Directions: In  the following passage there are blanks, each of which has been numbered. against each number, five words are suggested, one of which fits the blank appropriately. find out the appropriate word in each case.

The insurance industry is (___ 48 ___) myriad challenges arising from intense competition, rising regulatory compliance and growing payouts (___ 49 ___) to fraud and natural disasters. It is (___ 50 ___) that competitive pressures will make offshoring of information technology (IT) and business processes, a growing imperative in the insurance industry(___ 51 ___) to mainstream banking and financial services, where the early adoption of automation and IT helped facilitate outsourcing, first in IT services and later in BPO, the insurance industry has lagged (___ 52 ___). This is one reason why insurance companies have been more conservative in their attitude to business process outsourcing, a 11 (___ 53 ___) to off shoring. With expected cost savings of 30 % to 40 %, and other (___ 54 ___) such as focusing on core competencies and (___ 55 ___) to skilled labour, it is (___ 56 ___) that the insurance off shoring industry is (___ 57 ___) for significant growth in the next three to four years.

Q1.

48.

(a) looking

(b) pressing

(c) watching

(d) facing

(e) focusing

Q2.

49.

(a) reason

(b) due

(c) owed

(d) lent

(e) made

Q3.

50.

(a) featured

(b) proof

(c) wanted

(d) thought

(e) expected

Q4.

51.

(a) Compared

(b) Similar

(c) Unlike

(d) Balanced

(e) Alike

Q5.

52.

(a) in

(b) back

(c) up

(d) behind

(e) slow

Q6.

53.

(a) especially,

(b) important

(c) precise

(d) main

(e) regularly

Q7.

54.

(a) benefit

(b) advantages

(c) measures

(d) losses

(e) detriments

Q8.

55.

(a) excess

(b) open

(c) availability

(d) gain ,

(e) access

Q9.

56.

(a) deem

(b) timed

(c) believed

(d) idea

(e) doubted of

Q10.

57.

(a) available

(b) assured

(c) poised

(d) gear

(e) concentrated

ANSWERS :

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