cyber threats and thereby creating a safer online environment.

Q. In the following question, find the word that is opposite in the meaning to the word “appropriate”?

Directions : Read the following paragraph. Some of the words have been highlighted in bold. Answer the questions based on this paragraph.

The internet has become the integral part of today’s generation of people; from communicating through instant messages and emails to banking, travelling, studying and shopping, internet has touched every aspect of life. With the growing use of the internet by people, protecting important information has become a necessity.  A computer that is not having appropriate security controls can be infected with malicious logic and thus any type of information can be accessed in moments. Number of infected Web Pages and malicious websites can be seen every day that infects the computer and allow hackers to gain illegal access to other computer systems.

Hacking of important data, network outages, computer viruses and other cyber related threats affect our lives that range from minor inconvenience to serious incidents. Cyber threats can be caused due to negligence and vulnerabilities, or unintentional accidents. The main objectives of such type of system attackers or hackers are to steal confidential information, to make illegal monetary transactions, to destroy or to change data and the like. System attackers can be terrorists, crackers or recreational hackers. They have a variety of tools that can harm or infect the computer; usually they use malicious logic or virus to gain unauthorized access to a computer. Opening email attachments that carry the virus, clicking malicious links or websites or unintentionally downloading a dangerous program are common ways through which a computer can be infected and data can be stolen.

As the number of data networks, digital applications, as well as internet and mobile users are growing, so do the chances of cyber exploitation and cyber crimes. Even a small mistake in securing data or bad social networking can prove to be extremely dangerous. If accounts are not properly secured, it makes easier for hackers or unauthorized users to spread viruses or social engineered attacks that are designed to steal data and even money. Such types of issues highlight the need for cyber security as an essential approach in protecting and preventing data from being used inappropriately.

In simple language, Cyber Security or Information technology security means protecting data, networks, programs and other information from unauthorized or unintended access, destruction or change. It encompasses all the mechanisms and processes that protect digital equipment, information and records from illegal or unintended access, manipulation or destruction.

In today’s dynamic environment, cyber security has become vital for individuals and families, as well as organizations (such as military, government, business houses, educational and financial institutions, corporations and others) that collect and store a wide range of confidential data on computers and transmit that to other computers across different networks. For families, protection of children and family members from cyber crime has become substantially important. For an individual, protecting information

that could impact social life as well as personal finance is essential. The internet has provided a wide array of learning opportunities, but there are risks too. Photos, videos and other personal information shared by an individual on social networking sites such as Facebook, Twitter can be inappropriately used by others may lead to serious and even life-threatening incidents. Social networking sites have become the most popular medium for sharing information and connecting with other people. But these sites have created varied opportunities for cybercrimes, compromised personal identities and information leakage. Therefore, it is important for individuals to understand how to protect against cyber threats, and must also comprehend the difference between virtual and real world. One should learn how to protect computers and personal information from being hacked and should engage in appropriate online behaviour in order to eliminate changes of cyber threats and thereby creating a safer online environment.

Q. In the following question, find the word that is most similar in the meaning to the word “unintentional”?

Directions : 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.

India’s external balance sheet may have improved significantly since the infamous taper tantrum of 2013, but there are now ____(81)____  that warrant more caution from policymakers. Last week, the current account deficit (CAD) widened to a four-year high of $14.3 billion in the first quarter of the current financial year, standing at 2.4% of gross domestic product, ___(82)____  to 0.1% last year. The widening CAD __(83)___  driven by a greater increase in merchandise imports ___(84)___  exports. A strong capital account surplus, however, has helped the country __(85)___ for its import bills without much trouble. Foreign investors starved of yield have been stepping up their investments in India, which remains one of the few places offering higher yields. Compared to last year, net FDI almost doubled to $7.2 billion in the first quarter, while net portfolio investment jumped about six times to $12.5 billion. The strong inflow of foreign capital has also __(86)___ to a significant increase in foreign reserve holdings, thanks to the Reserve Bank of India which has been busy buying dollars to weaken the rupee. Forex reserves were at an all-time high of $400.7 billion for the week ending September 8, while the rupee has appreciated by over 6% against the dollar this year. Low global oil prices ___(87)___ the last two years have also helped contain a good portion of its import bills.

All this might change with the impending tightening of monetary policy by the U.S. Federal Reserve and other central banks. After all, emerging Asian markets have been the __(88)____ beneficiaries of loose monetary policy in the West, so any change in stance would most definitely affect them. Indian companies, for instance, have aggressively tapped into the market for rupee-denominated foreign debt, which can work ___(89)____ them if the flow of foreign capital turns volatile. The RBI has been regulating the ___(90)___  and quality of such borrowings, so it may seem like things are under control for now. Further, India’s total external debt declined by 2.7% during the financial year 2016-17, standing at $471.9 billion, driven by a fall in external commercial borrowings and deposits by non-resident Indians. The World Bank, in fact, has said that India’s external dynamics ___(91)____  very favourable given the size of its economy and foreign reserve holdings. But a prolonged period of unfavourable trade balance when combined with volatile international capital flows can __(92)___ to unsavoury macroeconomic situations. According to a __(93)___ by India Ratings & Research earlier this year, a 10% depreciation of the rupee combined with a 50 basis point interest rate __(94)___ can severely affect most Indian borrowers. It added that as much as 65% of foreign debt exposure of Indian companies may be unhedged. As the world looks to withdraw from an era of historically low interest rates, it would be wise for India’s policymakers to be ready with an ___(95)___ plan to tackle a period of significant volatility.

