Direction (1-10): 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/phrases are suggested, one of which fits the blank appropriately. Find out the appropriate word in each case.
Inflation has always remained a key parameter to __1__ the country’s economic growth. Over the past decade, we’ve also seen Indian politicians highlight the issue of inflation to __2__ their vote banks. Ahead of Union Budget 2015, it’s not inflation but deflation that economist and analysts are worried about. The Wholesale Price Index (WPI) during the month of January was dragged down to -0.39% as __3__ a dip of 0.11% in December owing to a decline in fuel prices. However, analysts and economists believe that this is not good sign for the Indian economy in __4__. In the month of January, fuel and power inflation __5__ to (-) 10.69% from (-) 7.8% in December 2014. The inflation of primary articles __6__ to 3.27% as compared 2.17% which was __7__ in December. Inflation of food articles climbed up to 8% as against 5.20%, recorded in December 2014. “Deflation in the world is __8__us as well. Manufacturers are losing their __9__ power. We already have corroboratory evidence of surplus capacity. Lower pricing power for corporates implies that there will be less incentive to manufacture goods,” Mythili Bhusnurmath, who is the consulting Editor of ET Now, told The Economic Times. Sanjay Shah of HSBC Global Asset Management India told the ET, “If manufacturing inflation is so low, it will start reflecting in CPI and pull it down, that may take inflation numbers to levels lower than what the RBI wants.” On the other hand, Arun Singh, economist at Dun & Bradstreet, __10__ his concern over deflation by saying, “Once the oil prices rise, India will be vulnerable again. The negative inflation is a result of international factors, not domestic. That is a worrying sign.”
1
A. Calculate
B. Measure
C. Know
D. Implicate
E. Judge
2.
A. Decrease
B. Suspend
C. Increase
D.Multiply
E.Apprehend
3
A.Compared
B.Measured
C.For
D.Calculated
E.Against
4
A.Totality
B.Comparison
C.Actual
D.Basic
E.Finality
5
A.Declined
B.Slide
C.Decreased
D.Slumped
E.Surged
6
A.Surged
B.Hiked
C.Slumped
D.Slide
E.Accelerated
7
A.Noted
B.Registered
C.Stated
D.Marked
E.Posted
8
A.Effecting
B.Moving
C.Affecting
D.Helping
E.Sourcing
9
A.Investing
B.Holding
C.Purchase
D.Money
E.Pricing
10
A.Told
B.State
C.Presented
D.Expressed
E.Said
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