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English Quiz On Cloze Test
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Question 1
Direction: In the following passage, there are blanks each of which has been numbered. These numbers correspond to the question numbers; against each question, five words have been suggested, one of which fills the blanks appropriately.
In this company town where acacia and palm oil trees (1) for miles, the Indonesian conglomerate Royal Golden Eagle is (2) for impact. Already, prices of palm oil, one of its main products, have fallen. And the value of the Indonesian rupiah has plummeted, (3) the buying power of the 100,000 people in this dusty town, many of whom (4) on the sprawling mill and plantation for jobs, as well as electricity and water. And foreign investors have been broadly rethinking the country’s (5), creating economic uncertainty. With the United States Federal Reserve now raising interest rates for the first time in nearly a decade, the company, which is private, is preparing for a further shakeout by (6) its debt load low and shifting its product mix. It is (7) moving forward with new investments, like a $300 million expansion aimed at cutting the group’s reliance on lower-value acacia pulp exports. “We wanted to be positioned nicely for this downturn,” said Anderson Tanoto, the son of the company’s founder and chairman, Sukanto Tanoto. “It was just a matter of time. We all knew rates couldn’t stay low.” For years, emerging economies rode high on a flood of easy money, as the Fed cut (8) rates to record lows. In Indonesia, miners, shippers, plantation operators and other businesses (9) up on cheap debt to finance investments and expansion. Indonesia overtook Malaysia as the world’s biggest producer of palm oil and (10) as a major regional supplier of other important raw materials.
In this company town where acacia and palm oil trees (1) for miles, the Indonesian conglomerate Royal Golden Eagle is (2) for impact. Already, prices of palm oil, one of its main products, have fallen. And the value of the Indonesian rupiah has plummeted, (3) the buying power of the 100,000 people in this dusty town, many of whom (4) on the sprawling mill and plantation for jobs, as well as electricity and water. And foreign investors have been broadly rethinking the country’s (5), creating economic uncertainty. With the United States Federal Reserve now raising interest rates for the first time in nearly a decade, the company, which is private, is preparing for a further shakeout by (6) its debt load low and shifting its product mix. It is (7) moving forward with new investments, like a $300 million expansion aimed at cutting the group’s reliance on lower-value acacia pulp exports. “We wanted to be positioned nicely for this downturn,” said Anderson Tanoto, the son of the company’s founder and chairman, Sukanto Tanoto. “It was just a matter of time. We all knew rates couldn’t stay low.” For years, emerging economies rode high on a flood of easy money, as the Fed cut (8) rates to record lows. In Indonesia, miners, shippers, plantation operators and other businesses (9) up on cheap debt to finance investments and expansion. Indonesia overtook Malaysia as the world’s biggest producer of palm oil and (10) as a major regional supplier of other important raw materials.
Choose the correct answer from the given options to fill the blanks which are numbered.
Question 2
Direction: In the following passage, there are blanks each of which has been numbered. These numbers correspond to the question numbers; against each question, five words have been suggested, one of which fills the blanks appropriately.
In this company town where acacia and palm oil trees (1) for miles, the Indonesian conglomerate Royal Golden Eagle is (2) for impact. Already, prices of palm oil, one of its main products, have fallen. And the value of the Indonesian rupiah has plummeted, (3) the buying power of the 100,000 people in this dusty town, many of whom (4) on the sprawling mill and plantation for jobs, as well as electricity and water. And foreign investors have been broadly rethinking the country’s (5), creating economic uncertainty. With the United States Federal Reserve now raising interest rates for the first time in nearly a decade, the company, which is private, is preparing for a further shakeout by (6) its debt load low and shifting its product mix. It is (7) moving forward with new investments, like a $300 million expansion aimed at cutting the group’s reliance on lower-value acacia pulp exports. “We wanted to be positioned nicely for this downturn,” said Anderson Tanoto, the son of the company’s founder and chairman, Sukanto Tanoto. “It was just a matter of time. We all knew rates couldn’t stay low.” For years, emerging economies rode high on a flood of easy money, as the Fed cut (8) rates to record lows. In Indonesia, miners, shippers, plantation operators and other businesses (9) up on cheap debt to finance investments and expansion. Indonesia overtook Malaysia as the world’s biggest producer of palm oil and (10) as a major regional supplier of other important raw materials.
