Cloze Test Questions For Banking & Insurance Exams 2021 | Set-14

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Cloze Test Questions For Banking Exams

Cloze Test Questions for Banking, Insurance, and SSC CGL/CHSL Exams. How to solve New Pattern Cloze Test – Cloze Test Ticks and Tips. If you are preparing for upcoming IBPS, SBI PO/Clerk, RBI Assistant Mains, LIC AAO, SEBI Grade A, and other exams, you will come across a section on the English language Section. Here we are providing you English Language Cloze Test Questions for Banking & Insurance Exams, based on the latest pattern of your daily practice.

English Language Cloze Test Questions will help you learn concepts on important topics in English Section. This “English Language Cloze Test Questions” is also important for other banking exams such as SBI Clerk, IDBI Executive and Syndicate PO, IBPS PO, IBPS Clerk, SBI Clerk, IBPS RRB Officer, IBPS RRB Office Assistant, IBPS SO, SBI SO, SEBI, NABARD, RBI, and other competitive exams.

English Language Cloze Test Questions for Banking Exams | Set- 14


Directions:(1-5) Given below is a paragraph that has blank spaces. Corresponding to each blank, five options are given, out of which only one is appropriate. Choose the option that fits most suitably in the given blank making sentence grammatically and contextually correct.

The Reserve Bank of India’s account aggregator framework went live on Thursday. Eight major banks have ____________________ (1) the account aggregator network that will enable customers to easily access and share their financial data. These lenders ___________________ (2) State Bank of India, ICICI Bank, Axis Bank, IDFC First Bank, Kotak Mahindra Bank, HDFC Bank, IndusInd Bank, and Federal Bank.
Neo bank Fi has also ______________________ (3) the account aggregator network and is one of the first fintech to join the ecosystem. “Access to financial data creates the ___________________ (4) to expand the delivery of financial products and services from what we have become accustomed to AA framework is designed to ____________________ (5) the sharing of financial data in a secure, transparent and efficient manner,” said M Rajeshwar Rao, Deputy Governor, RBI, at an online event to launch AA, organized by iSPIRT. Digital footprints when properly used, empowered by consumers using their own data, enable a huge amount of credit to small businesses.

1. Choose the correct option for (1):

  1. Denied
  2. Curtailed
  3. Inclined
  4.  Joined
  5. Sent

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Correct Answer: D. Joined

Explanation: The most suitable word to fill the blank is “joined”. We can conclude from the given statement that eight large banks have entered into the account aggregator network.

2. Choose the correct option for (2):

  1. Induce
  2. Consume
  3. Include
  4. Correspond
  5. Destroy

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Correct Answer: C. Include

Explanation: The most suitable word to fill the given blank is “include”. The names of the banks that have been included in the Reserve Bank of India’s account aggregator structure are mentioned in the statement.

3. Choose the correct option for (3):

  1. Terminated
  2. Nullified
  3. Importance
  4. Signified
  5. Joined

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Correct Answer: E. Joined

Explanation:The most suitable word to fill the given blank is “joined”. According to the given statement, Neo bank Fi has also entered into the account aggregator network.

4. Choose the correct option for (4):

  1. Destruction
  2. Kinetic
  3. Substance
  4. Potential
  5. Monetary

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Correct Answer: D. Potential

Explanation: Access to financial data has the ability to expand the delivery of financial products and services, as stated in the given statement. Therefore, among the given words only “potential” adheres to the grammar and context of the given passage.

5. Choose the correct option for (5):

  1. Facilitate
  2. Restrain
  3. Rescue
  4. Indemnify
  5. Denounce

Spoiler title

Correct Answer: A. Facilitate

Explanation: The given statement denotes that the new framework is intended to make financial data sharing more secure, transparent, and efficient.

Directions:(6-10) In the given passage, few blanks are given which are numbered. Below the passage, few words have been suggested for each blank which could make the sentence grammatically correct and contextually meaningful. Identify the word that could fill in the blank in the most appropriate manner.

On the day the United States marked two decades since the September 11, 2001 terrorist attacks, the Taliban ______________ (6) hoisted their flag over the Afghan presidential palace to start off their new______________ (7). The unprecedented 9/11 attacks ______________ (8) the U.S. not only to invade landlocked, strategically located Afghanistan but also to launch a global war on terror. Yet, the U.S.-led war on terror has ___________ (9) no tangible results.
If anything, it has made the world less safe. The _____________ (10) of transnational terrorism has only spread deeper and wider in the world. In fact, the U.S. President Joe Biden’s blunder in facilitating the terrorist takeover of Afghanistan raises the nagging question whether the seeds of another 9/11 have been sown.

6. Choose the correct option for (6):

  1. Cripple
  2. Venture
  3. Triumphantly
  4. Implicate
  5. None of these

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Correct Answer: C. Triumphantly

Explanation: The above passage is talking about the US war on terror and against Afghanistan. Therefore the correct word for the first blank will be ‘triumphantly’ which means victorious
cripple means to damage somebody’s body so that he/she is no longer able to walk or move normally
venture means a project which is new and possibly dangerous, because you cannot be sure that it will succeed
implicate means to show that somebody is involved in something unpleasant, especially a crime

7. Choose the correct option for (7):

  1. Caveat
  2. Staggered
  3. Cohort
  4. Regime
  5. None of these

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Correct Answer: D. Regime

Explanation: The above passage is talking about the US war on terror and against Afghanistan. Therefore the correct word for the second blank will be ‘regime’ which means a method or system of government, especially one that has not been elected in a fair way
caveat means a warning or proviso of specific stipulations, conditions, or limitations.
staggered means walk or move unsteadily, as if about to fall
cohort means a group of people with a shared characteristic.

8. Choose the correct option for (8):

  1. Jeopardise
  2. Emulate
  3. Prompted
  4. Exorbitantly
  5. None of these

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Correct Answer: C. Prompted

Explanation: The above passage is talking about the US war on terror and against Afghanistan. Therefore the correct word for the third blank will be ‘prompted’ which means cause or bring about
jeopardise means put (someone or something) into a situation in which there is a danger of loss, harm, or failure.
emulate means match or surpass (a person or achievement), typically by imitation.
exorbitantly means exceeding the bounds of custom, propriety, or reason, especially in amount or extent; highly excessive

9. Choose the correct option for (9):

  1. Yielded
  2. Rump
  3. Topple
  4. Ousted
  5. None of these

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Correct Answer: A. Yielded

Explanation: The above passage is talking about the US war on terror and against Afghanistan. Therefore the correct word for the forth blank will be ‘yielded’ which means to produce or provide crops, profits or results
rump means the back end of an animal
topple means to become less steady and fall down
ousted means to force somebody out of a job or position of power, especially in order to take his/her place

10. Choose the correct option for (10):

  1. Recalcitrance
  2. Scourge
  3. Strident
  4. Restriction
  5. None of these

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Correct Answer: B. Scourge

Explanation: The above passage is talking about the US war on terror and against Afghanistan. Therefore the correct word for the fifth blank will be ‘scourge’ which means a person or thing that causes a lot of trouble or suffering
recalcitrance means difficult to manage or operate
strident means loud and unpleasant


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