Directions (1-10): Choose the odd sentence out of the given five sentences in each question.
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Slaying this expectations monster is the real task of flexible inflation targeting and the MPCduring this period, the actual inflation numbers have never crossed outside the bandand the memory of double-digit inflation prior to September 2013 is fading.of the flexible target of 2 to 6%. Indeed, India’s inflation has stayed in that band for almost four years now,Many analysts believe that India has moved to a structurally lower inflation band.Option A
BDCE -
American author Bradley Martin wrote the book on North Korea—literallyHis 2006 look at the inner workings of the Kim dynastyas investors in 2017 to find how much Kim’s nuclear programme leaped from theoretical to operational.For his Kim family follow-up, Martin chose a thriller, titled Nuclear Bluesall 912 pages of it, remains an unequalled primer on the most isolated regimeOption C
ABED -
in the relationship between the Union finance ministry and the RBI. There wasThe PNB fraud has variously been placed as having been in operation since 2011, perhaps even earlier.at the first monetary policy statement of the Reserve Bank of India (RBI) for 2018-19it seems impossible to believe that the previous bi-monthly on 7 February marked a high pointon that date a regulatory add-on of a 180-day window of forbearance for payment dues from small borrowersOption B
CDAE -
the “operational hazard to remainin place in spite of clear instructions to close it”.be reported to the RBI by a deadline of 31 July 2016.and blames the internal processes at PNB for having allowedGovernor Patel’s speech cites three circulars issued in 2016 to banks to eliminate hazards arising from cyber riskOption C
EDAB -
A broadside against trade was central to the Trump presidential campaignIn office, his rhetoric has escalated. The North American Free Trade Agreementis “the worst trade deal in the history of the world”, along with the Trans-Pacific Partnership,“another disaster done and pushed by special interests who want to rape our country”.he gets 50% and they think they’re doing us a favour.Option E
ABCD -
$2.4 trillion was raised privately in the US last year. That widened a gapbut here is a front-page The Wall Street Journal article about it: “At leastthat emerged in 2011 with the public markets, which raised $2.1 trillion, according to the Journal’s analysis of tens of thousands of securities filings and data provider Dealogicbut it is a useful guide: You stay private to raise money and build your business and grow; you go public to allow your investors to cash outprivate markets are the new public markets. That’s a thing that I say a lotOption D
EBAC -
because it was more or less necessary in practice even if it wasn’t legally requiredI think the real critique goes something like this: The corporation is a societal constructbut we expect something of corporations too.we give limited liability and other rights to the corporate formOur expectations are poorly articulatedOption A
BDCE -
initial talks between the two companies were held in 2016 when Flipkartretailer, which was on an unprecedented investment spree in India.key board member, did visit Walmart’s headquarters over recent weeks to help put the deal together.Those initial talks did not lead anywhere, but Flipkart continued to be on Walmart’s horizon .was struggling to fend off a rampaging Amazon. It had lost significant market share to the American onlineOption C
AEBD -
Khan endorses brands such as edible oil Himani Best Choice for the Emami Group, security, surveillance solution provider CP Plus and innerwear company DixcyKhan’s box-office status may remain untarnished by case verdicts, but experts saida star of his stature would endorse. Currently commanding anything between Rs5 crore and Rs10 crore for a two-year contractwho is in serious legal trouble and elicits polarizing opinionhis massive fan following has not translated into the number of brandsOption D
BECA -
will keep inflation around the central 4% mark of the flexible target range of 2-6% in 2018-19for now, holding on to a scaremongering inflation forecast was futileWith vegetable prices behaving and crude oil prices having run out of steaminstead of the 5.1% the central bank forecasted in its February policyretail inflation is now expected to have dropped to an average 4.5% during January-MarchOption A
EDCB
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