This is the Vocab24 daily quiz of 5 March 2026, the same 26 questions the app served that day, on the day's vocabulary and editorial. One mark for a right answer, minus 0.25 for a wrong one; the explanation opens as soon as you tap.

1. Synonym

Out of the given alternatives select the alternative which best expresses the meaning of given word.

Captivate

2. Synonym

Out of the given alternatives select the alternative which best expresses the meaning of given word.

Caricature

3. Synonym

Out of the given alternatives select the alternative which best expresses the meaning of given word.

Deciduous

4. Synonym

Out of the given alternatives select the alternative which best expresses the meaning of given word.

Illustrious

5. Antonym

Out of the given alternatives select the word opposite in meaning to the given word.

Harmonious

6. Antonym

Out of the given alternatives select the word opposite in meaning to the given word.

Premonition

7. Antonym

Out of the given alternatives select the word opposite in meaning to the given word.

Monumental

8. Antonym

Out of the given alternatives select the word opposite in meaning to the given word.

Exacting

9. One word substitution

Out of given alternatives, choose the word which can be substituted for the given words/ sentence.

A picture, description, or imitation that exaggerates a person’s features for comic effect.

10. One word substitution

Out of given alternatives, choose the word which can be substituted for the given words/ sentence.

Well-known, respected, and admired for past achievements.

11. One word substitution

Out of given alternatives, choose the word which can be substituted for the given words/ sentence.

Impossible to correct, improve, or reform.

12. One word substitution

Out of given alternatives, choose the word which can be substituted for the given words/ sentence.

Very great and important; huge in size or scale.

13. Fill in the blank

A statement with one blank is given below. Choose the set of words from the given options which can be used to fill the given blank.

Researchers from various institutes have come up with ________ ways to utilise the plastic waste that cannot be recycled further or are recyclable.

14. Fill in the blank

A statement with one blank is given below. Choose the set of words from the given options which can be used to fill the given blank.

The candidate’s exposition was ________ for its brevity and clarity

15. Fill in the blank

A statement with one blank is given below. Choose the set of words from the given options which can be used to fill the given blank.

As the bare mountains turned green the people found ________ looking forward to spring

16. Idiom

Out of given alternatives select the option which best expresses the meaning of given idiom/ phrase.

The young boy’s act put his father in a pickle.

17. Idiom

Out of given alternatives select the option which best expresses the meaning of given idiom/ phrase.

They got on well with each other the moment they met.

18. Idiom

Out of given alternatives select the option which best expresses the meaning of given idiom/ phrase.

She tried to slip off, but was caught immediately.

19. Sentence correction

Which of phrases given below each sentence should replace the phrase printed in bold type to make the grammatically correct? If the sentence is correct as it is, mark 'd' as the answer.

Wholesome strategic planning(1)/ was the focus as (2)/ the firm manage through a difficult period (3)/ a couple of years ago(4)/ No error (5)

20. Sentence correction

Which of phrases given below each sentence should replace the phrase printed in bold type to make the grammatically correct? If the sentence is correct as it is, mark 'd' as the answer.

The study focusing exclusively to (1)/ critically ill children found, that children with chronic illnesses, (2)/especially respiratory illnesses, are most likely (3) / to develop influenza that re quires critical care (4)/ No error (5)

21. Sentence correction

Which of phrases given below each sentence should replace the phrase printed in bold type to make the grammatically correct? If the sentence is correct as it is, mark 'd' as the answer.

They persisted (1)/ on their going (2)/ inspite of rain. (3)/ No error (4) .

