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Directions (Q. 71-80): In the following passage, some of the words have been left out, each of which is indicated by a number: Find the suitable word from the options given against each number and fill up the blanks with appropriate words to make the paragraph meaningfully complete.

If the IRDA is serious about policyholder protection, there are other areas to be (71) on a (72) too. Traditional insurance plans have one of the highest cost structures among financial products, with 15 to 40 per cent of the first-year premium (73) as agent fees. This needs to be (74) and the front-ending of fees, which incentivises agents to (75) customers, stopped. For products (76) as investment plans, simple and standardised disclosures on investment patterns and charges must be made (77), without needlessly (78) clauses on fund value, sum assured, bonuses and death benefits. The IRDA must also continue to pressure me industry to improve its claims settlement record. In 2013- 14, private life insurers (79) 14.5 per cent of claims, with the ratio for some as high as 25-30 percent. Reducing this is the first step to (80) policyholders confidence in insurance products.

71.       a) attacked                  b) tackled        c) avoided       d) preoccupied            e) solved

72.       a) precedence              b) seniority      c) priority        d) importance              e) haste

73.       a) appropriated            b) devoted       c) kept             d) refused                    e) appointed

74.       a) unleashed                b) egged on     c) liberated      d) moderated              e) done

75.       a) rebuke                     b) apologise     c) drive away  d) tight                        e) churn

76.       a) rejected                   b) used            c) pitched        d) conformed              e) labelled

77.       a) mandatory               b) indispensed c) needful        d) complete                 e) required

78.       a) facile                       b) arduous       c) mixed          d) any                          e) complicated

79.       a) claimed                    b) repudiated   c) underwritten           d) offered        e) gave

80.       a) recognise                 b) survive        c) wane            d) reviving                   e) lessen


71. b                72. c                73. a                74. d                75. e

76. c                77. a                78. e                79. b                80. d

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