Directions : 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.

India’s external balance sheet may have improved significantly since the infamous taper tantrum of 2013, but there are now ____(81)____  that warrant more caution from policymakers. Last week, the current account deficit (CAD) widened to a four-year high of $14.3 billion in the first quarter of the current financial year, standing at 2.4% of gross domestic product, ___(82)____  to 0.1% last year. The widening CAD __(83)___  driven by a greater increase in merchandise imports ___(84)___  exports. A strong capital account surplus, however, has helped the country __(85)___ for its import bills without much trouble. Foreign investors starved of yield have been stepping up their investments in India, which remains one of the few places offering higher yields. Compared to last year, net FDI almost doubled to $7.2 billion in the first quarter, while net portfolio investment jumped about six times to $12.5 billion. The strong inflow of foreign capital has also __(86)___ to a significant increase in foreign reserve holdings, thanks to the Reserve Bank of India which has been busy buying dollars to weaken the rupee. Forex reserves were at an all-time high of $400.7 billion for the week ending September 8, while the rupee has appreciated by over 6% against the dollar this year. Low global oil prices ___(87)___ the last two years have also helped contain a good portion of its import bills.

All this might change with the impending tightening of monetary policy by the U.S. Federal Reserve and other central banks. After all, emerging Asian markets have been the __(88)____ beneficiaries of loose monetary policy in the West, so any change in stance would most definitely affect them. Indian companies, for instance, have aggressively tapped into the market for rupee-denominated foreign debt, which can work ___(89)____ them if the flow of foreign capital turns volatile. The RBI has been regulating the ___(90)___  and quality of such borrowings, so it may seem like things are under control for now. Further, India’s total external debt declined by 2.7% during the financial year 2016-17, standing at $471.9 billion, driven by a fall in external commercial borrowings and deposits by non-resident Indians. The World Bank, in fact, has said that India’s external dynamics ___(91)____  very favourable given the size of its economy and foreign reserve holdings. But a prolonged period of unfavourable trade balance when combined with volatile international capital flows can __(92)___ to unsavoury macroeconomic situations. According to a __(93)___ by India Ratings & Research earlier this year, a 10% depreciation of the rupee combined with a 50 basis point interest rate __(94)___ can severely affect most Indian borrowers. It added that as much as 65% of foreign debt exposure of Indian companies may be unhedged. As the world looks to withdraw from an era of historically low interest rates, it would be wise for India’s policymakers to be ready with an ___(95)___ plan to tackle a period of significant volatility.

Directions : 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.

India’s external balance sheet may have improved significantly since the infamous taper tantrum of 2013, but there are now ____(81)____  that warrant more caution from policymakers. Last week, the current account deficit (CAD) widened to a four-year high of $14.3 billion in the first quarter of the current financial year, standing at 2.4% of gross domestic product, ___(82)____  to 0.1% last year. The widening CAD __(83)___  driven by a greater increase in merchandise imports ___(84)___  exports. A strong capital account surplus, however, has helped the country __(85)___ for its import bills without much trouble. Foreign investors starved of yield have been stepping up their investments in India, which remains one of the few places offering higher yields. Compared to last year, net FDI almost doubled to $7.2 billion in the first quarter, while net portfolio investment jumped about six times to $12.5 billion. The strong inflow of foreign capital has also __(86)___ to a significant increase in foreign reserve holdings, thanks to the Reserve Bank of India which has been busy buying dollars to weaken the rupee. Forex reserves were at an all-time high of $400.7 billion for the week ending September 8, while the rupee has appreciated by over 6% against the dollar this year. Low global oil prices ___(87)___ the last two years have also helped contain a good portion of its import bills.

All this might change with the impending tightening of monetary policy by the U.S. Federal Reserve and other central banks. After all, emerging Asian markets have been the __(88)____ beneficiaries of loose monetary policy in the West, so any change in stance would most definitely affect them. Indian companies, for instance, have aggressively tapped into the market for rupee-denominated foreign debt, which can work ___(89)____ them if the flow of foreign capital turns volatile. The RBI has been regulating the ___(90)___  and quality of such borrowings, so it may seem like things are under control for now. Further, India’s total external debt declined by 2.7% during the financial year 2016-17, standing at $471.9 billion, driven by a fall in external commercial borrowings and deposits by non-resident Indians. The World Bank, in fact, has said that India’s external dynamics ___(91)____  very favourable given the size of its economy and foreign reserve holdings. But a prolonged period of unfavourable trade balance when combined with volatile international capital flows can __(92)___ to unsavoury macroeconomic situations. According to a __(93)___ by India Ratings & Research earlier this year, a 10% depreciation of the rupee combined with a 50 basis point interest rate __(94)___ can severely affect most Indian borrowers. It added that as much as 65% of foreign debt exposure of Indian companies may be unhedged. As the world looks to withdraw from an era of historically low interest rates, it would be wise for India’s policymakers to be ready with an ___(95)___ plan to tackle a period of significant volatility.

