In each of the following questions there are sentences that form a paragraph. Identify the sentence(s) or part(s) of sentence(s) that is/are correct in terms of grammar and usage (including spelling, punctuation and logical consistency). Then, choose the most appropriate option.
- a. Budget 2018-19 had to be presented against a background of several concerns.
b. These concern included a slowdown in growth, falling investment rate
c. and rising discontent in agriculture.
d. The Budget has addressed these concerns, partly directly and partly indirectly.Only a & bAll except bOnly c & dAll a , b & cAll are correctOption B
concern = concerns
- a. The quantum of fiscal deficit is closely related to revenue projections.
b. Very optimistic revenue projections will make the fiscal deficit number suspect.
c. Gross tax revenue is expceted to increase in 2018-19 over revised estimates of 2017-18 by 16.7 per cent,
d. which is indeed higher, given an expected normal GDP growth of 11.5 per cent.Only c & dOnly a & bAll except dOnly aAll are correctOption B
c. expceted = expected d. higher = high
- a. The Government has appreciated that the stamp duty value could be higher
b. than the consideration on account of various factors such as shape of the plot
c. or location and that the differential arising on account of stamp duty value being considered as full value
d. of consideration, is taxed in the hands of both, the purchaser as well as the seller of immovable property being land and / or building.Only aOnly bOnly cOnly dAll are correctOption E
- a. The market expected the RBI to keep the policy rate
b. unchanged in the Monetary Policy Committee (MPC) meeting
c. yesterday, but with some tightly worded caution over
d. the need to be vigilant about inflation.Only a & bOnly b & cOnly c & dOnly a & dAll are correctOption D
a. omit “the” before RBI c. over = against
- a. In the hierarchy of prefernce of the MPC, the need to support
b. growth and investment ranked higher than the necessity of curbing inflation expectation.
c. Be that as it may, it is doubtful if this decision is consistent
d. with the MPC’s own objective of achieving the medium-term target for CPI between 2 per cent and 6 per cent.All a, b & cOnly b & cAll b, c & dOnly a & dAll are correctOption C
a. prefernce = preference
- a. The global and domestic settings for this meeting were challenging.
b. Bond yields in major OECD countries have been
c. on the rise for some weeks on the back of stronger global growth
d. and inflation prospects and possibilities of quicker and more aggressive monetary policy tightening than expected earlier.Only a & bOnly b & cOnly a & dAll a, b & cAll are correctOption E
- a. The sharp sell-out in global equities and the surge in their price volatility
b. over the last two weeks even in the absence of any trigger
c. have propelled some to infer that the worst is yet to come
d. and that these are nothing but the ‘rumblings of an earthquake’.All except aAll except bAll except cAll except dAll are correctOption A
sell-out = sell-off
- a. Cancellation of more auctions is plainly not feasible,
b. nor it is possible to do many repeats of the mode for
c. the next auction of ₹11,000 crore stated for February 9,
d. through which ₹8,000 crore will come from 10-year paper, while the rest ₹3,000 crore will come from a floating rate bond.Only a & dOnly b & dOnly a & cOnly b & cAll are correctOption A
b. nor it is = nor is it c. stated = slated
- a. A possible way out would be to revise the ceiling for FPI
b. investment in G-sec for both long-term and general
c. categories before the beginning of each fiscal and
d. allow them participation in the primary issuance as well.Only aAll except aOnly b & cAll except dAll are correctOption E
- a. In keeping with the spirit of ‘cooperative fedralism’,
b. the Centre should leave these schemes intact,
c. and improve coverage in the northern States
d. where health systems and outcomes is abysmal.Only aOnly dOnly b & cAll a, b & dAll are correctOption C
a. fedralism = federalism d. is = are