Quiz about English in Class 14

Question 1

A stated objective of economic policy planning is achievement of high rates of growth of the economy and sustained improvement in the standards ofliving of people. A rapid growth in employment opportunities for all sections of the society associated with rising GDP growth is essential to realize this objective as also to achieve the goal of lnclusive Growth. Since lndia became part of the global economy and underwent economic reforms in 1891 its economy grew at a faster rate ofnearly 9 per cent per annum till 20 I 0. In the process India has becotne the fourth largest economy in the world. In the last two decades a significant proportion of the population across the country has reaped the benefits of this economic growth. They have become the part of global economy and market and their lives have transformed into one of global citizens with all the comforts and luxury in life.  Apart from this burgeoning middle class in the country the .economic growth seemed to have touched the lives of the poor also. According to the National Sample Survey results people livmg below poverty line have dramatically come down du.rmg the post economic reform era. Many economists question this dramatic change m poverty level. The fruits of economic growth have not benefited everyone uniformly. Some are left behind and some others are not touched by the benefits of economic growth. It is proved globally that the so-called trickle down effect does not work in all the societies and India is no exception to this. There are various reasons for th is uneven development in the society.  Modern economy is technology driven and not labour- intensive. High volume of high quality goods and services are produced with fewer labour hands. In short the modern economy is not generating much employment and sometimes it displaces and replaces labour with machines and tools . During this period the unemployment rate remained almost same for rural males and decreased by just one percentage for urban male. On the other hand unemployment among females increased by one percentage for urban and rural females. During this period the unemployment rate remained almost same for rural males and decreased by just one percentage for urban male. On the other hand unemployment among females increased by one percentage for urban and rural females economic development process. Such groups need government intervention to ensure that they are not left behind in the development process and deprived of the benefits because they do not have the capacity to be part of the global economy. The government needs to develop safety nets for such groups and try to mainstream them in the development process. They need welfare measures in the form of poverty alleviation programmes to ensure that they survive if not prosper in this era of economic reform. Further the poor are not a homogeneous population and their capacity to survive the economic reform varied from one group of poor to another. Especially those who are below the poverty line or the poorest among the poor need more government help. Growing integration of our economy with the global economy has increased the susceptibility of the economy to the vagaries of global economic forces. Recent global recession adversely affected Indian economy and hence the employment scenario in the country as well.  Which of the following statement(s) isare true in the context of the given passage ? I. The stated objective of economic policy planning is achievement of high rates of economic growth. II. the otherobjective is sustained improvement in the standards of living of people. Ill. Economic policy planning emphasises on growth of marketing sector to compete with global trade.

Accepted Answer

NA

Question 2

A stated objective of economic policy planning is achievement of high rates of growth of the economy and sustained improvement in the standards ofliving of people. A rapid growth in employment opportunities for all sections of the society associated with rising GDP growth is essential to realize this objective as also to achieve the goal of lnclusive Growth. Since lndia became part of the global economy and underwent economic reforms in 1891 its economy grew at a faster rate ofnearly 9 per cent per annum till 20 I 0. In the process India has becotne the fourth largest economy in the world. In the last two decades a significant proportion of the population across the country has reaped the benefits of this economic growth. They have become the part of global economy and market and their lives have transformed into one of global citizens with all the comforts and luxury in life.  Apart from this burgeoning middle class in the country the .economic growth seemed to have touched the lives of the poor also. According to the National Sample Survey results people livmg below poverty line have dramatically come down du.rmg the post economic reform era. Many economists question this dramatic change m poverty level. The fruits of economic growth have not benefited everyone uniformly. Some are left behind and some others are not touched by the benefits of economic growth. It is proved globally that the so-called trickle down effect does not work in all the societies and India is no exception to this. There are various reasons for th is uneven development in the society.  Modern economy is technology driven and not labour- intensive. High volume of high quality goods and services are produced with fewer labour hands. In short the modern economy is not generating much employment and sometimes it displaces and replaces labour with machines and tools . During this period the unemployment rate remained almost same for rural males and decreased by just one percentage for urban male. On the other hand unemployment among females increased by one percentage for urban and rural females. During this period the unemployment rate remained almost same for rural males and decreased by just one percentage for urban male. On the other hand unemployment among females increased by one percentage for urban and rural females economic development process. Such groups need government intervention to ensure that they are not left behind in the development process and deprived of the benefits because they do not have the capacity to be part of the global economy. The government needs to develop safety nets for such groups and try to mainstream them in the development process. They need welfare measures in the form of poverty alleviation programmes to ensure that they survive if not prosper in this era of economic reform. Further the poor are not a homogeneous population and their capacity to survive the economic reform varied from one group of poor to another. Especially those who are below the poverty line or the poorest among the poor need more government help. Growing integration of our economy with the global economy has increased the susceptibility of the economy to the vagaries of global economic forces. Recent global recession adversely affected Indian economy and hence the employment scenario in the country as well.  High volume of high quality goods and services are produced with

Accepted Answer

NA

Question 3

A stated objective of economic policy planning is achievement of high rates of growth of the economy and sustained improvement in the standards ofliving of people. A rapid growth in employment opportunities for all sections of the society associated with rising GDP growth is essential to realize this objective as also to achieve the goal of lnclusive Growth. Since lndia became part of the global economy and underwent economic reforms in 1891 its economy grew at a faster rate ofnearly 9 per cent per annum till 20 I 0. In the process India has becotne the fourth largest economy in the world. In the last two decades a significant proportion of the population across the country has reaped the benefits of this economic growth. They have become the part of global economy and market and their lives have transformed into one of global citizens with all the comforts and luxury in life.  Apart from this burgeoning middle class in the country the .economic growth seemed to have touched the lives of the poor also. According to the National Sample Survey results people livmg below poverty line have dramatically come down du.rmg the post economic reform era. Many economists question this dramatic change m poverty level. The fruits of economic growth have not benefited everyone uniformly. Some are left behind and some others are not touched by the benefits of economic growth. It is proved globally that the so-called trickle down effect does not work in all the societies and India is no exception to this. There are various reasons for th is uneven development in the society.  Modern economy is technology driven and not labour- intensive. High volume of high quality goods and services are produced with fewer labour hands. In short the modern economy is not generating much employment and sometimes it displaces and replaces labour with machines and tools . During this period the unemployment rate remained almost same for rural males and decreased by just one percentage for urban male. On the other hand unemployment among females increased by one percentage for urban and rural females. During this period the unemployment rate remained almost same for rural males and decreased by just one percentage for urban male. On the other hand unemployment among females increased by one percentage for urban and rural females economic development process. Such groups need government intervention to ensure that they are not left behind in the development process and deprived of the benefits because they do not have the capacity to be part of the global economy. The government needs to develop safety nets for such groups and try to mainstream them in the development process. They need welfare measures in the form of poverty alleviation programmes to ensure that they survive if not prosper in this era of economic reform. Further the poor are not a homogeneous population and their capacity to survive the economic reform varied from one group of poor to another. Especially those who are below the poverty line or the poorest among the poor need more government help. Growing integration of our economy with the global economy has increased the susceptibility of the economy to the vagaries of global economic forces. Recent global recession adversely affected Indian economy and hence the employment scenario in the country as well.  Which of the following statement(s) isare incorrect in the context of the passage ?

Accepted Answer

NA

Question 4

A stated objective of economic policy planning is achievement of high rates of growth of the economy and sustained improvement in the standards ofliving of people. A rapid growth in employment opportunities for all sections of the society associated with rising GDP growth is essential to realize this objective as also to achieve the goal of lnclusive Growth. Since lndia became part of the global economy and underwent economic reforms in 1891 its economy grew at a faster rate ofnearly 9 per cent per annum till 20 I 0. In the process India has becotne the fourth largest economy in the world. In the last two decades a significant proportion of the population across the country has reaped the benefits of this economic growth. They have become the part of global economy and market and their lives have transformed into one of global citizens with all the comforts and luxury in life.  Apart from this burgeoning middle class in the country the .economic growth seemed to have touched the lives of the poor also. According to the National Sample Survey results people livmg below poverty line have dramatically come down du.rmg the post economic reform era. Many economists question this dramatic change m poverty level. The fruits of economic growth have not benefited everyone uniformly. Some are left behind and some others are not touched by the benefits of economic growth. It is proved globally that the so-called trickle down effect does not work in all the societies and India is no exception to this. There are various reasons for th is uneven development in the society.  Modern economy is technology driven and not labour- intensive. High volume of high quality goods and services are produced with fewer labour hands. In short the modern economy is not generating much employment and sometimes it displaces and replaces labour with machines and tools . During this period the unemployment rate remained almost same for rural males and decreased by just one percentage for urban male. On the other hand unemployment among females increased by one percentage for urban and rural females. During this period the unemployment rate remained almost same for rural males and decreased by just one percentage for urban male. On the other hand unemployment among females increased by one percentage for urban and rural females economic development process. Such groups need government intervention to ensure that they are not left behind in the development process and deprived of the benefits because they do not have the capacity to be part of the global economy. The government needs to develop safety nets for such groups and try to mainstream them in the development process. They need welfare measures in the form of poverty alleviation programmes to ensure that they survive if not prosper in this era of economic reform. Further the poor are not a homogeneous population and their capacity to survive the economic reform varied from one group of poor to another. Especially those who are below the poverty line or the poorest among the poor need more government help. Growing integration of our economy with the global economy has increased the susceptibility of the economy to the vagaries of global economic forces. Recent global recession adversely affected Indian economy and hence the employment scenario in the country as well.  What should be the best title of the passage in your opinion?

Accepted Answer

NA

Question 5

A stated objective of economic policy planning is achievement of high rates of growth of the economy and sustained improvement in the standards ofliving of people. A rapid growth in employment opportunities for all sections of the society associated with rising GDP growth is essential to realize this objective as also to achieve the goal of lnclusive Growth. Since lndia became part of the global economy and underwent economic reforms in 1891 its economy grew at a faster rate ofnearly 9 per cent per annum till 20 I 0. In the process India has becotne the fourth largest economy in the world. In the last two decades a significant proportion of the population across the country has reaped the benefits of this economic growth. They have become the part of global economy and market and their lives have transformed into one of global citizens with all the comforts and luxury in life.  Apart from this burgeoning middle class in the country the .economic growth seemed to have touched the lives of the poor also. According to the National Sample Survey results people livmg below poverty line have dramatically come down du.rmg the post economic reform era. Many economists question this dramatic change m poverty level. The fruits of economic growth have not benefited everyone uniformly. Some are left behind and some others are not touched by the benefits of economic growth. It is proved globally that the so-called trickle down effect does not work in all the societies and India is no exception to this. There are various reasons for th is uneven development in the society.  Modern economy is technology driven and not labour- intensive. High volume of high quality goods and services are produced with fewer labour hands. In short the modern economy is not generating much employment and sometimes it displaces and replaces labour with machines and tools . During this period the unemployment rate remained almost same for rural males and decreased by just one percentage for urban male. On the other hand unemployment among females increased by one percentage for urban and rural females. During this period the unemployment rate remained almost same for rural males and decreased by just one percentage for urban male. On the other hand unemployment among females increased by one percentage for urban and rural females economic development process. Such groups need government intervention to ensure that they are not left behind in the development process and deprived of the benefits because they do not have the capacity to be part of the global economy. The government needs to develop safety nets for such groups and try to mainstream them in the development process. They need welfare measures in the form of poverty alleviation programmes to ensure that they survive if not prosper in this era of economic reform. Further the poor are not a homogeneous population and their capacity to survive the economic reform varied from one group of poor to another. Especially those who are below the poverty line or the poorest among the poor need more government help. Growing integration of our economy with the global economy has increased the susceptibility of the economy to the vagaries of global economic forces. Recent global recession adversely affected Indian economy and hence the employment scenario in the country as well.  According to the passage what report do many economists question?

Accepted Answer

NA

Question 6

A.With so many products and opportunities available in the market it is very easy to get this planning wrong. B. Planning therefore is imperative and should begin as early as possible.  C. What amount will we need and when will we need it?  D. Most of us would put our own retirement.  E. So lets try to find the best solution by asking two important question. Which of the following should be the THIRD sentence after rearrangement?

Accepted Answer

NA

Question 7

A.With so many products and opportunities available in the market it is very easy to get this planning wrong. B. Planning therefore is imperative and should begin as early as possible.  C. What amount will we need and when will we need it?  D. Most of us would put our own retirement.  E. So lets try to find the best solution by asking two important question. Which of the following should be the FIRST sentence after rearrangement?

Accepted Answer

NA

Question 8

A.With so many products and opportunities available in the market it is very easy to get this planning wrong. B. Planning therefore is imperative and should begin as early as possible.  C. What amount will we need and when will we need it?  D. Most of us would put our own retirement.  E. So lets try to find the best solution by asking two important question. Which of the following should be the FIFTH sentence after rearrangement?

Accepted Answer

NA

Question 9

A.With so many products and opportunities available in the market it is very easy to get this planning wrong. B. Planning therefore is imperative and should begin as early as possible.  C. What amount will we need and when will we need it?  D. Most of us would put our own retirement.  E. So lets try to find the best solution by asking two important question. Which of the following should be the SECOND sentence after rearrangement?

Accepted Answer

NA

Question 10

A.With so many products and opportunities available in the market it is very easy to get this planning wrong. B. Planning therefore is imperative and should begin as early as possible.  C. What amount will we need and when will we need it?  D. Most of us would put our own retirement.  E. So lets try to find the best solution by asking two important question. Which of the following should be the FOURTH sentence after rearrangement?

Accepted Answer

NA

Question 11

(A) TheArgentine peso which has lost more than half of its value in 2018 for instance witnessed a sharp loss of more than 10% on Thursday alone.  (B) The Indian rupee weakened past the 71 mark for the first time ever on Friday registering a loss of about 10% of its value against the dollar since the beginning of the year.  (C ) This happened despite a 15 percentage point increase in interest rates by Argentinas central bank in order to stem the outflow of capital and shore up the value of the currency.  (D) Emergingmarket economies continue to be in the spotlight for the wrong reasonsas their currenciesresume their prolonged slide against theU.S. dollar.  (E ) This makes the rupee the worst-performing currency in Asia. Other emergingmarket currencies most notably the Turkish lira the Argentine peso and the South African rand have suffered much larger losses owing to a serious loss of confidence among investors.  Which of the following will be the FIFTH (LAST) sentence after the rearrangement ?

Accepted Answer

NA

Question 12

(A) TheArgentine peso which has lost more than half of its value in 2018 for instance witnessed a sharp loss of more than 10% on Thursday alone.  (B) The Indian rupee weakened past the 71 mark for the first time ever on Friday registering a loss of about 10% of its value against the dollar since the beginning of the year.  (C ) This happened despite a 15 percentage point increase in interest rates by Argentinas central bank in order to stem the outflow of capital and shore up the value of the currency.  (D) Emergingmarket economies continue to be in the spotlight for the wrong reasonsas their currenciesresume their prolonged slide against theU.S. dollar.  (E ) This makes the rupee the worst-performing currency in Asia. Other emergingmarket currencies most notably the Turkish lira the Argentine peso and the South African rand have suffered much larger losses owing to a serious loss of confidence among investors.  Which of the following will be the FOURTH sentence after the rearrangement ?

Accepted Answer

NA

Question 13

(A) TheArgentine peso which has lost more than half of its value in 2018 for instance witnessed a sharp loss of more than 10% on Thursday alone.  (B) The Indian rupee weakened past the 71 mark for the first time ever on Friday registering a loss of about 10% of its value against the dollar since the beginning of the year.  (C ) This happened despite a 15 percentage point increase in interest rates by Argentinas central bank in order to stem the outflow of capital and shore up the value of the currency.  (D) Emergingmarket economies continue to be in the spotlight for the wrong reasonsas their currenciesresume their prolonged slide against theU.S. dollar.  (E ) This makes the rupee the worst-performing currency in Asia. Other emergingmarket currencies most notably the Turkish lira the Argentine peso and the South African rand have suffered much larger losses owing to a serious loss of confidence among investors.  Which of the following will be the THIRD sentence after the rearrangement ?

Accepted Answer

NA

Question 14

(A) TheArgentine peso which has lost more than half of its value in 2018 for instance witnessed a sharp loss of more than 10% on Thursday alone.  (B) The Indian rupee weakened past the 71 mark for the first time ever on Friday registering a loss of about 10% of its value against the dollar since the beginning of the year.  (C ) This happened despite a 15 percentage point increase in interest rates by Argentinas central bank in order to stem the outflow of capital and shore up the value of the currency.  (D) Emergingmarket economies continue to be in the spotlight for the wrong reasonsas their currenciesresume their prolonged slide against theU.S. dollar.  (E ) This makes the rupee the worst-performing currency in Asia. Other emergingmarket currencies most notably the Turkish lira the Argentine peso and the South African rand have suffered much larger losses owing to a serious loss of confidence among investors.  Which of the following will be the SECOND sentence after the rearrangement ?

Accepted Answer

NA

Question 15

Blogs. Digital photo and video sharing. Podcasts. RipMixBurn. Tagging. Vlogs. Wikis These buzzwords point to a fundamental social change fueled by cheap personal computers (PCS) and servers the Internet and its local wiredwireless feeder networks and powerful low-cost software. Citizens have morphed from passive media consumers to digital-media producers and publishers. Libraries and scholars have their Own set of buzzwords digital libraries digital presses e-prints institutional repositories and open-access (OA) journals to name a few. They connote the same kind of change a democratization of publishing and media production using digital technology. It appears that we are on the brink of an exciting new era of Internet innovation a kind of digital utopia. Gary Flake of Microsoft has provided one striking vision of what could be (with a commercial twist) in a presentation entitled How I Learned to Stop Worrying and Love the Imminent Internet Singularity and there are many other visions of possible future Internet advances. I When did this metamorphosis begin? It depends on who you ask. Lets say the late 1980s when the Internet began to get serious traction and an early flowering of non-commercial digital publishing occurred. In the subsequent twenty-odd years publishing and media production went from being highly centralized capital- intensive analog activities with limited and well-defined distribution channels to being diffuse relatively low-cost digital activities with the global Internet as their distribution medium. Not to say that print and conventional media are dead of course but it is clear that their era of dominance is waning. The future is digital. Nor is it to say that entertainment companies (e.g. film music radio and television companies) and information companies (e.g. book database and serial publishers) have ceded the digital-content battlefield to the upstarts. Quite the contrary. High-quality thousand-page-per- volume scientific journals and Hollywood blockbusters cannot be produced for pennies even with digital wizardry. Information and entertainment companies still have an important role to play and even if they didnt they hold the copyrights to a significant chunk of our cultural heritage. Entertainment and information companies have understood for some time that they must adapt to the digital environment or die but this change has not always been easy especially when it involves concocting and embracing new business models. Nonetheless they intend to thrive and prosper-and to do whatever it takes to succeed. As they should since they have an obligation to their shareholders to do so. The thing about the future is that it is rooted in the past. Culture even digital culture builds on what has gone before. Unconstrained access to past works helps determine the richness of future works. Inversely when past works are inaccessible except to a privileged minority future works are impoverished. This brings us to a second trend that stands in opposition to the first. Put simply it is the view that intellectual works are property that this property should be protected with the full force of civil and criminal law that creators have perpetual transferable property rights and that contracts rather than copyright law should govern the use of intellectual works. Which of the following is most opposite in meaning to the word waning given in bold as used in the passage?

