Direction : In each of the following sentences there are two blank spaces.…
2020
Direction : In each of the following sentences there are two blank spaces. Below each five pairs of words have been denoted by numbers (A), (B), (C), (D) and (E). Find out which pair of words can be filled up in the blanks in the sentences in the same sequence to make the sentence meaningfully complete.
Further, to augment bond market liquidity, corporates need to be encouraged to _____________ existing bonds under the same International Securities Identification Number, to duly shore up floating _____________.
- A.
frame, image
- B.
recirculates, steaks
- C.
expunge, companies
- D.
redistribute, stakes
- E.
reissue, stocks
Attempted by 2 students.
Show answer & explanation
Correct answer: E
Concept
A two-blank filler is solved by testing each pair against two filters at once: the verb must make sense with the rest of the clause, and the noun must form a real, idiomatic phrase. A pair is correct only when BOTH words fit the meaning and the grammar of the sentence read in sequence.
Applying it here
The clause is about increasing bond market liquidity by acting on "existing bonds under the same International Securities Identification Number (ISIN)", and then propping up something "floating".
First blank (the verb): "reissue" means to put out more of a security that is already listed, keeping it under its existing ISIN. Issuing additional quantity of the same bond is exactly how an issuer deepens a market, so "reissue existing bonds under the same ISIN" reads naturally and matches the liquidity theme.
Second blank (the noun): "floating stock" is the standard finance term for the portion of a security that is freely available to trade in the market. "Shore up floating stocks" therefore means increase that tradable supply, which is precisely what greater liquidity needs.
Why the other pairs fail
Each rejected pair breaks on meaning, idiom, or grammar:
frame / image: neither word relates to bonds or liquidity; you cannot "frame" bonds, and "floating image" is meaningless here.
recirculates / steaks: the verb is in the wrong form after "to" (an infinitive is required, not "recirculates"), and "steaks" is a food word with no financial sense.
expunge / companies: "expunge" means to erase or delete, the opposite of increasing supply, and "floating companies" does not complete the idea of shoring up tradable bonds.
redistribute / stakes: "redistribute existing bonds" does not describe creating fresh supply under the same ISIN, and "floating stakes" is not the idiom the sentence needs.
Answer
reissue, stocks correctly completes both blanks in sequence.