New SIDBI Grade A New Batch Starts on Nov 18

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    Question

    In the following passage some of the words have been left out. Read the passage carefully and choose the correct answer for the given blank out of the four alternatives.

    The Federal Reserves’s statement came _____ the two day policy meet where the central bank ________ key policy rates unchanged but _________ to begin winding down its huge bond holdings soon. The domestic currency appreciated ________ a solid 26 paise, or 0.40 %. This is the ________ closing for the home currency since May 16, when it had settled at 64.08.

    The Federal Reserves’s statement came _____ the two day policy meet

    A ahead Correct Answer Incorrect Answer
    B after Correct Answer Incorrect Answer
    C there Correct Answer Incorrect Answer
    D Through Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The Federal Reserves’s statement came after the two—day policy meet where the central bank kept key policy rates unchanged but expected to begin winding down its huge bond holdings soon. The domestic currency appreciated by a solid 26 paise, or 0.40 %. This is the highest closing for the home currency since May 16, when it had settled at 64.08.

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