Question : There are few words missing in the passage given below. The options given contain an answer that will fit in those given blanks. Choose the correct word to be used to make the sentence coherent and grammatically correct.
The Reserve Bank of India (RBI) on Tuesday 1) ___________________ that there would be no change in existing currency and banknotes. The clarification was made by RBI when there were reports that claimed the central bank was 2) ___________________ changes to the already existing currency and banknotes by 3) ___________________ the face of Mahatma Gandhi.
“There are reports in few sections of the 4) ___________________ that the Reserve Bank of India is considering changes to the existing currency and banknotes by changing the face of Mahatma Gandhi with that of others,” the RBI said in a 5) ___________________.
Choose the correct word to be used in blank 5.
Option 1: entitlement
Option 2: legacy
Option 3: resumption
Option 4: statement
Correct Answer: statement
Solution : The correct answer is option is statement
Banknotes by changing the face of Mahatma Gandhi with that of others,” the RBI said in a statement
Explanation:
The only word which will fit the blank to make the sentence coherent is statement.
It refers to a specific or unambiguous expression of something in writing or speech.
Meaning of the rest of the words
Entitlement- the official right of having something
Legacy- money or property given to you after someone dies
Resumption is the act of starting something up again after a break or interruption
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The Reserve Bank of India (RBI)
Question : The ___________ is responsible for issuing and regulating the currency in India.
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