In this company town where acacia and palm oil trees (1) for miles, the Indonesian conglomerate Royal Golden Eagle is (2) for impact. Already, prices of palm oil, one of its main products, have fallen. And the value of the Indonesian rupiah has plummeted, (3) the buying power of the 100,000 people in this dusty town, many of whom (4) on the sprawling mill and plantation for jobs, as well as electricity and water. And foreign investors have been broadly rethinking the country’s (5), creating economic uncertainty. With the United States Federal Reserve now raising interest rates for the first time in nearly a decade, the company, which is private, is preparing for a further shakeout by (6) its debt load low and shifting its product mix. It is (7) moving forward with new investments, like a $300 million expansion aimed at cutting the group’s reliance on lower-value acacia pulp exports. “We wanted to be positioned nicely for this downturn,” said Anderson Tanoto, the son of the company’s founder and chairman, Sukanto Tanoto. “It was just a matter of time. We all knew rates couldn’t stay low.” For years, emerging economies rode high on a flood of easy money, as the Fed cut (8) rates to record lows. In Indonesia, miners, shippers, plantation operators and other businesses (9) up on cheap debt to finance investments and expansion. Indonesia overtook Malaysia as the world’s biggest producer of palm oil and (10) as a major regional supplier of other important raw materials.
Choose the correct answer from the given options to fill the blanks which are numbered.
Question 3
Direction: In the following passage, there are blanks each of which has been numbered. These numbers correspond to the question numbers; against each question, five words have been suggested, one of which fills the blanks appropriately.
In this company town where acacia and palm oil trees (1) for miles, the Indonesian conglomerate Royal Golden Eagle is (2) for impact. Already, prices of palm oil, one of its main products, have fallen. And the value of the Indonesian rupiah has plummeted, (3) the buying power of the 100,000 people in this dusty town, many of whom (4) on the sprawling mill and plantation for jobs, as well as electricity and water. And foreign investors have been broadly rethinking the country’s (5), creating economic uncertainty. With the United States Federal Reserve now raising interest rates for the first time in nearly a decade, the company, which is private, is preparing for a further shakeout by (6) its debt load low and shifting its product mix. It is (7) moving forward with new investments, like a $300 million expansion aimed at cutting the group’s reliance on lower-value acacia pulp exports. “We wanted to be positioned nicely for this downturn,” said Anderson Tanoto, the son of the company’s founder and chairman, Sukanto Tanoto. “It was just a matter of time. We all knew rates couldn’t stay low.” For years, emerging economies rode high on a flood of easy money, as the Fed cut (8) rates to record lows. In Indonesia, miners, shippers, plantation operators and other businesses (9) up on cheap debt to finance investments and expansion. Indonesia overtook Malaysia as the world’s biggest producer of palm oil and (10) as a major regional supplier of other important raw materials.
In this company town where acacia and palm oil trees (1) for miles, the Indonesian conglomerate Royal Golden Eagle is (2) for impact. Already, prices of palm oil, one of its main products, have fallen. And the value of the Indonesian rupiah has plummeted, (3) the buying power of the 100,000 people in this dusty town, many of whom (4) on the sprawling mill and plantation for jobs, as well as electricity and water. And foreign investors have been broadly rethinking the country’s (5), creating economic uncertainty. With the United States Federal Reserve now raising interest rates for the first time in nearly a decade, the company, which is private, is preparing for a further shakeout by (6) its debt load low and shifting its product mix. It is (7) moving forward with new investments, like a $300 million expansion aimed at cutting the group’s reliance on lower-value acacia pulp exports. “We wanted to be positioned nicely for this downturn,” said Anderson Tanoto, the son of the company’s founder and chairman, Sukanto Tanoto. “It was just a matter of time. We all knew rates couldn’t stay low.” For years, emerging economies rode high on a flood of easy money, as the Fed cut (8) rates to record lows. In Indonesia, miners, shippers, plantation operators and other businesses (9) up on cheap debt to finance investments and expansion. Indonesia overtook Malaysia as the world’s biggest producer of palm oil and (10) as a major regional supplier of other important raw materials.
