Dear readers,

This quiz consists of questions from
various Banking entrance exams held during the last few years. Leave your
answers/ responses in the comments section below and we’ll soon let you know
the correct answers!

Directions (Q. 1-10) 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 are suggested one of which fits the blank
appropriately.  Find out the appropriate
word in each case.

The (1) of India as an economic superpower
is not reflected in the (2) of life enjoyed by its 1.2 billion citizens
according to the Human Development Index which (3) India very low among 182
countries.  In our performance oriented
world, measurement issues have taken on (4) importance as what we measure
affects what we do.  In fact, the French
President has established an international commission on the Measurement of
Economic Performance and Social Progress-owing to his (5) and that of others
with the current state of statistical information about the economy and
society.

The big question concerns (6) Gross
Domestic Product (GDP) provides and good measure of living standards.  In many cases, GDP statistics seem to (7)
that the economy is doing far better than most citizens feel it is.  Moreover, the focus on GDP creates
conflicts-while political leaders are told to maximise it, citizens also demand
that (8) be paid to enhancing security, reducing air, water and noise pollution
all of which actually (9) GDP growth. 
Statistics are (10) to summarise what is going on in our complex
society, it is therefore obvious that we can’t reduce everything to a single
number GDP.

1.

(a) tribute

(b) pursuit

(c) perception

(d) conversion

(e) title

2.

(a) loss

(b) quality

(c) spirit

(d) span

(e) joy

3.

(a) counted

(b) scored

(c) qualified

(d) regard

(e) ranked

4.

(a) negligible

(b) great

(c) unduly

(d) trivial

(e) considerably

5.

(a) obedience

(b) confidence

(c) belief

(d) dissatisfaction

(e) compliance

6.

(a) that

(b) unless

(c) because

(d) against

(e) whether    

7.

(a) suggest

(b) recommend

(c) think

(d) point

(e) refer

8.

(a) compensation

(b) respect

(c) debt

(d) attention

(e) expense

9.

(a) recover

(b) lower

(c) attain

(d) decline

(e) shrunk

10.

(a) inferred

(b) difficult

(c) interpret

(d) reveal

(e) intended

           

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Answers 

1(c)    2(b)    3(e)   
4(c)    5(c)      6(e)    
7(a)      8(d)     9(b)     
10(b)    

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