Dear readers,

This quiz consists of questions from
various Banking entrance exams held during the last few years. Leave your
answers/ responses in the comments section below and we’ll soon let you know
the correct answers!

Directions (Q. 1-10):  In the following passage there are blanks,
each of which has been numbered. These numbers are printed below the passage
and against each five words are suggested, one of which fits the blank
appropriately. Find out the appropriate word in each case.

The (1) of India as an economic
superpower is not reflected in the (2) of life enjoyed by its 1.2
billion citizens according to the Human Development Index, which (3) India
very low among 182

countries. In our performance oriented
world, measurement issues have taken on (4) importance as what we
measure affects what we do. In fact, the French President has established an international
commission on the Measurement of Economic Performance and Social Progress owing
to his (5) and that of others with the current state of statistical
information about the economy and society.

     
The big question concerns (6) Gross Domestic Product (GDP)
provides a good measure of living standards. In many cases GDP statistics seem
to (7) that the economy is doing far better than most citizens feel it
is. Moreover, the focus on GDP creates conflicts – while political leaders are
told to maximize it, citizens also demand that (8) be paid to enhancing
security, reducing air, water and noise pollution, all of which actually (9)
GDP growth. Statistics are (10) to summarise what is going on in our
complex society; it is therefore obvious that we can’t reduce everything to a
single number – GDP.

1. 
(1) tribute          (2)
pursuit         (3) perception        (4) conversion       (5) title

2. 
(1) loss               (2) quality         (3) spirit                    (4) span              (5) joy

3. 
(1) counted       (2) scored          (3) qualified           (4) regard           (5) ranked

4. 
(1) negligible      (2) great           (3) unduly              (4) trivial                             (5) considerably

5. 
(1) obedience      (2)
confidence   (3) belief                  (4) dissatisfaction       (5) compliance

6. 
(1) that                 (2) unless           (3) because              (4) against                   (5) whether

7. 
(1) suggest            (2)
recommend    (3) think                 (4) point                      (5) refer

8. 
(1) compensation     (2)
respect        (3) debt                 (4) attention               (5) expense

9. 
(1) recover               (2)
lower            (3) attain              (4) decline                     (5) shrunk

10. 
(1) inferred            (2)
difficult          (3) interpret         (4) reveal                     (5) intended

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Answers 

1(3)   
2(2)    3(5)    4(2)   
5(4)      6(5)     7(1)     
8(4)     9(2)      10(5)