Directions (1 – 5) : Rearrange the given six sentences (A), (B), (C), (D), (E) and (F) in a proper sequence so as to form a meaningful paragraph and then answer the given questions.
(A)The fact is that, whatever failings the BBC evinced in its handling of this story, nobody believes that the corporation had an agenda that was mischievous in intent.
(B) Interestingly, most of the British public would still trust the BBC more than they would the government.
(C) In particular, its leaders were quick to defend a flawed story. In that case, it was inevitable that they would have to carry the can.
(D)And, whether one likes the Hutton report or not, it is evidently the case that the BBC made mistakes.
(E) Given the intense interest in the event and the belief in some quarters that an unfavourable verdict by Hutton could have brought the prime Minister down there’s not much doubt of the stakes .
(F) Recently the BBC had carried inaccurate stories about the UK government ‘hyping up’ a dossier used as a basis for going to war against Iraq.
1. Which of the following should be the FIRST sentence after the rearrangement ?
(1) A
(2) B
(3) D
(4) E
(5) F
2. Which of the following should be the FIRST sentence after the rearrangement ?
(1) A
(2) B
(3) D
(4) E
(5) F
3. Which of the following should be the FOURTH sentence after the rearrangement?
(1) B
(2) C
(3) D
(4) A
(5) E
4. Which of the following should be the THIRD sentence after the rearrangement ?
(1) A
(2) B
(3) C
(4) D
(5) E
5. Which of the following should be the FIFTH sentence after the rearrangement ?
(1) A
(2) B
(3) C
(4) D
(5) E
Directions (6 – 10) : Read the following passage carefully and answer the questions. Certain words/phrases are given in bold to help you locate them while answering some of the questions.
Developing countries have achieved unprecedented economic progress since the millennium. Driven by a buoyant global economy, the number of people living in extreme poverty fell by 700 million between 1990 and 2010. Although more than a billion people continue to live in extreme poverty, this exceptional progress suggests that ending such deprivation is within our grasp. But risks to the global economy are threatening that vision. The recovery from the financial crisis of 2007 is anaemic, brittle and fraught with uncertainty.
‘Termed by the. IMF the ‘new mediocre’, the economic outlook is – at best – for continued stagnation in advanced economies. In China, a key export market for poor countries in the last decade, the economy is rapidly slowing. High levels of unemployment, and underemployment, growth in inequality to level unprecedented since the 19th century, and the impact of environmental degradation and climate change are threatening political and ,social stability.
For developing countries, becoming increasingly integrated into the global economy has been key to progress in alleviating poverty over the past 15 years. Integration offered access to buoyant international trade and positive financial flows. But for today’s poor countries, the ‘new mediocre’ is blocking their ability to replicate this integrationist path.
Given this, what strategies Can poor countries now use to continue reducing poverty?
Firstly, export growth remains vital. No country – ever, in four centuries of economic history – has seen significant economic development without export growth. Equally important is productivity growth, the basic driver of rising incomes. This growth needs to be achieved in agriculture but also in the manufacturing and service sectors. But innovation is needed if export and productivity growth are to be achieved in the new economic environment. What are the innovative strategies that might be successful?
Certainly they should include a focus on growth in regional trade. Currently this is low, particularly for the world’s poorest regions of sub-Saharan Africa and South Asia. Increasing regional trade could generate significant growth – without the product development and transport infrastructure costs that more remote markets present. The rise of new middle-income countries – especially China – may also offer opportunities. Sub-Saharan Africa and South Asia could develop more lowskill manufacturing as wage inflation in middle-income countries elsewhere makes them relatively attractive locations for global companies and supply chains’ The new middle classes ‘are also driving increasing demand for new consumer Products and services, and these offer alternative export markets to advanced economies.
At the national and global level, policies need to reflect the new realities, guarding against the risks that are building and supporting long-term stable, sustainable economic growth. Developing countries need to avoid boom-bust cycles and build strong institutions that serve their people. Equally,’ advanced economies should take responsibility for reforming financial and political institutions so that they are accountable and serve the needs of all of the global community, not just their elites. All countries need to recognise the role that fiscal Policy can and should play in managing stable, long-term growth and employment.
6. Which of the following statement(s) is/are correct in the context of the given passage ?
I. The number of People living in severe Poverty fell by 700 million between 1990 and 2010′
II. China was a key export market for Poor countries in the last decade.
III. More than a billion People are stilt in extreme Poverty all over
(1) Only I
(2) Only II
(3) Only II and III
(4) Only I and III
(5) All three I, II and III
7. Which of the following factors as mentioned in the Passage are supposed to be threatening political and social stability ?
(1) High levels of unemployment and underemployment
(2) Impact of environmental degradation and climate change
(3) Growth in inequality
(4) All of the above
(5) None of these
8. As suggested by the writer, what strategies should be adopted by the Poor countries in their fight against Poverty ?
(1) Poor countries should focus on export growth
(2) Poor countries should focus on Productivity growth
(3) Poor countries should focus on growth in regional trade.
(4) All of the above
(5) Only (1) and (3)
9. At the national and global level policies need to reflect the new realities. Which of the following statement(s) is/are true in this context in the given passage ?
I. All countries need to recognize the role that fiscal Policy should Play in managing stable, long-term growth and employment.
II. Advanced economies should take responsibility for reforming financial and Political institutions.
III. Developing countries need to avoid boom bust cycles and build strong institutions that serve their People.
(1) Only I
(2) Only II
(3) Only I and II
(a) Only II and III
(5) All three I, II and III
10. Select the incorrect statement in the context of the given Passage ?
(1) Integration with the global economy has been key to Progress in alleviating Poverty over the Past 15 Years for developing countries.
(2) Productivity growth is the basic driver of rising incomes.
(3) For export and Productivity growth, innovation is needed.
(4) The new middle classes are not driving increasing demand for new consumer products and services.
(5) None of these
11. What should be the most appropriate title of the give passage ?
(1) Dwindling global economy
(2) Challenges before China
(3) Developing economies : challenges and remedies
(4) Alarming state of foreign trade
(5) None of these
Directions (12-13) : Choose the word/group of words which is most similar in meaning to the word/ group of words Printed in bold as used in the Passage.
12. Key
(1) important
(2) tool for lock
(3) answer
(4) fatal
(5) insignificant
13. Guarding
(1) preventive
(2) watching
(3) protecting
(4) Grudging
(5) grueling
Directions (14-15) : Choose the word/group of words which is most opposite in meaning to the word/ group of words printed in bold as used in the Passage.
14. Vital
(1) significant
(2) vicious
(3) important
(4) critical
(5) superfluous
15. Alleviating
(1) easing
(2) mitigating
(3) ameliorating
(4) aggravating
(5) aggregating