Directions : 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.

India’s external balance sheet may have improved significantly since the infamous taper tantrum of 2013, but there are now ____(81)____  that warrant more caution from policymakers. Last week, the current account deficit (CAD) widened to a four-year high of $14.3 billion in the first quarter of the current financial year, standing at 2.4% of gross domestic product, ___(82)____  to 0.1% last year. The widening CAD __(83)___  driven by a greater increase in merchandise imports ___(84)___  exports. A strong capital account surplus, however, has helped the country __(85)___ for its import bills without much trouble. Foreign investors starved of yield have been stepping up their investments in India, which remains one of the few places offering higher yields. Compared to last year, net FDI almost doubled to $7.2 billion in the first quarter, while net portfolio investment jumped about six times to $12.5 billion. The strong inflow of foreign capital has also __(86)___ to a significant increase in foreign reserve holdings, thanks to the Reserve Bank of India which has been busy buying dollars to weaken the rupee. Forex reserves were at an all-time high of $400.7 billion for the week ending September 8, while the rupee has appreciated by over 6% against the dollar this year. Low global oil prices ___(87)___ the last two years have also helped contain a good portion of its import bills.

All this might change with the impending tightening of monetary policy by the U.S. Federal Reserve and other central banks. After all, emerging Asian markets have been the __(88)____ beneficiaries of loose monetary policy in the West, so any change in stance would most definitely affect them. Indian companies, for instance, have aggressively tapped into the market for rupee-denominated foreign debt, which can work ___(89)____ them if the flow of foreign capital turns volatile. The RBI has been regulating the ___(90)___  and quality of such borrowings, so it may seem like things are under control for now. Further, India’s total external debt declined by 2.7% during the financial year 2016-17, standing at $471.9 billion, driven by a fall in external commercial borrowings and deposits by non-resident Indians. The World Bank, in fact, has said that India’s external dynamics ___(91)____  very favourable given the size of its economy and foreign reserve holdings. But a prolonged period of unfavourable trade balance when combined with volatile international capital flows can __(92)___ to unsavoury macroeconomic situations. According to a __(93)___ by India Ratings & Research earlier this year, a 10% depreciation of the rupee combined with a 50 basis point interest rate __(94)___ can severely affect most Indian borrowers. It added that as much as 65% of foreign debt exposure of Indian companies may be unhedged. As the world looks to withdraw from an era of historically low interest rates, it would be wise for India’s policymakers to be ready with an ___(95)___ plan to tackle a period of significant volatility.

Directions : 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.

India’s external balance sheet may have improved significantly since the infamous taper tantrum of 2013, but there are now ____(81)____  that warrant more caution from policymakers. Last week, the current account deficit (CAD) widened to a four-year high of $14.3 billion in the first quarter of the current financial year, standing at 2.4% of gross domestic product, ___(82)____  to 0.1% last year. The widening CAD __(83)___  driven by a greater increase in merchandise imports ___(84)___  exports. A strong capital account surplus, however, has helped the country __(85)___ for its import bills without much trouble. Foreign investors starved of yield have been stepping up their investments in India, which remains one of the few places offering higher yields. Compared to last year, net FDI almost doubled to $7.2 billion in the first quarter, while net portfolio investment jumped about six times to $12.5 billion. The strong inflow of foreign capital has also __(86)___ to a significant increase in foreign reserve holdings, thanks to the Reserve Bank of India which has been busy buying dollars to weaken the rupee. Forex reserves were at an all-time high of $400.7 billion for the week ending September 8, while the rupee has appreciated by over 6% against the dollar this year. Low global oil prices ___(87)___ the last two years have also helped contain a good portion of its import bills.

All this might change with the impending tightening of monetary policy by the U.S. Federal Reserve and other central banks. After all, emerging Asian markets have been the __(88)____ beneficiaries of loose monetary policy in the West, so any change in stance would most definitely affect them. Indian companies, for instance, have aggressively tapped into the market for rupee-denominated foreign debt, which can work ___(89)____ them if the flow of foreign capital turns volatile. The RBI has been regulating the ___(90)___  and quality of such borrowings, so it may seem like things are under control for now. Further, India’s total external debt declined by 2.7% during the financial year 2016-17, standing at $471.9 billion, driven by a fall in external commercial borrowings and deposits by non-resident Indians. The World Bank, in fact, has said that India’s external dynamics ___(91)____  very favourable given the size of its economy and foreign reserve holdings. But a prolonged period of unfavourable trade balance when combined with volatile international capital flows can __(92)___ to unsavoury macroeconomic situations. According to a __(93)___ by India Ratings & Research earlier this year, a 10% depreciation of the rupee combined with a 50 basis point interest rate __(94)___ can severely affect most Indian borrowers. It added that as much as 65% of foreign debt exposure of Indian companies may be unhedged. As the world looks to withdraw from an era of historically low interest rates, it would be wise for India’s policymakers to be ready with an ___(95)___ plan to tackle a period of significant volatility.

Directions : 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.