Choose the correct answer from the given options to fill the blanks which are numbered.
Question 4
Direction: In the following passage, there are blanks each of which has been numbered. These numbers correspond to the question numbers; against each question, five words have been suggested, one of which fills the blanks appropriately.
In this company town where acacia and palm oil trees (1) for miles, the Indonesian conglomerate Royal Golden Eagle is (2) for impact. Already, prices of palm oil, one of its main products, have fallen. And the value of the Indonesian rupiah has plummeted, (3) the buying power of the 100,000 people in this dusty town, many of whom (4) on the sprawling mill and plantation for jobs, as well as electricity and water. And foreign investors have been broadly rethinking the country’s (5), creating economic uncertainty. With the United States Federal Reserve now raising interest rates for the first time in nearly a decade, the company, which is private, is preparing for a further shakeout by (6) its debt load low and shifting its product mix. It is (7) moving forward with new investments, like a $300 million expansion aimed at cutting the group’s reliance on lower-value acacia pulp exports. “We wanted to be positioned nicely for this downturn,” said Anderson Tanoto, the son of the company’s founder and chairman, Sukanto Tanoto. “It was just a matter of time. We all knew rates couldn’t stay low.” For years, emerging economies rode high on a flood of easy money, as the Fed cut (8) rates to record lows. In Indonesia, miners, shippers, plantation operators and other businesses (9) up on cheap debt to finance investments and expansion. Indonesia overtook Malaysia as the world’s biggest producer of palm oil and (10) as a major regional supplier of other important raw materials.
In this company town where acacia and palm oil trees (1) for miles, the Indonesian conglomerate Royal Golden Eagle is (2) for impact. Already, prices of palm oil, one of its main products, have fallen. And the value of the Indonesian rupiah has plummeted, (3) the buying power of the 100,000 people in this dusty town, many of whom (4) on the sprawling mill and plantation for jobs, as well as electricity and water. And foreign investors have been broadly rethinking the country’s (5), creating economic uncertainty. With the United States Federal Reserve now raising interest rates for the first time in nearly a decade, the company, which is private, is preparing for a further shakeout by (6) its debt load low and shifting its product mix. It is (7) moving forward with new investments, like a $300 million expansion aimed at cutting the group’s reliance on lower-value acacia pulp exports. “We wanted to be positioned nicely for this downturn,” said Anderson Tanoto, the son of the company’s founder and chairman, Sukanto Tanoto. “It was just a matter of time. We all knew rates couldn’t stay low.” For years, emerging economies rode high on a flood of easy money, as the Fed cut (8) rates to record lows. In Indonesia, miners, shippers, plantation operators and other businesses (9) up on cheap debt to finance investments and expansion. Indonesia overtook Malaysia as the world’s biggest producer of palm oil and (10) as a major regional supplier of other important raw materials.
Choose the correct answer from the given options to fill the blanks which are numbered.
Question 5
Direction: In the following passage, there are blanks each of which has been numbered. These numbers correspond to the question numbers; against each question, five words have been suggested, one of which fills the blanks appropriately.
