Wednesday 17 February 2016

ENGLISH QUIZ - 15

                                            English Quiz For LIC AAO | Bank exams | RRB


Directions (Q.1 - 10): In the following passages there are blanks, each of which has been numbered. These numbers are given below the passage and against each, five words are suggested, one of which fits the blanks appropriately. Find out the appropriate words without changing the meaning of the passage.

Lately, the media seems to have gone berserk in (1).... everything that pertains to the New Economy. Behind the great bulk of the articles on the subject are two (2).... assumption. First, that the New Economy businesses are likely to push Old Economy industries all the way into oblivion. Second, that (3).... about the New Economy is far superior to that of the Old Economy.
Both these emphatic assumptions could be (4).... flawed. Physical products--the cornerstone of the Old Economy--are hardly likely to (5).... out in important even in the age of the internet. After all, the consumption of physical goods is hardly going down.
In everything--from steel automobiles (6).... is going up. But above and beyond all this, the New Economy also needs Old Economy products to survive. You can sell goods on the Internet, after all, only if (7).... is producing those goods. Besides which, people still want all those Old Economy goods. As far as the second point is concerned, the one big weakness about the New Economy is that it is (8).... more volatile than the Old Economy. The rate of evolution of products--the crux of the Old Economy--will (9).... always be slower than the rate of the growth and proliferation on new ideas on any given subject. And hence, the Old Economy (based on products) will always be relatively more (10).... than the New Economy (based largely on ideas).

1.
a) listening
b) advocate
c) ignoring
d) adopting
e) viewing

2.
a) bold
b) emphasizing
c) underlying
d) over-riding
e) overlapping

3.
a) glitter
b) everything
c) each thing
d) proceed

4.
a) thinking
b) deliberately
c) casually
d) carelessly
e) seriously

5.
a) lose
b) charm
c) iron
d) stand
e) bear

6.
a) trend
b) movement
c) consumption
d) cost
e) production

7.
a) mass
b) someone
c) none
d) person
e) marketing

8.
a) obviously
b) reportedly
c) naturally
d) intrinsically
e) abysmally

9.
a) subjectively
b) deliberately
c) have
d) accordingly
e) necessarily

10.
a) stable
b) dogmatic
c) fragile
d) volatile
e) specific

Answers: 1- E, 2- B, 3- D, 4- B, 5- D, 6- E, 7- A, 8- E, 9- D, 10-A

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