India’s external balance sheet may have improved significantly since the infamous taper tantrum of 2013, but there are now ____(81)____  that warrant more caution from policymakers. Last week, the current account deficit (CAD) widened to a four-year high of $14.3 billion in the first quarter of the current financial year, standing at 2.4% of gross domestic product, ___(82)____  to 0.1% last year. The widening CAD __(83)___  driven by a greater increase in merchandise imports ___(84)___  exports. A strong capital account surplus, however, has helped the country __(85)___ for its import bills without much trouble. Foreign investors starved of yield have been stepping up their investments in India, which remains one of the few places offering higher yields. Compared to last year, net FDI almost doubled to $7.2 billion in the first quarter, while net portfolio investment jumped about six times to $12.5 billion. The strong inflow of foreign capital has also __(86)___ to a significant increase in foreign reserve holdings, thanks to the Reserve Bank of India which has been busy buying dollars to weaken the rupee. Forex reserves were at an all-time high of $400.7 billion for the week ending September 8, while the rupee has appreciated by over 6% against the dollar this year. Low global oil prices ___(87)___ the last two years have also helped contain a good portion of its import bills.

All this might change with the impending tightening of monetary policy by the U.S. Federal Reserve and other central banks. After all, emerging Asian markets have been the __(88)____ beneficiaries of loose monetary policy in the West, so any change in stance would most definitely affect them. Indian companies, for instance, have aggressively tapped into the market for rupee-denominated foreign debt, which can work ___(89)____ them if the flow of foreign capital turns volatile. The RBI has been regulating the ___(90)___  and quality of such borrowings, so it may seem like things are under control for now. Further, India’s total external debt declined by 2.7% during the financial year 2016-17, standing at $471.9 billion, driven by a fall in external commercial borrowings and deposits by non-resident Indians. The World Bank, in fact, has said that India’s external dynamics ___(91)____  very favourable given the size of its economy and foreign reserve holdings. But a prolonged period of unfavourable trade balance when combined with volatile international capital flows can __(92)___ to unsavoury macroeconomic situations. According to a __(93)___ by India Ratings & Research earlier this year, a 10% depreciation of the rupee combined with a 50 basis point interest rate __(94)___ can severely affect most Indian borrowers. It added that as much as 65% of foreign debt exposure of Indian companies may be unhedged. As the world looks to withdraw from an era of historically low interest rates, it would be wise for India’s policymakers to be ready with an ___(95)___ plan to tackle a period of significant volatility.

Directions : 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.

India’s external balance sheet may have improved significantly since the infamous taper tantrum of 2013, but there are now ____(81)____  that warrant more caution from policymakers. Last week, the current account deficit (CAD) widened to a four-year high of $14.3 billion in the first quarter of the current financial year, standing at 2.4% of gross domestic product, ___(82)____  to 0.1% last year. The widening CAD __(83)___  driven by a greater increase in merchandise imports ___(84)___  exports. A strong capital account surplus, however, has helped the country __(85)___ for its import bills without much trouble. Foreign investors starved of yield have been stepping up their investments in India, which remains one of the few places offering higher yields. Compared to last year, net FDI almost doubled to $7.2 billion in the first quarter, while net portfolio investment jumped about six times to $12.5 billion. The strong inflow of foreign capital has also __(86)___ to a significant increase in foreign reserve holdings, thanks to the Reserve Bank of India which has been busy buying dollars to weaken the rupee. Forex reserves were at an all-time high of $400.7 billion for the week ending September 8, while the rupee has appreciated by over 6% against the dollar this year. Low global oil prices ___(87)___ the last two years have also helped contain a good portion of its import bills.

All this might change with the impending tightening of monetary policy by the U.S. Federal Reserve and other central banks. After all, emerging Asian markets have been the __(88)____ beneficiaries of loose monetary policy in the West, so any change in stance would most definitely affect them. Indian companies, for instance, have aggressively tapped into the market for rupee-denominated foreign debt, which can work ___(89)____ them if the flow of foreign capital turns volatile. The RBI has been regulating the ___(90)___  and quality of such borrowings, so it may seem like things are under control for now. Further, India’s total external debt declined by 2.7% during the financial year 2016-17, standing at $471.9 billion, driven by a fall in external commercial borrowings and deposits by non-resident Indians. The World Bank, in fact, has said that India’s external dynamics ___(91)____  very favourable given the size of its economy and foreign reserve holdings. But a prolonged period of unfavourable trade balance when combined with volatile international capital flows can __(92)___ to unsavoury macroeconomic situations. According to a __(93)___ by India Ratings & Research earlier this year, a 10% depreciation of the rupee combined with a 50 basis point interest rate __(94)___ can severely affect most Indian borrowers. It added that as much as 65% of foreign debt exposure of Indian companies may be unhedged. As the world looks to withdraw from an era of historically low interest rates, it would be wise for India’s policymakers to be ready with an ___(95)___ plan to tackle a period of significant volatility.

Directions : 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.

