Tuesday, October 08, 2013



 ENGLISH LANGUAGE

 

            Read the following passage carefully and answer the questions given below it. Certain wordsare printed in BOLD to help you to locate them while answering some of the questions.
            It is difficult to imagine the extraordinary number of controls on Indian industry before1991
            Entrepreneurs needed permission to invest and could bepenalized for exceeding production
            capacity. Even with the given investment capacity they had, entering certain areas wasprohibited as these were reserved for the public sector. If they had to import anything, theyrequired licenses. To get these licenses was tough, they had to persuade a bureaucrat that the item was required but even so permission was unavailable if somebodywas already producing itin India. The impact of the
            'reforms was not instantaneously and permanentlywonderful. In India'scase it began to show after about a year and-a-half. After 1993, there came three years of rapidindustrial growth of about 8% or so. But, in the second half of the 90s there was a tapering ofindustrial growth and investment. After 1997 and the East Asian crisis there was global slowdownwhich had an impact on the Indian
            industry. But, the last few years there has been a tremendous upturn.With the rise of investment industrial growth has reached double or close.
            However even during the period when industrial growth was not that rapid, there is a lotof
            evidence that positive results of the reforms were seen. There were companies that didn't lookat all internally but instead performed remarkably in the highly competitive global market. Forinstance, the software sector's performance was outstanding in an almost totally global market.Reliance built a world-class refinery. Tatas developed an indigenously designed car. The success of the software sector has created much higher expectations from and much high confidence in what Indian industry can do. On the Government's side it's a vindication that liberalization of both domestic and external policies, including the increased inflow of Foreign DirectInvestment, has created an environment in which industry can do well, has done well and ispreparing to do even better. What they need is not sops, but good quality infrastructure. For the11th Plan an industrial growth rate of around 12%is projected. It will havemethods of developinginfrastructure, which will close the deficit. This can be For more materials visit www.educationobserver.com/forum
            done through increased investment inpublic sector for those infrastructure areas, which cannot attract private investment, and throughefforts to improve private participation in different ways of public- private participation.
            In the early stages of reforms, the liberalization of trade policies and a shift to a market-
            determined exchange rate had the effect of removing constraints on agriculture in terms of
            depressed prices. The removal of protection on industry helped to produce amore level playing field,because the earlier system was extremely unfair to agriculture. The lesson to be learnt from thereforms process is to persevere in reforming the strategic parts of the economy, which will lead toeven higher growth rate.India has to do better than its current average growth rate of 8%and ensurethat benefits from this higher growth go beyond industryand urban areas and extend to
            agriculture.
           
            Q.176. Which of the following was NOT a restriction on Indian industry prior to 1991?
            (A) A private business needed government sanction to invest in any sector
            (B) Industrial growth had to bemaintained at a certain percentage fixed by the government.
            (C) It was difficult to obtain licenses.
            a) All A, B and C
            b) Only B
            c) Only C
            d) Both A and C
            e) None of these
             
            Q.177. How did software companies deal with slow industrial growth in an open Indian economy?
            a) They focused on strengthening their position in the domestic market.
            b) They campaigned for infrastructure development.
            c) They diversified into different sectors.
            d) They entered into partnerships with public sector enterprises in reserved sectors.
            e) They targeted global markets.
           
            Q.178. Which of the following is NOT true in the context of the passage?
            (A) India experienced a slowdown in growth during the late 1990s because initially the economicgrowth rate was too rapid.
            (B) There were a few stringent regulations on Indian industries which kept economic growthbelow 12%
            (C) Companies did not get import licenses for goods if they were being indigenously produced.
            a) Only A
            b) Both B & C
            c) Both A and B
            d) All A,B and C
            e) None of these
           
            Q.179. Why was investment by private businesses disallowed in certain sectors?
            a) To ensure proper development in these sectors
            b) To prevent corruption in key sectors like infrastructure
            c) To ensure steady not inconsistent growth in key sectors
            d) To protect the interests of the public sector in these sectors
            e) None of these
             
