Multiple Choice Questions on E ........ for Combined Bank PO and Clerical Exams Preparation

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Indian Economy - Understanding the basics of Indian economic system

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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.
    The key to removing corruption is transparency of political funding. That would end – first misuse of the state ____ A ____ by the politician to raise funds, second ____ B ____ in the services of civil servants and third ____ C ____ both accountability and integrity of the administration. So long as people need cash for bribes, they would withdraw cash and a transaction cost would not deter them.
    Moreover, the RBI can pass on the potential savings from reduced cash handling to lower the cost of electronic transactions. So can the government. ____ D ____ from the RBI and the government, in tandem with competition to Visa and MasterCard from RuPay, should make digital payments ____ E ____ costless for merchants and consumers.


    E

    never

    Incorrect Answer

    ever

    Incorrect Answer

    little

    Incorrect Answer

    highly

    Incorrect Answer

    virtually

    Correct Answer
    Explanation:

    Usage of any the words ‘never’, ‘little’ and ‘highly’ would add contradiction to what is being inferred from the passage. Options A, C and D get eliminated.
    ‘Ever’ is too strong for an adverb to fit the blank. Option B can be eliminated too.
    ‘Virtually’ that refers to ‘nearly’ or ‘almost’ would be meaningful and completes the idea being stated.
    Option E is hence the correct answer.


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