Accepted Answer

NA

Question 16

Blogs. Digital photo and video sharing. Podcasts. RipMixBurn. Tagging. Vlogs. Wikis These buzzwords point to a fundamental social change fueled by cheap personal computers (PCS) and servers the Internet and its local wiredwireless feeder networks and powerful low-cost software. Citizens have morphed from passive media consumers to digital-media producers and publishers. Libraries and scholars have their Own set of buzzwords digital libraries digital presses e-prints institutional repositories and open-access (OA) journals to name a few. They connote the same kind of change a democratization of publishing and media production using digital technology. It appears that we are on the brink of an exciting new era of Internet innovation a kind of digital utopia. Gary Flake of Microsoft has provided one striking vision of what could be (with a commercial twist) in a presentation entitled How I Learned to Stop Worrying and Love the Imminent Internet Singularity and there are many other visions of possible future Internet advances. I When did this metamorphosis begin? It depends on who you ask. Lets say the late 1980s when the Internet began to get serious traction and an early flowering of non-commercial digital publishing occurred. In the subsequent twenty-odd years publishing and media production went from being highly centralized capital- intensive analog activities with limited and well-defined distribution channels to being diffuse relatively low-cost digital activities with the global Internet as their distribution medium. Not to say that print and conventional media are dead of course but it is clear that their era of dominance is waning. The future is digital. Nor is it to say that entertainment companies (e.g. film music radio and television companies) and information companies (e.g. book database and serial publishers) have ceded the digital-content battlefield to the upstarts. Quite the contrary. High-quality thousand-page-per- volume scientific journals and Hollywood blockbusters cannot be produced for pennies even with digital wizardry. Information and entertainment companies still have an important role to play and even if they didnt they hold the copyrights to a significant chunk of our cultural heritage. Entertainment and information companies have understood for some time that they must adapt to the digital environment or die but this change has not always been easy especially when it involves concocting and embracing new business models. Nonetheless they intend to thrive and prosper-and to do whatever it takes to succeed. As they should since they have an obligation to their shareholders to do so. The thing about the future is that it is rooted in the past. Culture even digital culture builds on what has gone before. Unconstrained access to past works helps determine the richness of future works. Inversely when past works are inaccessible except to a privileged minority future works are impoverished. This brings us to a second trend that stands in opposition to the first. Put simply it is the view that intellectual works are property that this property should be protected with the full force of civil and criminal law that creators have perpetual transferable property rights and that contracts rather than copyright law should govern the use of intellectual works. Which of the following statements can be inferred from the given passage? i. The inseparability of the past and the future works has worked out in the favour of conventional media ii. The digital technology has empowered the citizens by enabling their active participation in it iii. Print and conventional media had enjoyed monopoly before the arrival of digital technology

Accepted Answer

NA

Question 17

Blogs. Digital photo and video sharing. Podcasts. RipMixBurn. Tagging. Vlogs. Wikis These buzzwords point to a fundamental social change fueled by cheap personal computers (PCS) and servers the Internet and its local wiredwireless feeder networks and powerful low-cost software. Citizens have morphed from passive media consumers to digital-media producers and publishers. Libraries and scholars have their Own set of buzzwords digital libraries digital presses e-prints institutional repositories and open-access (OA) journals to name a few. They connote the same kind of change a democratization of publishing and media production using digital technology. It appears that we are on the brink of an exciting new era of Internet innovation a kind of digital utopia. Gary Flake of Microsoft has provided one striking vision of what could be (with a commercial twist) in a presentation entitled How I Learned to Stop Worrying and Love the Imminent Internet Singularity and there are many other visions of possible future Internet advances. I When did this metamorphosis begin? It depends on who you ask. Lets say the late 1980s when the Internet began to get serious traction and an early flowering of non-commercial digital publishing occurred. In the subsequent twenty-odd years publishing and media production went from being highly centralized capital- intensive analog activities with limited and well-defined distribution channels to being diffuse relatively low-cost digital activities with the global Internet as their distribution medium. Not to say that print and conventional media are dead of course but it is clear that their era of dominance is waning. The future is digital. Nor is it to say that entertainment companies (e.g. film music radio and television companies) and information companies (e.g. book database and serial publishers) have ceded the digital-content battlefield to the upstarts. Quite the contrary. High-quality thousand-page-per- volume scientific journals and Hollywood blockbusters cannot be produced for pennies even with digital wizardry. Information and entertainment companies still have an important role to play and even if they didnt they hold the copyrights to a significant chunk of our cultural heritage. Entertainment and information companies have understood for some time that they must adapt to the digital environment or die but this change has not always been easy especially when it involves concocting and embracing new business models. Nonetheless they intend to thrive and prosper-and to do whatever it takes to succeed. As they should since they have an obligation to their shareholders to do so. The thing about the future is that it is rooted in the past. Culture even digital culture builds on what has gone before. Unconstrained access to past works helps determine the richness of future works. Inversely when past works are inaccessible except to a privileged minority future works are impoverished. This brings us to a second trend that stands in opposition to the first. Put simply it is the view that intellectual works are property that this property should be protected with the full force of civil and criminal law that creators have perpetual transferable property rights and that contracts rather than copyright law should govern the use of intellectual works. What is the motive of the author behind writing this passage?

Accepted Answer

NA

Question 18

Blogs. Digital photo and video sharing. Podcasts. RipMixBurn. Tagging. Vlogs. Wikis These buzzwords point to a fundamental social change fueled by cheap personal computers (PCS) and servers the Internet and its local wiredwireless feeder networks and powerful low-cost software. Citizens have morphed from passive media consumers to digital-media producers and publishers. Libraries and scholars have their Own set of buzzwords digital libraries digital presses e-prints institutional repositories and open-access (OA) journals to name a few. They connote the same kind of change a democratization of publishing and media production using digital technology. It appears that we are on the brink of an exciting new era of Internet innovation a kind of digital utopia. Gary Flake of Microsoft has provided one striking vision of what could be (with a commercial twist) in a presentation entitled How I Learned to Stop Worrying and Love the Imminent Internet Singularity and there are many other visions of possible future Internet advances. I When did this metamorphosis begin? It depends on who you ask. Lets say the late 1980s when the Internet began to get serious traction and an early flowering of non-commercial digital publishing occurred. In the subsequent twenty-odd years publishing and media production went from being highly centralized capital- intensive analog activities with limited and well-defined distribution channels to being diffuse relatively low-cost digital activities with the global Internet as their distribution medium. Not to say that print and conventional media are dead of course but it is clear that their era of dominance is waning. The future is digital. Nor is it to say that entertainment companies (e.g. film music radio and television companies) and information companies (e.g. book database and serial publishers) have ceded the digital-content battlefield to the upstarts. Quite the contrary. High-quality thousand-page-per- volume scientific journals and Hollywood blockbusters cannot be produced for pennies even with digital wizardry. Information and entertainment companies still have an important role to play and even if they didnt they hold the copyrights to a significant chunk of our cultural heritage. Entertainment and information companies have understood for some time that they must adapt to the digital environment or die but this change has not always been easy especially when it involves concocting and embracing new business models. Nonetheless they intend to thrive and prosper-and to do whatever it takes to succeed. As they should since they have an obligation to their shareholders to do so. The thing about the future is that it is rooted in the past. Culture even digital culture builds on what has gone before. Unconstrained access to past works helps determine the richness of future works. Inversely when past works are inaccessible except to a privileged minority future works are impoverished. This brings us to a second trend that stands in opposition to the first. Put simply it is the view that intellectual works are property that this property should be protected with the full force of civil and criminal law that creators have perpetual transferable property rights and that contracts rather than copyright law should govern the use of intellectual works.According to the passage the richness of future works can be ensured by

Accepted Answer

NA

Question 19

Blogs. Digital photo and video sharing. Podcasts. RipMixBurn. Tagging. Vlogs. Wikis These buzzwords point to a fundamental social change fueled by cheap personal computers (PCS) and servers the Internet and its local wiredwireless feeder networks and powerful low-cost software. Citizens have morphed from passive media consumers to digital-media producers and publishers. Libraries and scholars have their Own set of buzzwords digital libraries digital presses e-prints institutional repositories and open-access (OA) journals to name a few. They connote the same kind of change a democratization of publishing and media production using digital technology. It appears that we are on the brink of an exciting new era of Internet innovation a kind of digital utopia. Gary Flake of Microsoft has provided one striking vision of what could be (with a commercial twist) in a presentation entitled How I Learned to Stop Worrying and Love the Imminent Internet Singularity and there are many other visions of possible future Internet advances. I When did this metamorphosis begin? It depends on who you ask. Lets say the late 1980s when the Internet began to get serious traction and an early flowering of non-commercial digital publishing occurred. In the subsequent twenty-odd years publishing and media production went from being highly centralized capital- intensive analog activities with limited and well-defined distribution channels to being diffuse relatively low-cost digital activities with the global Internet as their distribution medium. Not to say that print and conventional media are dead of course but it is clear that their era of dominance is waning. The future is digital. Nor is it to say that entertainment companies (e.g. film music radio and television companies) and information companies (e.g. book database and serial publishers) have ceded the digital-content battlefield to the upstarts. Quite the contrary. High-quality thousand-page-per- volume scientific journals and Hollywood blockbusters cannot be produced for pennies even with digital wizardry. Information and entertainment companies still have an important role to play and even if they didnt they hold the copyrights to a significant chunk of our cultural heritage. Entertainment and information companies have understood for some time that they must adapt to the digital environment or die but this change has not always been easy especially when it involves concocting and embracing new business models. Nonetheless they intend to thrive and prosper-and to do whatever it takes to succeed. As they should since they have an obligation to their shareholders to do so. The thing about the future is that it is rooted in the past. Culture even digital culture builds on what has gone before. Unconstrained access to past works helps determine the richness of future works. Inversely when past works are inaccessible except to a privileged minority future works are impoverished. This brings us to a second trend that stands in opposition to the first. Put simply it is the view that intellectual works are property that this property should be protected with the full force of civil and criminal law that creators have perpetual transferable property rights and that contracts rather than copyright law should govern the use of intellectual works.Which of the foUowing is most opposite in m~aning to the word dominance given in bold as used in the passage?

Accepted Answer

NA

Question 20

Blogs. Digital photo and video sharing. Podcasts. RipMixBurn. Tagging. Vlogs. Wikis These buzzwords point to a fundamental social change fueled by cheap personal computers (PCS) and servers the Internet and its local wiredwireless feeder networks and powerful low-cost software. Citizens have morphed from passive media consumers to digital-media producers and publishers. Libraries and scholars have their Own set of buzzwords digital libraries digital presses e-prints institutional repositories and open-access (OA) journals to name a few. They connote the same kind of change a democratization of publishing and media production using digital technology. It appears that we are on the brink of an exciting new era of Internet innovation a kind of digital utopia. Gary Flake of Microsoft has provided one striking vision of what could be (with a commercial twist) in a presentation entitled How I Learned to Stop Worrying and Love the Imminent Internet Singularity and there are many other visions of possible future Internet advances. I When did this metamorphosis begin? It depends on who you ask. Lets say the late 1980s when the Internet began to get serious traction and an early flowering of non-commercial digital publishing occurred. In the subsequent twenty-odd years publishing and media production went from being highly centralized capital- intensive analog activities with limited and well-defined distribution channels to being diffuse relatively low-cost digital activities with the global Internet as their distribution medium. Not to say that print and conventional media are dead of course but it is clear that their era of dominance is waning. The future is digital. Nor is it to say that entertainment companies (e.g. film music radio and television companies) and information companies (e.g. book database and serial publishers) have ceded the digital-content battlefield to the upstarts. Quite the contrary. High-quality thousand-page-per- volume scientific journals and Hollywood blockbusters cannot be produced for pennies even with digital wizardry. Information and entertainment companies still have an important role to play and even if they didnt they hold the copyrights to a significant chunk of our cultural heritage. Entertainment and information companies have understood for some time that they must adapt to the digital environment or die but this change has not always been easy especially when it involves concocting and embracing new business models. Nonetheless they intend to thrive and prosper-and to do whatever it takes to succeed. As they should since they have an obligation to their shareholders to do so. The thing about the future is that it is rooted in the past. Culture even digital culture builds on what has gone before. Unconstrained access to past works helps determine the richness of future works. Inversely when past works are inaccessible except to a privileged minority future works are impoverished. This brings us to a second trend that stands in opposition to the first. Put simply it is the view that intellectual works are property that this property should be protected with the full force of civil and criminal law that creators have perpetual transferable property rights and that contracts rather than copyright law should govern the use of intellectual works. Which of the following is most similar in meaning to the word connote given in bold as used in the passage?

Accepted Answer

NA

Question 21

Blogs. Digital photo and video sharing. Podcasts. RipMixBurn. Tagging. Vlogs. Wikis These buzzwords point to a fundamental social change fueled by cheap personal computers (PCS) and servers the Internet and its local wiredwireless feeder networks and powerful low-cost software. Citizens have morphed from passive media consumers to digital-media producers and publishers. Libraries and scholars have their Own set of buzzwords digital libraries digital presses e-prints institutional repositories and open-access (OA) journals to name a few. They connote the same kind of change a democratization of publishing and media production using digital technology. It appears that we are on the brink of an exciting new era of Internet innovation a kind of digital utopia. Gary Flake of Microsoft has provided one striking vision of what could be (with a commercial twist) in a presentation entitled How I Learned to Stop Worrying and Love the Imminent Internet Singularity and there are many other visions of possible future Internet advances. I When did this metamorphosis begin? It depends on who you ask. Lets say the late 1980s when the Internet began to get serious traction and an early flowering of non-commercial digital publishing occurred. In the subsequent twenty-odd years publishing and media production went from being highly centralized capital- intensive analog activities with limited and well-defined distribution channels to being diffuse relatively low-cost digital activities with the global Internet as their distribution medium. Not to say that print and conventional media are dead of course but it is clear that their era of dominance is waning. The future is digital. Nor is it to say that entertainment companies (e.g. film music radio and television companies) and information companies (e.g. book database and serial publishers) have ceded the digital-content battlefield to the upstarts. Quite the contrary. High-quality thousand-page-per- volume scientific journals and Hollywood blockbusters cannot be produced for pennies even with digital wizardry. Information and entertainment companies still have an important role to play and even if they didnt they hold the copyrights to a significant chunk of our cultural heritage. Entertainment and information companies have understood for some time that they must adapt to the digital environment or die but this change has not always been easy especially when it involves concocting and embracing new business models. Nonetheless they intend to thrive and prosper-and to do whatever it takes to succeed. As they should since they have an obligation to their shareholders to do so. The thing about the future is that it is rooted in the past. Culture even digital culture builds on what has gone before. Unconstrained access to past works helps determine the richness of future works. Inversely when past works are inaccessible except to a privileged minority future works are impoverished. This brings us to a second trend that stands in opposition to the first. Put simply it is the view that intellectual works are property that this property should be protected with the full force of civil and criminal law that creators have perpetual transferable property rights and that contracts rather than copyright law should govern the use of intellectual works. Which of the following is most similar in meaning to the word ceded given in bold as used in the passage?

Accepted Answer

NA

Question 22

Blogs. Digital photo and video sharing. Podcasts. RipMixBurn. Tagging. Vlogs. Wikis These buzzwords point to a fundamental social change fueled by cheap personal computers (PCS) and servers the Internet and its local wiredwireless feeder networks and powerful low-cost software. Citizens have morphed from passive media consumers to digital-media producers and publishers. Libraries and scholars have their Own set of buzzwords digital libraries digital presses e-prints institutional repositories and open-access (OA) journals to name a few. They connote the same kind of change a democratization of publishing and media production using digital technology. It appears that we are on the brink of an exciting new era of Internet innovation a kind of digital utopia. Gary Flake of Microsoft has provided one striking vision of what could be (with a commercial twist) in a presentation entitled How I Learned to Stop Worrying and Love the Imminent Internet Singularity and there are many other visions of possible future Internet advances. I When did this metamorphosis begin? It depends on who you ask. Lets say the late 1980s when the Internet began to get serious traction and an early flowering of non-commercial digital publishing occurred. In the subsequent twenty-odd years publishing and media production went from being highly centralized capital- intensive analog activities with limited and well-defined distribution channels to being diffuse relatively low-cost digital activities with the global Internet as their distribution medium. Not to say that print and conventional media are dead of course but it is clear that their era of dominance is waning. The future is digital. Nor is it to say that entertainment companies (e.g. film music radio and television companies) and information companies (e.g. book database and serial publishers) have ceded the digital-content battlefield to the upstarts. Quite the contrary. High-quality thousand-page-per- volume scientific journals and Hollywood blockbusters cannot be produced for pennies even with digital wizardry. Information and entertainment companies still have an important role to play and even if they didnt they hold the copyrights to a significant chunk of our cultural heritage. Entertainment and information companies have understood for some time that they must adapt to the digital environment or die but this change has not always been easy especially when it involves concocting and embracing new business models. Nonetheless they intend to thrive and prosper-and to do whatever it takes to succeed. As they should since they have an obligation to their shareholders to do so. The thing about the future is that it is rooted in the past. Culture even digital culture builds on what has gone before. Unconstrained access to past works helps determine the richness of future works. Inversely when past works are inaccessible except to a privileged minority future works are impoverished. This brings us to a second trend that stands in opposition to the first. Put simply it is the view that intellectual works are property that this property should be protected with the full force of civil and criminal law that creators have perpetual transferable property rights and that contracts rather than copyright law should govern the use of intellectual works.Which of the following is most similar in meaning to the word concocting given in bold as used in the passage?

