English Quiz for SIBDI Assistant Manager 2016 – Set 3

Directions (Q. 1-10): In the
given passage there are blanks, each of which has been numbered. Against each,
five words are suggested, one of which fits the blank appropriately. Find the
appropriate word in each case.

Confidence in the global economy
is _______(1) improving, as evidenced by the bullish behaviour of financial
markets and by increasingly positive comments from companies and policy makers
over the past few weeks. While economists have generally argued in _______(2)
of a robust recovery, both in the world economy and in financial markets, it is
when investors get _______(3) bullish that the pessimistic case deserves more _______(4).
Many of them believe that the current improvement in global conditions is just
a blip and that the world faces years, if not decades, of “secular
stagnation.” How _______(5) should we take these foreboding statements?
The good news is that there is not much _______(6) of secular stagnation in
global statistics. For the world economy as a whole, “new normal”
since 2008 has not, in fact, been very _______(7) from the pre-crisis period.
The average growth of the global economy, from 1988 to 2007, was 3.6 per cent
according to the IMF’s Economic Outlook database. Its latest forecast for this
year is the same – 3.6 per cent – although the IMF Managing Director hinted at
a modest _______(8) this week. At first sight, this continuity from the
pre-crisis decades seems _______(9) to square with the slowdown in economic
activity in all major economies since 2008. The IMF expects only 2.2 per cent
growth this year in developed countries compared with an average of 2.8 per
cent during the two decades before the crisis. In the emerging economies,
meanwhile, growth is _______ (10) at 4.8 per cent this year, slightly below the
4.9 per cent of the pre-crisis decades.

1. 1) heavily 2) steadily 3) tremendously 4) highly 5)
regularly

2. 1) approval 2) favour 3) account 4) side 5) grace

3. 1) together 2) collective 3) wild 4) uniformly 5)
distributive

4. 1) weight 2) meaning 3) attraction 4) notice 5) attention

5. 1) easily 2) seriously 3) badly 4) simply 5) much

6. 1) evidence 2) example 3) sample 4) clue 5) information

7. 1) similar 2) unlike 3) distinctive 4) different 5)
identical

8. 1) reduce 2) crash 3) subside 4) flop 5) decline

9. 1) hard 2) default 3) difficulty 4) hit 5) roughly

10. 1) highlighted 2) depicted 3) projected 4) progressed 5)
assumed