New Click here to Enroll for SIDBI MSME Expert Class by ex-GM, SBI on Nov 24

    Register

    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 beleaguered dollar took a battering ___________ its all major rivals ________ emerging market currencies and crashed to a fresh 13 month lows ________ a dovish tone from the Fed __________ investors to push back rate rise bets and extend the recent risk taking mood. Uncertainty _______ the outcome of the Fed’s policy decision had made currency markets nervous across the globe recently. The Indian rupee was the best-performing currency in Asia in recent times.

    The beleaguered dollar took a battering ___________ its all major rivals.

    A against Correct Answer Incorrect Answer
    B through Correct Answer Incorrect Answer
    C via Correct Answer Incorrect Answer
    D including Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The beleaguered dollar took a battering against its all major rivals including emerging market currencies and crashed to a fresh 13—month lows after a dovish tone from the Fed allowed investors to push back rate rise bets and extend the recent risk—taking mood. Uncertainty surrounding the outcome of the Fed’s policy decision had made currency markets nervous across the globe recently. The Indian rupee was the best-performing currency in Asia in recent times.

    Practice Next