There could be more interest rate by the RBI as some of the members of the monetary policy committee...........

English Language (IBPS CL) Fill in the blanks

Directions : Each question below has one blank, which is indicating that something has been omitted. Choose the most suitable option indicating the words that can be used to fill up the blank in the sentence to make it meaningfully complete.

There could be more interest rate _________ by the RBI as some of the members of the monetary policy committee have observed that growth is yet to bottom out

(i) Increment

(ii) Cuts

(iii) Growths

Only (i)

Only (ii)

Both (ii) and (iii)

Both (i) and (ii)

None of these.

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Explanation:

Taking hint from the last part of the sentence which is talking about the low growth, the appropriate filler for the given blank would be ‘cuts’. Hence, the correct answer choice would be option (2)