22. RC

Read the following passage carefully and answer the questions given below it. Certain words in the passage are printed in bold to help you to locate them easily while answering some of the questions. <br><br><br> The debt swap scheme is one among the various market based debt restructuring measures available to provide debt relief without hampering the Interest of the creditor. The basic notion of debt swap/conversion is relatively simple. The principle is that instead of continuing to make interest 1 payments on outstanding loans contracted in past at a very high rate, the debtor is able to find some other means of settling the debt which is satisfactory to both the debtor and creditor. The debt swap can be of various types, the most prominent being the debt equity swaps, or debt-to-debt swaps. Debt equity swaps are exchange of bonds or bank loans for ownership rights to equity. Such debt equity swaps have formed part of private corporations restructuring process for some time. The debt swap whether internal or external has an array of macroeconomic effects. It is to be noted that in any debt swap scheme, the debtor must surrender an asset in return for having a liability extinguished. For example, in case of debt equity swap, debt is exchanged by a claim on capital stock owned by the debtor. <br><br> In the case of external debt, if the government retires external debt by issuing domestic bonds, in a balanced budget there are no real effects beyond those created by the initial wealth effect 1 the economy will display a current account surplus, accompanied by an initial appreciation of parallel exchange rate and a high real interest rate. These effects are independent of the discounts received by the government. The practice of debt equity swap or debt to debt swap particularly in the context of external debt has given rise to active controversy. The debate covers wide ranging issues such as welfare characteristics of such swaps, their potential for reducing net capital flows, and the degree to which swap can reduce the negative incentive effects of debt overhang. Attention has also been paid on the effect of debt swap on the secondary market prices of debt. In the case of external debt, Mexico and Brazil suspended the debt conversion programme, because they can be inflationary as they put excessive pressure on the free market for foreign exchange or because swapping No foreign debt with domestic debt can be expensive. If the debt is swapped through money financing, it leads to an expansion of money supply. <br><br> If the government can run sustained deficits, the fiscal side provides a key link through which swaps can create macroeconomic disequilibrium. In a deficit situation, if the supply of bond is increased to swap the debt, and if the discounts obtained by the government due to interest rate differential are not large enough to cover the deficit, government will have to issue fresh bonds, which in turn may push up the interest rate. Finally, if the government continues to run a fiscal deficit and to avoid inflationary effects if it relies mostly on debt for bonds swapped and if this in turn leads to an accumulation of domestic debt, which the public expects will eventually be monetized, the domestic rate of inflation will immediately begin to rise. In the case of the debt swap scheme between central and state governments in India, states can restructure their debt by prepayment of high cost central debt with additional market borrowing at a lower rate of interest. Essentially, this should result in the reduction in the average cost of debt of the state government, However, that would largely depend on the volume of savings in the Interest cost in relation to the outstanding debt stock available for swapping. Despite the savings in interest cost due to debt swap, if a large gap is to be filled by additional borrowing, there is a possibility that swap induced additional market borrowing may put pressure on the interest rate. Also, in an extreme case, continuous financing of swappable debt through bond financing may fuel inflation if the holder of the bond expects that debt will eventually be monetized. It is evident from this discussion that aggressive debt restructuring proposed to reap the benefit of low interest rate regime a times may itself become the cause of hardening of future interest rates.

Which of the following measures had been adopted by private Corporations in restrictions in restructuring process ?

