Multiple Choice Questions on Find the appropriate word for blank 1 ........ for IBPS(Clerical) Exam Preparation

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Indian Economy - Understanding the basics of Indian economic system

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    Direction : In the following passage, there are blanks each of which has been numbered. These numbers are printed below the passage and against each five fillers have been suggested, one of which fills the blank appropriately.   

    One year after demonetisation was ___(1)___, none of these targets have been achieved meaningfully to ___(2)___. Modi sold his big move with three original goals to 125 crore Indians — kill black money and counterfeit notes and ___(3)___. The costs of this exercise have far outweighed the gains in the form of a very ___(4)___ informal economy (big employer to millions of workers), destruction of supply chains, job losses and revenue loss to the Reserve Bank of India (RBI) that also showed in low dividend payments to the government. These apart, the ___(5)___ on the common man who was forced to stand in serpentine queues for months on end to withdraw own money, ___(6)___ and loss of income streams are not measurable using conventional economic tools. In hindsight, a costbenefit analysis of the exercise makes one wonder whether the economy (which as limping back to health) really needed ___(7)___ shock-therapy that inflicted pain on every constituent of economy, with no clear gains. Demonetisation was offered to them as their one big chance in life to challenge the socio-economic inequalities ___(8)___. The poor ___(9)___ to Modi’s call and made demonetisation their personal battle ___(10)___.


    Find the appropriate word for blank 1.

    Assiduous for the economy

    Incorrect Answer

    Multifarious in its approach

    Incorrect Answer

    Reprieved in the economy

    Incorrect Answer

    Imposed upon the economy

    Correct Answer

    Injected into the economy

    Incorrect Answer
    Explanation:

    Correct Answer is (d).The word 'assiduous' means 'showing great care and perseverance' and does not make any sense here. The word 'multifarious' means 'many and of various types' and is incorrect here. The word 'reprieved' means 'postponed the punishment of a convicted criminal' and does not convey the correct meaning. The word 'imposed' means 'force (an unwelcome decision or ruling) on someone' and conveys the correct meaning. The word 'injected' means 'inserted' and does not make any sense here. Thus option D is the correct answer which talks about a measure being imposed on the economy.


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