India’s external balance sheet may have improved significantly since the infamous taper tantrum of 2013, but there are now ____(81)____  that warrant more caution from policymakers. Last week, the current account deficit (CAD) widened to a four-year high of $14.3 billion in the first quarter of the current financial year, standing at 2.4% of gross domestic product, ___(82)____  to 0.1% last year. The widening CAD __(83)___  driven by a greater increase in merchandise imports ___(84)___  exports. A strong capital account surplus, however, has helped the country __(85)___ for its import bills without much trouble. Foreign investors starved of yield have been stepping up their investments in India, which remains one of the few places offering higher yields. Compared to last year, net FDI almost doubled to $7.2 billion in the first quarter, while net portfolio investment jumped about six times to $12.5 billion. The strong inflow of foreign capital has also __(86)___ to a significant increase in foreign reserve holdings, thanks to the Reserve Bank of India which has been busy buying dollars to weaken the rupee. Forex reserves were at an all-time high of $400.7 billion for the week ending September 8, while the rupee has appreciated by over 6% against the dollar this year. Low global oil prices ___(87)___ the last two years have also helped contain a good portion of its import bills.

All this might change with the impending tightening of monetary policy by the U.S. Federal Reserve and other central banks. After all, emerging Asian markets have been the __(88)____ beneficiaries of loose monetary policy in the West, so any change in stance would most definitely affect them. Indian companies, for instance, have aggressively tapped into the market for rupee-denominated foreign debt, which can work ___(89)____ them if the flow of foreign capital turns volatile. The RBI has been regulating the ___(90)___  and quality of such borrowings, so it may seem like things are under control for now. Further, India’s total external debt declined by 2.7% during the financial year 2016-17, standing at $471.9 billion, driven by a fall in external commercial borrowings and deposits by non-resident Indians. The World Bank, in fact, has said that India’s external dynamics ___(91)____  very favourable given the size of its economy and foreign reserve holdings. But a prolonged period of unfavourable trade balance when combined with volatile international capital flows can __(92)___ to unsavoury macroeconomic situations. According to a __(93)___ by India Ratings & Research earlier this year, a 10% depreciation of the rupee combined with a 50 basis point interest rate __(94)___ can severely affect most Indian borrowers. It added that as much as 65% of foreign debt exposure of Indian companies may be unhedged. As the world looks to withdraw from an era of historically low interest rates, it would be wise for India’s policymakers to be ready with an ___(95)___ plan to tackle a period of significant volatility.

Directions : 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.

India’s external balance sheet may have improved significantly since the infamous taper tantrum of 2013, but there are now ____(81)____  that warrant more caution from policymakers. Last week, the current account deficit (CAD) widened to a four-year high of $14.3 billion in the first quarter of the current financial year, standing at 2.4% of gross domestic product, ___(82)____  to 0.1% last year. The widening CAD __(83)___  driven by a greater increase in merchandise imports ___(84)___  exports. A strong capital account surplus, however, has helped the country __(85)___ for its import bills without much trouble. Foreign investors starved of yield have been stepping up their investments in India, which remains one of the few places offering higher yields. Compared to last year, net FDI almost doubled to $7.2 billion in the first quarter, while net portfolio investment jumped about six times to $12.5 billion. The strong inflow of foreign capital has also __(86)___ to a significant increase in foreign reserve holdings, thanks to the Reserve Bank of India which has been busy buying dollars to weaken the rupee. Forex reserves were at an all-time high of $400.7 billion for the week ending September 8, while the rupee has appreciated by over 6% against the dollar this year. Low global oil prices ___(87)___ the last two years have also helped contain a good portion of its import bills.

All this might change with the impending tightening of monetary policy by the U.S. Federal Reserve and other central banks. After all, emerging Asian markets have been the __(88)____ beneficiaries of loose monetary policy in the West, so any change in stance would most definitely affect them. Indian companies, for instance, have aggressively tapped into the market for rupee-denominated foreign debt, which can work ___(89)____ them if the flow of foreign capital turns volatile. The RBI has been regulating the ___(90)___  and quality of such borrowings, so it may seem like things are under control for now. Further, India’s total external debt declined by 2.7% during the financial year 2016-17, standing at $471.9 billion, driven by a fall in external commercial borrowings and deposits by non-resident Indians. The World Bank, in fact, has said that India’s external dynamics ___(91)____  very favourable given the size of its economy and foreign reserve holdings. But a prolonged period of unfavourable trade balance when combined with volatile international capital flows can __(92)___ to unsavoury macroeconomic situations. According to a __(93)___ by India Ratings & Research earlier this year, a 10% depreciation of the rupee combined with a 50 basis point interest rate __(94)___ can severely affect most Indian borrowers. It added that as much as 65% of foreign debt exposure of Indian companies may be unhedged. As the world looks to withdraw from an era of historically low interest rates, it would be wise for India’s policymakers to be ready with an ___(95)___ plan to tackle a period of significant volatility.

Directions : 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.

India’s external balance sheet may have improved significantly since the infamous taper tantrum of 2013, but there are now ____(81)____  that warrant more caution from policymakers. Last week, the current account deficit (CAD) widened to a four-year high of $14.3 billion in the first quarter of the current financial year, standing at 2.4% of gross domestic product, ___(82)____  to 0.1% last year. The widening CAD __(83)___  driven by a greater increase in merchandise imports ___(84)___  exports. A strong capital account surplus, however, has helped the country __(85)___ for its import bills without much trouble. Foreign investors starved of yield have been stepping up their investments in India, which remains one of the few places offering higher yields. Compared to last year, net FDI almost doubled to $7.2 billion in the first quarter, while net portfolio investment jumped about six times to $12.5 billion. The strong inflow of foreign capital has also __(86)___ to a significant increase in foreign reserve holdings, thanks to the Reserve Bank of India which has been busy buying dollars to weaken the rupee. Forex reserves were at an all-time high of $400.7 billion for the week ending September 8, while the rupee has appreciated by over 6% against the dollar this year. Low global oil prices ___(87)___ the last two years have also helped contain a good portion of its import bills.

