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Directions: In the following passage, some of the words have been left out, each of which is indicated by a letter. Find the suitable word from the options given against each letter and fill up the blanks with appropriate words to make the paragraph meaningful. Following the Centre’s decision to withdraw high-value banknotes and impose withdrawal ____ (A) ____ on account-holders Banks have thus found themselves in an ____ (B) ____ situation where their liabilities have jumped sharply, while their assets have instead almost ____ (C) ____. This has added to their woes at a time when ____ (D) ____ bad loans have pushed most public sector banks to post record quarterly losses. The demonetisation decision has ____ (E) ____ ended up providing banks with the windfall of low-cost deposits that could potentially serve as the launch pad to a credit-backed demand ____ (F) ____ in the economy. Other banks have also cut lending rates, and lenders are now ____ (G) ____ with each other to innovatively structure credit products, including home loans, in a bid to capitalise on what they hope will be an enduring revival in the appetite for borrowing.
C
withdrew
gathered
suspended
stagnated
minimize
Usage of the verb “minimize” would be ungrammatical as the sentence is in the past tense. Hence, option E is immediately eliminated. If we observe the sentence we can infer that the word after ‘instead’ must be opposite in meaning to ‘jumped sharply’ and out of the choices given, only “stagnated” which refers to ‘become dull or inactive’ is fitting the gap appropriately. Option D is hence the correct answer.
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