Accepted Answer

NA

Question 23

Blogs. Digital photo and video sharing. Podcasts. RipMixBurn. Tagging. Vlogs. Wikis These buzzwords point to a fundamental social change fueled by cheap personal computers (PCS) and servers the Internet and its local wiredwireless feeder networks and powerful low-cost software. Citizens have morphed from passive media consumers to digital-media producers and publishers. Libraries and scholars have their Own set of buzzwords digital libraries digital presses e-prints institutional repositories and open-access (OA) journals to name a few. They connote the same kind of change a democratization of publishing and media production using digital technology. It appears that we are on the brink of an exciting new era of Internet innovation a kind of digital utopia. Gary Flake of Microsoft has provided one striking vision of what could be (with a commercial twist) in a presentation entitled How I Learned to Stop Worrying and Love the Imminent Internet Singularity and there are many other visions of possible future Internet advances. I When did this metamorphosis begin? It depends on who you ask. Lets say the late 1980s when the Internet began to get serious traction and an early flowering of non-commercial digital publishing occurred. In the subsequent twenty-odd years publishing and media production went from being highly centralized capital- intensive analog activities with limited and well-defined distribution channels to being diffuse relatively low-cost digital activities with the global Internet as their distribution medium. Not to say that print and conventional media are dead of course but it is clear that their era of dominance is waning. The future is digital. Nor is it to say that entertainment companies (e.g. film music radio and television companies) and information companies (e.g. book database and serial publishers) have ceded the digital-content battlefield to the upstarts. Quite the contrary. High-quality thousand-page-per- volume scientific journals and Hollywood blockbusters cannot be produced for pennies even with digital wizardry. Information and entertainment companies still have an important role to play and even if they didnt they hold the copyrights to a significant chunk of our cultural heritage. Entertainment and information companies have understood for some time that they must adapt to the digital environment or die but this change has not always been easy especially when it involves concocting and embracing new business models. Nonetheless they intend to thrive and prosper-and to do whatever it takes to succeed. As they should since they have an obligation to their shareholders to do so. The thing about the future is that it is rooted in the past. Culture even digital culture builds on what has gone before. Unconstrained access to past works helps determine the richness of future works. Inversely when past works are inaccessible except to a privileged minority future works are impoverished. This brings us to a second trend that stands in opposition to the first. Put simply it is the view that intellectual works are property that this property should be protected with the full force of civil and criminal law that creators have perpetual transferable property rights and that contracts rather than copyright law should govern the use of intellectual works. An important factor bolstering the position of entertainment and information companies against the digital content is-

Accepted Answer

NA

Question 24

Blogs. Digital photo and video sharing. Podcasts. RipMixBurn. Tagging. Vlogs. Wikis These buzzwords point to a fundamental social change fueled by cheap personal computers (PCS) and servers the Internet and its local wiredwireless feeder networks and powerful low-cost software. Citizens have morphed from passive media consumers to digital-media producers and publishers. Libraries and scholars have their Own set of buzzwords digital libraries digital presses e-prints institutional repositories and open-access (OA) journals to name a few. They connote the same kind of change a democratization of publishing and media production using digital technology. It appears that we are on the brink of an exciting new era of Internet innovation a kind of digital utopia. Gary Flake of Microsoft has provided one striking vision of what could be (with a commercial twist) in a presentation entitled How I Learned to Stop Worrying and Love the Imminent Internet Singularity and there are many other visions of possible future Internet advances. I When did this metamorphosis begin? It depends on who you ask. Lets say the late 1980s when the Internet began to get serious traction and an early flowering of non-commercial digital publishing occurred. In the subsequent twenty-odd years publishing and media production went from being highly centralized capital- intensive analog activities with limited and well-defined distribution channels to being diffuse relatively low-cost digital activities with the global Internet as their distribution medium. Not to say that print and conventional media are dead of course but it is clear that their era of dominance is waning. The future is digital. Nor is it to say that entertainment companies (e.g. film music radio and television companies) and information companies (e.g. book database and serial publishers) have ceded the digital-content battlefield to the upstarts. Quite the contrary. High-quality thousand-page-per- volume scientific journals and Hollywood blockbusters cannot be produced for pennies even with digital wizardry. Information and entertainment companies still have an important role to play and even if they didnt they hold the copyrights to a significant chunk of our cultural heritage. Entertainment and information companies have understood for some time that they must adapt to the digital environment or die but this change has not always been easy especially when it involves concocting and embracing new business models. Nonetheless they intend to thrive and prosper-and to do whatever it takes to succeed. As they should since they have an obligation to their shareholders to do so. The thing about the future is that it is rooted in the past. Culture even digital culture builds on what has gone before. Unconstrained access to past works helps determine the richness of future works. Inversely when past works are inaccessible except to a privileged minority future works are impoverished. This brings us to a second trend that stands in opposition to the first. Put simply it is the view that intellectual works are property that this property should be protected with the full force of civil and criminal law that creators have perpetual transferable property rights and that contracts rather than copyright law should govern the use of intellectual works. Which of the following has been one of the consequences of the availability of cheap and powerfu l di gital technology? i. Publishing and media production is no more a privilege of the few ii. It has brought print and conventional media to an end iii. The quality of the content of publishing and media production has severely deteriorated

Accepted Answer

NA

Question 25

A senior citizens son ________ threatened her every day and physically harmed her forcing her to transfer her property to him.  (A) superficially  (B) mistakenly  (C ) allegedly  (D) miserably  (E ) doubtfully  (F) purportedly

Accepted Answer

NA

Question 26

Brexit has evoked a spate of comments. These comments fall into broadly two categories. The first set of comments focusses on the short-term and medium-term impact ofBrexit on the U.K. Europe and the rest of the world including fndia. The second goes into the reasons behind this decision of the British. Globalisation has been interpreted in many ways. In broad terms globalisation denotes the free movement of goods services capital funds ideas technology and people across countries. Many people think globalisation is a recent phenomenon. This is not true. This has been going on for centuries. What has made it unique in recent times is the speed of the movement. Great Britain and many other countries in Europe have reached the present level of economic development only because of this free movement. In both demographic and geographic terms Britain is a small country. It is not the size of the domestic market that determined its growth. London could not have emerged as the financial centre of the world but for the free flow of capital.  The gamut of financial services offered by London is geared to meet world demand and not that of Britain alone. Even after the exit from the EU Britain cannot remain as an isolated island. It has to be part of an international trade regime which allows for free trade. What then could have motivated a little more than 50 per cent of the population to come out of the EU? It has something to do with the nature of the relationship within the EU. The EU has evolved over the last seven decades. From a loose arrangement it has become a tight bureaucratic organisation with its www.bankersadda.com | www.sscadda.com |www.  Jurisdiction extending to multifarious activities. When the euro was created as a common currency Britain opted out of it. The European Central Bank sets a common monetary policy stance for all member countries. This itself has been a source of irritation to many member countries. This came out prominently at the time of the Greek crisis. With the loss of one instrument of control - namely the exchange rate variation - the entire burden of adjustment had to be through employment and output changes. As one commentator put it the EU has moved up its aspiration from the idea ofcommon market to single market. It is this transition which half of Britain has resented. The complex set of regulations emanating from Brussels has made at least a section of the British people feel that they have lost independence. Some of the elite of Britain who voted to leave feel this way. They think that control has moved to unelected bureaucrats in Brussels. What has induced the non-elite to vote for Brexit was the EUs migration policy. The free movement of people has been the last straw that broke the camels back. The low-paid jobs in the U.K. have been taken over by migrants predominantly from Eastern Europe. In an economy which has been growing slowly (even though the U.K. is a better performer than other European countries in recent years) this has come as a shock. The spirit of nationalism still runs high. The poor in Britain feel that they have been cheatep by the migrants. Absorbing migrants is not new for Britain. The Asian and African migrants constitute a significant proportion of the population All this happened when the economy was stTong and growing. But this is not the situation now and lhe resentmenl is in one sense natural. However looked at globally lhe poor in the cowitries from which people migrate have benefited. The British have also gained to the extent that the free movement of people has enabled highly skilled professionals to find positions all over Europe. The leave vote thus was motivated by two considerations one the degree of integration that the EU was trying to impose and two the migration policy which allowed a free movement of people across countries. Globalisation is not really the devil. If the EU arrangement had been restricted only to free movement of goods services capital and funds it could not have led to any deep resentment. It is the attempt at greater economic integration that has been interpreted as a loss of sovereignty and resented. Globalisation with its emphasis on efficiency (since goods and services will get produced at the least cost centres) can lead to greater inequality theoretically.  Within a country also the more efficient including professionals gain disproportionately. This situation gets worse if economies are growing slowly. The U.S. has always prided itself on saying that the system they have is peoples capitalism. Inequalities do not matter much when economies are growing strongly and when new entrants to the labour force find employment easily. Countervailing measures are needed to take care of the adverse impact of globalisation. For this reason we cannot throw the baby out with the bathwater. The developed countries face a serious dilemma. They have reached a stage in their development when further growth will be slow. This will have implications for absorbing the labour that gets added to the market. Complicating the situation is technological development which is increasingly labour-saving. New technologies have a twofold impact. First they reduce the demand for labour in general. Second in particular they make unskilled and semi-skilled work redundant. They demand new skills for which retraining may be needed. Distribution of income has thus become an issue which needs to be dealt with directly. Brexit is not a blow against globalisation per se. Labour does not stand in the same category as capital even though both are factors of production. Migration hurts when the economy is at a low ebb. Britain along with other developed countries faces a basic problem of coping with a growth potential which is far lower than the growth rate they had seen before 2008.  EVOKED

Accepted Answer

NA

Question 27

Brexit has evoked a spate of comments. These comments fall into broadly two categories. The first set of comments focusses on the short-term and medium-term impact ofBrexit on the U.K. Europe and the rest of the world including fndia. The second goes into the reasons behind this decision of the British. Globalisation has been interpreted in many ways. In broad terms globalisation denotes the free movement of goods services capital funds ideas technology and people across countries. Many people think globalisation is a recent phenomenon. This is not true. This has been going on for centuries. What has made it unique in recent times is the speed of the movement. Great Britain and many other countries in Europe have reached the present level of economic development only because of this free movement. In both demographic and geographic terms Britain is a small country. It is not the size of the domestic market that determined its growth. London could not have emerged as the financial centre of the world but for the free flow of capital.  The gamut of financial services offered by London is geared to meet world demand and not that of Britain alone. Even after the exit from the EU Britain cannot remain as an isolated island. It has to be part of an international trade regime which allows for free trade. What then could have motivated a little more than 50 per cent of the population to come out of the EU? It has something to do with the nature of the relationship within the EU. The EU has evolved over the last seven decades. From a loose arrangement it has become a tight bureaucratic organisation with its www.bankersadda.com | www.sscadda.com |www.  Jurisdiction extending to multifarious activities. When the euro was created as a common currency Britain opted out of it. The European Central Bank sets a common monetary policy stance for all member countries. This itself has been a source of irritation to many member countries. This came out prominently at the time of the Greek crisis. With the loss of one instrument of control - namely the exchange rate variation - the entire burden of adjustment had to be through employment and output changes. As one commentator put it the EU has moved up its aspiration from the idea ofcommon market to single market. It is this transition which half of Britain has resented. The complex set of regulations emanating from Brussels has made at least a section of the British people feel that they have lost independence. Some of the elite of Britain who voted to leave feel this way. They think that control has moved to unelected bureaucrats in Brussels. What has induced the non-elite to vote for Brexit was the EUs migration policy. The free movement of people has been the last straw that broke the camels back. The low-paid jobs in the U.K. have been taken over by migrants predominantly from Eastern Europe. In an economy which has been growing slowly (even though the U.K. is a better performer than other European countries in recent years) this has come as a shock. The spirit of nationalism still runs high. The poor in Britain feel that they have been cheatep by the migrants. Absorbing migrants is not new for Britain. The Asian and African migrants constitute a significant proportion of the population All this happened when the economy was stTong and growing. But this is not the situation now and lhe resentmenl is in one sense natural. However looked at globally lhe poor in the cowitries from which people migrate have benefited. The British have also gained to the extent that the free movement of people has enabled highly skilled professionals to find positions all over Europe. The leave vote thus was motivated by two considerations one the degree of integration that the EU was trying to impose and two the migration policy which allowed a free movement of people across countries. Globalisation is not really the devil. If the EU arrangement had been restricted only to free movement of goods services capital and funds it could not have led to any deep resentment. It is the attempt at greater economic integration that has been interpreted as a loss of sovereignty and resented. Globalisation with its emphasis on efficiency (since goods and services will get produced at the least cost centres) can lead to greater inequality theoretically.  Within a country also the more efficient including professionals gain disproportionately. This situation gets worse if economies are growing slowly. The U.S. has always prided itself on saying that the system they have is peoples capitalism. Inequalities do not matter much when economies are growing strongly and when new entrants to the labour force find employment easily. Countervailing measures are needed to take care of the adverse impact of globalisation. For this reason we cannot throw the baby out with the bathwater. The developed countries face a serious dilemma. They have reached a stage in their development when further growth will be slow. This will have implications for absorbing the labour that gets added to the market. Complicating the situation is technological development which is increasingly labour-saving. New technologies have a twofold impact. First they reduce the demand for labour in general. Second in particular they make unskilled and semi-skilled work redundant. They demand new skills for which retraining may be needed. Distribution of income has thus become an issue which needs to be dealt with directly. Brexit is not a blow against globalisation per se. Labour does not stand in the same category as capital even though both are factors of production. Migration hurts when the economy is at a low ebb. Britain along with other developed countries faces a basic problem of coping with a growth potential which is far lower than the growth rate they had seen before 2008. What is the peril of migration?

Accepted Answer

NA

Question 28

Brexit has evoked a spate of comments. These comments fall into broadly two categories. The first set of comments focusses on the short-term and medium-term impact ofBrexit on the U.K. Europe and the rest of the world including fndia. The second goes into the reasons behind this decision of the British. Globalisation has been interpreted in many ways. In broad terms globalisation denotes the free movement of goods services capital funds ideas technology and people across countries. Many people think globalisation is a recent phenomenon. This is not true. This has been going on for centuries. What has made it unique in recent times is the speed of the movement. Great Britain and many other countries in Europe have reached the present level of economic development only because of this free movement. In both demographic and geographic terms Britain is a small country. It is not the size of the domestic market that determined its growth. London could not have emerged as the financial centre of the world but for the free flow of capital.  The gamut of financial services offered by London is geared to meet world demand and not that of Britain alone. Even after the exit from the EU Britain cannot remain as an isolated island. It has to be part of an international trade regime which allows for free trade. What then could have motivated a little more than 50 per cent of the population to come out of the EU? It has something to do with the nature of the relationship within the EU. The EU has evolved over the last seven decades. From a loose arrangement it has become a tight bureaucratic organisation with its www.bankersadda.com | www.sscadda.com |www.  Jurisdiction extending to multifarious activities. When the euro was created as a common currency Britain opted out of it. The European Central Bank sets a common monetary policy stance for all member countries. This itself has been a source of irritation to many member countries. This came out prominently at the time of the Greek crisis. With the loss of one instrument of control - namely the exchange rate variation - the entire burden of adjustment had to be through employment and output changes. As one commentator put it the EU has moved up its aspiration from the idea ofcommon market to single market. It is this transition which half of Britain has resented. The complex set of regulations emanating from Brussels has made at least a section of the British people feel that they have lost independence. Some of the elite of Britain who voted to leave feel this way. They think that control has moved to unelected bureaucrats in Brussels. What has induced the non-elite to vote for Brexit was the EUs migration policy. The free movement of people has been the last straw that broke the camels back. The low-paid jobs in the U.K. have been taken over by migrants predominantly from Eastern Europe. In an economy which has been growing slowly (even though the U.K. is a better performer than other European countries in recent years) this has come as a shock. The spirit of nationalism still runs high. The poor in Britain feel that they have been cheatep by the migrants. Absorbing migrants is not new for Britain. The Asian and African migrants constitute a significant proportion of the population All this happened when the economy was stTong and growing. But this is not the situation now and lhe resentmenl is in one sense natural. However looked at globally lhe poor in the cowitries from which people migrate have benefited. The British have also gained to the extent that the free movement of people has enabled highly skilled professionals to find positions all over Europe. The leave vote thus was motivated by two considerations one the degree of integration that the EU was trying to impose and two the migration policy which allowed a free movement of people across countries. Globalisation is not really the devil. If the EU arrangement had been restricted only to free movement of goods services capital and funds it could not have led to any deep resentment. It is the attempt at greater economic integration that has been interpreted as a loss of sovereignty and resented. Globalisation with its emphasis on efficiency (since goods and services will get produced at the least cost centres) can lead to greater inequality theoretically.  Within a country also the more efficient including professionals gain disproportionately. This situation gets worse if economies are growing slowly. The U.S. has always prided itself on saying that the system they have is peoples capitalism. Inequalities do not matter much when economies are growing strongly and when new entrants to the labour force find employment easily. Countervailing measures are needed to take care of the adverse impact of globalisation. For this reason we cannot throw the baby out with the bathwater. The developed countries face a serious dilemma. They have reached a stage in their development when further growth will be slow. This will have implications for absorbing the labour that gets added to the market. Complicating the situation is technological development which is increasingly labour-saving. New technologies have a twofold impact. First they reduce the demand for labour in general. Second in particular they make unskilled and semi-skilled work redundant. They demand new skills for which retraining may be needed. Distribution of income has thus become an issue which needs to be dealt with directly. Brexit is not a blow against globalisation per se. Labour does not stand in the same category as capital even though both are factors of production. Migration hurts when the economy is at a low ebb. Britain along with other developed countries faces a basic problem of coping with a growth potential which is far lower than the growth rate they had seen before 2008.  Which of the following statement is false regarding the impact of globalization? (i) Globalization that stresses on productivity leads to inequality. (ii) Globalization has been attributed as the primary reason for the loss of supremacy in British people by the author.  (iii) Globalization is a major factor which helped London in becoming a financial center of the World.

Accepted Answer

NA

Question 29

Brexit has evoked a spate of comments. These comments fall into broadly two categories. The first set of comments focusses on the short-term and medium-term impact ofBrexit on the U.K. Europe and the rest of the world including fndia. The second goes into the reasons behind this decision of the British. Globalisation has been interpreted in many ways. In broad terms globalisation denotes the free movement of goods services capital funds ideas technology and people across countries. Many people think globalisation is a recent phenomenon. This is not true. This has been going on for centuries. What has made it unique in recent times is the speed of the movement. Great Britain and many other countries in Europe have reached the present level of economic development only because of this free movement. In both demographic and geographic terms Britain is a small country. It is not the size of the domestic market that determined its growth. London could not have emerged as the financial centre of the world but for the free flow of capital.  The gamut of financial services offered by London is geared to meet world demand and not that of Britain alone. Even after the exit from the EU Britain cannot remain as an isolated island. It has to be part of an international trade regime which allows for free trade. What then could have motivated a little more than 50 per cent of the population to come out of the EU? It has something to do with the nature of the relationship within the EU. The EU has evolved over the last seven decades. From a loose arrangement it has become a tight bureaucratic organisation with its www.bankersadda.com | www.sscadda.com |www.  Jurisdiction extending to multifarious activities. When the euro was created as a common currency Britain opted out of it. The European Central Bank sets a common monetary policy stance for all member countries. This itself has been a source of irritation to many member countries. This came out prominently at the time of the Greek crisis. With the loss of one instrument of control - namely the exchange rate variation - the entire burden of adjustment had to be through employment and output changes. As one commentator put it the EU has moved up its aspiration from the idea ofcommon market to single market. It is this transition which half of Britain has resented. The complex set of regulations emanating from Brussels has made at least a section of the British people feel that they have lost independence. Some of the elite of Britain who voted to leave feel this way. They think that control has moved to unelected bureaucrats in Brussels. What has induced the non-elite to vote for Brexit was the EUs migration policy. The free movement of people has been the last straw that broke the camels back. The low-paid jobs in the U.K. have been taken over by migrants predominantly from Eastern Europe. In an economy which has been growing slowly (even though the U.K. is a better performer than other European countries in recent years) this has come as a shock. The spirit of nationalism still runs high. The poor in Britain feel that they have been cheatep by the migrants. Absorbing migrants is not new for Britain. The Asian and African migrants constitute a significant proportion of the population All this happened when the economy was stTong and growing. But this is not the situation now and lhe resentmenl is in one sense natural. However looked at globally lhe poor in the cowitries from which people migrate have benefited. The British have also gained to the extent that the free movement of people has enabled highly skilled professionals to find positions all over Europe. The leave vote thus was motivated by two considerations one the degree of integration that the EU was trying to impose and two the migration policy which allowed a free movement of people across countries. Globalisation is not really the devil. If the EU arrangement had been restricted only to free movement of goods services capital and funds it could not have led to any deep resentment. It is the attempt at greater economic integration that has been interpreted as a loss of sovereignty and resented. Globalisation with its emphasis on efficiency (since goods and services will get produced at the least cost centres) can lead to greater inequality theoretically.  Within a country also the more efficient including professionals gain disproportionately. This situation gets worse if economies are growing slowly. The U.S. has always prided itself on saying that the system they have is peoples capitalism. Inequalities do not matter much when economies are growing strongly and when new entrants to the labour force find employment easily. Countervailing measures are needed to take care of the adverse impact of globalisation. For this reason we cannot throw the baby out with the bathwater. The developed countries face a serious dilemma. They have reached a stage in their development when further growth will be slow. This will have implications for absorbing the labour that gets added to the market. Complicating the situation is technological development which is increasingly labour-saving. New technologies have a twofold impact. First they reduce the demand for labour in general. Second in particular they make unskilled and semi-skilled work redundant. They demand new skills for which retraining may be needed. Distribution of income has thus become an issue which needs to be dealt with directly. Brexit is not a blow against globalisation per se. Labour does not stand in the same category as capital even though both are factors of production. Migration hurts when the economy is at a low ebb. Britain along with other developed countries faces a basic problem of coping with a growth potential which is far lower than the growth rate they had seen before 2008. Which of the following is one of the reasons for major section ofBritish people to vote against European Union?