            Q.180. What was the impact of the flourishing Indian software sector?
            a) Other companies were unable to be competitive in the global market
            b) It fuelled expectations of a good performance from the Indian economy.
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            c) Growth rate rose to 12%.
            d) It created cut throat competition among software companies which would hinder the sector inthe long run.
            e) None of these
           
            Q.181. Which of the following factors was responsible for the fall In India's growth rate in the late 1990s?
            a) The implementation of economic reforms was too rapid.
            b) It was expected after achieving & high growth rate of 10%.
            c) There was a slowdown in the global economy.
            d) There were sanctions against East Asian countries byWTO.
            e) The software sector grew but the other sectors were neglected.
             
            Q.182. Which of the following can be said about the reforms of 1991?
            a) They benefited Indian industry immediately
            b) All Indian companies began to focus on indigenous development instead of looking
            foropportunities abroad.
            c) They were targeted only at the software sector.
            d) India was among the worst affected countries by the East Asian economic crisis because ithad opened up its economy
            e) They encouraged foreign direct Investment in India.
           
            Q.183. What does the author recommend to ensure that the industrial sector continues to perform better?
            a) Subsidies should be provided in infrastructure development
            b) Government should keep control of and monitor all infrastructure projects.
            c)Wipe out any infrastructure deficit by transferring responsibility of those projects to the privatesector
            d) Ensure a combination of public and private sector involvement in developing infrastructure, e) None of these
             
            Q.184. What is the author's opinion about the government's decision to liberalise the economy in 1991?
            a) It was beneficial because it created confidence in the Indian economy.
            b) The timing was wrong since the economy experienced a slowdown in growth rate,
            c) It led to a focus on software and other sectors were neglected
            d) Foreign companies took advantage of the new policies and exploited certain sectors
            e) None of these
             
            Q.185. How did the economic reforms affect the agriculture sector?
            a) A system of market determined exchange rate was introduced.
            b) Constraints in agriculture increased.
            c) Prices were depressed because there was a removal of protection of the sector.
            d) Agriculture growth rate doubled.
            e) The agriculture sector was not a part of the reforms process.
             
            Choose the word which is most nearly the SAME in meaning as the word given in bold asused in the passage.

 Q.186. extraordinary

 

            a) unusual
            b) wonderful
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            c) rare
            d) beautiful
            e) small
             

 Q.187. rise

 

            a) stand
            b) increase
            c) slope
            d) upward
            e) progress
             

 Q.188. projected

 

            a) discussed
            b) needed
            c) estimated
            d) achieved
            e) thrown
             
            Choose the word which Is most OPPOSITE in meaning of the word given in bald as used inthe passage.

 Q.189. attract

 

            a) ugly
            b) offend
            c) push
            d) sick
            e) repel
             

 Q.190. persevere

 

            a) give up
            b) hide
            c) chase
            d) disturb
            e) slope
             
            Read each sentence to find out whether there is any error in it. The error, if any, will be in onepart of the sentence. The number of that part is the answer. If there is no error, the answer is e).
            (Ignore errors of punctuation, if any).
            Q.191. There is a shortage/ for qualified staff / in many software / companies in India.
            a)There is a shortage
            b)for qualified staff
            c)in many software
            d)companies in India
            e)No error
           
            Q.192. Mr. Bajaj has resigned / from the post of the Director /which he holds / for over ten years.
            a)Mr. Bajaj has resigned
            b)from the post of the Director
            c)which he holds
            d)for over ten years
            e)No error
           
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            Q.193. To improve its efficiency / all income tax officers / will be provided with / laptops by next year.
            a)To improve its efficiency
            b)all income tax officers
            c)will be provided with
            d)laptops by next year
            e)No error
            Q.194. He was not a / good manager because / he did not know / what to react in a crisis.
            a)He was not a
            b)good manager because
            c)he did not know
            d)what to react in a crisis
            e)No error
           
