For the following 15 questions
Read the following passage carefully and answer the questions given below it. Certain words have been printed in bold to help you locate them while
answering some of the questions. Over the past few decades, many Asian nations transformed from poverty into global competitors. From 2003 to 2007, Asian economies expanded at an average annual rate of 8•1%, triple that of advanced economies. Over the same period, inflation in Asia averaged only about 3•5%. But Asia could be facing turbulent economic times. In May, the average inflation rate throughout the region reached nearly 7%, led by spikes in oil and food prices. In India, inflation jumped to an 11•6% annual rate in June, according to the latest government figures, the highest in 13 years. Policymakers and central bankers are forced to raise interest rates and limit credit to get inflation under control. But these same measures suppress the investment and consumption that generates growth. The combination of slowing growth and soaring inflation makes economic policy-making tricky. Inflation stirs up the middle classes
because it can quickly erase years of hardwon personal gains. Inflation is cruel to the poor, because families have to spend a larger share of their meagre incomes on
necessities. In the Philippines, farmers, unable to afford fuel for tractors, use water buffaloes to plough their fields. But to avoid unrest, leaders cannot blindly adopt rigid anti-inflation measures. Voters won’t hesitate to remove from office any politician who doesn’t deliver the goods. So they cannot overreact to the inflation threat and scale down economic growth in the process. Developing nations need to grow quickly to create jobs and increase incomes for their large populations. With prices soaring, doing nothing is not an option. Most central banks in Asia have started raising interest rates. The Reserve Bank of India increased its benchmark rate twice last month to a six year high of 8•5%.
The challenge is especially difficult because currently, inflation is not of domestic origin. Prices are being driven higher by a global surge in oil and food prices, which individual governments can do little to control. Of course, inflation is not just a problem in Asia. World Bank President Robert Zoellick called rising food and oil prices a man-made ‘catastrophe’ that could quickly reverse the gains made in overcoming poverty over the past seven years. For now, though, there is more talk than action on the international front, so Asian governments are on their own. Even though inflation throughout the region is likely to continue to rise in coming months, no one is expecting an economic calamity. According to the Asian Development Bank Asian countries have large hard currency reserves and relatively healthy banks, and
so are far better prepared to absorb external shocks than they were during the region’s last recession ten years ago. Asian policymakers have learned their lessons and are more alert.
For the following 5 questions
Which of the phrases (A), (B), (C) and (D) given below should replace the phrase given in bold in the following sentences to make the sentence grammatically meaningful and correct. If the sentence is correct as it is and ‘No correction is required’, mark (E) as the answer.
For the following 5 questions
In each of the following sentences there are two blank spaces. Below each five pairs of words have been denoted by letters (A), (B), (C), (D) and (E).
Find out which pair of words can be filled up in the blanks in the sentence in the same sequence to make the sentence meaningfully complete.
For the following 5 question
Rearrange the following six sentences (1), (2), (3), (4), (5) and (6) in the proper sequence to form a meaningful paragraph; then answer the questions
given below them—
1. It was a cycling race launched in 1903, by Henri Desgrange, a magazine editor in
Paris.
2. The Tour de France is a test of human endurance.
3. His idea worked and the magazine boomed.
4. His aim was to boost the circulation of his magazine.
5. He wanted to achieve this by covering every stage of the three week long, 3,500
kilometre long cycling race.
6. Till today the race remains more popular than he could ever have dreamed.
For the following 10 questions
Read each sentence to find out whether there is any grammatical error or idiomatic error in it. The error, if any, will be in one part of the sentence. The
letters of that part is the answer. If there is no error, the answer is (E). (Ignore errors of punctuation, if any.)
For the following 10 questions
In the following passage there are blanks, each of which has been numbered. These numbers are printed below the passage and against each, five
words are suggested, one of which fits the blank appropriately. Find out the appropriate word in each case.
In July 2008, one of the most inspiring leaders of our times, will …(41)… his ninetieth birthday. Nelson Mandela retired from politics in 1999, but he has remained …(42)…, continuing his work through the Nelson Mandela Foundation. The foundation has launched an Aids awareness campaign, 46664, named …(43)… Mandela’s prison
number. He has also set up a scholarship programme whose …(44)… was to promote leadership among young Africans. During the 1990s, …(45)… I worked with Mr. Mandela on his autobiography “Long Walk to Freedom”, I …(46)… his leadership first hand. During his election campaign we were on board a plane discussing his book. Twenty minutes …(47)… to landing the engine failed. Many began to panic. The only thing that …(48)… them was looking at
Mandela, who was reading his paper as if he was a passenger on a morning train to work. The plane landed safely and when we got into the car taking us to the hotel he …(49)… to me, “I was terrified on the plane !” As a leader he realized he was a model for others and this gave him the strength to …(50)… over his own fear.