All this might change with the impending tightening of monetary policy by the U.S. Federal Reserve and other central banks. After all, emerging Asian markets have been the __(88)____ beneficiaries of loose monetary policy in the West, so any change in stance would most definitely affect them. Indian companies, for instance, have aggressively tapped into the market for rupee-denominated foreign debt, which can work ___(89)____ them if the flow of foreign capital turns volatile. The RBI has been regulating the ___(90)___  and quality of such borrowings, so it may seem like things are under control for now. Further, India’s total external debt declined by 2.7% during the financial year 2016-17, standing at $471.9 billion, driven by a fall in external commercial borrowings and deposits by non-resident Indians. The World Bank, in fact, has said that India’s external dynamics ___(91)____  very favourable given the size of its economy and foreign reserve holdings. But a prolonged period of unfavourable trade balance when combined with volatile international capital flows can __(92)___ to unsavoury macroeconomic situations. According to a __(93)___ by India Ratings & Research earlier this year, a 10% depreciation of the rupee combined with a 50 basis point interest rate __(94)___ can severely affect most Indian borrowers. It added that as much as 65% of foreign debt exposure of Indian companies may be unhedged. As the world looks to withdraw from an era of historically low interest rates, it would be wise for India’s policymakers to be ready with an ___(95)___ plan to tackle a period of significant volatility.

Directions : 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.

India’s external balance sheet may have improved significantly since the infamous taper tantrum of 2013, but there are now ____(81)____  that warrant more caution from policymakers. Last week, the current account deficit (CAD) widened to a four-year high of $14.3 billion in the first quarter of the current financial year, standing at 2.4% of gross domestic product, ___(82)____  to 0.1% last year. The widening CAD __(83)___  driven by a greater increase in merchandise imports ___(84)___  exports. A strong capital account surplus, however, has helped the country __(85)___ for its import bills without much trouble. Foreign investors starved of yield have been stepping up their investments in India, which remains one of the few places offering higher yields. Compared to last year, net FDI almost doubled to $7.2 billion in the first quarter, while net portfolio investment jumped about six times to $12.5 billion. The strong inflow of foreign capital has also __(86)___ to a significant increase in foreign reserve holdings, thanks to the Reserve Bank of India which has been busy buying dollars to weaken the rupee. Forex reserves were at an all-time high of $400.7 billion for the week ending September 8, while the rupee has appreciated by over 6% against the dollar this year. Low global oil prices ___(87)___ the last two years have also helped contain a good portion of its import bills.

All this might change with the impending tightening of monetary policy by the U.S. Federal Reserve and other central banks. After all, emerging Asian markets have been the __(88)____ beneficiaries of loose monetary policy in the West, so any change in stance would most definitely affect them. Indian companies, for instance, have aggressively tapped into the market for rupee-denominated foreign debt, which can work ___(89)____ them if the flow of foreign capital turns volatile. The RBI has been regulating the ___(90)___  and quality of such borrowings, so it may seem like things are under control for now. Further, India’s total external debt declined by 2.7% during the financial year 2016-17, standing at $471.9 billion, driven by a fall in external commercial borrowings and deposits by non-resident Indians. The World Bank, in fact, has said that India’s external dynamics ___(91)____  very favourable given the size of its economy and foreign reserve holdings. But a prolonged period of unfavourable trade balance when combined with volatile international capital flows can __(92)___ to unsavoury macroeconomic situations. According to a __(93)___ by India Ratings & Research earlier this year, a 10% depreciation of the rupee combined with a 50 basis point interest rate __(94)___ can severely affect most Indian borrowers. It added that as much as 65% of foreign debt exposure of Indian companies may be unhedged. As the world looks to withdraw from an era of historically low interest rates, it would be wise for India’s policymakers to be ready with an ___(95)___ plan to tackle a period of significant volatility.

Directions : 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.

India’s external balance sheet may have improved significantly since the infamous taper tantrum of 2013, but there are now ____(81)____  that warrant more caution from policymakers. Last week, the current account deficit (CAD) widened to a four-year high of $14.3 billion in the first quarter of the current financial year, standing at 2.4% of gross domestic product, ___(82)____  to 0.1% last year. The widening CAD __(83)___  driven by a greater increase in merchandise imports ___(84)___  exports. A strong capital account surplus, however, has helped the country __(85)___ for its import bills without much trouble. Foreign investors starved of yield have been stepping up their investments in India, which remains one of the few places offering higher yields. Compared to last year, net FDI almost doubled to $7.2 billion in the first quarter, while net portfolio investment jumped about six times to $12.5 billion. The strong inflow of foreign capital has also __(86)___ to a significant increase in foreign reserve holdings, thanks to the Reserve Bank of India which has been busy buying dollars to weaken the rupee. Forex reserves were at an all-time high of $400.7 billion for the week ending September 8, while the rupee has appreciated by over 6% against the dollar this year. Low global oil prices ___(87)___ the last two years have also helped contain a good portion of its import bills.