            Q.195. The Reserve Bank of India are / responsible for ensuring / that the banking sector/
            functionseffectively.
            a)The Reserve Bank of India are
            b)responsible for ensuring
            c)that the banking sector
            d)functionseffectively
            e)No error
           
            Q.196. Since most of the / employees were in / favour of the merger / it was a success.
            a)Since most of the
            b)employees were in
            c)favour of the merger
            d)it was a success
            e)No error
           
            Q.197. According to the survey /more of forty percent / of Indians do not/ have access to banks.
            a)According to the survey
            b)more of forty percent
            c)of Indians do not
            d)have access to banks
            e)No error
           
            Q.198. Ram will be suspended / because he opened an account / without obtaining none /of thenecessary documents.
            a)Ram will be suspended
            b)because he opened an account
            c)without obtaining none
            d)of thenecessary documents
            e)No error
           
            Q.199. Mr Patil has approached / the bank for / a loan to finance / his son college education.
            a)Mr Patil has approached
            b)the bank for
            c)a loan to finance
            d)his son college education
            e)No error
           
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            Q.200. Inspite of living / in Kerala for two years / he yet does / not speak Malayalam.
            a)Inspite of living
            b)in Kerala for two years
            c)he yet does
            d)not speak Malayalam
            e)No error
             
            In each question below a sentence with four words printed in bold type is given. Those arenumbered as a)b)c) and d)One of these four words printed in boldmay by either wrongly speltor inappropriate in the context of the sentence Find out the word,which is wrongly spelt or inappropriate, if any. The number of that word is your answer. If all the words printed in bold are correctlyspell and also appropriate in the context of the sentence,mark e) i.e. 'All Correct' as your answer.
             
            Q.201. In his speech Mr. Leeladhar revealed that banks have to comply with Basel norms last byMarch next year.
            a)revealed
            b)comply
            c)norms
            d) last
            e)All correct
           
            Q.202. The government is commited to providingworld class infrastructure to sustain extensive growthof industries.
            a)commited
            b)sustain
            c)extensive
            d) growth
            e)All correct
           
            Q.203. The entire process of assinging projects has undergone a charge.
            a)entire
            b)process
            c)assinging
            d)undergone
            e) All correct
             
            Q.204. The schemewas launched to allowa customer to knowthe states of his loan application.
            a) scheme
            b)launched
            c)allow
            d)states
            e)AllCorrect
             
            Q.205. The objective of the seminar was to raise awareness about the consequences of corruption.
            a)objective
            b)raise
            c)awareness
            d) consequences
            e)All Correct
           
           
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            Which of the phrases a), b), c) and d) given belowshould replace the phrase given in bold inthe following sentences tomake the sentence grammatically correct? If the sentence is correct asit is and there is no correction required mark e) i e. 'No correction required' as the answer.
            Q.206. The appointments to these posts were temporarily so we shall have to apply to other companies.
            a) is temporary
            b) being temporarily
            c) will be temporarily
            d) are temporary
            e) No correction required
             
            Q.207. In our opinion Mr. Dayal's son has carry forward the business well in his absence, a) carried through
            b) been carried out
            c) carried on
            d) seen carrying away
            e) No correction required
             
            Q.208. We have reliably Inform that the new branch will not open till next year.
            a) reliably to inform
            b) reliable information
            c) informed reliability
            d) to be reliably inform
            e) No correction required
             
            Q.209. In anticipation of the transport strike we have decided for delayed our vacation a) to delay
            b) on delay
            c) in delaying
            d) delaying
            e) No correction required
             
            Q.210. You cannot dismiss him unless you had good reason.
            a) until having
            b) without
            c) except you have
            d) if there being
            e) No correction required
             
            Arrange the following sin sentences (A), (B), (C), (D), (E) and (F) in the proper sequence toform a paragraph; then answer [he questions given below them
            (A) He then hid nearby to watch and see who would remove it.
            (B) He saw a purse full of gold lying in the middle of the road. It was the king's reward for theperson who did something about the problem.
            (C) The king was tired of his subjects only complaining but doing nothing to solve their problems.
            (D) A youth on his way to market saw the stone, put down his produce and rolled the stone to theside of the road.
            (E) Many people passed by but dodged their duty of moving the stone instead blaming the kingfor not keeping the highways clear.
            (F) One day he placed a heavy stone in the middle of the road.
            Q.211. Which of the following is the FIRST sentence after rearrangement?
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            a) A
            b) B
            c) C
            d) D
            e) F
             
