question_answer

Direction: In the following questions, you have several passages where some of the words have been left out. Read the passages carefully and choose the correct answer to each blank out of the four alternatives.

Passage - 3

This (166) balance of payment situation must be seen along with an equally serious problem of deficits in the government's own budget. A growing disparity exists between the government's total outlay and the sum of its current revenue and capital receipts. This gap, which has to be met through either external assistance or (167) deficit finance has grown over the years. The government (168) cannot resort to indefinitely growing volumes of external assistance of deficit finance to meet the increasing gap between its total expenditure and total receipts. (169) these conditions, there has been strong pressure on government to curtail various development programmes, welfare schemes and subsidies. Even if outlay in money terms are not actually cut, the (170) of these programmes may be reduced in real terms or their rate of expansion at least brought down.

A) Taking              

B) From

C) Under   

D) Above