In this company town where acacia and palm oil trees (1) for miles, the Indonesian conglomerate Royal Golden Eagle is (2) for impact. Already, prices of palm oil, one of its main products, have fallen. And the value of the Indonesian rupiah has plummeted, (3) the buying power of the 100,000 people in this dusty town, many of whom (4) on the sprawling mill and plantation for jobs, as well as electricity and water. And foreign investors have been broadly rethinking the country’s (5), creating economic uncertainty. With the United States Federal Reserve now raising interest rates for the first time in nearly a decade, the company, which is private, is preparing for a further shakeout by (6) its debt load low and shifting its product mix. It is (7) moving forward with new investments, like a $300 million expansion aimed at cutting the group’s reliance on lower-value acacia pulp exports. “We wanted to be positioned nicely for this downturn,” said Anderson Tanoto, the son of the company’s founder and chairman, Sukanto Tanoto. “It was just a matter of time. We all knew rates couldn’t stay low.” For years, emerging economies rode high on a flood of easy money, as the Fed cut (8) rates to record lows. In Indonesia, miners, shippers, plantation operators and other businesses (9) up on cheap debt to finance investments and expansion. Indonesia overtook Malaysia as the world’s biggest producer of palm oil and (10) as a major regional supplier of other important raw materials.
In this company town where acacia and palm oil trees (1) for miles, the Indonesian conglomerate Royal Golden Eagle is (2) for impact. Already, prices of palm oil, one of its main products, have fallen. And the value of the Indonesian rupiah has plummeted, (3) the buying power of the 100,000 people in this dusty town, many of whom (4) on the sprawling mill and plantation for jobs, as well as electricity and water. And foreign investors have been broadly rethinking the country’s (5), creating economic uncertainty. With the United States Federal Reserve now raising interest rates for the first time in nearly a decade, the company, which is private, is preparing for a further shakeout by (6) its debt load low and shifting its product mix. It is (7) moving forward with new investments, like a $300 million expansion aimed at cutting the group’s reliance on lower-value acacia pulp exports. “We wanted to be positioned nicely for this downturn,” said Anderson Tanoto, the son of the company’s founder and chairman, Sukanto Tanoto. “It was just a matter of time. We all knew rates couldn’t stay low.” For years, emerging economies rode high on a flood of easy money, as the Fed cut (8) rates to record lows. In Indonesia, miners, shippers, plantation operators and other businesses (9) up on cheap debt to finance investments and expansion. Indonesia overtook Malaysia as the world’s biggest producer of palm oil and (10) as a major regional supplier of other important raw materials.
Choose the correct answer from the given options to fill the blanks which are numbered.
Question 6
Direction: In the following passage, there are blanks each of which has been numbered. These numbers correspond to the question numbers; against each question, five words have been suggested, one of which fills the blanks appropriately.
In this company town where acacia and palm oil trees (1) for miles, the Indonesian conglomerate Royal Golden Eagle is (2) for impact. Already, prices of palm oil, one of its main products, have fallen. And the value of the Indonesian rupiah has plummeted, (3) the buying power of the 100,000 people in this dusty town, many of whom (4) on the sprawling mill and plantation for jobs, as well as electricity and water. And foreign investors have been broadly rethinking the country’s (5), creating economic uncertainty. With the United States Federal Reserve now raising interest rates for the first time in nearly a decade, the company, which is private, is preparing for a further shakeout by (6) its debt load low and shifting its product mix. It is (7) moving forward with new investments, like a $300 million expansion aimed at cutting the group’s reliance on lower-value acacia pulp exports. “We wanted to be positioned nicely for this downturn,” said Anderson Tanoto, the son of the company’s founder and chairman, Sukanto Tanoto. “It was just a matter of time. We all knew rates couldn’t stay low.” For years, emerging economies rode high on a flood of easy money, as the Fed cut (8) rates to record lows. In Indonesia, miners, shippers, plantation operators and other businesses (9) up on cheap debt to finance investments and expansion. Indonesia overtook Malaysia as the world’s biggest producer of palm oil and (10) as a major regional supplier of other important raw materials.