All this might change with the impending tightening of monetary policy by the U.S. Federal Reserve and other central banks. After all, emerging Asian markets have been the __(88)____ beneficiaries of loose monetary policy in the West, so any change in stance would most definitely affect them. Indian companies, for instance, have aggressively tapped into the market for rupee-denominated foreign debt, which can work ___(89)____ them if the flow of foreign capital turns volatile. The RBI has been regulating the ___(90)___  and quality of such borrowings, so it may seem like things are under control for now. Further, India’s total external debt declined by 2.7% during the financial year 2016-17, standing at $471.9 billion, driven by a fall in external commercial borrowings and deposits by non-resident Indians. The World Bank, in fact, has said that India’s external dynamics ___(91)____  very favourable given the size of its economy and foreign reserve holdings. But a prolonged period of unfavourable trade balance when combined with volatile international capital flows can __(92)___ to unsavoury macroeconomic situations. According to a __(93)___ by India Ratings & Research earlier this year, a 10% depreciation of the rupee combined with a 50 basis point interest rate __(94)___ can severely affect most Indian borrowers. It added that as much as 65% of foreign debt exposure of Indian companies may be unhedged. As the world looks to withdraw from an era of historically low interest rates, it would be wise for India’s policymakers to be ready with an ___(95)___ plan to tackle a period of significant volatility.

Directions : 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.

India’s external balance sheet may have improved significantly since the infamous taper tantrum of 2013, but there are now ____(81)____  that warrant more caution from policymakers. Last week, the current account deficit (CAD) widened to a four-year high of $14.3 billion in the first quarter of the current financial year, standing at 2.4% of gross domestic product, ___(82)____  to 0.1% last year. The widening CAD __(83)___  driven by a greater increase in merchandise imports ___(84)___  exports. A strong capital account surplus, however, has helped the country __(85)___ for its import bills without much trouble. Foreign investors starved of yield have been stepping up their investments in India, which remains one of the few places offering higher yields. Compared to last year, net FDI almost doubled to $7.2 billion in the first quarter, while net portfolio investment jumped about six times to $12.5 billion. The strong inflow of foreign capital has also __(86)___ to a significant increase in foreign reserve holdings, thanks to the Reserve Bank of India which has been busy buying dollars to weaken the rupee. Forex reserves were at an all-time high of $400.7 billion for the week ending September 8, while the rupee has appreciated by over 6% against the dollar this year. Low global oil prices ___(87)___ the last two years have also helped contain a good portion of its import bills.

All this might change with the impending tightening of monetary policy by the U.S. Federal Reserve and other central banks. After all, emerging Asian markets have been the __(88)____ beneficiaries of loose monetary policy in the West, so any change in stance would most definitely affect them. Indian companies, for instance, have aggressively tapped into the market for rupee-denominated foreign debt, which can work ___(89)____ them if the flow of foreign capital turns volatile. The RBI has been regulating the ___(90)___  and quality of such borrowings, so it may seem like things are under control for now. Further, India’s total external debt declined by 2.7% during the financial year 2016-17, standing at $471.9 billion, driven by a fall in external commercial borrowings and deposits by non-resident Indians. The World Bank, in fact, has said that India’s external dynamics ___(91)____  very favourable given the size of its economy and foreign reserve holdings. But a prolonged period of unfavourable trade balance when combined with volatile international capital flows can __(92)___ to unsavoury macroeconomic situations. According to a __(93)___ by India Ratings & Research earlier this year, a 10% depreciation of the rupee combined with a 50 basis point interest rate __(94)___ can severely affect most Indian borrowers. It added that as much as 65% of foreign debt exposure of Indian companies may be unhedged. As the world looks to withdraw from an era of historically low interest rates, it would be wise for India’s policymakers to be ready with an ___(95)___ plan to tackle a period of significant volatility.

Directions : 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.

India’s external balance sheet may have improved significantly since the infamous taper tantrum of 2013, but there are now ____(81)____  that warrant more caution from policymakers. Last week, the current account deficit (CAD) widened to a four-year high of $14.3 billion in the first quarter of the current financial year, standing at 2.4% of gross domestic product, ___(82)____  to 0.1% last year. The widening CAD __(83)___  driven by a greater increase in merchandise imports ___(84)___  exports. A strong capital account surplus, however, has helped the country __(85)___ for its import bills without much trouble. Foreign investors starved of yield have been stepping up their investments in India, which remains one of the few places offering higher yields. Compared to last year, net FDI almost doubled to $7.2 billion in the first quarter, while net portfolio investment jumped about six times to $12.5 billion. The strong inflow of foreign capital has also __(86)___ to a significant increase in foreign reserve holdings, thanks to the Reserve Bank of India which has been busy buying dollars to weaken the rupee. Forex reserves were at an all-time high of $400.7 billion for the week ending September 8, while the rupee has appreciated by over 6% against the dollar this year. Low global oil prices ___(87)___ the last two years have also helped contain a good portion of its import bills.