Accepted Answer

NA

Question 30

Brexit has evoked a spate of comments. These comments fall into broadly two categories. The first set of comments focusses on the short-term and medium-term impact ofBrexit on the U.K. Europe and the rest of the world including fndia. The second goes into the reasons behind this decision of the British. Globalisation has been interpreted in many ways. In broad terms globalisation denotes the free movement of goods services capital funds ideas technology and people across countries. Many people think globalisation is a recent phenomenon. This is not true. This has been going on for centuries. What has made it unique in recent times is the speed of the movement. Great Britain and many other countries in Europe have reached the present level of economic development only because of this free movement. In both demographic and geographic terms Britain is a small country. It is not the size of the domestic market that determined its growth. London could not have emerged as the financial centre of the world but for the free flow of capital.  The gamut of financial services offered by London is geared to meet world demand and not that of Britain alone. Even after the exit from the EU Britain cannot remain as an isolated island. It has to be part of an international trade regime which allows for free trade. What then could have motivated a little more than 50 per cent of the population to come out of the EU? It has something to do with the nature of the relationship within the EU. The EU has evolved over the last seven decades. From a loose arrangement it has become a tight bureaucratic organisation with its www.bankersadda.com | www.sscadda.com |www.  Jurisdiction extending to multifarious activities. When the euro was created as a common currency Britain opted out of it. The European Central Bank sets a common monetary policy stance for all member countries. This itself has been a source of irritation to many member countries. This came out prominently at the time of the Greek crisis. With the loss of one instrument of control - namely the exchange rate variation - the entire burden of adjustment had to be through employment and output changes. As one commentator put it the EU has moved up its aspiration from the idea ofcommon market to single market. It is this transition which half of Britain has resented. The complex set of regulations emanating from Brussels has made at least a section of the British people feel that they have lost independence. Some of the elite of Britain who voted to leave feel this way. They think that control has moved to unelected bureaucrats in Brussels. What has induced the non-elite to vote for Brexit was the EUs migration policy. The free movement of people has been the last straw that broke the camels back. The low-paid jobs in the U.K. have been taken over by migrants predominantly from Eastern Europe. In an economy which has been growing slowly (even though the U.K. is a better performer than other European countries in recent years) this has come as a shock. The spirit of nationalism still runs high. The poor in Britain feel that they have been cheatep by the migrants. Absorbing migrants is not new for Britain. The Asian and African migrants constitute a significant proportion of the population All this happened when the economy was stTong and growing. But this is not the situation now and lhe resentmenl is in one sense natural. However looked at globally lhe poor in the cowitries from which people migrate have benefited. The British have also gained to the extent that the free movement of people has enabled highly skilled professionals to find positions all over Europe. The leave vote thus was motivated by two considerations one the degree of integration that the EU was trying to impose and two the migration policy which allowed a free movement of people across countries. Globalisation is not really the devil. If the EU arrangement had been restricted only to free movement of goods services capital and funds it could not have led to any deep resentment. It is the attempt at greater economic integration that has been interpreted as a loss of sovereignty and resented. Globalisation with its emphasis on efficiency (since goods and services will get produced at the least cost centres) can lead to greater inequality theoretically.  Within a country also the more efficient including professionals gain disproportionately. This situation gets worse if economies are growing slowly. The U.S. has always prided itself on saying that the system they have is peoples capitalism. Inequalities do not matter much when economies are growing strongly and when new entrants to the labour force find employment easily. Countervailing measures are needed to take care of the adverse impact of globalisation. For this reason we cannot throw the baby out with the bathwater. The developed countries face a serious dilemma. They have reached a stage in their development when further growth will be slow. This will have implications for absorbing the labour that gets added to the market. Complicating the situation is technological development which is increasingly labour-saving. New technologies have a twofold impact. First they reduce the demand for labour in general. Second in particular they make unskilled and semi-skilled work redundant. They demand new skills for which retraining may be needed. Distribution of income has thus become an issue which needs to be dealt with directly. Brexit is not a blow against globalisation per se. Labour does not stand in the same category as capital even though both are factors of production. Migration hurts when the economy is at a low ebb. Britain along with other developed countries faces a basic problem of coping with a growth potential which is far lower than the growth rate they had seen before 2008.  SPATE

Accepted Answer

NA

Question 31

Brexit has evoked a spate of comments. These comments fall into broadly two categories. The first set of comments focusses on the short-term and medium-term impact ofBrexit on the U.K. Europe and the rest of the world including fndia. The second goes into the reasons behind this decision of the British. Globalisation has been interpreted in many ways. In broad terms globalisation denotes the free movement of goods services capital funds ideas technology and people across countries. Many people think globalisation is a recent phenomenon. This is not true. This has been going on for centuries. What has made it unique in recent times is the speed of the movement. Great Britain and many other countries in Europe have reached the present level of economic development only because of this free movement. In both demographic and geographic terms Britain is a small country. It is not the size of the domestic market that determined its growth. London could not have emerged as the financial centre of the world but for the free flow of capital.  The gamut of financial services offered by London is geared to meet world demand and not that of Britain alone. Even after the exit from the EU Britain cannot remain as an isolated island. It has to be part of an international trade regime which allows for free trade. What then could have motivated a little more than 50 per cent of the population to come out of the EU? It has something to do with the nature of the relationship within the EU. The EU has evolved over the last seven decades. From a loose arrangement it has become a tight bureaucratic organisation with its www.bankersadda.com | www.sscadda.com |www.  Jurisdiction extending to multifarious activities. When the euro was created as a common currency Britain opted out of it. The European Central Bank sets a common monetary policy stance for all member countries. This itself has been a source of irritation to many member countries. This came out prominently at the time of the Greek crisis. With the loss of one instrument of control - namely the exchange rate variation - the entire burden of adjustment had to be through employment and output changes. As one commentator put it the EU has moved up its aspiration from the idea ofcommon market to single market. It is this transition which half of Britain has resented. The complex set of regulations emanating from Brussels has made at least a section of the British people feel that they have lost independence. Some of the elite of Britain who voted to leave feel this way. They think that control has moved to unelected bureaucrats in Brussels. What has induced the non-elite to vote for Brexit was the EUs migration policy. The free movement of people has been the last straw that broke the camels back. The low-paid jobs in the U.K. have been taken over by migrants predominantly from Eastern Europe. In an economy which has been growing slowly (even though the U.K. is a better performer than other European countries in recent years) this has come as a shock. The spirit of nationalism still runs high. The poor in Britain feel that they have been cheatep by the migrants. Absorbing migrants is not new for Britain. The Asian and African migrants constitute a significant proportion of the population All this happened when the economy was stTong and growing. But this is not the situation now and lhe resentmenl is in one sense natural. However looked at globally lhe poor in the cowitries from which people migrate have benefited. The British have also gained to the extent that the free movement of people has enabled highly skilled professionals to find positions all over Europe. The leave vote thus was motivated by two considerations one the degree of integration that the EU was trying to impose and two the migration policy which allowed a free movement of people across countries. Globalisation is not really the devil. If the EU arrangement had been restricted only to free movement of goods services capital and funds it could not have led to any deep resentment. It is the attempt at greater economic integration that has been interpreted as a loss of sovereignty and resented. Globalisation with its emphasis on efficiency (since goods and services will get produced at the least cost centres) can lead to greater inequality theoretically.  Within a country also the more efficient including professionals gain disproportionately. This situation gets worse if economies are growing slowly. The U.S. has always prided itself on saying that the system they have is peoples capitalism. Inequalities do not matter much when economies are growing strongly and when new entrants to the labour force find employment easily. Countervailing measures are needed to take care of the adverse impact of globalisation. For this reason we cannot throw the baby out with the bathwater. The developed countries face a serious dilemma. They have reached a stage in their development when further growth will be slow. This will have implications for absorbing the labour that gets added to the market. Complicating the situation is technological development which is increasingly labour-saving. New technologies have a twofold impact. First they reduce the demand for labour in general. Second in particular they make unskilled and semi-skilled work redundant. They demand new skills for which retraining may be needed. Distribution of income has thus become an issue which needs to be dealt with directly. Brexit is not a blow against globalisation per se. Labour does not stand in the same category as capital even though both are factors of production. Migration hurts when the economy is at a low ebb. Britain along with other developed countries faces a basic problem of coping with a growth potential which is far lower than the growth rate they had seen before 2008.  To what aspect this article is devoted by the author?

Accepted Answer

NA

Question 32

Brexit has evoked a spate of comments. These comments fall into broadly two categories. The first set of comments focusses on the short-term and medium-term impact ofBrexit on the U.K. Europe and the rest of the world including fndia. The second goes into the reasons behind this decision of the British. Globalisation has been interpreted in many ways. In broad terms globalisation denotes the free movement of goods services capital funds ideas technology and people across countries. Many people think globalisation is a recent phenomenon. This is not true. This has been going on for centuries. What has made it unique in recent times is the speed of the movement. Great Britain and many other countries in Europe have reached the present level of economic development only because of this free movement. In both demographic and geographic terms Britain is a small country. It is not the size of the domestic market that determined its growth. London could not have emerged as the financial centre of the world but for the free flow of capital.  The gamut of financial services offered by London is geared to meet world demand and not that of Britain alone. Even after the exit from the EU Britain cannot remain as an isolated island. It has to be part of an international trade regime which allows for free trade. What then could have motivated a little more than 50 per cent of the population to come out of the EU? It has something to do with the nature of the relationship within the EU. The EU has evolved over the last seven decades. From a loose arrangement it has become a tight bureaucratic organisation with its www.bankersadda.com | www.sscadda.com |www.  Jurisdiction extending to multifarious activities. When the euro was created as a common currency Britain opted out of it. The European Central Bank sets a common monetary policy stance for all member countries. This itself has been a source of irritation to many member countries. This came out prominently at the time of the Greek crisis. With the loss of one instrument of control - namely the exchange rate variation - the entire burden of adjustment had to be through employment and output changes. As one commentator put it the EU has moved up its aspiration from the idea ofcommon market to single market. It is this transition which half of Britain has resented. The complex set of regulations emanating from Brussels has made at least a section of the British people feel that they have lost independence. Some of the elite of Britain who voted to leave feel this way. They think that control has moved to unelected bureaucrats in Brussels. What has induced the non-elite to vote for Brexit was the EUs migration policy. The free movement of people has been the last straw that broke the camels back. The low-paid jobs in the U.K. have been taken over by migrants predominantly from Eastern Europe. In an economy which has been growing slowly (even though the U.K. is a better performer than other European countries in recent years) this has come as a shock. The spirit of nationalism still runs high. The poor in Britain feel that they have been cheatep by the migrants. Absorbing migrants is not new for Britain. The Asian and African migrants constitute a significant proportion of the population All this happened when the economy was stTong and growing. But this is not the situation now and lhe resentmenl is in one sense natural. However looked at globally lhe poor in the cowitries from which people migrate have benefited. The British have also gained to the extent that the free movement of people has enabled highly skilled professionals to find positions all over Europe. The leave vote thus was motivated by two considerations one the degree of integration that the EU was trying to impose and two the migration policy which allowed a free movement of people across countries. Globalisation is not really the devil. If the EU arrangement had been restricted only to free movement of goods services capital and funds it could not have led to any deep resentment. It is the attempt at greater economic integration that has been interpreted as a loss of sovereignty and resented. Globalisation with its emphasis on efficiency (since goods and services will get produced at the least cost centres) can lead to greater inequality theoretically.  Within a country also the more efficient including professionals gain disproportionately. This situation gets worse if economies are growing slowly. The U.S. has always prided itself on saying that the system they have is peoples capitalism. Inequalities do not matter much when economies are growing strongly and when new entrants to the labour force find employment easily. Countervailing measures are needed to take care of the adverse impact of globalisation. For this reason we cannot throw the baby out with the bathwater. The developed countries face a serious dilemma. They have reached a stage in their development when further growth will be slow. This will have implications for absorbing the labour that gets added to the market. Complicating the situation is technological development which is increasingly labour-saving. New technologies have a twofold impact. First they reduce the demand for labour in general. Second in particular they make unskilled and semi-skilled work redundant. They demand new skills for which retraining may be needed. Distribution of income has thus become an issue which needs to be dealt with directly. Brexit is not a blow against globalisation per se. Labour does not stand in the same category as capital even though both are factors of production. Migration hurts when the economy is at a low ebb. Britain along with other developed countries faces a basic problem of coping with a growth potential which is far lower than the growth rate they had seen before 2008.  What has been the reason for the infuriation of the member countries of European Union?

Accepted Answer

NA

Question 33

A.But seriously how much would you pay to know what thoughts are swimming around in someone elses head? B.In most fictional movies thus the idea of reading minds of seeling the private interntions of another and the possibility of intervening in those plans & has always been highly attractive. C.Such fantastical questions have long been the bread and butter of fiction.  D.Today more than four centuries since the phrase A penny for your thoughts? was first recordedin flationary accounting makes that ancient penny worth more than $40.  E.The going rate for a thought- a probe into the thinking of another was once quite bargain  F.And if you could really know their treeth fulness haw much more would you pay? G. Even with the sliding value of the dollar this still seemsquite a bargain.  Which of the following should be the FIRST sentence after rearrangement?

Accepted Answer

NA

Question 34

A.But seriously how much would you pay to know what thoughts are swimming around in someone elses head? B.In most fictional movies thus the idea of reading minds of seeling the private interntions of another and the possibility of intervening in those plans & has always been highly attractive. C.Such fantastical questions have long been the bread and butter of fiction.  D.Today more than four centuries since the phrase A penny for your thoughts? was first recordedin flationary accounting makes that ancient penny worth more than $40.  E.The going rate for a thought- a probe into the thinking of another was once quite bargain  F.And if you could really know their treeth fulness haw much more would you pay? G. Even with the sliding value of the dollar this still seemsquite a bargain.  Which of the following should be the SEVENTH (Last) sentence after rearrangement?

Accepted Answer

NA

Question 35

A.But seriously how much would you pay to know what thoughts are swimming around in someone elses head? B.In most fictional movies thus the idea of reading minds of seeling the private interntions of another and the possibility of intervening in those plans & has always been highly attractive. C.Such fantastical questions have long been the bread and butter of fiction.  D.Today more than four centuries since the phrase A penny for your thoughts? was first recordedin flationary accounting makes that ancient penny worth more than $40.  E.The going rate for a thought- a probe into the thinking of another was once quite bargain  F.And if you could really know their treeth fulness haw much more would you pay? G. Even with the sliding value of the dollar this still seemsquite a bargain.  Which of the following should be the SIXTH sentence after rearrangement?

Accepted Answer

NA

Question 36

A.But seriously how much would you pay to know what thoughts are swimming around in someone elses head? B.In most fictional movies thus the idea of reading minds of seeing the private intentions of another and the possibility of intervening in those plans has always been highly attractive. C.Such fantastical questions have long been the bread and butter of fiction.  D.Today more than four centuries since the phrase A penny for your thoughts? was first recordedin flationary accounting makes that ancient penny worth more than $40.  E.The going rate for a thought- a probe into the thinking of another was once quite bargain  F.And if you could really know their truthfulness how much more would you pay? G. Even with the sliding value of the dollar this still seemsquite a bargain.  Which of the following should be the FOURTH sentence after rearrangement?

Accepted Answer

NA

Question 37

A.But seriously how much would you pay to know what thoughts are swimming around in someone elses head? B.In most fictional movies thus the idea of reading minds of seeling the private interntions of another and the possibility of intervening in those plans & has always been highly attractive. C.Such fantastical questions have long been the bread and butter of fiction.  D.Today more than four centuries since the phrase A penny for your thoughts? was first recordedin flationary accounting makes that ancient penny worth more than $40.  E.The going rate for a thought- a probe into the thinking of another was once quite bargain  F.And if you could really know their treeth fulness haw much more would you pay? G. Even with the sliding value of the dollar this still seemsquite a bargain.  Which of the following should be the SECOND sentence after rearrangement?

Accepted Answer

NA

Question 38

(A) If China is the worlds factory India has become the worlss outsourcing centre -keeping in line with this image. (B) But Indias future depends crucially on its ability to compete fully in the Creative Economy - not just in tech and software but across design and entrepreneurship arts culture and entertainment and the knowledge - based professions of medicine finance and law.  (C) While its creative assets outstrip those of other emerging competitors India must address several challenges to increase its international competitiveness as the world is in the midst of a sweeping transformation. (D) This transformation is evident in the fact that the world is moving from an industrialeconomy ot a Creative Economy that generates wealth byharnessing intellectual labour intangible goodsand human creative capabilities. (E) Its software industry is the worlds second-largest its tech outsourcing accounts for more than hall of the $ 300 billion global industry according to a technology expert. (F) If the meeting of world leaders at Davos is any indication India is rapidly becoming an economic rock star.  Which of the following should be the SECOND sentence after the rearrangement ?

Accepted Answer

NA

Question 39

(A) If China is the worlds factory India has become the worlss outsourcing centre -keeping in line with this image. (B) But Indias future depends crucially on its ability to compete fully in the Creative Economy - not just in tech and software but across design and entrepreneurship arts culture and entertainment and the knowledge - based professions of medicine finance and law.  (C) While its creative assets outstrip those of other emerging competitors India must address several challenges to increase its international competitiveness as the world is in the midst of a sweeping transformation. (D) This transformation is evident in the fact that the world is moving from an industrialeconomy ot a Creative Economy that generates wealth byharnessing intellectual labour intangible goodsand human creative capabilities. (E) Its software industry is the worlds second-largest its tech outsourcing accounts for more than hall of the $ 300 billion global industry according to a technology expert. (F) If the meeting of world leaders at Davos is any indication India is rapidly becoming an economic rock star.  Which of the following should be the THIRD sentence after the rearrangement ?

Accepted Answer

NA

Question 40

(A) If China is the worlds factory India has become the worlss outsourcing centre -keeping in line with this image. (B) But Indias future depends crucially on its ability to compete fully in the Creative Economy - not just in tech and software but across design and entrepreneurship arts culture and entertainment and the knowledge - based professions of medicine finance and law.  (C) While its creative assets outstrip those of other emerging competitors India must address several challenges to increase its international competitiveness as the world is in the midst of a sweeping transformation. (D) This transformation is evident in the fact that the world is moving from an industrialeconomy ot a Creative Economy that generates wealth byharnessing intellectual labour intangible goodsand human creative capabilities. (E) Its software industry is the worlds second-largest its tech outsourcing accounts for more than hall of the $ 300 billion global industry according to a technology expert. (F) If the meeting of world leaders at Davos is any indication India is rapidly becoming an economic rock star.  Which of the following should be the FIFTH sentence after the rearrangement ?

Accepted Answer

NA

Question 41

(A) If China is the worlds factory India has become the worlss outsourcing centre -keeping in line with this image. (B) But Indias future depends crucially on its ability to compete fully in the Creative Economy - not just in tech and software but across design and entrepreneurship arts culture and entertainment and the knowledge - based professions of medicine finance and law.  (C) While its creative assets outstrip those of other emerging competitors India must address several challenges to increase its international competitiveness as the world is in the midst of a sweeping transformation. (D) This transformation is evident in the fact that the world is moving from an industrialeconomy ot a Creative Economy that generates wealth byharnessing intellectual labour intangible goodsand human creative capabilities. (E) Its software industry is the worlds second-largest its tech outsourcing accounts for more than hall of the $ 300 billion global industry according to a technology expert. (F) If the meeting of world leaders at Davos is any indication India is rapidly becoming an economic rock star.  Which of the following should be the FIRST sentence after the rearrangement ?