In this company town where acacia and palm oil trees (1) for miles, the Indonesian conglomerate Royal Golden Eagle is (2) for impact. Already, prices of palm oil, one of its main products, have fallen. And the value of the Indonesian rupiah has plummeted, (3) the buying power of the 100,000 people in this dusty town, many of whom (4) on the sprawling mill and plantation for jobs, as well as electricity and water. And foreign investors have been broadly rethinking the country’s (5), creating economic uncertainty. With the United States Federal Reserve now raising interest rates for the first time in nearly a decade, the company, which is private, is preparing for a further shakeout by (6) its debt load low and shifting its product mix. It is (7) moving forward with new investments, like a $300 million expansion aimed at cutting the group’s reliance on lower-value acacia pulp exports. “We wanted to be positioned nicely for this downturn,” said Anderson Tanoto, the son of the company’s founder and chairman, Sukanto Tanoto. “It was just a matter of time. We all knew rates couldn’t stay low.” For years, emerging economies rode high on a flood of easy money, as the Fed cut (8) rates to record lows. In Indonesia, miners, shippers, plantation operators and other businesses (9) up on cheap debt to finance investments and expansion. Indonesia overtook Malaysia as the world’s biggest producer of palm oil and (10) as a major regional supplier of other important raw materials.
Choose the correct answer from the given options to fill the blanks which are numbered.
Question 7
Direction: In the following passage, there are blanks each of which has been numbered. These numbers correspond to the question numbers; against each question, five words have been suggested, one of which fills the blanks appropriately.
In this company town where acacia and palm oil trees (1) for miles, the Indonesian conglomerate Royal Golden Eagle is (2) for impact. Already, prices of palm oil, one of its main products, have fallen. And the value of the Indonesian rupiah has plummeted, (3) the buying power of the 100,000 people in this dusty town, many of whom (4) on the sprawling mill and plantation for jobs, as well as electricity and water. And foreign investors have been broadly rethinking the country’s (5), creating economic uncertainty. With the United States Federal Reserve now raising interest rates for the first time in nearly a decade, the company, which is private, is preparing for a further shakeout by (6) its debt load low and shifting its product mix. It is (7) moving forward with new investments, like a $300 million expansion aimed at cutting the group’s reliance on lower-value acacia pulp exports. “We wanted to be positioned nicely for this downturn,” said Anderson Tanoto, the son of the company’s founder and chairman, Sukanto Tanoto. “It was just a matter of time. We all knew rates couldn’t stay low.” For years, emerging economies rode high on a flood of easy money, as the Fed cut (8) rates to record lows. In Indonesia, miners, shippers, plantation operators and other businesses (9) up on cheap debt to finance investments and expansion. Indonesia overtook Malaysia as the world’s biggest producer of palm oil and (10) as a major regional supplier of other important raw materials.
In this company town where acacia and palm oil trees (1) for miles, the Indonesian conglomerate Royal Golden Eagle is (2) for impact. Already, prices of palm oil, one of its main products, have fallen. And the value of the Indonesian rupiah has plummeted, (3) the buying power of the 100,000 people in this dusty town, many of whom (4) on the sprawling mill and plantation for jobs, as well as electricity and water. And foreign investors have been broadly rethinking the country’s (5), creating economic uncertainty. With the United States Federal Reserve now raising interest rates for the first time in nearly a decade, the company, which is private, is preparing for a further shakeout by (6) its debt load low and shifting its product mix. It is (7) moving forward with new investments, like a $300 million expansion aimed at cutting the group’s reliance on lower-value acacia pulp exports. “We wanted to be positioned nicely for this downturn,” said Anderson Tanoto, the son of the company’s founder and chairman, Sukanto Tanoto. “It was just a matter of time. We all knew rates couldn’t stay low.” For years, emerging economies rode high on a flood of easy money, as the Fed cut (8) rates to record lows. In Indonesia, miners, shippers, plantation operators and other businesses (9) up on cheap debt to finance investments and expansion. Indonesia overtook Malaysia as the world’s biggest producer of palm oil and (10) as a major regional supplier of other important raw materials.
Choose the correct answer from the given options to fill the blanks which are numbered.
Question 8
Direction: In the following passage, there are blanks each of which has been numbered. These numbers correspond to the question numbers; against each question, five words have been suggested, one of which fills the blanks appropriately.