23. RC

Read the following passage carefully and answer the questions given below it. Certain words in the passage are printed in bold to help you to locate them easily while answering some of the questions. <br><br><br> The debt swap scheme is one among the various market based debt restructuring measures available to provide debt relief without hampering the Interest of the creditor. The basic notion of debt swap/conversion is relatively simple. The principle is that instead of continuing to make interest 1 payments on outstanding loans contracted in past at a very high rate, the debtor is able to find some other means of settling the debt which is satisfactory to both the debtor and creditor. The debt swap can be of various types, the most prominent being the debt equity swaps, or debt-to-debt swaps. Debt equity swaps are exchange of bonds or bank loans for ownership rights to equity. Such debt equity swaps have formed part of private corporations restructuring process for some time. The debt swap whether internal or external has an array of macroeconomic effects. It is to be noted that in any debt swap scheme, the debtor must surrender an asset in return for having a liability extinguished. For example, in case of debt equity swap, debt is exchanged by a claim on capital stock owned by the debtor. <br><br> In the case of external debt, if the government retires external debt by issuing domestic bonds, in a balanced budget there are no real effects beyond those created by the initial wealth effect 1 the economy will display a current account surplus, accompanied by an initial appreciation of parallel exchange rate and a high real interest rate. These effects are independent of the discounts received by the government. The practice of debt equity swap or debt to debt swap particularly in the context of external debt has given rise to active controversy. The debate covers wide ranging issues such as welfare characteristics of such swaps, their potential for reducing net capital flows, and the degree to which swap can reduce the negative incentive effects of debt overhang. Attention has also been paid on the effect of debt swap on the secondary market prices of debt. In the case of external debt, Mexico and Brazil suspended the debt conversion programme, because they can be inflationary as they put excessive pressure on the free market for foreign exchange or because swapping No foreign debt with domestic debt can be expensive. If the debt is swapped through money financing, it leads to an expansion of money supply. <br><br> If the government can run sustained deficits, the fiscal side provides a key link through which swaps can create macroeconomic disequilibrium. In a deficit situation, if the supply of bond is increased to swap the debt, and if the discounts obtained by the government due to interest rate differential are not large enough to cover the deficit, government will have to issue fresh bonds, which in turn may push up the interest rate. Finally, if the government continues to run a fiscal deficit and to avoid inflationary effects if it relies mostly on debt for bonds swapped and if this in turn leads to an accumulation of domestic debt, which the public expects will eventually be monetized, the domestic rate of inflation will immediately begin to rise. In the case of the debt swap scheme between central and state governments in India, states can restructure their debt by prepayment of high cost central debt with additional market borrowing at a lower rate of interest. Essentially, this should result in the reduction in the average cost of debt of the state government, However, that would largely depend on the volume of savings in the Interest cost in relation to the outstanding debt stock available for swapping. Despite the savings in interest cost due to debt swap, if a large gap is to be filled by additional borrowing, there is a possibility that swap induced additional market borrowing may put pressure on the interest rate. Also, in an extreme case, continuous financing of swappable debt through bond financing may fuel inflation if the holder of the bond expects that debt will eventually be monetized. It is evident from this discussion that aggressive debt restructuring proposed to reap the benefit of low interest rate regime a times may itself become the cause of hardening of future interest rates.

Which of the following is the recommendation of the author to stabilize the interest rates ?

24. RC

Read the following passage carefully and answer the questions given below it. Certain words in the passage are printed in bold to help you to locate them easily while answering some of the questions. <br><br><br> The debt swap scheme is one among the various market based debt restructuring measures available to provide debt relief without hampering the Interest of the creditor. The basic notion of debt swap/conversion is relatively simple. The principle is that instead of continuing to make interest 1 payments on outstanding loans contracted in past at a very high rate, the debtor is able to find some other means of settling the debt which is satisfactory to both the debtor and creditor. The debt swap can be of various types, the most prominent being the debt equity swaps, or debt-to-debt swaps. Debt equity swaps are exchange of bonds or bank loans for ownership rights to equity. Such debt equity swaps have formed part of private corporations restructuring process for some time. The debt swap whether internal or external has an array of macroeconomic effects. It is to be noted that in any debt swap scheme, the debtor must surrender an asset in return for having a liability extinguished. For example, in case of debt equity swap, debt is exchanged by a claim on capital stock owned by the debtor. <br><br> In the case of external debt, if the government retires external debt by issuing domestic bonds, in a balanced budget there are no real effects beyond those created by the initial wealth effect 1 the economy will display a current account surplus, accompanied by an initial appreciation of parallel exchange rate and a high real interest rate. These effects are independent of the discounts received by the government. The practice of debt equity swap or debt to debt swap particularly in the context of external debt has given rise to active controversy. The debate covers wide ranging issues such as welfare characteristics of such swaps, their potential for reducing net capital flows, and the degree to which swap can reduce the negative incentive effects of debt overhang. Attention has also been paid on the effect of debt swap on the secondary market prices of debt. In the case of external debt, Mexico and Brazil suspended the debt conversion programme, because they can be inflationary as they put excessive pressure on the free market for foreign exchange or because swapping No foreign debt with domestic debt can be expensive. If the debt is swapped through money financing, it leads to an expansion of money supply. <br><br> If the government can run sustained deficits, the fiscal side provides a key link through which swaps can create macroeconomic disequilibrium. In a deficit situation, if the supply of bond is increased to swap the debt, and if the discounts obtained by the government due to interest rate differential are not large enough to cover the deficit, government will have to issue fresh bonds, which in turn may push up the interest rate. Finally, if the government continues to run a fiscal deficit and to avoid inflationary effects if it relies mostly on debt for bonds swapped and if this in turn leads to an accumulation of domestic debt, which the public expects will eventually be monetized, the domestic rate of inflation will immediately begin to rise. In the case of the debt swap scheme between central and state governments in India, states can restructure their debt by prepayment of high cost central debt with additional market borrowing at a lower rate of interest. Essentially, this should result in the reduction in the average cost of debt of the state government, However, that would largely depend on the volume of savings in the Interest cost in relation to the outstanding debt stock available for swapping. Despite the savings in interest cost due to debt swap, if a large gap is to be filled by additional borrowing, there is a possibility that swap induced additional market borrowing may put pressure on the interest rate. Also, in an extreme case, continuous financing of swappable debt through bond financing may fuel inflation if the holder of the bond expects that debt will eventually be monetized. It is evident from this discussion that aggressive debt restructuring proposed to reap the benefit of low interest rate regime a times may itself become the cause of hardening of future interest rates.

