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Practice Reading: Fill in the Blanks (Dropdown) ID: #49329 International Monetary Fund 2
Instructions ›
Below is a text with blanks. Click on each blank, a list of choices will appear. Select the appropriate choice for each blank.
The  International  Monetary  Fund  (IMF)  is  an  international  financial  organization  made  up  of  190  member  countries.  Headquartered  in  Washington,  D.C.,  the  IMF  works  to    global  monetary  cooperation,  secure  financial  stability,  facilitate  fair  international  trade,  promote  high  employment  and  sustainable  economic  growth,  and  reduce  poverty  around  the  world.  The  IMF  is  both    to  and  governed  by  its  near-global  membership  of  190  countries.  The  Board  of  Governors  is  the  highest  decision-making  body  of  the  IMF.  It  consists  of  one  governor  and  one  alternate  governor  from  each  member  country.  The  governor  is    by  the  member  country  and  is  usually  the  minister  of  finance  or  the  head  of  the  central  bank.  The  day-to-day  work  of  the  IMF  is  overseen  by  its  24-member  Executive  Board,  which    the  entire  membership  and  is  supported  by  IMF  staff.  The  Managing  Director  is  the  head  of  the  IMF  staff  and  Chair  of  the  Executive  Board  and  is  assisted  by  four  Deputy  Managing  Directors.  The  primary  functions  of  the  IMF  are  lending,  economic  condition  surveillance,  and  technical    to  member  countries.

Result:

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Correct answer: foster

Explanation: The word 'foster' fits grammatically as it is a verb that means to encourage or promote the development of something, which aligns perfectly with the context of the IMF's goals. The sentence structure requires a verb that indicates action, and 'foster' conveys the intended meaning of promoting global monetary cooperation.

Meaning: 'Foster' means to encourage or support the growth or development of something, in this case, global monetary cooperation.

Wrong options:

  • booster: 'Booster' is a noun that refers to something that increases or improves something else, but it does not fit grammatically as a verb in this context.
  • buster: 'Buster' is a noun that typically refers to something that breaks or destroys, which does not align with the positive action intended in the sentence.
  • molester: 'Molester' is a noun that refers to someone who harms or abuses, which is entirely inappropriate and contextually irrelevant in this context.
Correct answer: accountable

Explanation: The word 'accountable' is an adjective that describes the IMF's responsibility to its member countries. It fits grammatically as it describes the relationship between the IMF and its members, indicating that the IMF must answer to them for its actions.

Meaning: 'Accountable' means being responsible for one's actions and being required to explain them to others, in this case, the member countries of the IMF.

Wrong options:

  • adoptable: 'Adoptable' is an adjective that means capable of being adopted, which does not convey the necessary sense of responsibility in this context.
  • indisputable: 'Indisputable' is an adjective meaning undeniable or unquestionable, which does not fit the context of responsibility and governance.
  • hospitable: 'Hospitable' is an adjective that refers to being welcoming or friendly, which is not relevant to the governance and accountability of the IMF.
Correct answer: appointed

Explanation: The word 'appointed' is the correct verb form that indicates the action of officially assigning someone to a position. It fits grammatically as it describes the process by which the governor is selected by the member country, aligning with the formal context of governance.

Meaning: 'Appointed' means officially assigned to a position or role, in this case, the governor of the IMF is designated by the member country.

Wrong options:

  • unappointed: 'Unappointed' is not a standard term and implies a lack of appointment, which contradicts the context of official selection.
  • anointed: 'Anointed' typically refers to a ceremonial designation, often with religious connotations, which is not appropriate in this formal governance context.
  • disjointed: 'Disjointed' means lacking a coherent connection, which does not apply to the formal process of appointing a governor.
Correct answer: oversees

Explanation: The word 'oversees' is a verb that means to supervise or manage, which fits grammatically and contextually as it describes the role of the Executive Board in relation to the IMF's membership. It indicates an active role in governance and management.

Meaning: 'Oversees' means to supervise or manage, indicating that the Executive Board is responsible for the overall functioning of the IMF.

Wrong options:

  • devises: 'Devises' means to plan or invent, which does not fit the context of managing or supervising the membership.
  • promises: 'Promises' is a verb that indicates a commitment to do something, which does not align with the supervisory role described in the sentence.
  • foresees: 'Foresees' means to predict or anticipate, which does not match the context of actively managing the membership.
Correct answer: assistance

Explanation: The word 'assistance' is a noun that refers to help or support, which fits grammatically as it describes one of the primary functions of the IMF. It aligns with the context of providing support to member countries.

Meaning: 'Assistance' means help or support, particularly in a financial or technical context, which is a key function of the IMF.

Wrong options:

  • suppliance: 'Suppliance' is a less common term that refers to the act of supplying, which does not convey the intended meaning of help or support in this context.
  • immittance: 'Immittance' is a technical term related to electrical engineering and does not fit the context of economic support.
  • repugnance: 'Repugnance' means strong dislike or aversion, which is entirely contrary to the supportive role of the IMF.

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