In this company town where acacia and palm oil trees (1) for miles, the Indonesian conglomerate Royal Golden Eagle is (2) for impact. Already, prices of palm oil, one of its main products, have fallen. And the value of the Indonesian rupiah has plummeted, (3) the buying power of the 100,000 people in this dusty town, many of whom (4) on the sprawling mill and plantation for jobs, as well as electricity and water. And foreign investors have been broadly rethinking the country’s (5), creating economic uncertainty. With the United States Federal Reserve now raising interest rates for the first time in nearly a decade, the company, which is private, is preparing for a further shakeout by (6) its debt load low and shifting its product mix. It is (7) moving forward with new investments, like a $300 million expansion aimed at cutting the group’s reliance on lower-value acacia pulp exports. “We wanted to be positioned nicely for this downturn,” said Anderson Tanoto, the son of the company’s founder and chairman, Sukanto Tanoto. “It was just a matter of time. We all knew rates couldn’t stay low.” For years, emerging economies rode high on a flood of easy money, as the Fed cut (8) rates to record lows. In Indonesia, miners, shippers, plantation operators and other businesses (9) up on cheap debt to finance investments and expansion. Indonesia overtook Malaysia as the world’s biggest producer of palm oil and (10) as a major regional supplier of other important raw materials.
In this company town where acacia and palm oil trees (1) for miles, the Indonesian conglomerate Royal Golden Eagle is (2) for impact. Already, prices of palm oil, one of its main products, have fallen. And the value of the Indonesian rupiah has plummeted, (3) the buying power of the 100,000 people in this dusty town, many of whom (4) on the sprawling mill and plantation for jobs, as well as electricity and water. And foreign investors have been broadly rethinking the country’s (5), creating economic uncertainty. With the United States Federal Reserve now raising interest rates for the first time in nearly a decade, the company, which is private, is preparing for a further shakeout by (6) its debt load low and shifting its product mix. It is (7) moving forward with new investments, like a $300 million expansion aimed at cutting the group’s reliance on lower-value acacia pulp exports. “We wanted to be positioned nicely for this downturn,” said Anderson Tanoto, the son of the company’s founder and chairman, Sukanto Tanoto. “It was just a matter of time. We all knew rates couldn’t stay low.” For years, emerging economies rode high on a flood of easy money, as the Fed cut (8) rates to record lows. In Indonesia, miners, shippers, plantation operators and other businesses (9) up on cheap debt to finance investments and expansion. Indonesia overtook Malaysia as the world’s biggest producer of palm oil and (10) as a major regional supplier of other important raw materials.
Choose the correct answer from the given options to fill the blanks which are numbered.
Question 9
Direction: In the following passage, there are blanks each of which has been numbered. These numbers correspond to the question numbers; against each question, five words have been suggested, one of which fills the blanks appropriately.
In this company town where acacia and palm oil trees (1) for miles, the Indonesian conglomerate Royal Golden Eagle is (2) for impact. Already, prices of palm oil, one of its main products, have fallen. And the value of the Indonesian rupiah has plummeted, (3) the buying power of the 100,000 people in this dusty town, many of whom (4) on the sprawling mill and plantation for jobs, as well as electricity and water. And foreign investors have been broadly rethinking the country’s (5), creating economic uncertainty. With the United States Federal Reserve now raising interest rates for the first time in nearly a decade, the company, which is private, is preparing for a further shakeout by (6) its debt load low and shifting its product mix. It is (7) moving forward with new investments, like a $300 million expansion aimed at cutting the group’s reliance on lower-value acacia pulp exports. “We wanted to be positioned nicely for this downturn,” said Anderson Tanoto, the son of the company’s founder and chairman, Sukanto Tanoto. “It was just a matter of time. We all knew rates couldn’t stay low.” For years, emerging economies rode high on a flood of easy money, as the Fed cut (8) rates to record lows. In Indonesia, miners, shippers, plantation operators and other businesses (9) up on cheap debt to finance investments and expansion. Indonesia overtook Malaysia as the world’s biggest producer of palm oil and (10) as a major regional supplier of other important raw materials.
