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Question : Comprehension:

In the following passage, some words have been deleted. Read the passage carefully and select the most appropriate option to fill in each blank.

Tea prices in the domestic market continue to rule high in the (1) _____ year despite the expectation of higher production as compared to the previous year. According to a preliminary assessment (2) _____ on the weather (3) _____ in recent months, tea output in the next year may reach 800 tonnes as (4) _____ 780 tonnes last year. During the past three months, tea prices have shown an (5) _____ Unlike last year, when tea prices were dramatically low, this year, prices seem to have stabilised at rather high levels.

Question:
Select the most appropriate option to fill in the blank number 5.

Option 1: decline

Option 2: incline

Option 3: upgrade

Option 4: uptrend


Team Careers360 14th Jan, 2024
Answer (1)
Team Careers360 19th Jan, 2024

Correct Answer: uptrend


Solution : The fourth option is the correct answer.

The phrase "tea prices have shown" suggests a description of the direction or movement of the prices. Uptrend is a term used in finance to describe a general upward movement in prices or values over a period of time, which fits well in the context of prices stabilising at rather high levels.

The meanings of the other options are as follows:

  • Decline: A decrease or downward movement in prices or values.
  • Incline: It means to have a tendency or movement in a particular direction.
  • Upgrade: It means to improve or enhance.
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