Accepted Answer

NA

Question 42

(A) If China is the worlds factory India has become the worlss outsourcing centre -keeping in line with this image. (B) But Indias future depends crucially on its ability to compete fully in the Creative Economy - not just in tech and software but across design and entrepreneurship arts culture and entertainment and the knowledge - based professions of medicine finance and law.  (C) While its creative assets outstrip those of other emerging competitors India must address several challenges to increase its international competitiveness as the world is in the midst of a sweeping transformation. (D) This transformation is evident in the fact that the world is moving from an industrialeconomy ot a Creative Economy that generates wealth byharnessing intellectual labour intangible goodsand human creative capabilities. (E) Its software industry is the worlds second-largest its tech outsourcing accounts for more than hall of the $ 300 billion global industry according to a technology expert. (F) If the meeting of world leaders at Davos is any indication India is rapidly becoming an economic rock star.  Which of the following should be the SIXTH(LAST) sentence after the rearrangement ?

Accepted Answer

NA

Question 43

Big ideas come from tackling (291) problems. When one is confronted with an overwhelming task its pieces. Business jargon is full of phrases about that like pilot projects and low hanging fruit. They have their place but in the repertory of management (292) they should share their place with bold approaches to big challenges. Much of todays most valuable management knowledge came from wrestling with such issues. The most complicated workplace in the middle of the last century was the automobile assembly plant. Drawn to its complexity where Peter F. Drucker W. Edwards Deming and Taiichi Ohno among others. The work they and their disciples did applied in industry after industry is the basis of the best that we know about operations managing people innovation organizational design and much more. The most complex workplaces are tertiary care hospitals. These vast (293) employ tens of thousands of people who under one roof do everything from neurosurgery to laundry. Each patient - that is to say each job-calls on a different set of people with a different constellation of (294) even when the two patients have the same diagnosis success may be (295) differently. This is complexity of an order of magnitude greater than automobile assembly and anyone who (296) hospitalized knows that management has thus far been unequal to the scope of task. The workers managers consultants and scholars (297) crack this nut will reshape industries and institutions just as (298) as Drucker Deming and Ohno did.

Accepted Answer

NA

Question 44

As the country embarks on planning (71) the 12th Plan (2012-17) period a key question mark (72) hangs over the process is on the energy requirements.  Growth is energy hungry and the aspirations of growing at 9-10% will (73) huge demands on the energy resources of the country. In this energy Jigsaw renewable energy will (74) like never before in the 12th Plan and the (75). By the rule of the thumb India will (76) about 100 gigawatts (GW)-100000 megawatts-of capacity addition in the next five years. Encouraging trends on energy efficiency and sustained (77) by some parts of the government the Bureau of Energy Efficiency in particular needs to be complimented for this-have led to substantially lesser energy intensity of economic growth. However even the tendered demand numbers are (78) to be below 80GW.As against this need the coal supply from domestic sources is unlikely to support more than 25GW equivalent capacity Imported coal can add some more but at a much (79) cost. Gas based electricity generation is unlikely to contribute anything substantial in view of the unprecedented gas supply challenges. Nuclear will be (80) in the foreseeable future. Between imported coal gas large hydro and nuclear no more than 15-20GW equivalent can be (81) to be added in the five-year time block. (82) (83) this capacity addition in the renewable energy based power generation has touched about 3GW a year. In the coming five years the overall capacity addition in the electricity grid (84) renewable energy is likely to range between 20GW and 25GW Additionally over and above the grid based capacity off-grid electricity applications are reaching remote places and (85) lives where grid-based electricity supply has miserably failed.

Accepted Answer

NA

Question 45

(A) Both Ram and Sham realised their mistakes and were ashamed about what they has said.  (B) Vivek happened to overhear their conversation and was very angry with both of them for criticising the tree.  (C ) Two friends Ram and Sham were seeking repite from the searing heat of the midday sun when they saw a huge leafy tree.  (D) Its a plan tree said his friend. Dont waste your time looking for fruits. It produces neither edible fruits nor good wood. Its one of the most useless trees around.  (E ) How can you say such a thing when youre enjoying the shade of this beautiful tree at this very moment? snappedVivek unable to control his anger.  (F) They took shelter under the huge leafy tree and soon felt cool and refreshed. (G) Busy belittling the tree both Ram and Sham did not notice that another person Vivek was lying on the other side of the tree taking shelter. (H) What sort of tree is this? Does it produce edible fruits? asked Ram.  Whichof the following should be the EIGHTH (LAST)sentence after rearrangement ?

Accepted Answer

NA

Question 46

(A) Both Ram and Sham realised their mistakes and were ashamed about what they has said.  (B) Vivek happened to overhear their conversation and was very angry with both of them for criticising the tree.  (C ) Two friends Ram and Sham were seeking repite from the searing heat of the midday sun when they saw a huge leafy tree.  (D) Its a plan tree said his friend. Dont waste your time looking for fruits. It produces neither edible fruits nor good wood. Its one of the most useless trees around.  (E ) How can you say such a thing when youre enjoying the shade of this beautiful tree at this very moment? snappedVivek unable to control his anger.  (F) They took shelter under the huge leafy tree and soon felt cool and refreshed. (G) Busy belittling the tree both Ram and Sham did not notice that another person Vivek was lying on the other side of the tree taking shelter. (H) What sort of tree is this? Does it produce edible fruits? asked Ram.  Whichof the following should be the FIFTHsentence after rearrangement ?

Accepted Answer

NA

Question 47

(A) Both Ram and Sham realised their mistakes and were ashamed about what they has said.  (B) Vivek happened to overhear their conversation and was very angry with both of them for criticising the tree.  (C ) Two friends Ram and Sham were seeking repite from the searing heat of the midday sun when they saw a huge leafy tree.  (D) Its a plan tree said his friend. Dont waste your time looking for fruits. It produces neither edible fruits nor good wood. Its one of the most useless trees around.  (E ) How can you say such a thing when youre enjoying the shade of this beautiful tree at this very moment? snappedVivek unable to control his anger.  (F) They took shelter under the huge leafy tree and soon felt cool and refreshed. (G) Busy belittling the tree both Ram and Sham did not notice that another person Vivek was lying on the other side of the tree taking shelter. (H) What sort of tree is this? Does it produce edible fruits? asked Ram.  Whichof the following should be the FIRSTsentence after rearrangement ?

Accepted Answer

NA

Question 48

(A) Both Ram and Sham realised their mistakes and were ashamed about what they has said.  (B) Vivek happened to overhear their conversation and was very angry with both of them for criticising the tree.  (C ) Two friends Ram and Sham were seeking repite from the searing heat of the midday sun when they saw a huge leafy tree.  (D) Its a plan tree said his friend. Dont waste your time looking for fruits. It produces neither edible fruits nor good wood. Its one of the most useless trees around.  (E ) How can you say such a thing when youre enjoying the shade of this beautiful tree at this very moment? snappedVivek unable to control his anger.  (F) They took shelter under the huge leafy tree and soon felt cool and refreshed. (G) Busy belittling the tree both Ram and Sham did not notice that another person Vivek was lying on the other side of the tree taking shelter. (H) What sort of tree is this? Does it produce edible fruits? asked Ram.  Whichof the following should be the FOURTHsentence after rearrangement ?

Accepted Answer

NA

Question 49

(A) Both Ram and Sham realised their mistakes and were ashamed about what they has said.  (B) Vivek happened to overhear their conversation and was very angry with both of them for criticising the tree.  (C ) Two friends Ram and Sham were seeking repite from the searing heat of the midday sun when they saw a huge leafy tree.  (D) Its a plan tree said his friend. Dont waste your time looking for fruits. It produces neither edible fruits nor good wood. Its one of the most useless trees around.  (E ) How can you say such a thing when youre enjoying the shade of this beautiful tree at this very moment? snappedVivek unable to control his anger.  (F) They took shelter under the huge leafy tree and soon felt cool and refreshed. (G) Busy belittling the tree both Ram and Sham did not notice that another person Vivek was lying on the other side of the tree taking shelter. (H) What sort of tree is this? Does it produce edible fruits? asked Ram.  Whichof the following should be the SECONDsentence after rearrangement ?

Accepted Answer

NA

Question 50

A.Invaders came to India and looted it of its wealth. B.Today we may be rich in wealth but not rich at heart. C. Sadly now the situation has changed.  D. India has a glorious past with rich cultural heritage.  E. In fact materialism has taken the place of spiritualism. F. But they too admired the indians. Which sentence will come at FIRST place in the paragraph?

Accepted Answer

NA

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A senior citizen's son ________ threatened her every day and physically harmed her, forcing her to transfer her property to him. (A) superficially (B) mistakenly (C ) allegedly (D) miserably (E ) doubtfully (F) purportedly

201.	A stated objective of economic policy planning is achievement of high rates of growth of the economy and sustained improvement in the standards ofliving of people. A rapid growth in employment opportunities for all sections of the society, associated with rising GDP growth is essential to realize this objective as also to achieve the goal of lnclusive Growth. Since lndia became part of the global economy and underwent economic reforms in 1891, its economy grew at a faster rate ofnearly 9 per cent per annum till 20 I 0. In the process, India has becotne the fourth largest economy in the world. In the last two decades, a significant proportion of the population across the country has reaped the benefits of this economic growth. They have become the part of global economy and market, and their lives have transformed into one of global citizens with all the comforts and luxury in life. Apart from this burgeoning middle class in the country, the .economic growth seemed to have touched the lives of the poor also. According to the National Sample Survey results, people livmg below poverty line have dramatically come down du.rmg the post economic reform era. Many economists question this dramatic change m poverty level. The fruits of economic growth have not benefited everyone uniformly. Some are left behind and some others are not touched by the benefits of economic growth. It is proved globally that the so-called trickle down effect does not work in all the societies and India is no exception to this. There are various reasons for th is uneven development in the society. Modern economy is technology driven and not labour- intensive. High volume of high quality goods and services are produced with fewer labour hands. In short, the modern economy is not generating much employment and sometimes it displaces and replaces labour with machines and tools . During this period, the unemployment rate remained almost same for rural males and decreased by just one percentage for urban male. On the other hand, unemployment among females increased by one percentage for urban and rural females. During this period, the unemployment rate remained almost same for rural males and decreased by just one percentage for urban male. On the other hand, unemployment among females increased by one percentage for urban and rural females economic development process. Such groups need government intervention to ensure that they are not left behind in the development process and deprived of the benefits because they do not have the capacity to be part of the global economy. The government needs to develop safety nets for such groups and try to mainstream them in the development process. They need welfare measures in the form of poverty alleviation programmes to ensure that they survive if not prosper in this era of economic reform. Further, the poor are not a homogeneous population and their capacity to survive the economic reform varied from one group of poor to another. Especially, those who are below the poverty line or the poorest among the poor need more government help. Growing integration of our economy with the global economy has increased the susceptibility of the economy to the vagaries of global economic forces. Recent global recession adversely affected Indian economy and hence the employment scenario in the country as well. Which of the following statement(s) is/are true in the context of the given passage ? I. The stated objective of economic policy planning is achievement of high rates of economic growth. II. the otherobjective is sustained improvement in the standards of living of people. Ill. Economic policy planning emphasises on growth of marketing sector to compete with global trade.
Answer» Only l and ILL Only II and III Only I and II Only I Solution :It is MENTIONED in the first PARAGRAPH.

202.	A stated objective of economic policy planning is achievement of high rates of growth of the economy and sustained improvement in the standards ofliving of people. A rapid growth in employment opportunities for all sections of the society, associated with rising GDP growth is essential to realize this objective as also to achieve the goal of lnclusive Growth. Since lndia became part of the global economy and underwent economic reforms in 1891, its economy grew at a faster rate ofnearly 9 per cent per annum till 20 I 0. In the process, India has becotne the fourth largest economy in the world. In the last two decades, a significant proportion of the population across the country has reaped the benefits of this economic growth. They have become the part of global economy and market, and their lives have transformed into one of global citizens with all the comforts and luxury in life. Apart from this burgeoning middle class in the country, the .economic growth seemed to have touched the lives of the poor also. According to the National Sample Survey results, people livmg below poverty line have dramatically come down du.rmg the post economic reform era. Many economists question this dramatic change m poverty level. The fruits of economic growth have not benefited everyone uniformly. Some are left behind and some others are not touched by the benefits of economic growth. It is proved globally that the so-called trickle down effect does not work in all the societies and India is no exception to this. There are various reasons for th is uneven development in the society. Modern economy is technology driven and not labour- intensive. High volume of high quality goods and services are produced with fewer labour hands. In short, the modern economy is not generating much employment and sometimes it displaces and replaces labour with machines and tools . During this period, the unemployment rate remained almost same for rural males and decreased by just one percentage for urban male. On the other hand, unemployment among females increased by one percentage for urban and rural females. During this period, the unemployment rate remained almost same for rural males and decreased by just one percentage for urban male. On the other hand, unemployment among females increased by one percentage for urban and rural females economic development process. Such groups need government intervention to ensure that they are not left behind in the development process and deprived of the benefits because they do not have the capacity to be part of the global economy. The government needs to develop safety nets for such groups and try to mainstream them in the development process. They need welfare measures in the form of poverty alleviation programmes to ensure that they survive if not prosper in this era of economic reform. Further, the poor are not a homogeneous population and their capacity to survive the economic reform varied from one group of poor to another. Especially, those who are below the poverty line or the poorest among the poor need more government help. Growing integration of our economy with the global economy has increased the susceptibility of the economy to the vagaries of global economic forces. Recent global recession adversely affected Indian economy and hence the employment scenario in the country as well. High volume of high quality goods and services are produced with
Answer» LARGER LABOUR hands fewer labour hands i.e. technology imported materials domestic materials Solution :It is mentioned in the FOURTH paragraph.

203.	A stated objective of economic policy planning is achievement of high rates of growth of the economy and sustained improvement in the standards ofliving of people. A rapid growth in employment opportunities for all sections of the society, associated with rising GDP growth is essential to realize this objective as also to achieve the goal of lnclusive Growth. Since lndia became part of the global economy and underwent economic reforms in 1891, its economy grew at a faster rate ofnearly 9 per cent per annum till 20 I 0. In the process, India has becotne the fourth largest economy in the world. In the last two decades, a significant proportion of the population across the country has reaped the benefits of this economic growth. They have become the part of global economy and market, and their lives have transformed into one of global citizens with all the comforts and luxury in life. Apart from this burgeoning middle class in the country, the .economic growth seemed to have touched the lives of the poor also. According to the National Sample Survey results, people livmg below poverty line have dramatically come down du.rmg the post economic reform era. Many economists question this dramatic change m poverty level. The fruits of economic growth have not benefited everyone uniformly. Some are left behind and some others are not touched by the benefits of economic growth. It is proved globally that the so-called trickle down effect does not work in all the societies and India is no exception to this. There are various reasons for th is uneven development in the society. Modern economy is technology driven and not labour- intensive. High volume of high quality goods and services are produced with fewer labour hands. In short, the modern economy is not generating much employment and sometimes it displaces and replaces labour with machines and tools . During this period, the unemployment rate remained almost same for rural males and decreased by just one percentage for urban male. On the other hand, unemployment among females increased by one percentage for urban and rural females. During this period, the unemployment rate remained almost same for rural males and decreased by just one percentage for urban male. On the other hand, unemployment among females increased by one percentage for urban and rural females economic development process. Such groups need government intervention to ensure that they are not left behind in the development process and deprived of the benefits because they do not have the capacity to be part of the global economy. The government needs to develop safety nets for such groups and try to mainstream them in the development process. They need welfare measures in the form of poverty alleviation programmes to ensure that they survive if not prosper in this era of economic reform. Further, the poor are not a homogeneous population and their capacity to survive the economic reform varied from one group of poor to another. Especially, those who are below the poverty line or the poorest among the poor need more government help. Growing integration of our economy with the global economy has increased the susceptibility of the economy to the vagaries of global economic forces. Recent global recession adversely affected Indian economy and hence the employment scenario in the country as well. Which of the following statement(s) is/are incorrect in the context of the passage ?
Answer» The unemployment rate remained almost same for RURAL males during last two decades. The government needs to develop safety nets for deprived section of society The poor are a homogeneous POPULATION Uneven development is OUTCOME of modem economy Solution :It is mentioned in the second last paragrpah where it SAYA that the poor are not a homogeneous population.

204.	A stated objective of economic policy planning is achievement of high rates of growth of the economy and sustained improvement in the standards ofliving of people. A rapid growth in employment opportunities for all sections of the society, associated with rising GDP growth is essential to realize this objective as also to achieve the goal of lnclusive Growth. Since lndia became part of the global economy and underwent economic reforms in 1891, its economy grew at a faster rate ofnearly 9 per cent per annum till 20 I 0. In the process, India has becotne the fourth largest economy in the world. In the last two decades, a significant proportion of the population across the country has reaped the benefits of this economic growth. They have become the part of global economy and market, and their lives have transformed into one of global citizens with all the comforts and luxury in life. Apart from this burgeoning middle class in the country, the .economic growth seemed to have touched the lives of the poor also. According to the National Sample Survey results, people livmg below poverty line have dramatically come down du.rmg the post economic reform era. Many economists question this dramatic change m poverty level. The fruits of economic growth have not benefited everyone uniformly. Some are left behind and some others are not touched by the benefits of economic growth. It is proved globally that the so-called trickle down effect does not work in all the societies and India is no exception to this. There are various reasons for th is uneven development in the society. Modern economy is technology driven and not labour- intensive. High volume of high quality goods and services are produced with fewer labour hands. In short, the modern economy is not generating much employment and sometimes it displaces and replaces labour with machines and tools . During this period, the unemployment rate remained almost same for rural males and decreased by just one percentage for urban male. On the other hand, unemployment among females increased by one percentage for urban and rural females. During this period, the unemployment rate remained almost same for rural males and decreased by just one percentage for urban male. On the other hand, unemployment among females increased by one percentage for urban and rural females economic development process. Such groups need government intervention to ensure that they are not left behind in the development process and deprived of the benefits because they do not have the capacity to be part of the global economy. The government needs to develop safety nets for such groups and try to mainstream them in the development process. They need welfare measures in the form of poverty alleviation programmes to ensure that they survive if not prosper in this era of economic reform. Further, the poor are not a homogeneous population and their capacity to survive the economic reform varied from one group of poor to another. Especially, those who are below the poverty line or the poorest among the poor need more government help. Growing integration of our economy with the global economy has increased the susceptibility of the economy to the vagaries of global economic forces. Recent global recession adversely affected Indian economy and hence the employment scenario in the country as well. What should be the best title of the passage in your opinion?
Answer» GROWING India Economic REFORMS and UNEVEN development Economic POLICY planning Technologically driven modern economy SOLUTION :The passage talks about the status of economic development, poverty and unemployemnt as issues.

