Directions: In each of the following questions there are sentences. There is error in one of the parts. Mark the option which contains error parts as your answer. If no part contains error mark option E as your answer.
- (A) It’s truly a deluge of biblical proportions in Kerala. With incessant rains from the last three weeks leading /(B) to the opening of the gates of 33 out of 39 dams, large parts of the State, /(C) especially in Idukki in the south and Wayanad in the north, are under water. The death toll — currently at 47— is mercifully not very large, /(D) but tens of thousands have lost their homes and are now housed in relief centres.
ABCDNEOption A
from = over - (A) The rupee’s move towards the 70 marks against the dollar in the recent bout of weakness /(B) triggered by contagion-risk in emerging market currencies helps highlight the risks faced by the currency from global events. /(C) The Turkish Lira’s 30 per cent decline since last Friday caused by the face-off between the leaders of Turkey and the US triggered fears /(D) that the country could default on its external debt; thus setting off a systemic crisis in global financial market.
ABCDNEOption A
marks = mark - (A) India has evolved a complex labyrinth of securities laws to prevent sharp operators from taking public investors for a ride. /(B) The Securities Exchange Board of India (SEBI) has also been anointed with sweeping powers to haul up offenders. /(C) But this has clearly failed to have a deterrent effect on the conduct of market players, with scams, /(D) frauds and accounting manipulations cropping up all too frequently at India Inc.
ABCDNEOption E
- (A) Exuding confidence in India’s structural reforms as well as its demographic dividend, /(B) the IMF has posited India as the world’s growth engine for the next 30 years. /(C) It has projected a medium-term growth rate of 7.75 per cent on the back of “macro-financial and structural policies…to help to boost inclusive growth.” /(D) The GST and the insolvency code are rightly expected to go a long way in lifting India’s productivity.
ABCDNEOption C
to boost = boost - (A) Pepsico Inc CEO Indra Nooyi’s has been a trailblazing story. /(B) Bucking parental opposition to study at Yale in the US and staying on to scale the highest echelons of corporate America to become the Chairman and /(C) CEO of a company whose iconic brands are known the world over, she achieved the quintessential American dream. Her ascent to the top as a woman and an Indian, /(D) to have become the first foreign-born CEO of a consumer goods company, happened long before India’s tech titans stormed the software majors in the US.
ABCDNEOption E
- (A) The impact on the State’s economy will be felt in the months ahead. /(B) Given that it is large plantation and agro-based with a sizeable contribution from tourism, the economy is sure to /(C) have been dealt a deadly blow by the deluge. The damage to infrastructure such as roads and power /(D) transmission networks is extensive and might take months to set right, which means that tourism will be a casualty.
ABCDNEOption B
large = largely - (A) Continuing decline in the rupee, while conducive to exporters, can hurt importers and spike inflation. /(B) Also, companies that have make the most of the liquidity in global markets to borrow /(C) funds overseas will find it difficult to service this debt if the currency continues to slip. But the central bank might find it difficult to defend the rupee, /(D) if there is sustained fall. India’s forex reserves have declined from $426 billion in April 2018 to $403 billion by the first week of August; with the RBI intervening in forex market to support the rupee.
ABCDNEOption B
make = made - (A) Whistle-blowers play a key role in alerting regulators to malpractice and the report recommends that SEBI, /(B) rather than the Central Government, be empowered to grant immunity to whistle-blowers. /(C) It suggests that companies maintain electronic records of all price-sensitive information shared with outsiders and lists of those related to insiders, /(D) so that investigators needn’t hunt for a needle in a haystack in insider-trading cases.
ABCDNEOption E
- (A) A projected headline inflation of 5.2 per cent in 2018-19 is a way above the Reserve Bank’s comfort level, /(B) with the IMF hoping for a prudent fiscal policy to keep it in check. /(C) It is not clear whether a tight fiscal and monetary policy will choke growth. While some of the Fund’s prescriptions make sense, such as reducing trade documentation requirements, /(D) lowering tariffs and generally improving governance, there are inconsistencies in its narrative.
ABCDNEOption A
a way = way - (A) Nooyi steps down at a time when Pepsi’s core business of carbonated soft drinks is on the decline in its principal market, /(B) the US. Consumption of CSDs has dropped to its lowest level in over 30 years /(C) as consumers avoid sugary drinks. One can call Nooyi prescient as she probably saw the writing on the wall. /(D) During her tenure, when she was a senior vice-president, Nooyi was part of the team which negotiated the company’s acquisition of Tropicana (1998) and Quaker Oats (2000).
ABCDNEOption E
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