            Q.212. Which of the following is the SECOND sentence after rearrangement?
            a) B
            b) C
            c) D
            d) E
            e) F
             
            Q.213. Which of the following is the THIRD sentence after rearrangement?
            a) A
            b) B
            c) C
            d) D
            e) E
             
            Q.214. Which of the following is the FIFTH sentence after rearrangement?
            a) B
            b) C
            c) D
            d) E
            e) F
             
            Q.215. Which of the following is the SIXTH (LAST) sentence after rearrangement?
            a) A
            b) B
            c) C
            d) D
            e) E
             
        

Friday, October 04, 2013


Current Affairs August 2013

International Current Affairs

  • World Bank to loan $100 mn for low-cost housing
    Thee World Bank will extend a $100-million loan for sustainable housing in India that can be used to purchase, build or upgrade low-cost dwellings, the finance ministry said Thursday.
    The state-run National Housing Bank will execute this project.

  • Import Duty On Gold, Silver Hiked To 10 Percent
    The Indian government Tuesday hiked customs duties on gold, platinum and silver to 10 percent to curb imports and lower the current account deficit.
    This led to a recovery in the rupee. The partially convertible rupee closed at 61.19 per dollar compared to 61.27 Monday.


  • India's DRDO launches explosive detection kit in US
    It looks like a little pocket sized cigar box, but it packs a mighty punch in the fight against terrorism. And now this nifty explosive detection kit, developed by the India's Defence Research & Development Organization (DRDO), is all set to play its part in the US too.

National

  • India's first 'military' satellite launched successfully
    India's first 'military' satellite (GSAT-7) was successfully put into the geosynchronous transfer orbit early Friday by the European Space Agency's (ESA) heavy rocket, authorities said. It was launched in the early hours from its spaceport at Kourou in French Guiana off the Pacific coast.

  • Defining Moment' As IAF Inducts C-17 Heavy-Lift Transporter
    With Defence Minister A.K. Antony terming it a "defining moment", the Indian Air Force (IAF) Monday formally inducted the Boeing C-17 Globemaster III heavy-lift transport aircraft at a function here. Of the 10 C-17 aircraft ordered, three have been delivered to the IAF while two more will be delivered this year and the remaining five in 2014.

  • Core industries post 3.1 percent growth in July
    Eight key infrastructure sectors that include coal, power, crude oil, gas, cement and steel, posted a sluggish 3.1 percent growth in July, government data showed Monday.The eight core infrastructure industries — that have 37.9 percent weight in the Index of Industrial Production (IIP) — had posted 4.5 percent expansion in the corresponding month of last year, and 0.1 percent growth in June 2013.

Business and Economy Current Affairs

  • Cabinet clears power projects worth over Rs.83,000 crore
    The Cabinet Committee on Investment has cleared a slew of project investments, in which it has given go ahead to 18 power projects worth Rs. 83,772 crore and nine other projects worth Rs.92,500 crore, Finance Minister P. Chidambaram said here Tuesday.

  • Government sets up tax reform commission
    The government Monday set up a commission under the chairmanship of Parthasarathy Shome, advisor to finance minister, to suggest reforms in tax administration aimed at widening the tax base and enhancing compliance.The "Tax Administration Reform Commission" has been asked to submit its report and recommendations within 18 months, the finance ministry said in a statement.
  • FDI inflow to India rises to 16 percent in June
    Foreign Direct Investment (FDI) inflows into India rose by 16 percent year-on-year to $1.44 billion in June, government data showed Wednesday. Despite the year-on-year increase, this is the lowest monthly inflow of FDI in India so far in 2013.

