A Surendran, Additional General Manager of International Banking at Federal Bank, said banks expected about $10 billion to __(1)__ in. “The __(2)__ of these inflows will be seen only in the next __(3)__. There may be an impact now but not a major one, as these __(4)__ have to be fresh deposits or renewal of deposits,” he said. Reports say the total NRE, NRO (non-resident ordinary) and FCNR deposits are at $51.97 billion as in October 2011. If one __(5)__ a one per cent __(6)__ in the value of rupee and takes __(7)__ account the __(8)__ rates in other countries, NRIs have an option __(9)__ they could borrow from their home countries and deposit in India, thereby making a clear __(10)__ of 1-2 per cent.
1)
a) grow
b) blow
c) flow
d) go
e) call
2)
a) produce
b) consequent
c) resultant
d) impact
e) reaction
3)
a) time
b) fiscal
c) year
d) mensem
e) plan
4)
a) tenders
b) money
c) cash
d) credits
e) deposits
5)
a) thinks
b) lends
c) assumes
d) borrows
e) feels
6)
a) grow
b) appreciation
c) plus
d) dividend
e) cut
7)
a) into
b) for
c) in
d) to
e) out
8)
a) prime
b) lending
c) pulse
d) increase
e) depreciation
9)
a) wherein
b) which
c) that
d) how
e) when
10)
a) difference
b) reduction
c) margin
d) deduction
e) cut