205.	A stated objective of economic policy planning is achievement of high rates of growth of the economy and sustained improvement in the standards ofliving of people. A rapid growth in employment opportunities for all sections of the society, associated with rising GDP growth is essential to realize this objective as also to achieve the goal of lnclusive Growth. Since lndia became part of the global economy and underwent economic reforms in 1891, its economy grew at a faster rate ofnearly 9 per cent per annum till 20 I 0. In the process, India has becotne the fourth largest economy in the world. In the last two decades, a significant proportion of the population across the country has reaped the benefits of this economic growth. They have become the part of global economy and market, and their lives have transformed into one of global citizens with all the comforts and luxury in life. Apart from this burgeoning middle class in the country, the .economic growth seemed to have touched the lives of the poor also. According to the National Sample Survey results, people livmg below poverty line have dramatically come down du.rmg the post economic reform era. Many economists question this dramatic change m poverty level. The fruits of economic growth have not benefited everyone uniformly. Some are left behind and some others are not touched by the benefits of economic growth. It is proved globally that the so-called trickle down effect does not work in all the societies and India is no exception to this. There are various reasons for th is uneven development in the society. Modern economy is technology driven and not labour- intensive. High volume of high quality goods and services are produced with fewer labour hands. In short, the modern economy is not generating much employment and sometimes it displaces and replaces labour with machines and tools . During this period, the unemployment rate remained almost same for rural males and decreased by just one percentage for urban male. On the other hand, unemployment among females increased by one percentage for urban and rural females. During this period, the unemployment rate remained almost same for rural males and decreased by just one percentage for urban male. On the other hand, unemployment among females increased by one percentage for urban and rural females economic development process. Such groups need government intervention to ensure that they are not left behind in the development process and deprived of the benefits because they do not have the capacity to be part of the global economy. The government needs to develop safety nets for such groups and try to mainstream them in the development process. They need welfare measures in the form of poverty alleviation programmes to ensure that they survive if not prosper in this era of economic reform. Further, the poor are not a homogeneous population and their capacity to survive the economic reform varied from one group of poor to another. Especially, those who are below the poverty line or the poorest among the poor need more government help. Growing integration of our economy with the global economy has increased the susceptibility of the economy to the vagaries of global economic forces. Recent global recession adversely affected Indian economy and hence the employment scenario in the country as well. According to the passage, what report do many economists question?
Answer» Dramatic change in poverty level as shown by NATIONAL Sample Survey Growth of economy at nearly 9% per annum uneven development in the SOCIETY Decreasing inflation SOLUTION :It is mentioned in the third paragraph.

206.	A.With so many products and opportunities available in the market, it is very easy to get this planning wrong. B. Planning, therefore, is imperative and should begin as early as possible. C. What amount will we need and when will we need it? D. Most of us would put our own retirement. E. So, let's try to find the best solution by asking two important question. Which of the following should be the THIRD sentence after rearrangement?
Answer» D B C A Answer :D

207.	A.With so many products and opportunities available in the market, it is very easy to get this planning wrong. B. Planning, therefore, is imperative and should begin as early as possible. C. What amount will we need and when will we need it? D. Most of us would put our own retirement. E. So, let's try to find the best solution by asking two important question. Which of the following should be the FIRST sentence after rearrangement?
Answer» A B E D Answer :D

208.	A.With so many products and opportunities available in the market, it is very easy to get this planning wrong. B. Planning, therefore, is imperative and should begin as early as possible. C. What amount will we need and when will we need it? D. Most of us would put our own retirement. E. So, let's try to find the best solution by asking two important question. Which of the following should be the FIFTH sentence after rearrangement?
Answer» A B C E Answer :D

209.	A.With so many products and opportunities available in the market, it is very easy to get this planning wrong. B. Planning, therefore, is imperative and should begin as early as possible. C. What amount will we need and when will we need it? D. Most of us would put our own retirement. E. So, let's try to find the best solution by asking two important question. Which of the following should be the SECOND sentence after rearrangement?
Answer» D B C E Answer :B

210.	A.With so many products and opportunities available in the market, it is very easy to get this planning wrong. B. Planning, therefore, is imperative and should begin as early as possible. C. What amount will we need and when will we need it? D. Most of us would put our own retirement. E. So, let's try to find the best solution by asking two important question. Which of the following should be the FOURTH sentence after rearrangement?
Answer» A B E D Answer :C

211.	(A) TheArgentine peso, which has lost more than half of its value in 2018, for instance, witnessed a sharp loss of more than 10% on Thursday alone. (B) The Indian rupee weakened past the 71 mark for the first time ever on Friday, registering a loss of about 10% of its value against the dollar since the beginning of the year. (C ) This happened despite a 15 percentage point increase in interest rates by Argentina's central bank in order to stem the outflow of capital and shore up the value of the currency. (D) Emergingmarket economies continue to be in the spotlight for the wrong reasonsas their currenciesresume their prolonged slide against theU.S. dollar. (E ) This makes the rupee the worst-performing currency in Asia. Other emergingmarket currencies, most notably the Turkish lira, the Argentine peso and the South African rand, have suffered much larger losses owing to a serious loss of confidence among investors. Which of the following will be the FIFTH (LAST) sentence after the rearrangement ?
Answer» E C A D Answer :C

212.	(A) TheArgentine peso, which has lost more than half of its value in 2018, for instance, witnessed a sharp loss of more than 10% on Thursday alone. (B) The Indian rupee weakened past the 71 mark for the first time ever on Friday, registering a loss of about 10% of its value against the dollar since the beginning of the year. (C ) This happened despite a 15 percentage point increase in interest rates by Argentina's central bank in order to stem the outflow of capital and shore up the value of the currency. (D) Emergingmarket economies continue to be in the spotlight for the wrong reasonsas their currenciesresume their prolonged slide against theU.S. dollar. (E ) This makes the rupee the worst-performing currency in Asia. Other emergingmarket currencies, most notably the Turkish lira, the Argentine peso and the South African rand, have suffered much larger losses owing to a serious loss of confidence among investors. Which of the following will be the FOURTH sentence after the rearrangement ?
Answer» A B D C Answer :A

213.	(A) TheArgentine peso, which has lost more than half of its value in 2018, for instance, witnessed a sharp loss of more than 10% on Thursday alone. (B) The Indian rupee weakened past the 71 mark for the first time ever on Friday, registering a loss of about 10% of its value against the dollar since the beginning of the year. (C ) This happened despite a 15 percentage point increase in interest rates by Argentina's central bank in order to stem the outflow of capital and shore up the value of the currency. (D) Emergingmarket economies continue to be in the spotlight for the wrong reasonsas their currenciesresume their prolonged slide against theU.S. dollar. (E ) This makes the rupee the worst-performing currency in Asia. Other emergingmarket currencies, most notably the Turkish lira, the Argentine peso and the South African rand, have suffered much larger losses owing to a serious loss of confidence among investors. Which of the following will be the THIRD sentence after the rearrangement ?
Answer» D A B E Answer :D

214.	(A) TheArgentine peso, which has lost more than half of its value in 2018, for instance, witnessed a sharp loss of more than 10% on Thursday alone. (B) The Indian rupee weakened past the 71 mark for the first time ever on Friday, registering a loss of about 10% of its value against the dollar since the beginning of the year. (C ) This happened despite a 15 percentage point increase in interest rates by Argentina's central bank in order to stem the outflow of capital and shore up the value of the currency. (D) Emergingmarket economies continue to be in the spotlight for the wrong reasonsas their currenciesresume their prolonged slide against theU.S. dollar. (E ) This makes the rupee the worst-performing currency in Asia. Other emergingmarket currencies, most notably the Turkish lira, the Argentine peso and the South African rand, have suffered much larger losses owing to a serious loss of confidence among investors. Which of the following will be the SECOND sentence after the rearrangement ?
Answer» B D A E Answer :B

215.	Blogs. Digital photo and video sharing. Podcasts. Rip/Mix/Burn. Tagging. Vlogs. Wikis, These buzzwords point to a fundamental social change fueled by cheap personal computers (PCS) and servers, the Internet and its local wired/wireless feeder networks, and powerful, low-cost software. Citizens have morphed from passive media consumers to digital-media producers and publishers. Libraries and scholars have their Own set of buzzwords: digital libraries, digital presses, e-prints, institutional repositories, and open-access (OA) journals, to name a few. They connote the same kind of change: a democratization of publishing and media production using digital technology. It appears that we are on the brink of an exciting new era of Internet innovation: a kind of digital utopia. Gary Flake of Microsoft has provided one striking vision of what could be (with a commercial twist) in a presentation entitled "How I Learned to Stop Worrying and Love the Imminent Internet Singularity," and there are many other visions of possible future Internet advances. I When did this metamorphosis begin? It depends on who you ask. Let's say the late 1980s, when the Internet began to get serious traction and an early flowering of non-commercial digital publishing occurred. In the subsequent twenty-odd years, publishing and media production went from being highly centralized, capital- intensive analog activities with limited and well-defined distribution channels, to being diffuse, relatively low-cost digital activities with the global Internet as their distribution medium. Not to say that print and conventional media are dead, of course, but it is clear that their era of dominance is waning. The future is digital. Nor is it to say that entertainment companies (e.g., film, music, radio, and television companies) and information companies (e.g., book, database, and serial publishers) have ceded the digital-content battlefield to the upstarts. Quite the contrary. High-quality, thousand-page-per- volume scientific journals and Hollywood blockbusters cannot be produced for pennies, even with digital wizardry. Information and entertainment companies still have an important role to play, and, even if they didn't, they hold the copyrights to a significant chunk of our cultural heritage. Entertainment and information companies have understood for some time that they must adapt to the digital environment or die, but this change has not always been easy, especially when it involves concocting and embracing new business models. Nonetheless, they intend to thrive and prosper-and to do whatever it takes to succeed. As they should, since they have an obligation to their shareholders to do so. The thing about the future is that it is rooted in the past. Culture, even digital culture, builds on what has gone before. Unconstrained access to past works helps determine the richness of future works. Inversely, when past works are inaccessible except to a privileged minority, future works are impoverished. This brings us to a second trend that stands in opposition to the first. Put simply, it is the view that intellectual works are property, that this property should be protected with the full force of civil and criminal law, that creators have perpetual, transferable property rights, and that contracts, rather than copyright law, should govern the use of intellectual works. Which of the following is most opposite in meaning to the word 'waning' given in bold as used in the passage?
Answer» Ebbing RECEDING DWINDLING Accentuating Solution :Waning MEANS to "decrease in strength" WHEREAS "accentuating" means to MAKE more· "noticeable" or"prominent".

216.	Blogs. Digital photo and video sharing. Podcasts. Rip/Mix/Burn. Tagging. Vlogs. Wikis, These buzzwords point to a fundamental social change fueled by cheap personal computers (PCS) and servers, the Internet and its local wired/wireless feeder networks, and powerful, low-cost software. Citizens have morphed from passive media consumers to digital-media producers and publishers. Libraries and scholars have their Own set of buzzwords: digital libraries, digital presses, e-prints, institutional repositories, and open-access (OA) journals, to name a few. They connote the same kind of change: a democratization of publishing and media production using digital technology. It appears that we are on the brink of an exciting new era of Internet innovation: a kind of digital utopia. Gary Flake of Microsoft has provided one striking vision of what could be (with a commercial twist) in a presentation entitled "How I Learned to Stop Worrying and Love the Imminent Internet Singularity," and there are many other visions of possible future Internet advances. I When did this metamorphosis begin? It depends on who you ask. Let's say the late 1980s, when the Internet began to get serious traction and an early flowering of non-commercial digital publishing occurred. In the subsequent twenty-odd years, publishing and media production went from being highly centralized, capital- intensive analog activities with limited and well-defined distribution channels, to being diffuse, relatively low-cost digital activities with the global Internet as their distribution medium. Not to say that print and conventional media are dead, of course, but it is clear that their era of dominance is waning. The future is digital. Nor is it to say that entertainment companies (e.g., film, music, radio, and television companies) and information companies (e.g., book, database, and serial publishers) have ceded the digital-content battlefield to the upstarts. Quite the contrary. High-quality, thousand-page-per- volume scientific journals and Hollywood blockbusters cannot be produced for pennies, even with digital wizardry. Information and entertainment companies still have an important role to play, and, even if they didn't, they hold the copyrights to a significant chunk of our cultural heritage. Entertainment and information companies have understood for some time that they must adapt to the digital environment or die, but this change has not always been easy, especially when it involves concocting and embracing new business models. Nonetheless, they intend to thrive and prosper-and to do whatever it takes to succeed. As they should, since they have an obligation to their shareholders to do so. The thing about the future is that it is rooted in the past. Culture, even digital culture, builds on what has gone before. Unconstrained access to past works helps determine the richness of future works. Inversely, when past works are inaccessible except to a privileged minority, future works are impoverished. This brings us to a second trend that stands in opposition to the first. Put simply, it is the view that intellectual works are property, that this property should be protected with the full force of civil and criminal law, that creators have perpetual, transferable property rights, and that contracts, rather than copyright law, should govern the use of intellectual works. Which of the following statements can be inferred from the given passage? i. The inseparability of the past and the future works has worked out in the favour of conventional media ii. The digital technology has empowered the citizens by enabling their active participation in it iii. Print and conventional media had enjoyed monopoly before the arrival of digital technology
Answer» Only (i) Only (i) and (ii) Only(i) and (iii) All (i), (ii) and_(iii) Solution :s·tatement (i) can be inferred from the following statements of the passage, "Information and entertainment Companies still have an important role to PLAY, and, even if they didn't, they HOLD the copyrights to a significant chunk of our cultural heritage." Moreover, it has been again STATED in the passage that, "The thing about the future is that it is rooted in the past. Culture, even digital culture, builds on what has gone before." Hence, option (i) is correct. STATEMENT (ii) can be inferred from the following statement, "Citizens have morphed from passive media consumers to digital-media producers and publishers". Statement (iii) can be inferred from the following statements of the passage, ''Not tosay that print and conventional media are dead, of course, but it is clear that their era of dominance is waning."

217.	Blogs. Digital photo and video sharing. Podcasts. Rip/Mix/Burn. Tagging. Vlogs. Wikis, These buzzwords point to a fundamental social change fueled by cheap personal computers (PCS) and servers, the Internet and its local wired/wireless feeder networks, and powerful, low-cost software. Citizens have morphed from passive media consumers to digital-media producers and publishers. Libraries and scholars have their Own set of buzzwords: digital libraries, digital presses, e-prints, institutional repositories, and open-access (OA) journals, to name a few. They connote the same kind of change: a democratization of publishing and media production using digital technology. It appears that we are on the brink of an exciting new era of Internet innovation: a kind of digital utopia. Gary Flake of Microsoft has provided one striking vision of what could be (with a commercial twist) in a presentation entitled "How I Learned to Stop Worrying and Love the Imminent Internet Singularity," and there are many other visions of possible future Internet advances. I When did this metamorphosis begin? It depends on who you ask. Let's say the late 1980s, when the Internet began to get serious traction and an early flowering of non-commercial digital publishing occurred. In the subsequent twenty-odd years, publishing and media production went from being highly centralized, capital- intensive analog activities with limited and well-defined distribution channels, to being diffuse, relatively low-cost digital activities with the global Internet as their distribution medium. Not to say that print and conventional media are dead, of course, but it is clear that their era of dominance is waning. The future is digital. Nor is it to say that entertainment companies (e.g., film, music, radio, and television companies) and information companies (e.g., book, database, and serial publishers) have ceded the digital-content battlefield to the upstarts. Quite the contrary. High-quality, thousand-page-per- volume scientific journals and Hollywood blockbusters cannot be produced for pennies, even with digital wizardry. Information and entertainment companies still have an important role to play, and, even if they didn't, they hold the copyrights to a significant chunk of our cultural heritage. Entertainment and information companies have understood for some time that they must adapt to the digital environment or die, but this change has not always been easy, especially when it involves concocting and embracing new business models. Nonetheless, they intend to thrive and prosper-and to do whatever it takes to succeed. As they should, since they have an obligation to their shareholders to do so. The thing about the future is that it is rooted in the past. Culture, even digital culture, builds on what has gone before. Unconstrained access to past works helps determine the richness of future works. Inversely, when past works are inaccessible except to a privileged minority, future works are impoverished. This brings us to a second trend that stands in opposition to the first. Put simply, it is the view that intellectual works are property, that this property should be protected with the full force of civil and criminal law, that creators have perpetual, transferable property rights, and that contracts, rather than copyright law, should govern the use of intellectual works. What is the motive of the author behind writing this passage?
Answer» To highlight the plight of entertainment and information companies caused by the advent of digital technology To show how digital utopia can be achieved To analyse the impact of digital technology on conventional media in the light of copyright laws To examine the CONFLICTING situation of intellectual PROPERTY rights and universal accessibility SOLUTION :The central theme that runs through the passage is digital technology and its impact ori conventional media which is analysed · while CONCLUDING by JUXTAPOSING it to the challenge of copyright laws.

218.	Blogs. Digital photo and video sharing. Podcasts. Rip/Mix/Burn. Tagging. Vlogs. Wikis, These buzzwords point to a fundamental social change fueled by cheap personal computers (PCS) and servers, the Internet and its local wired/wireless feeder networks, and powerful, low-cost software. Citizens have morphed from passive media consumers to digital-media producers and publishers. Libraries and scholars have their Own set of buzzwords: digital libraries, digital presses, e-prints, institutional repositories, and open-access (OA) journals, to name a few. They connote the same kind of change: a democratization of publishing and media production using digital technology. It appears that we are on the brink of an exciting new era of Internet innovation: a kind of digital utopia. Gary Flake of Microsoft has provided one striking vision of what could be (with a commercial twist) in a presentation entitled "How I Learned to Stop Worrying and Love the Imminent Internet Singularity," and there are many other visions of possible future Internet advances. I When did this metamorphosis begin? It depends on who you ask. Let's say the late 1980s, when the Internet began to get serious traction and an early flowering of non-commercial digital publishing occurred. In the subsequent twenty-odd years, publishing and media production went from being highly centralized, capital- intensive analog activities with limited and well-defined distribution channels, to being diffuse, relatively low-cost digital activities with the global Internet as their distribution medium. Not to say that print and conventional media are dead, of course, but it is clear that their era of dominance is waning. The future is digital. Nor is it to say that entertainment companies (e.g., film, music, radio, and television companies) and information companies (e.g., book, database, and serial publishers) have ceded the digital-content battlefield to the upstarts. Quite the contrary. High-quality, thousand-page-per- volume scientific journals and Hollywood blockbusters cannot be produced for pennies, even with digital wizardry. Information and entertainment companies still have an important role to play, and, even if they didn't, they hold the copyrights to a significant chunk of our cultural heritage. Entertainment and information companies have understood for some time that they must adapt to the digital environment or die, but this change has not always been easy, especially when it involves concocting and embracing new business models. Nonetheless, they intend to thrive and prosper-and to do whatever it takes to succeed. As they should, since they have an obligation to their shareholders to do so. The thing about the future is that it is rooted in the past. Culture, even digital culture, builds on what has gone before. Unconstrained access to past works helps determine the richness of future works. Inversely, when past works are inaccessible except to a privileged minority, future works are impoverished. This brings us to a second trend that stands in opposition to the first. Put simply, it is the view that intellectual works are property, that this property should be protected with the full force of civil and criminal law, that creators have perpetual, transferable property rights, and that contracts, rather than copyright law, should govern the use of intellectual works.According to the passage, the richness of future works can be ensured by
Answer» the IMPLEMENTATION of perpetual, TRANSFERRABLE property rights learning from the PAST as the future is rooted in it preserving our digital heritage enabling access to past works without constraints Solution :It can be interpreted from the following statement of the passage, "Unconstrained access to past works helps determine the richness of future works."