Sports Current Affairs

  • Sports ministry finally confirms Sodhi for Khel Ratna
    Union Sports Minister Jitendra Singh found time from his busy schedule and cleared the national sports awards file Thursday without making any changes in the list finalised by the committee headed by former World billiards champion Michael Ferreira. Double-trap shooter Ronjan Sodhi will be getting the Rajiv Gandhi Khel Ratna, the highest sports awards in the country. World championship bronze medal winning shuttler P.V.Sindhu and cricketer Virat Kohli are among the 15 sportspersons selected for the Arjuna.

  • Mehtra wins snooker gold at World Games
    Asian Snooker champion Aditya Mehta toppled tournament favourite Liang Wenbo of China 3-0 to clinch the men's gold medal at the World Games here on Tuesday. The top-ranked Indian became the first cueist from the country to become World Games champion, saod Salil Deshpande, joint secretary of the Billiards and Snooker Association of Maharashtra.

Science and Technology

  • Eastern India to get its first bio-bank by 2016
    Eastern India's first biobank, aimed at storing cancer tissues for further research and analysis, is slated to come up here by 2016, an official said Saturday. The Tata Translational Cancer Research Centre (TTCRC) will come up on a two-acre plot near the existing Tata Medical Centre-Cancer Hospital in New Town, Rajarhat, on the north-eastern fringes of the Bengal capital.

  • India gets its own national media centre
    A state-of-the art National Media Centre comparable to those in capitals across the world was inaugurated Saturday, with an impressive conference hall, workplace for the media, a library, cafeteria and high-speed internet. The four-storied Rs.60 crore facility, built over three years, is located at the heart of the capital, on Raisina Road – with many important government buildings a stone's throw away and in the vicinity of the Parliament House and Rashtrapati Bhavan.

Environment

  • SC Bans Green Nod For New Hydro-Power Units In Uttarakhand
    Expressing concern over the recent rain havoc in Uttarakhand, the Supreme Court Tuesday told the central and state governments not to grant environmental clearance for any hydro-power project in the hill state. "We direct the MoEF as well as state of Uttarakhand not to grant any further environmental or forest clearance for any hydroelectric power project in the state of Uttarakhand, until further orders," said the apex court bench of Justice K.S. Radhakrishnan and Justice Dipak Misra.

  • 'India well ahead in tiger protection strategies'
    Noted tiger conservationist Belinda Wright said that the South African model of wildlife conservation is "not the model to follow" and that India is "ahead" in its protection strategies.

Neighbours

  • Climate change also causes spike in violence: Scientists
    A new study claims that there is scientific ground to predict that climate change, resulting in higher temperatures, would contribute to violence and conflict. Researchers from Princeton University and the University of California-Berkeley report in the journal Science that even slight spikes in temperature and precipitation have greatly increased the risk of personal violence and social upheaval throughout human history.
  • BARC Develops 41 New Superior Crop Varieties
    The Bhabha Atomic Research Centre (BARC) has developed 41 new crop varieties under its Nuclear Agriculture programme, a top official said Tuesday. These include 15 varieties of groundnut, eight of mungbean (greengram), five of udad (blackgram), four of tur (pigeonpea), three of mustard, two of soyabean and one each of sunflower, chavali (cowpea), rice and jute.

Indian Defense

  • Indian Navy set to launch indigenous aircraft carrier
    The Indian navy will launch its first indigenous aircraft carrier Aug 12 at Kochi, making the country only the fifth in the world with capability to build such vessels. Talking to media persons here, navy vice chief Vice Admiral R.K. Dhowan said the 40,000 tonne indigenous aircraft carrier (IAC) was one of its most prestigious warship projects and was unprecedented in terms of size and complexity.

  • India test fires n-capable Prithvi-II missile
    India Monday test-fired its home grown nuclear-capable surface-to-surface Prithvi-II missile from a military base in Odisha, officials said. The indigenously-developed ballistic missile with a range of 350 km was fired from the Integrated Test Range at Chandipur-on-sea in Balasore district, about 230 km from Bhubaneswar.