Which of the following best describes the notion of debt conversion ?

25. RC

Read the following passage carefully and answer the questions given below it. Certain words in the passage are printed in bold to help you to locate them easily while answering some of the questions. <br><br><br> The debt swap scheme is one among the various market based debt restructuring measures available to provide debt relief without hampering the Interest of the creditor. The basic notion of debt swap/conversion is relatively simple. The principle is that instead of continuing to make interest 1 payments on outstanding loans contracted in past at a very high rate, the debtor is able to find some other means of settling the debt which is satisfactory to both the debtor and creditor. The debt swap can be of various types, the most prominent being the debt equity swaps, or debt-to-debt swaps. Debt equity swaps are exchange of bonds or bank loans for ownership rights to equity. Such debt equity swaps have formed part of private corporations restructuring process for some time. The debt swap whether internal or external has an array of macroeconomic effects. It is to be noted that in any debt swap scheme, the debtor must surrender an asset in return for having a liability extinguished. For example, in case of debt equity swap, debt is exchanged by a claim on capital stock owned by the debtor. <br><br> In the case of external debt, if the government retires external debt by issuing domestic bonds, in a balanced budget there are no real effects beyond those created by the initial wealth effect 1 the economy will display a current account surplus, accompanied by an initial appreciation of parallel exchange rate and a high real interest rate. These effects are independent of the discounts received by the government. The practice of debt equity swap or debt to debt swap particularly in the context of external debt has given rise to active controversy. The debate covers wide ranging issues such as welfare characteristics of such swaps, their potential for reducing net capital flows, and the degree to which swap can reduce the negative incentive effects of debt overhang. Attention has also been paid on the effect of debt swap on the secondary market prices of debt. In the case of external debt, Mexico and Brazil suspended the debt conversion programme, because they can be inflationary as they put excessive pressure on the free market for foreign exchange or because swapping No foreign debt with domestic debt can be expensive. If the debt is swapped through money financing, it leads to an expansion of money supply. <br><br> If the government can run sustained deficits, the fiscal side provides a key link through which swaps can create macroeconomic disequilibrium. In a deficit situation, if the supply of bond is increased to swap the debt, and if the discounts obtained by the government due to interest rate differential are not large enough to cover the deficit, government will have to issue fresh bonds, which in turn may push up the interest rate. Finally, if the government continues to run a fiscal deficit and to avoid inflationary effects if it relies mostly on debt for bonds swapped and if this in turn leads to an accumulation of domestic debt, which the public expects will eventually be monetized, the domestic rate of inflation will immediately begin to rise. In the case of the debt swap scheme between central and state governments in India, states can restructure their debt by prepayment of high cost central debt with additional market borrowing at a lower rate of interest. Essentially, this should result in the reduction in the average cost of debt of the state government, However, that would largely depend on the volume of savings in the Interest cost in relation to the outstanding debt stock available for swapping. Despite the savings in interest cost due to debt swap, if a large gap is to be filled by additional borrowing, there is a possibility that swap induced additional market borrowing may put pressure on the interest rate. Also, in an extreme case, continuous financing of swappable debt through bond financing may fuel inflation if the holder of the bond expects that debt will eventually be monetized. It is evident from this discussion that aggressive debt restructuring proposed to reap the benefit of low interest rate regime a times may itself become the cause of hardening of future interest rates.