219.	Blogs. Digital photo and video sharing. Podcasts. Rip/Mix/Burn. Tagging. Vlogs. Wikis, These buzzwords point to a fundamental social change fueled by cheap personal computers (PCS) and servers, the Internet and its local wired/wireless feeder networks, and powerful, low-cost software. Citizens have morphed from passive media consumers to digital-media producers and publishers. Libraries and scholars have their Own set of buzzwords: digital libraries, digital presses, e-prints, institutional repositories, and open-access (OA) journals, to name a few. They connote the same kind of change: a democratization of publishing and media production using digital technology. It appears that we are on the brink of an exciting new era of Internet innovation: a kind of digital utopia. Gary Flake of Microsoft has provided one striking vision of what could be (with a commercial twist) in a presentation entitled "How I Learned to Stop Worrying and Love the Imminent Internet Singularity," and there are many other visions of possible future Internet advances. I When did this metamorphosis begin? It depends on who you ask. Let's say the late 1980s, when the Internet began to get serious traction and an early flowering of non-commercial digital publishing occurred. In the subsequent twenty-odd years, publishing and media production went from being highly centralized, capital- intensive analog activities with limited and well-defined distribution channels, to being diffuse, relatively low-cost digital activities with the global Internet as their distribution medium. Not to say that print and conventional media are dead, of course, but it is clear that their era of dominance is waning. The future is digital. Nor is it to say that entertainment companies (e.g., film, music, radio, and television companies) and information companies (e.g., book, database, and serial publishers) have ceded the digital-content battlefield to the upstarts. Quite the contrary. High-quality, thousand-page-per- volume scientific journals and Hollywood blockbusters cannot be produced for pennies, even with digital wizardry. Information and entertainment companies still have an important role to play, and, even if they didn't, they hold the copyrights to a significant chunk of our cultural heritage. Entertainment and information companies have understood for some time that they must adapt to the digital environment or die, but this change has not always been easy, especially when it involves concocting and embracing new business models. Nonetheless, they intend to thrive and prosper-and to do whatever it takes to succeed. As they should, since they have an obligation to their shareholders to do so. The thing about the future is that it is rooted in the past. Culture, even digital culture, builds on what has gone before. Unconstrained access to past works helps determine the richness of future works. Inversely, when past works are inaccessible except to a privileged minority, future works are impoverished. This brings us to a second trend that stands in opposition to the first. Put simply, it is the view that intellectual works are property, that this property should be protected with the full force of civil and criminal law, that creators have perpetual, transferable property rights, and that contracts, rather than copyright law, should govern the use of intellectual works.Which of the foUowing is most opposite in m~aning to the word 'dominance' given in bold as used in the passage?
Answer» HEGEMONY Primacy SUBJUGATION Subservience SOLUTION :All other words except "subservience" are SYNONYMS of"dmninance".

220.	Blogs. Digital photo and video sharing. Podcasts. Rip/Mix/Burn. Tagging. Vlogs. Wikis, These buzzwords point to a fundamental social change fueled by cheap personal computers (PCS) and servers, the Internet and its local wired/wireless feeder networks, and powerful, low-cost software. Citizens have morphed from passive media consumers to digital-media producers and publishers. Libraries and scholars have their Own set of buzzwords: digital libraries, digital presses, e-prints, institutional repositories, and open-access (OA) journals, to name a few. They connote the same kind of change: a democratization of publishing and media production using digital technology. It appears that we are on the brink of an exciting new era of Internet innovation: a kind of digital utopia. Gary Flake of Microsoft has provided one striking vision of what could be (with a commercial twist) in a presentation entitled "How I Learned to Stop Worrying and Love the Imminent Internet Singularity," and there are many other visions of possible future Internet advances. I When did this metamorphosis begin? It depends on who you ask. Let's say the late 1980s, when the Internet began to get serious traction and an early flowering of non-commercial digital publishing occurred. In the subsequent twenty-odd years, publishing and media production went from being highly centralized, capital- intensive analog activities with limited and well-defined distribution channels, to being diffuse, relatively low-cost digital activities with the global Internet as their distribution medium. Not to say that print and conventional media are dead, of course, but it is clear that their era of dominance is waning. The future is digital. Nor is it to say that entertainment companies (e.g., film, music, radio, and television companies) and information companies (e.g., book, database, and serial publishers) have ceded the digital-content battlefield to the upstarts. Quite the contrary. High-quality, thousand-page-per- volume scientific journals and Hollywood blockbusters cannot be produced for pennies, even with digital wizardry. Information and entertainment companies still have an important role to play, and, even if they didn't, they hold the copyrights to a significant chunk of our cultural heritage. Entertainment and information companies have understood for some time that they must adapt to the digital environment or die, but this change has not always been easy, especially when it involves concocting and embracing new business models. Nonetheless, they intend to thrive and prosper-and to do whatever it takes to succeed. As they should, since they have an obligation to their shareholders to do so. The thing about the future is that it is rooted in the past. Culture, even digital culture, builds on what has gone before. Unconstrained access to past works helps determine the richness of future works. Inversely, when past works are inaccessible except to a privileged minority, future works are impoverished. This brings us to a second trend that stands in opposition to the first. Put simply, it is the view that intellectual works are property, that this property should be protected with the full force of civil and criminal law, that creators have perpetual, transferable property rights, and that contracts, rather than copyright law, should govern the use of intellectual works. Which of the following is most similar in meaning to the word 'connote' given in bold as used in the passage?
Answer» Provoke Predicate Infer Instigate Solution :"CONNOT" means to IMP y or suggest whereas "infer" is used f.or deducing from the explicit statements. HENCE, the WORD ''Predicate" is the most similar word.

221.	Blogs. Digital photo and video sharing. Podcasts. Rip/Mix/Burn. Tagging. Vlogs. Wikis, These buzzwords point to a fundamental social change fueled by cheap personal computers (PCS) and servers, the Internet and its local wired/wireless feeder networks, and powerful, low-cost software. Citizens have morphed from passive media consumers to digital-media producers and publishers. Libraries and scholars have their Own set of buzzwords: digital libraries, digital presses, e-prints, institutional repositories, and open-access (OA) journals, to name a few. They connote the same kind of change: a democratization of publishing and media production using digital technology. It appears that we are on the brink of an exciting new era of Internet innovation: a kind of digital utopia. Gary Flake of Microsoft has provided one striking vision of what could be (with a commercial twist) in a presentation entitled "How I Learned to Stop Worrying and Love the Imminent Internet Singularity," and there are many other visions of possible future Internet advances. I When did this metamorphosis begin? It depends on who you ask. Let's say the late 1980s, when the Internet began to get serious traction and an early flowering of non-commercial digital publishing occurred. In the subsequent twenty-odd years, publishing and media production went from being highly centralized, capital- intensive analog activities with limited and well-defined distribution channels, to being diffuse, relatively low-cost digital activities with the global Internet as their distribution medium. Not to say that print and conventional media are dead, of course, but it is clear that their era of dominance is waning. The future is digital. Nor is it to say that entertainment companies (e.g., film, music, radio, and television companies) and information companies (e.g., book, database, and serial publishers) have ceded the digital-content battlefield to the upstarts. Quite the contrary. High-quality, thousand-page-per- volume scientific journals and Hollywood blockbusters cannot be produced for pennies, even with digital wizardry. Information and entertainment companies still have an important role to play, and, even if they didn't, they hold the copyrights to a significant chunk of our cultural heritage. Entertainment and information companies have understood for some time that they must adapt to the digital environment or die, but this change has not always been easy, especially when it involves concocting and embracing new business models. Nonetheless, they intend to thrive and prosper-and to do whatever it takes to succeed. As they should, since they have an obligation to their shareholders to do so. The thing about the future is that it is rooted in the past. Culture, even digital culture, builds on what has gone before. Unconstrained access to past works helps determine the richness of future works. Inversely, when past works are inaccessible except to a privileged minority, future works are impoverished. This brings us to a second trend that stands in opposition to the first. Put simply, it is the view that intellectual works are property, that this property should be protected with the full force of civil and criminal law, that creators have perpetual, transferable property rights, and that contracts, rather than copyright law, should govern the use of intellectual works. Which of the following is most similar in meaning to the word 'ceded' given in bold as used in the passage?
Answer» Conveyed Acquired CONTENDED Relinquished Solution :Ceded refers to "give up" or "YIELD" WHEREAS "contended" means the CONTRARY. HENCE, "relinquish" is the most similar word .

222.	Blogs. Digital photo and video sharing. Podcasts. Rip/Mix/Burn. Tagging. Vlogs. Wikis, These buzzwords point to a fundamental social change fueled by cheap personal computers (PCS) and servers, the Internet and its local wired/wireless feeder networks, and powerful, low-cost software. Citizens have morphed from passive media consumers to digital-media producers and publishers. Libraries and scholars have their Own set of buzzwords: digital libraries, digital presses, e-prints, institutional repositories, and open-access (OA) journals, to name a few. They connote the same kind of change: a democratization of publishing and media production using digital technology. It appears that we are on the brink of an exciting new era of Internet innovation: a kind of digital utopia. Gary Flake of Microsoft has provided one striking vision of what could be (with a commercial twist) in a presentation entitled "How I Learned to Stop Worrying and Love the Imminent Internet Singularity," and there are many other visions of possible future Internet advances. I When did this metamorphosis begin? It depends on who you ask. Let's say the late 1980s, when the Internet began to get serious traction and an early flowering of non-commercial digital publishing occurred. In the subsequent twenty-odd years, publishing and media production went from being highly centralized, capital- intensive analog activities with limited and well-defined distribution channels, to being diffuse, relatively low-cost digital activities with the global Internet as their distribution medium. Not to say that print and conventional media are dead, of course, but it is clear that their era of dominance is waning. The future is digital. Nor is it to say that entertainment companies (e.g., film, music, radio, and television companies) and information companies (e.g., book, database, and serial publishers) have ceded the digital-content battlefield to the upstarts. Quite the contrary. High-quality, thousand-page-per- volume scientific journals and Hollywood blockbusters cannot be produced for pennies, even with digital wizardry. Information and entertainment companies still have an important role to play, and, even if they didn't, they hold the copyrights to a significant chunk of our cultural heritage. Entertainment and information companies have understood for some time that they must adapt to the digital environment or die, but this change has not always been easy, especially when it involves concocting and embracing new business models. Nonetheless, they intend to thrive and prosper-and to do whatever it takes to succeed. As they should, since they have an obligation to their shareholders to do so. The thing about the future is that it is rooted in the past. Culture, even digital culture, builds on what has gone before. Unconstrained access to past works helps determine the richness of future works. Inversely, when past works are inaccessible except to a privileged minority, future works are impoverished. This brings us to a second trend that stands in opposition to the first. Put simply, it is the view that intellectual works are property, that this property should be protected with the full force of civil and criminal law, that creators have perpetual, transferable property rights, and that contracts, rather than copyright law, should govern the use of intellectual works.Which of the following is most similar in meaning to the word 'concocting' given in bold as used in the passage?
Answer» Faking Pretending DEVISING Manipulating Solution :Concocting stands for "creating or devising" whereas "manipulating" has a NEGATIVE CONNOTATION that MEANS "to control or influence". Hence, "devising" is the most SIMILAR word.

223.	Blogs. Digital photo and video sharing. Podcasts. Rip/Mix/Burn. Tagging. Vlogs. Wikis, These buzzwords point to a fundamental social change fueled by cheap personal computers (PCS) and servers, the Internet and its local wired/wireless feeder networks, and powerful, low-cost software. Citizens have morphed from passive media consumers to digital-media producers and publishers. Libraries and scholars have their Own set of buzzwords: digital libraries, digital presses, e-prints, institutional repositories, and open-access (OA) journals, to name a few. They connote the same kind of change: a democratization of publishing and media production using digital technology. It appears that we are on the brink of an exciting new era of Internet innovation: a kind of digital utopia. Gary Flake of Microsoft has provided one striking vision of what could be (with a commercial twist) in a presentation entitled "How I Learned to Stop Worrying and Love the Imminent Internet Singularity," and there are many other visions of possible future Internet advances. I When did this metamorphosis begin? It depends on who you ask. Let's say the late 1980s, when the Internet began to get serious traction and an early flowering of non-commercial digital publishing occurred. In the subsequent twenty-odd years, publishing and media production went from being highly centralized, capital- intensive analog activities with limited and well-defined distribution channels, to being diffuse, relatively low-cost digital activities with the global Internet as their distribution medium. Not to say that print and conventional media are dead, of course, but it is clear that their era of dominance is waning. The future is digital. Nor is it to say that entertainment companies (e.g., film, music, radio, and television companies) and information companies (e.g., book, database, and serial publishers) have ceded the digital-content battlefield to the upstarts. Quite the contrary. High-quality, thousand-page-per- volume scientific journals and Hollywood blockbusters cannot be produced for pennies, even with digital wizardry. Information and entertainment companies still have an important role to play, and, even if they didn't, they hold the copyrights to a significant chunk of our cultural heritage. Entertainment and information companies have understood for some time that they must adapt to the digital environment or die, but this change has not always been easy, especially when it involves concocting and embracing new business models. Nonetheless, they intend to thrive and prosper-and to do whatever it takes to succeed. As they should, since they have an obligation to their shareholders to do so. The thing about the future is that it is rooted in the past. Culture, even digital culture, builds on what has gone before. Unconstrained access to past works helps determine the richness of future works. Inversely, when past works are inaccessible except to a privileged minority, future works are impoverished. This brings us to a second trend that stands in opposition to the first. Put simply, it is the view that intellectual works are property, that this property should be protected with the full force of civil and criminal law, that creators have perpetual, transferable property rights, and that contracts, rather than copyright law, should govern the use of intellectual works. An important factor bolstering the position of entertainment and information companies against the digital content is-
Answer» the inaccessibility of digital content by millions of people the issues of intellectual rights with respect to digital content the high cost attached with the high quality journals, Hollywood blockbusters etc the vulnerability of the dis.tribution medium i.e the global internet SOLUTION :It can be interpreted from the following statements of the passage "Nor is it to say that entertainment COMPANIES (e.g., film, MUSIC, radio, and television companie.s) and information companies (e.g., book, database, and serial publishers) have ceded the digital-content BATTLEFIELD to the upstarts. Quite the contrary. High-qua! ity, thousand-page-per-volume SCIENTIFIC journals and Hollywood blockbusters cannot be produced for pennies, even with digital wizardry."

224.	Blogs. Digital photo and video sharing. Podcasts. Rip/Mix/Burn. Tagging. Vlogs. Wikis, These buzzwords point to a fundamental social change fueled by cheap personal computers (PCS) and servers, the Internet and its local wired/wireless feeder networks, and powerful, low-cost software. Citizens have morphed from passive media consumers to digital-media producers and publishers. Libraries and scholars have their Own set of buzzwords: digital libraries, digital presses, e-prints, institutional repositories, and open-access (OA) journals, to name a few. They connote the same kind of change: a democratization of publishing and media production using digital technology. It appears that we are on the brink of an exciting new era of Internet innovation: a kind of digital utopia. Gary Flake of Microsoft has provided one striking vision of what could be (with a commercial twist) in a presentation entitled "How I Learned to Stop Worrying and Love the Imminent Internet Singularity," and there are many other visions of possible future Internet advances. I When did this metamorphosis begin? It depends on who you ask. Let's say the late 1980s, when the Internet began to get serious traction and an early flowering of non-commercial digital publishing occurred. In the subsequent twenty-odd years, publishing and media production went from being highly centralized, capital- intensive analog activities with limited and well-defined distribution channels, to being diffuse, relatively low-cost digital activities with the global Internet as their distribution medium. Not to say that print and conventional media are dead, of course, but it is clear that their era of dominance is waning. The future is digital. Nor is it to say that entertainment companies (e.g., film, music, radio, and television companies) and information companies (e.g., book, database, and serial publishers) have ceded the digital-content battlefield to the upstarts. Quite the contrary. High-quality, thousand-page-per- volume scientific journals and Hollywood blockbusters cannot be produced for pennies, even with digital wizardry. Information and entertainment companies still have an important role to play, and, even if they didn't, they hold the copyrights to a significant chunk of our cultural heritage. Entertainment and information companies have understood for some time that they must adapt to the digital environment or die, but this change has not always been easy, especially when it involves concocting and embracing new business models. Nonetheless, they intend to thrive and prosper-and to do whatever it takes to succeed. As they should, since they have an obligation to their shareholders to do so. The thing about the future is that it is rooted in the past. Culture, even digital culture, builds on what has gone before. Unconstrained access to past works helps determine the richness of future works. Inversely, when past works are inaccessible except to a privileged minority, future works are impoverished. This brings us to a second trend that stands in opposition to the first. Put simply, it is the view that intellectual works are property, that this property should be protected with the full force of civil and criminal law, that creators have perpetual, transferable property rights, and that contracts, rather than copyright law, should govern the use of intellectual works. Which of the following has been one of the consequences of the availability of cheap and powerfu l di gital technology? i. Publishing and media production is no more a privilege of the few ii. It has brought print and conventional media to an end iii. The quality of the content of publishing and media production has severely deteriorated
Answer» Only (i) Only (i) and (II) All (i), (ii) and (iii) Only (i) and (iii) Solution :In the first few LINES of the passage, it has been stated that·"cheap personal computers (PCS) and servers, the Internet and its LOCAL wired/wireless feeder networks, and powerful, low-cost software ... " has resulted into "a democratization of publishing and media production using digital technology" which implies that it is no more a privilege of the few.

225.	A senior citizen's son ________ threatened her every day and physically harmed her, forcing her to transfer her property to him. (A) superficially (B) mistakenly (C ) allegedly (D) miserably (E ) doubtfully (F) purportedly
Answer» (C ) and (F) (A) and (E ) (C ) and (F) (D) and (F) ANSWER :A

226.	Brexit has evoked a spate of comments. These comments fall into broadly two categories. The first set of comments focusses on the short-term and medium-term impact ofBrexit on the U.K., Europe and the rest of the world including fndia. The second goes into the reasons behind this decision of the British. Globalisation has been interpreted in many ways. In broad terms, globalisation denotes the free movement of goods, services, capital, funds, ideas, technology and people across countries. Many people think globalisation is a recent phenomenon. This is not true. This has been going on for centuries. What has made it unique in recent times is the speed of the movement. Great Britain and many other countries in Europe have reached the present level of economic development only because of this free movement. In both demographic and geographic terms, Britain is a small country. It is not the size of the domestic market that determined its growth. London could not have emerged as the financial centre of the world but for the free flow of capital. The gamut of financial services offered by London is geared to meet world demand and not that of Britain alone. Even after the exit from the EU, Britain cannot remain as an isolated island. It has to be part of an international trade regime which allows for free trade. What then could have motivated a little more than 50 per cent of the population to come out of the EU? It has something to do with the nature of the relationship within the EU. The EU has evolved over the last seven decades. From a loose arrangement, it has become a tight bureaucratic organisation with its www.bankersadda.com \| www.sscadda.com \|www. Jurisdiction extending to multifarious activities. When the euro was created as a common currency, Britain opted out of it. The European Central Bank sets a common monetary policy stance for all member countries. This itself has been a source of irritation to many member countries. This came out prominently at the time of the Greek crisis. With the loss of one instrument of control - namely, the exchange rate variation - the entire burden of adjustment had to be through employment and output changes. As one commentator put it, the EU has moved up its aspiration from the idea of'common' market to 'single' market. It is this transition which half of Britain has resented. The complex set of regulations emanating from Brussels has made at least a section of the British people feel that they have lost 'independence'. Some of the elite of Britain who voted to 'leave' feel this way. They think that control has moved to unelected bureaucrats in Brussels. What has induced the 'non-elite' to vote for Brexit was the EU's migration policy. The free movement of people has been the last straw that broke the camel's back. The low-paid jobs in the U.K. have been taken over by migrants predominantly from Eastern Europe. In an economy which has been growing slowly (even though the U.K. is a better performer than other European countries in recent years), this has come as a shock. The spirit of 'nationalism' still runs high. The poor in Britain feel that they have been cheatep by the migrants. Absorbing migrants is not new for Britain. The Asian and African migrants constitute a significant proportion of the population All this happened when the economy was stTong and growing. But this is not the situation now, and lhe resentmenl is in one sense natural. However, looked at globally, lhe poor in the cowitries from which people migrate have benefited. The British have also gained to the extent that the free movement' of people has enabled highly skilled professionals to find positions all over Europe. The 'leave' vote thus was motivated by two considerations: one, the degree of integration that the EU was trying to impose, and two, the migration policy which allowed a free movement of people across countries. Globalisation is not really the devil. If the EU arrangement had been restricted only to free movement of goods, services, capital and funds, it could not have led to any deep resentment. It is the attempt at greater economic integration that has been interpreted as a loss of sovereignty and resented. Globalisation, with its emphasis on efficiency (since goods and services will get produced at the least cost centres), can lead to greater inequality theoretically. Within a country also, the more efficient including professionals gain disproportionately. This situation gets worse if economies are growing slowly. The U.S. has always prided itself on saying that the system they have is 'people's capitalism'. Inequalities do not matter much when economies are growing strongly and when new entrants to the labour force find employment easily. Countervailing measures are needed to take care of the adverse impact of globalisation. For this reason, we cannot throw the baby out with the bathwater. The developed countries face a serious dilemma. They have reached a stage in their development when further growth will be slow. This will have implications for absorbing the labour that gets added to the market. Complicating the situation is technological development which is increasingly labour-saving. New technologies have a twofold impact. First, they reduce the demand for labour in general. Second, in particular they make unskilled and semi-skilled work redundant. They demand new skills for which retraining may be needed. Distribution of income has thus become an issue which needs to be dealt with directly. Brexit is not a blow against globalisation per se. Labour does not stand in the same category as capital, even though both are factors of production. Migration hurts when the economy is at a low ebb. Britain, along with other developed countries, faces a basic problem of coping with a growth potential which is far lower than the growth rate they had seen before 2008. EVOKED
Answer» Aplomb SUBDUE EXTINGUISH Elicit Solution :evoked means BRING or recall ( a feeling, memory, or image) to the conscious mind HENCE elicit is the word most similar in meaning

