Directions (Q. 1-5): Which of the phrases (1), (2), (3) and (4) given below each sentence should replace the word/phrase printed in bold in the sentence to make it correct? If the sentence is correct as it is given and ‘No correction is required’, mark (5) as the answer.
1. Customers of the bank who have lost a demand draft or traveler’s cheque are required to give an indemnity before the issuance of a fresh instrument in spite of the lost one. (2)
1) by dint of
2) in lieu of
3) for the sake of
4) instead of
5) None of these
2. The question whether the bank is resolved of its liability under a guarantee issued by it when the main contract is suspended by a statute was considered by the Bombay High Court a few years ago. (2)
1) is abreast of its
2) is absolved of its
3) are refrain from their
4) are free of its
5) No correction required
3. If the premium is not paid regularly, the policy lapsing and reviving the policy is complicated. (4)
1) lapses and revival
2) lapsed and revival
3) lapsation and revival
4) lapses and reviving
5) No correction required
4. When money deposited by a customer is not repayable on demand and is payable on the expiry of a specified period from the date of deposit, such a deposit is called a Fixed Deposit. (5)
1) end of a specific limit
2) finish of a specific period
3) pre determined month
4) expiry of the specified date
5) No correction required
5. Those caught with inappropriate registration plates will no longer be let out with a meager fine of Rs. 100. (1)
1) will no longer be let off
2) will no long be let up
3) should no long be let down
4) must no longer be let on
5) None of these