All this might change with the impending tightening of monetary policy by the U.S. Federal Reserve and other central banks. After all, emerging Asian markets have been the __(88)____ beneficiaries of loose monetary policy in the West, so any change in stance would most definitely affect them. Indian companies, for instance, have aggressively tapped into the market for rupee-denominated foreign debt, which can work ___(89)____ them if the flow of foreign capital turns volatile. The RBI has been regulating the ___(90)___  and quality of such borrowings, so it may seem like things are under control for now. Further, India’s total external debt declined by 2.7% during the financial year 2016-17, standing at $471.9 billion, driven by a fall in external commercial borrowings and deposits by non-resident Indians. The World Bank, in fact, has said that India’s external dynamics ___(91)____  very favourable given the size of its economy and foreign reserve holdings. But a prolonged period of unfavourable trade balance when combined with volatile international capital flows can __(92)___ to unsavoury macroeconomic situations. According to a __(93)___ by India Ratings & Research earlier this year, a 10% depreciation of the rupee combined with a 50 basis point interest rate __(94)___ can severely affect most Indian borrowers. It added that as much as 65% of foreign debt exposure of Indian companies may be unhedged. As the world looks to withdraw from an era of historically low interest rates, it would be wise for India’s policymakers to be ready with an ___(95)___ plan to tackle a period of significant volatility.

Directions : 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.

India’s external balance sheet may have improved significantly since the infamous taper tantrum of 2013, but there are now ____(81)____  that warrant more caution from policymakers. Last week, the current account deficit (CAD) widened to a four-year high of $14.3 billion in the first quarter of the current financial year, standing at 2.4% of gross domestic product, ___(82)____  to 0.1% last year. The widening CAD __(83)___  driven by a greater increase in merchandise imports ___(84)___  exports. A strong capital account surplus, however, has helped the country __(85)___ for its import bills without much trouble. Foreign investors starved of yield have been stepping up their investments in India, which remains one of the few places offering higher yields. Compared to last year, net FDI almost doubled to $7.2 billion in the first quarter, while net portfolio investment jumped about six times to $12.5 billion. The strong inflow of foreign capital has also __(86)___ to a significant increase in foreign reserve holdings, thanks to the Reserve Bank of India which has been busy buying dollars to weaken the rupee. Forex reserves were at an all-time high of $400.7 billion for the week ending September 8, while the rupee has appreciated by over 6% against the dollar this year. Low global oil prices ___(87)___ the last two years have also helped contain a good portion of its import bills.

All this might change with the impending tightening of monetary policy by the U.S. Federal Reserve and other central banks. After all, emerging Asian markets have been the __(88)____ beneficiaries of loose monetary policy in the West, so any change in stance would most definitely affect them. Indian companies, for instance, have aggressively tapped into the market for rupee-denominated foreign debt, which can work ___(89)____ them if the flow of foreign capital turns volatile. The RBI has been regulating the ___(90)___  and quality of such borrowings, so it may seem like things are under control for now. Further, India’s total external debt declined by 2.7% during the financial year 2016-17, standing at $471.9 billion, driven by a fall in external commercial borrowings and deposits by non-resident Indians. The World Bank, in fact, has said that India’s external dynamics ___(91)____  very favourable given the size of its economy and foreign reserve holdings. But a prolonged period of unfavourable trade balance when combined with volatile international capital flows can __(92)___ to unsavoury macroeconomic situations. According to a __(93)___ by India Ratings & Research earlier this year, a 10% depreciation of the rupee combined with a 50 basis point interest rate __(94)___ can severely affect most Indian borrowers. It added that as much as 65% of foreign debt exposure of Indian companies may be unhedged. As the world looks to withdraw from an era of historically low interest rates, it would be wise for India’s policymakers to be ready with an ___(95)___ plan to tackle a period of significant volatility.

DIRECTION : Which of the phrases (1) (2) (3) and (4) given below should replace the phrase given in bold in the following sentence to make the sentences grammatically correct? If the sentence is correct as it is and no correction is required mark (5) as the answer.

We are looking forward for good rains this year.

DIRECTION : Which of the phrases (1) (2) (3) and (4) given below should replace the phrase given in bold in the following sentence to make the sentences grammatically correct? If the sentence is correct as it is and no correction is required mark (5) as the answer.

There is full justification to close down the units which are neither profitable nor serving any social cause.

DIRECTION : Which of the phrases (1) (2) (3) and (4) given below should replace the phrase given in bold in the following sentence to make the sentences grammatically correct? If the sentence is correct as it is and no correction is required mark (5) as the answer.

Please take delivery of the material and acknowledgement at the earliest.

DIRECTION : Which of the phrases (1) (2) (3) and (4) given below should replace the phrase given in bold in the following sentence to make the sentences grammatically correct? If the sentence is correct as it is and no correction is required mark (5) as the answer.

The Officer had triggered a controversy by charging his superiors by ignoring his warning.

DIRECTION : Which of the phrases (1) (2) (3) and (4) given below should replace the phrase given in bold in the following sentence to make the sentences grammatically correct? If the sentence is correct as it is and no correction is required mark (5) as the answer.

Had we been alone we would have contended ourselves with any plain food that give us strength.