227.	Brexit has evoked a spate of comments. These comments fall into broadly two categories. The first set of comments focusses on the short-term and medium-term impact ofBrexit on the U.K., Europe and the rest of the world including fndia. The second goes into the reasons behind this decision of the British. Globalisation has been interpreted in many ways. In broad terms, globalisation denotes the free movement of goods, services, capital, funds, ideas, technology and people across countries. Many people think globalisation is a recent phenomenon. This is not true. This has been going on for centuries. What has made it unique in recent times is the speed of the movement. Great Britain and many other countries in Europe have reached the present level of economic development only because of this free movement. In both demographic and geographic terms, Britain is a small country. It is not the size of the domestic market that determined its growth. London could not have emerged as the financial centre of the world but for the free flow of capital. The gamut of financial services offered by London is geared to meet world demand and not that of Britain alone. Even after the exit from the EU, Britain cannot remain as an isolated island. It has to be part of an international trade regime which allows for free trade. What then could have motivated a little more than 50 per cent of the population to come out of the EU? It has something to do with the nature of the relationship within the EU. The EU has evolved over the last seven decades. From a loose arrangement, it has become a tight bureaucratic organisation with its www.bankersadda.com \| www.sscadda.com \|www. Jurisdiction extending to multifarious activities. When the euro was created as a common currency, Britain opted out of it. The European Central Bank sets a common monetary policy stance for all member countries. This itself has been a source of irritation to many member countries. This came out prominently at the time of the Greek crisis. With the loss of one instrument of control - namely, the exchange rate variation - the entire burden of adjustment had to be through employment and output changes. As one commentator put it, the EU has moved up its aspiration from the idea of'common' market to 'single' market. It is this transition which half of Britain has resented. The complex set of regulations emanating from Brussels has made at least a section of the British people feel that they have lost 'independence'. Some of the elite of Britain who voted to 'leave' feel this way. They think that control has moved to unelected bureaucrats in Brussels. What has induced the 'non-elite' to vote for Brexit was the EU's migration policy. The free movement of people has been the last straw that broke the camel's back. The low-paid jobs in the U.K. have been taken over by migrants predominantly from Eastern Europe. In an economy which has been growing slowly (even though the U.K. is a better performer than other European countries in recent years), this has come as a shock. The spirit of 'nationalism' still runs high. The poor in Britain feel that they have been cheatep by the migrants. Absorbing migrants is not new for Britain. The Asian and African migrants constitute a significant proportion of the population All this happened when the economy was stTong and growing. But this is not the situation now, and lhe resentmenl is in one sense natural. However, looked at globally, lhe poor in the cowitries from which people migrate have benefited. The British have also gained to the extent that the free movement' of people has enabled highly skilled professionals to find positions all over Europe. The 'leave' vote thus was motivated by two considerations: one, the degree of integration that the EU was trying to impose, and two, the migration policy which allowed a free movement of people across countries. Globalisation is not really the devil. If the EU arrangement had been restricted only to free movement of goods, services, capital and funds, it could not have led to any deep resentment. It is the attempt at greater economic integration that has been interpreted as a loss of sovereignty and resented. Globalisation, with its emphasis on efficiency (since goods and services will get produced at the least cost centres), can lead to greater inequality theoretically. Within a country also, the more efficient including professionals gain disproportionately. This situation gets worse if economies are growing slowly. The U.S. has always prided itself on saying that the system they have is 'people's capitalism'. Inequalities do not matter much when economies are growing strongly and when new entrants to the labour force find employment easily. Countervailing measures are needed to take care of the adverse impact of globalisation. For this reason, we cannot throw the baby out with the bathwater. The developed countries face a serious dilemma. They have reached a stage in their development when further growth will be slow. This will have implications for absorbing the labour that gets added to the market. Complicating the situation is technological development which is increasingly labour-saving. New technologies have a twofold impact. First, they reduce the demand for labour in general. Second, in particular they make unskilled and semi-skilled work redundant. They demand new skills for which retraining may be needed. Distribution of income has thus become an issue which needs to be dealt with directly. Brexit is not a blow against globalisation per se. Labour does not stand in the same category as capital, even though both are factors of production. Migration hurts when the economy is at a low ebb. Britain, along with other developed countries, faces a basic problem of coping with a growth potential which is far lower than the growth rate they had seen before 2008. What is the peril of migration?
Answer» Complications in the technological development. Increase in the INEQUALITY in the economies GROWING at a FASTER rate like Britain. Redundant semi-skilled and skilled work in GENERAL. None of these. Solution :None of the options MENTIONED above are correct.

228.	Brexit has evoked a spate of comments. These comments fall into broadly two categories. The first set of comments focusses on the short-term and medium-term impact ofBrexit on the U.K., Europe and the rest of the world including fndia. The second goes into the reasons behind this decision of the British. Globalisation has been interpreted in many ways. In broad terms, globalisation denotes the free movement of goods, services, capital, funds, ideas, technology and people across countries. Many people think globalisation is a recent phenomenon. This is not true. This has been going on for centuries. What has made it unique in recent times is the speed of the movement. Great Britain and many other countries in Europe have reached the present level of economic development only because of this free movement. In both demographic and geographic terms, Britain is a small country. It is not the size of the domestic market that determined its growth. London could not have emerged as the financial centre of the world but for the free flow of capital. The gamut of financial services offered by London is geared to meet world demand and not that of Britain alone. Even after the exit from the EU, Britain cannot remain as an isolated island. It has to be part of an international trade regime which allows for free trade. What then could have motivated a little more than 50 per cent of the population to come out of the EU? It has something to do with the nature of the relationship within the EU. The EU has evolved over the last seven decades. From a loose arrangement, it has become a tight bureaucratic organisation with its www.bankersadda.com \| www.sscadda.com \|www. Jurisdiction extending to multifarious activities. When the euro was created as a common currency, Britain opted out of it. The European Central Bank sets a common monetary policy stance for all member countries. This itself has been a source of irritation to many member countries. This came out prominently at the time of the Greek crisis. With the loss of one instrument of control - namely, the exchange rate variation - the entire burden of adjustment had to be through employment and output changes. As one commentator put it, the EU has moved up its aspiration from the idea of'common' market to 'single' market. It is this transition which half of Britain has resented. The complex set of regulations emanating from Brussels has made at least a section of the British people feel that they have lost 'independence'. Some of the elite of Britain who voted to 'leave' feel this way. They think that control has moved to unelected bureaucrats in Brussels. What has induced the 'non-elite' to vote for Brexit was the EU's migration policy. The free movement of people has been the last straw that broke the camel's back. The low-paid jobs in the U.K. have been taken over by migrants predominantly from Eastern Europe. In an economy which has been growing slowly (even though the U.K. is a better performer than other European countries in recent years), this has come as a shock. The spirit of 'nationalism' still runs high. The poor in Britain feel that they have been cheatep by the migrants. Absorbing migrants is not new for Britain. The Asian and African migrants constitute a significant proportion of the population All this happened when the economy was stTong and growing. But this is not the situation now, and lhe resentmenl is in one sense natural. However, looked at globally, lhe poor in the cowitries from which people migrate have benefited. The British have also gained to the extent that the free movement' of people has enabled highly skilled professionals to find positions all over Europe. The 'leave' vote thus was motivated by two considerations: one, the degree of integration that the EU was trying to impose, and two, the migration policy which allowed a free movement of people across countries. Globalisation is not really the devil. If the EU arrangement had been restricted only to free movement of goods, services, capital and funds, it could not have led to any deep resentment. It is the attempt at greater economic integration that has been interpreted as a loss of sovereignty and resented. Globalisation, with its emphasis on efficiency (since goods and services will get produced at the least cost centres), can lead to greater inequality theoretically. Within a country also, the more efficient including professionals gain disproportionately. This situation gets worse if economies are growing slowly. The U.S. has always prided itself on saying that the system they have is 'people's capitalism'. Inequalities do not matter much when economies are growing strongly and when new entrants to the labour force find employment easily. Countervailing measures are needed to take care of the adverse impact of globalisation. For this reason, we cannot throw the baby out with the bathwater. The developed countries face a serious dilemma. They have reached a stage in their development when further growth will be slow. This will have implications for absorbing the labour that gets added to the market. Complicating the situation is technological development which is increasingly labour-saving. New technologies have a twofold impact. First, they reduce the demand for labour in general. Second, in particular they make unskilled and semi-skilled work redundant. They demand new skills for which retraining may be needed. Distribution of income has thus become an issue which needs to be dealt with directly. Brexit is not a blow against globalisation per se. Labour does not stand in the same category as capital, even though both are factors of production. Migration hurts when the economy is at a low ebb. Britain, along with other developed countries, faces a basic problem of coping with a growth potential which is far lower than the growth rate they had seen before 2008. Which of the following statement is false regarding the impact of globalization? (i) Globalization that stresses on productivity leads to inequality. (ii) Globalization has been attributed as the primary reason for the loss of supremacy in British people by the author. (iii) Globalization is a major factor which helped London in becoming a financial center of the World.
Answer» Only(ii) Both (ii) and (iii) Only(iii) Both (i) and (ii) Solution :OPTION (ii) is incorrect as author thinks it is the ARRANGEMENT that is the REAL devil and not the GLOBALIZATION.

229.	Brexit has evoked a spate of comments. These comments fall into broadly two categories. The first set of comments focusses on the short-term and medium-term impact ofBrexit on the U.K., Europe and the rest of the world including fndia. The second goes into the reasons behind this decision of the British. Globalisation has been interpreted in many ways. In broad terms, globalisation denotes the free movement of goods, services, capital, funds, ideas, technology and people across countries. Many people think globalisation is a recent phenomenon. This is not true. This has been going on for centuries. What has made it unique in recent times is the speed of the movement. Great Britain and many other countries in Europe have reached the present level of economic development only because of this free movement. In both demographic and geographic terms, Britain is a small country. It is not the size of the domestic market that determined its growth. London could not have emerged as the financial centre of the world but for the free flow of capital. The gamut of financial services offered by London is geared to meet world demand and not that of Britain alone. Even after the exit from the EU, Britain cannot remain as an isolated island. It has to be part of an international trade regime which allows for free trade. What then could have motivated a little more than 50 per cent of the population to come out of the EU? It has something to do with the nature of the relationship within the EU. The EU has evolved over the last seven decades. From a loose arrangement, it has become a tight bureaucratic organisation with its www.bankersadda.com \| www.sscadda.com \|www. Jurisdiction extending to multifarious activities. When the euro was created as a common currency, Britain opted out of it. The European Central Bank sets a common monetary policy stance for all member countries. This itself has been a source of irritation to many member countries. This came out prominently at the time of the Greek crisis. With the loss of one instrument of control - namely, the exchange rate variation - the entire burden of adjustment had to be through employment and output changes. As one commentator put it, the EU has moved up its aspiration from the idea of'common' market to 'single' market. It is this transition which half of Britain has resented. The complex set of regulations emanating from Brussels has made at least a section of the British people feel that they have lost 'independence'. Some of the elite of Britain who voted to 'leave' feel this way. They think that control has moved to unelected bureaucrats in Brussels. What has induced the 'non-elite' to vote for Brexit was the EU's migration policy. The free movement of people has been the last straw that broke the camel's back. The low-paid jobs in the U.K. have been taken over by migrants predominantly from Eastern Europe. In an economy which has been growing slowly (even though the U.K. is a better performer than other European countries in recent years), this has come as a shock. The spirit of 'nationalism' still runs high. The poor in Britain feel that they have been cheatep by the migrants. Absorbing migrants is not new for Britain. The Asian and African migrants constitute a significant proportion of the population All this happened when the economy was stTong and growing. But this is not the situation now, and lhe resentmenl is in one sense natural. However, looked at globally, lhe poor in the cowitries from which people migrate have benefited. The British have also gained to the extent that the free movement' of people has enabled highly skilled professionals to find positions all over Europe. The 'leave' vote thus was motivated by two considerations: one, the degree of integration that the EU was trying to impose, and two, the migration policy which allowed a free movement of people across countries. Globalisation is not really the devil. If the EU arrangement had been restricted only to free movement of goods, services, capital and funds, it could not have led to any deep resentment. It is the attempt at greater economic integration that has been interpreted as a loss of sovereignty and resented. Globalisation, with its emphasis on efficiency (since goods and services will get produced at the least cost centres), can lead to greater inequality theoretically. Within a country also, the more efficient including professionals gain disproportionately. This situation gets worse if economies are growing slowly. The U.S. has always prided itself on saying that the system they have is 'people's capitalism'. Inequalities do not matter much when economies are growing strongly and when new entrants to the labour force find employment easily. Countervailing measures are needed to take care of the adverse impact of globalisation. For this reason, we cannot throw the baby out with the bathwater. The developed countries face a serious dilemma. They have reached a stage in their development when further growth will be slow. This will have implications for absorbing the labour that gets added to the market. Complicating the situation is technological development which is increasingly labour-saving. New technologies have a twofold impact. First, they reduce the demand for labour in general. Second, in particular they make unskilled and semi-skilled work redundant. They demand new skills for which retraining may be needed. Distribution of income has thus become an issue which needs to be dealt with directly. Brexit is not a blow against globalisation per se. Labour does not stand in the same category as capital, even though both are factors of production. Migration hurts when the economy is at a low ebb. Britain, along with other developed countries, faces a basic problem of coping with a growth potential which is far lower than the growth rate they had seen before 2008. Which of the following is one of the reasons for major section ofBritish people to vote against European Union?
Answer» Low WAGES due to the abundance of labour force migrating from Asian COUNTRIES to the Britain. Slow economic growth and incompetence of the new technologies because of which they are becoming more financially weak. The jurisdiction ENJOYED by the unelected officials in Brussels The spirit of NATIONALISM among the some sections of British people. SOLUTION :Refer to the 2nd paragraph of the passage, 'They think that control has moved to unelected bureaucrats in Brussels." which is why some section atleast voted against EU.

230.	Brexit has evoked a spate of comments. These comments fall into broadly two categories. The first set of comments focusses on the short-term and medium-term impact ofBrexit on the U.K., Europe and the rest of the world including fndia. The second goes into the reasons behind this decision of the British. Globalisation has been interpreted in many ways. In broad terms, globalisation denotes the free movement of goods, services, capital, funds, ideas, technology and people across countries. Many people think globalisation is a recent phenomenon. This is not true. This has been going on for centuries. What has made it unique in recent times is the speed of the movement. Great Britain and many other countries in Europe have reached the present level of economic development only because of this free movement. In both demographic and geographic terms, Britain is a small country. It is not the size of the domestic market that determined its growth. London could not have emerged as the financial centre of the world but for the free flow of capital. The gamut of financial services offered by London is geared to meet world demand and not that of Britain alone. Even after the exit from the EU, Britain cannot remain as an isolated island. It has to be part of an international trade regime which allows for free trade. What then could have motivated a little more than 50 per cent of the population to come out of the EU? It has something to do with the nature of the relationship within the EU. The EU has evolved over the last seven decades. From a loose arrangement, it has become a tight bureaucratic organisation with its www.bankersadda.com \| www.sscadda.com \|www. Jurisdiction extending to multifarious activities. When the euro was created as a common currency, Britain opted out of it. The European Central Bank sets a common monetary policy stance for all member countries. This itself has been a source of irritation to many member countries. This came out prominently at the time of the Greek crisis. With the loss of one instrument of control - namely, the exchange rate variation - the entire burden of adjustment had to be through employment and output changes. As one commentator put it, the EU has moved up its aspiration from the idea of'common' market to 'single' market. It is this transition which half of Britain has resented. The complex set of regulations emanating from Brussels has made at least a section of the British people feel that they have lost 'independence'. Some of the elite of Britain who voted to 'leave' feel this way. They think that control has moved to unelected bureaucrats in Brussels. What has induced the 'non-elite' to vote for Brexit was the EU's migration policy. The free movement of people has been the last straw that broke the camel's back. The low-paid jobs in the U.K. have been taken over by migrants predominantly from Eastern Europe. In an economy which has been growing slowly (even though the U.K. is a better performer than other European countries in recent years), this has come as a shock. The spirit of 'nationalism' still runs high. The poor in Britain feel that they have been cheatep by the migrants. Absorbing migrants is not new for Britain. The Asian and African migrants constitute a significant proportion of the population All this happened when the economy was stTong and growing. But this is not the situation now, and lhe resentmenl is in one sense natural. However, looked at globally, lhe poor in the cowitries from which people migrate have benefited. The British have also gained to the extent that the free movement' of people has enabled highly skilled professionals to find positions all over Europe. The 'leave' vote thus was motivated by two considerations: one, the degree of integration that the EU was trying to impose, and two, the migration policy which allowed a free movement of people across countries. Globalisation is not really the devil. If the EU arrangement had been restricted only to free movement of goods, services, capital and funds, it could not have led to any deep resentment. It is the attempt at greater economic integration that has been interpreted as a loss of sovereignty and resented. Globalisation, with its emphasis on efficiency (since goods and services will get produced at the least cost centres), can lead to greater inequality theoretically. Within a country also, the more efficient including professionals gain disproportionately. This situation gets worse if economies are growing slowly. The U.S. has always prided itself on saying that the system they have is 'people's capitalism'. Inequalities do not matter much when economies are growing strongly and when new entrants to the labour force find employment easily. Countervailing measures are needed to take care of the adverse impact of globalisation. For this reason, we cannot throw the baby out with the bathwater. The developed countries face a serious dilemma. They have reached a stage in their development when further growth will be slow. This will have implications for absorbing the labour that gets added to the market. Complicating the situation is technological development which is increasingly labour-saving. New technologies have a twofold impact. First, they reduce the demand for labour in general. Second, in particular they make unskilled and semi-skilled work redundant. They demand new skills for which retraining may be needed. Distribution of income has thus become an issue which needs to be dealt with directly. Brexit is not a blow against globalisation per se. Labour does not stand in the same category as capital, even though both are factors of production. Migration hurts when the economy is at a low ebb. Britain, along with other developed countries, faces a basic problem of coping with a growth potential which is far lower than the growth rate they had seen before 2008. SPATE
Answer» Meristematic DELUGE Paradox Sparse SOLUTION :SPATE means a large NUMBER of similar things coming in QUICK succession hence deluge is the word most similar in meaning.