English Quiz: Cloze Test

Dear Readers,
Welcome to Mentor for Bank Exams. Here I am posting some sample questions on Cloze test in the English section for bank exams. These are helpful for upcoming exams like SBI PO, IBPS PO/Clerk and other competitive exams. Kindly make use of these.

Directions (1 – 5): 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 have been suggested, one of which fits the blanks appropriately. Find out the appropriate word in each case.

A recent _________(1) by the equity markets regulator, SEBI, has wide ranging implications for the capital market and its investors. All those who want to apply for shares in a public issue must produce 100 per cent of the money as margin. Hitherto, qualified institutional bidders (QIB) were required to bring in just a tenth of the bid amount, while retail investors, in contrast, were required to provide for the full extent of application money. This practice was justified on the basis of some _____(2) logic: retail applicants can furnish the full amount because the average size of an application is not very large, and there are banks and other agencies to provide finance, if need be. On the other hand, institutional investors are reckoned to be better credit risk. They would not ordinarily have any difficulty in bringing in the allotment money to the full extent required. This practice of allowing large investors to make “leveraged” bids is in keeping with a policy stance that moved away from the fairly even-handed treatment of all investors in the primary market that characterised capital market regulation during the early years of SEBI. The justification in allowing the QIBs to bid for large chunks of shares, while putting up only a fraction of the required amounts, is that they can participate in multiple offerings as well as submit bids for several times their requirements with a limited outlay.
What has been left unsaid of ________(3) is that the large institutional bids create an artificial premium for the particular offering. That along with the deliberately well-publicised reports of a massive oversubscription on day one would induce small investors, including fence sitters, to apply. The only way to strike at this ______(4) market practice is to place all investors on the same footing as far as initial applications to a share issue are concerned. The argument that large investors suffer an opportunity cost in terms of lost interest and should therefore be allowed to bid with a small margin does not wash. Retail investors too suffer a similar fate. Besides, SEBI has asked for faster allotment procedures to be in place soon. The regulator can consider extending the ASBA (application supported by blocked amount) procedure, now being popularised for retail investors, to the institutional segment as well. Under this, applicants to a share issue authorise their banks to block funds equivalent to the application money. Since it is only at allotment time the funds are released, there is no interest loss. ________(5) belated, the latest regulatory action to check information asymmetry and the spread of misleading, potentially price-distorting information is welcome.

1. Choose the correction option _______(1)
a) indetermination
b) decision
c) refusal
d) deferral
e) wavering
2. Choose the correction option _______(2)
a) certain
b) firm
c) tenous
d) stable
e) sure
3. Choose the correction option _______(3)
a) course
b) progress
c) series
d) procedure
e) chain
4. Choose the correction option _______(4)
a) assisting
b) offence
c) obscurantism
d) innocuous
e) pernicious
5. Choose the correction option _______(5)
a) when
b) unless
c) though
d) if
e) and

Directions (6 – 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 have been suggested, one of which fits the blanks appropriately. Find out the appropriate word in each case

The dark bordered beauty moth is heading towards extinction at its last site in England, new research has found.
The tiny, rare insect is now found only on Strensall Common, an area of protected lowland heath near York, having been lost from Newham Bog in Northumberland. But scientists have found that even in its last stronghold numbers have ____(6) by over 90% in the last seven years, with only 50-100 thought to remain.
The centimetre-wide moths rely on the creeping willow bush to feed their caterpillars but an accidental heath fire destroyed a key area of the bushes in 2009.Another factor is likely to be increased grazing by sheep. This is intended to preserve the heathland by preventing the growth of trees and tall shrubs but appears to have unwittingly damaged the fortunes of a rare species that the heath management is ultimately designed to protect.
Female dark bordered beauty moths prefer to lay their eggs on large, _______(7) creeping willows in July, so the shortening or loss of the plants by grazing means there are fewer good sites for egg laying and a subsequent decline in moth numbers. The sheep may even be eating the moth eggs as they graze, as the eggs stay on the plant until late spring before they hatch.
“The dark bordered beauty is a very special and _______(8) moth, which has been observed and admired at Strensall Common for well over a century,” said a researcher”.
It has long been part of the natural history ________(9) of England and of Yorkshire,” he said. “Because of the loss of populations elsewhere in England, the loss of the population at Strensall Common would mean ________(10) of the moth in England as a whole.” The moth is known at three sites in Scotland.

6. Choose the correction option _______(6)
a) Tumble
b) Thrust
c) Ascned
d) Plunged
e) Retreat
7. Choose the correction option _______(7)
a) Biosterous
b) Lethargic
c) Robust
d) Implement
e) Wobbly
8. Choose the correction option _______(8)
a) Charismatic
b) Hypnotic
c) Repelling
d) Baneful
e) Lovely
9. Choose the correction option _______(9)
a) Bygone
b) Fashionable
c) Wholesome
d) Descent
e) Heritage
10. Choose the correction option _______(10)
a) Exitinction
b) Destruction
c) Construction
d) Abduction
e) Alteration

Answers:

1)b   2)c   3)a   4)e   5)c   6)d   7)c   8)a   9)e   10)a