What affect will be visible on the economy if Government decides to issue domestic bonds ?

26. RC

Read the following passage carefully and answer the questions given below it. Certain words in the passage are printed in bold to help you to locate them easily while answering some of the questions. <br><br><br> The debt swap scheme is one among the various market based debt restructuring measures available to provide debt relief without hampering the Interest of the creditor. The basic notion of debt swap/conversion is relatively simple. The principle is that instead of continuing to make interest 1 payments on outstanding loans contracted in past at a very high rate, the debtor is able to find some other means of settling the debt which is satisfactory to both the debtor and creditor. The debt swap can be of various types, the most prominent being the debt equity swaps, or debt-to-debt swaps. Debt equity swaps are exchange of bonds or bank loans for ownership rights to equity. Such debt equity swaps have formed part of private corporations restructuring process for some time. The debt swap whether internal or external has an array of macroeconomic effects. It is to be noted that in any debt swap scheme, the debtor must surrender an asset in return for having a liability extinguished. For example, in case of debt equity swap, debt is exchanged by a claim on capital stock owned by the debtor. <br><br> In the case of external debt, if the government retires external debt by issuing domestic bonds, in a balanced budget there are no real effects beyond those created by the initial wealth effect 1 the economy will display a current account surplus, accompanied by an initial appreciation of parallel exchange rate and a high real interest rate. These effects are independent of the discounts received by the government. The practice of debt equity swap or debt to debt swap particularly in the context of external debt has given rise to active controversy. The debate covers wide ranging issues such as welfare characteristics of such swaps, their potential for reducing net capital flows, and the degree to which swap can reduce the negative incentive effects of debt overhang. Attention has also been paid on the effect of debt swap on the secondary market prices of debt. In the case of external debt, Mexico and Brazil suspended the debt conversion programme, because they can be inflationary as they put excessive pressure on the free market for foreign exchange or because swapping No foreign debt with domestic debt can be expensive. If the debt is swapped through money financing, it leads to an expansion of money supply. <br><br> If the government can run sustained deficits, the fiscal side provides a key link through which swaps can create macroeconomic disequilibrium. In a deficit situation, if the supply of bond is increased to swap the debt, and if the discounts obtained by the government due to interest rate differential are not large enough to cover the deficit, government will have to issue fresh bonds, which in turn may push up the interest rate. Finally, if the government continues to run a fiscal deficit and to avoid inflationary effects if it relies mostly on debt for bonds swapped and if this in turn leads to an accumulation of domestic debt, which the public expects will eventually be monetized, the domestic rate of inflation will immediately begin to rise. In the case of the debt swap scheme between central and state governments in India, states can restructure their debt by prepayment of high cost central debt with additional market borrowing at a lower rate of interest. Essentially, this should result in the reduction in the average cost of debt of the state government, However, that would largely depend on the volume of savings in the Interest cost in relation to the outstanding debt stock available for swapping. Despite the savings in interest cost due to debt swap, if a large gap is to be filled by additional borrowing, there is a possibility that swap induced additional market borrowing may put pressure on the interest rate. Also, in an extreme case, continuous financing of swappable debt through bond financing may fuel inflation if the holder of the bond expects that debt will eventually be monetized. It is evident from this discussion that aggressive debt restructuring proposed to reap the benefit of low interest rate regime a times may itself become the cause of hardening of future interest rates.

Which factors compelled Latin American countries to keep in abeyance the debt swap program ?

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