Directions (1-10): Please read the paragraph carefully and fill up the spaces with most appropriate words provided in options.
Budget 2015 recognizes the need for legal reforms to (1) business and growth. Economic policies overwhelmingly focus on fiscal measures, monetary interventions and welfare
programmes to (2) businesses, but the legal processes that underlie commerce are often (3). Laws that are concerned with starting businesses, enforcing contracts, (4) debt repayments and exiting businesses, play a critical role and can (5) growth, rendering even good policies ineffective. It is in such a spirit of broadening the approach that Finance Minister Arun Jaitley has (6) reform in bankruptcy laws as a key priority, envisaging legal clarity and speedy processes that will ultimately ease doing business in India.
The (7) between better insolvency laws and economic growth is straightforward: stronger bankruptcy laws (8) the rights of borrowers and lenders, promote predictability, clarify the risks (9) with lending, and make the collection of debt through bankruptcy proceedings more attractive. These factors ultimately facilitate credit and thus a (10) flow of capital in the economy.
1. (1) Change
(2) Improve
(3) Stimulate
(4) Ensure
2. (1) Hindrance
(2) Render
(3) Kindle
(4) Aid
3. (1) Praised
(2) Ignored
(3) Valued
(4) Motivated
4. (1) Neglecting
(2) Blocking
(3) Ensuring
(4) Providing
5. (1) Forward
(2) Improve
(3) Ensure
(4) Thwart
6. (1) Changed
(2) Overlooked
(3) Identified
(4) Rendered
7. (1) Differences
(2) Connection
(3) Gap
(4) Determine
8. (1) Ignore
(2) Signify
(3) Keep
(4) Protect
9. (1) Amid
(2) Ensured
(3) Protected
(4) Associated
10. (1) Lower
(2) Simple
(3) Higher
(4) Stimulate
Answers:
1 (3)
2 (4)
3 (2)
4 (3)
5 (4)
6 (3)
7 (2)
8 (4)
9 (4)
10(3)
Important Note:
To receive the fastest updates on Competition Exams like IBPS, SBI, RBI, IPPB, SSC CGL, SSC CHSL. etc. as well as all other ongoing as well as forthcoming exams, kindly subscribe to our website. All you have to do is enter your email in the pop-up that appears on the website when you first enter it on the home page. Once you’re subscribed, you will receive all the latest updates concerning all competitive exams.
For more Updates & Notifications for bank exams like SBI PO, SBI CLERK, IBPS PO, IBPS RRB, IBPS CLERK, IBPS SO, NIACL, SSC CHSL, SSC CGL etc. like our facebook page at :
0 comments:
Post a Comment