India has suffered from persistent high inflation. Increase III administered prices, demand and supply imbalances, imported inflation aggravated by rupee depreciation, and speculation - have combined to keep high inflation going. If there is an element common to all of them, it is that many of them are the outcomes of economic reforms. India's vulnerability to the effects of changes in international prices has increased with trade liberalisation. The effort to reduce subsidies has resulted in a continuous increase in the prices of commodities that are administered.

What is the most logical, rational and crucial message that is implied in the above passage?

Which one of the following is essentially discussed in the passage?

 With regards to developing countries, it can be inferred from the passage that climate change is likely to have implications on their

1. domestic finances. 
2. capacity for multilateral trade.

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 In this passage, the Convention puts the responsibility for the provision of financial support on the developed countries because of

1. their higher level of per capita incomes. 
2. their large quantum of GDP. 
3. their large contribution to the stock of GRGs in the atmosphere.

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Climate change is a complex policy issue with major implications in terms of finance. All actions to address climate change ultimately involve costs. Funding is vital for countries like India to design and implement adaptation and mitigation plans and projects. Lack of funding is a large impediment to implementing adaptation plans. The scale and magnitude of the financial support required by developing countries to enhance their domestic mitigation and adaptation actions are a matter of intense debate in the multilateral negotiations under the United Nations Framework Convention on Climate Change (UNFCCC)' The Convention squarely puts the responsibility for provision of financial support on the developed countries, taking into account their contribution to the stock of greenhouse gases (GHGs) in the atmosphere. Given the magnitude of the task and the funds required, domestic finances are likely to fall short of the current and projected needs of the developing countries. Global funding through the multilateral mechanism of the Convention will enhance their domestic capacity to finance the mitigation efforts.

According to the passage, which of the following is/are a matter of intense debate in the multilateral negotiations under UNFCCC regarding the role of developing countries in climate change? 

1. The scale and size of required financial support. 
2. The crop loss due to climate change in the developing countries. 
3. To enhance the mitigation and adaptation actions in the developing countries.
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The conflict between man and State is as old as State history. Although attempts have been made for centuries to bring about a proper adjustment between the competing claims of State and the individual, the solution seems to be' still far off. This is primarily because of the dynamic nature of human society where old values and ideas constantly yield place to new ones. It is obvious that if individuals are allowed to have absolute freedom of speech and action, the result would be chaos, ruin and anarchy.

The author's viewpoint can be best summed up in which of the following statements?