Directions (1-10): Read the passage and then fill in the blanks with the help of the alternatives given.
India’s approach towards treatment of (1)banks is yet another interesting issue. Rather than closing them down policy makers in India have shown a preference to (2)such banks with healthy public sector banks.
It has been (3) in certain circles that such an approach may give rise to a moral hazard problem. However, two issues need (4) in this context first commercial banks are the most dominant and systemically important segment of the financial system. Second over 70 per cent of the bank depositors in India are small depositors. Therefore systemic concerns coupled with the necessity to (5) the interest of small depositors have been (6) in the minds of policy makers while (7) with insolvent banks this issue had not (8)much attention in the context of a predominantly government owned banking system as the weight of the private banks increases further thinking will need to be done on this subject, both in terms of (9) of insolvency though advance regulatory supervision and action, and post-insolvency measures that (10)moral hazard and eventual fiscal cost.1. (1)insolvent (2) foreign
(3) cooperative (4) small
(5) private
2. (1) dissolve (2) relegate
(3) anchor (4) merge
(5) connect
3. (1) resolve (2) felt
(3) promised (4) identified
(5) done
4. (1) resolutions (2) decisions
(3) approaches (4) priority
(5) consideration
5. (1) enhance (2) increase
(3) safeguard (4) rationalize
(5) evolve
6. (1) paramount (2) superficial
(3) extradited (4) vested
(5) imbibing
7. (1) conniving (2) coping
(3) absorbing (4) dealing
(5) conversing
8. (1) paid (2) offered
(3) deserved (4) distracted
(5) received
9. (1) enhancement (2) prevention
(3) attachment (4) refurbishment
(5) expedition
10. (1) anticipate (2) provoke
(3) discourage (4) envisage
(5) create
Answers:
| 1 | 1 | 6 | 1 |
| 2 | 4 | 7 | 4 |
| 3 | 2 | 8 | 5 |
| 4 | 5 | 9 | 2 |
| 5 | 3 | 10 | 3 |
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