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Welcome to Online English Section with explanation in Affairs Cloud.com. Here we are creating question sample in Cloze test, which is BASED ON IBPS & SBI PO/CLERK/LIC AAO/RRB, RBI, IPPB,SSC CGL EXAM and other competitive exams !!!
The arrests by the Central Bureau of Investigation of former IDBI officials are worth noting for timing, intent and implications. The agency is investigating these officials, who had been at the (1) the public sector bank’s affairs eight years ago, on charges of facilitating a ₹900-crore loan to the now-defunct Kingfisher Airlines without due (2) . Two days after the arrests, a list that included former IDBI Chairman Yogesh Aggarwal, the Securities Exchange Board of India barred Kingfisher promoter Vijay Mallya and senior (3) group firm United Spirits Ltd. from securities dealings, and (4) from holding directorial positions in listed companies. Mr. Mallya owes banks close to ₹9,000 crore and has been in (5) the U.K. for nearly a year, even as his lenders have (6) recover their dues, with little success. Last week, after a three-year-long trial, the Debt Recovery Tribunal allowed a consortium of 17 banks (7) from Mr. Mallya and his companies outstanding dues of ₹6,200-odd crore plus interest related to the airline’s operations. For the Central government, Mr. Mallya’s flight to London has been a source of much embarrassment, with Finance Minister Arun Jaitley terming the bad loans a legacy from the UPA days.
(8) rising pile of non-performing assets in government-owned banks, wilful defaulters were said to be responsible for around ₹77,000 crore of bad debts by last July, but the Kingfisher baron has emerged as the poster boy of the problem. Therefore the flurry of action on his bad loans, however belated, could help counter perceptions of a passive approach towards the well-heeled. Breaking the banker-borrower nexus is just as critical for safeguarding public money as is acting against corrupt administrators, but a timely and transparent system is needed to ensure that bankers don’t turn wary of extending credit at the (9) hint of risk. The fear of investigative agencies and adverse audit reports was blamed for the so-called policy paralysis in the UPA’s second term. Prime Minister Narendra Modi had, early in his term, urged officers to take bold decisions without fear (10) and promised to stand by them for decisions taken in good earnest.
- 1) acquiescence on
2) helm of
3) sufferance for4) compliance with5) assent to
Answer – 2)
Explanation : helm of - 1) diligence
2) inactivity
3) laziness
4) neglect
5) lethargyAnswer – 1)
Explanation : diligence - 1) sanctioned with
2) canonical of
3) approved to
4) officials of
5) legitimate forAnswer – 4)
Explanation : officials of - 1) outgoing them
2) extroverted its
3) confident these
4) assured those
5) restrained themAnswer – 5)
Explanation : restrained them - 1) exile in
2) intention on
3) bearing at
4) implication into
5) interpretation ontoAnswer – 1)
Explanation : exile in - 1) organized for
2) systematized
3) scrambled to
4) arranged the
5) ordered ofAnswer – 3)
Explanation : scrambled to - 1) to recover
2) for change
3) of dislodge
4) the evict
5) to expelAnswer – 1)
Explanation : to recover - 1) parted a
2) Amidst the
3) abstracted an
4) scattered the
5) distant aAnswer – 2)
Explanation : Amidst the - 1) large
2) significant
3) great
4) slightest
5) importantAnswer – 4)
Explanation : slightest - 1) within empathy
2) with sympathy
3) of retribution
4) for forgiveness
5) to pardonAnswer – 3)
Explanation : of retribution
