Question

1) slowdown 2) slippage 3) breakdown 4) downfall 5)

decrease Directions : In the following passage, some of the words have been left out, each of which is indicated by a number. Find the suitable word from the options given against each number and fill up the blanks with appropriate words to make the paragraph meaningfully complete. A few days ago, the government announced that it would be __(6)__an additional ₹50,000 crore during the remaining part of the__(7)__ year. While it was assumed that this would lead to a __(8)__ in the fiscal deficit, the government was quick to explain that this slippage would not happen. In its statement, it explained that the additional borrowing would be offset by__(9)___ down the collection from its Treasury Bills. While the effect of this extra borrowing on the fiscal deficit is yet to be__(10)___, the news certainly had an effect on the bond market. According to news reports, the__(11)__ 10-year bond price fell to a nearly 17-month low, pushing its__(12)___ up by as much as 17 basis points. According to analysts, the bond market is still___(13)___ about the quantum of borrowing the government will do by the end of the financial year. The government missing its fiscal deficit__(14)__for the year means that either the revenue it collected fell short of projections, or that its __(15)___ was higher than planned

A 1

B 2

C 3

D 4

E 5

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NIACL Administrative Officer

1) slowdown 2) slippage 3) breakdown 4) downfall 5)

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