In this company town where acacia and palm oil trees (1) for miles, the Indonesian conglomerate Royal Golden Eagle is (2) for impact. Already, prices of palm oil, one of its main products, have fallen. And the value of the Indonesian rupiah has plummeted, (3) the buying power of the 100,000 people in this dusty town, many of whom (4) on the sprawling mill and plantation for jobs, as well as electricity and water. And foreign investors have been broadly rethinking the country’s (5), creating economic uncertainty. With the United States Federal Reserve now raising interest rates for the first time in nearly a decade, the company, which is private, is preparing for a further shakeout by (6) its debt load low and shifting its product mix. It is (7) moving forward with new investments, like a $300 million expansion aimed at cutting the group’s reliance on lower-value acacia pulp exports. “We wanted to be positioned nicely for this downturn,” said Anderson Tanoto, the son of the company’s founder and chairman, Sukanto Tanoto. “It was just a matter of time. We all knew rates couldn’t stay low.” For years, emerging economies rode high on a flood of easy money, as the Fed cut (8) rates to record lows. In Indonesia, miners, shippers, plantation operators and other businesses (9) up on cheap debt to finance investments and expansion. Indonesia overtook Malaysia as the world’s biggest producer of palm oil and (10) as a major regional supplier of other important raw materials.
Choose the correct answer from the given options to fill the blanks which are numbered.
Question 10
Direction: In the following passage, there are blanks each of which has been numbered. These numbers correspond to the question numbers; against each question, five words have been suggested, one of which fills the blanks appropriately.
In this company town where acacia and palm oil trees (1) for miles, the Indonesian conglomerate Royal Golden Eagle is (2) for impact. Already, prices of palm oil, one of its main products, have fallen. And the value of the Indonesian rupiah has plummeted, (3) the buying power of the 100,000 people in this dusty town, many of whom (4) on the sprawling mill and plantation for jobs, as well as electricity and water. And foreign investors have been broadly rethinking the country’s (5), creating economic uncertainty. With the United States Federal Reserve now raising interest rates for the first time in nearly a decade, the company, which is private, is preparing for a further shakeout by (6) its debt load low and shifting its product mix. It is (7) moving forward with new investments, like a $300 million expansion aimed at cutting the group’s reliance on lower-value acacia pulp exports. “We wanted to be positioned nicely for this downturn,” said Anderson Tanoto, the son of the company’s founder and chairman, Sukanto Tanoto. “It was just a matter of time. We all knew rates couldn’t stay low.” For years, emerging economies rode high on a flood of easy money, as the Fed cut (8) rates to record lows. In Indonesia, miners, shippers, plantation operators and other businesses (9) up on cheap debt to finance investments and expansion. Indonesia overtook Malaysia as the world’s biggest producer of palm oil and (10) as a major regional supplier of other important raw materials.
In this company town where acacia and palm oil trees (1) for miles, the Indonesian conglomerate Royal Golden Eagle is (2) for impact. Already, prices of palm oil, one of its main products, have fallen. And the value of the Indonesian rupiah has plummeted, (3) the buying power of the 100,000 people in this dusty town, many of whom (4) on the sprawling mill and plantation for jobs, as well as electricity and water. And foreign investors have been broadly rethinking the country’s (5), creating economic uncertainty. With the United States Federal Reserve now raising interest rates for the first time in nearly a decade, the company, which is private, is preparing for a further shakeout by (6) its debt load low and shifting its product mix. It is (7) moving forward with new investments, like a $300 million expansion aimed at cutting the group’s reliance on lower-value acacia pulp exports. “We wanted to be positioned nicely for this downturn,” said Anderson Tanoto, the son of the company’s founder and chairman, Sukanto Tanoto. “It was just a matter of time. We all knew rates couldn’t stay low.” For years, emerging economies rode high on a flood of easy money, as the Fed cut (8) rates to record lows. In Indonesia, miners, shippers, plantation operators and other businesses (9) up on cheap debt to finance investments and expansion. Indonesia overtook Malaysia as the world’s biggest producer of palm oil and (10) as a major regional supplier of other important raw materials.
Choose the correct answer from the given options to fill the blanks which are numbered.
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May 24PO, Clerk, SO, Insurance
