Cloze Test : 14

Direction: 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.

There were too many takers to wear the hat of a tiny banker when the ...(1)... to apply for small finance and payments banks licences expired at the ...(2)... of business hours on 2 February at Mint Street. A total of 113 companies have applied ...(3)... the Reserve Bank of India (RBI) for small finance banks or payments banks licences. Of this, 72 are for the small finance banks. Interestingly, the number of applicants in both categories is the same as that in 1993, when the RBI invited applications to ...(4)... full-service private banks, ...(5)... after the ...(6)... of economic liberalisation. The RBI had received 113 applications that time ...(7).... A ...(8)... glance ...(9)... these lists this time shows that a number of microfinance institutions (MFIs) have applied for the small finance bank applications list, ...(10)... an interesting mix of prepaid payment instruments (PPI), telecom companies, large industrial houses and one government department – India Post has constituted the list for payments banks.


1.
1) scheme
2) hope
3) deadline
4) need
5) urgency

2.
1) close
2) far
3) use
4) lot
5) exercise

3.
1) to
2) in
3) of
4) under
5) with

4.
1) set up
2) set free
3) inspire
4) fetch up
5) elevate

5.
1) nearly
2) remarkably
3) nevertheless
4) shortly
5) randomly

6.
1) transverse
2) leaving
3) advent
4) across
5) shift

7.
1) too
2) in fact
3) itself
4) to
5) it

8.
1) mere
2) quick
3) further
4) additional
5) reverse

9.
1) through
2) at
3) have
4) had
5) with

10.
1) during
2) similarly
3) while
4) resultant
5) rather




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