Fill in the Blanks

Directions: Read the given text carefully and fill in the blank with the most appropriate option that would complete the text:

Brand loyalty plays an appreciable role in many consumers’ buying habits. Market research shows that consumers are likely to spend more on a product they grew up using than they are to try a generic brand that offers the same constituents at a lower price. The question is, just how much more are shoppers willing to spend for __________?

Directions: Complete this passage by selecting the most suitable word from each list to fill the corresponding gap (18).

At the highest point in Tarifa is an old fort. From ___(17) ____ its walls, one can _____(18)______ a glimpse of Africa. The old man sat there and made several strange gestures over the boy's head. The boy was ____(19)___ as his friends looked with curiosity. He ____(20) ___ something in the old man's ears and strode off.

Directions: Complete this passage by selecting the most suitable word from each list to fill the corresponding gap (17).

At the highest point in Tarifa is an old fort. From ___(17) ____ its walls, one can _____(18)______ a glimpse of Africa. The old man sat there and made several strange gestures over the boy's head. The boy was ____(19)___ as his friends looked with curiosity. He ____(20) ___ something in the old man's ears and strode off.

Directions: Complete this passage by selecting the most suitable word from each list to fill the corresponding gap (20).

At the highest point in Tarifa is an old fort. From ___(17) ____ its walls, one can _____(18)______ a glimpse of Africa. The old man sat there and made several strange gestures over the boy's head. The boy was ____(19)___ as his friends looked with curiosity. He ____(20) ___ something in the old man's ears and strode off.

Directions: Choose the correct word for blank (1).

If India wants to ___ (1) ___ the rupee and keep her capital account open, the use of monetary policy to ___ (2) ___ growth by increasing money supply and reducing interest rates will have to be sacrificed. If she wants to have a stable rupee and use monetary policy to ___ (3) ___ growth, these can be accomplished through capital controls. If she prefers an open capital account and a strong monetary policy, the rupee will remain ___ (4) __. Pessimism regarding its downward slide is __ (5) ___.

Directions: Choose the correct word for blank (2).

If India wants to ___ (1) ___ the rupee and keep her capital account open, the use of monetary policy to ___ (2) ___ growth by increasing money supply and reducing interest rates will have to be sacrificed. If she wants to have a stable rupee and use monetary policy to ___ (3) ___ growth, these can be accomplished through capital controls. If she prefers an open capital account and a strong monetary policy, the rupee will remain ___ (4) __. Pessimism regarding its downward slide is __ (5) ___.

Directions: Choose the correct word for blank (3).

If India wants to ___ (1) ___ the rupee and keep her capital account open, the use of monetary policy to ___ (2) ___ growth by increasing money supply and reducing interest rates will have to be sacrificed. If she wants to have a stable rupee and use monetary policy to ___ (3) ___ growth, these can be accomplished through capital controls. If she prefers an open capital account and a strong monetary policy, the rupee will remain ___ (4) __. Pessimism regarding its downward slide is __ (5) ___.

Directions: Choose the correct word for blank (4).

If India wants to ___ (1) ___ the rupee and keep her capital account open, the use of monetary policy to ___ (2) ___ growth by increasing money supply and reducing interest rates will have to be sacrificed. If she wants to have a stable rupee and use monetary policy to ___ (3) ___ growth, these can be accomplished through capital controls. If she prefers an open capital account and a strong monetary policy, the rupee will remain ___ (4) __. Pessimism regarding its downward slide is __ (5) ___.

Directions: Choose the correct word for blank (5).

If India wants to ___ (1) ___ the rupee and keep her capital account open, the use of monetary policy to ___ (2) ___ growth by increasing money supply and reducing interest rates will have to be sacrificed. If she wants to have a stable rupee and use monetary policy to ___ (3) ___ growth, these can be accomplished through capital controls. If she prefers an open capital account and a strong monetary policy, the rupee will remain ___ (4) __. Pessimism regarding its downward slide is __ (5) ___.

Directions: Choose the correct word for blank (1).

The new RBI governor faces what economists call a central banker's ___ (1) __. He has to arrest the rupee's slide, cool inflation and create conditions that will boost-growth. Attempting all three simultaneously is a __ (2) ___ task. When growth ___ (3) ___ it is usually expected that the central bank will cut interest rates to ___ (4) ___ demand and spending. Higher demand and spending that is triggered by lower interest rates can also push prices up and ___ (5) ___ inflation, especially when the current inflation rate is very high.