Directions: Each of the following question contains a paragraph and a blank in it. Choose from the options, the appropriate phrase to fill in the blank that is both logically and grammatically correct.
- In a 2013 research paper, sociologist Olivier Driessens noted that celebrity capital, or broadly recognisability, is conceptualised as accumulated media visibility, which results from recurrent media representations, of the sorts that Varrier has been subjected to in recent weeks. Media research specialist Barrie Gunter, in his book Celebrity Capital: Assessing the Value of Fame, states that ______________________________, which can be transformed into influence in other spheres. That status manifests itself in many ways.
the efficiency and emissions generated during vehicle operation, popularly known as tailpipe emissionsCelebrities are seen to create audiences and marketscelebrity may be, as historian and social theoristcelebrities possess a social status of sortsAll are correctOption D
- The draft National Auto Policy released on February 16 is an important document that is set to shape an industry that contributes 50 per cent of the manufacturing GDP and 7 per cent of jobs in the organised sector. With 2030 staring them, ________________________________. The NAP, thankfully, has replaced the term ‘electric vehicle’ with the more comprehensive, ‘green mobility’.
the absence of a tailpipe does not indicate absence of pollutionthe industry was looking nervously for a firm direction to work and growthe process of producing the fuel and transporting it from the source to the vehiclethe pollution generated during the manufacture of the vehicle and its subsystemsAll are correctOption B
- More than eight months after the introduction of GST, _____________________________; this is despite assurances made by the Centre last October-November that the process of granting refunds for input tax credit (ITC) and IGST would be expedited. Given that exports of goods and services account for about 20 per cent of GDP and are characterised by labour intensity and a high working capital to sales ratio, this is no small matter. Indeed, the impact, as this month’s RBI paper titled ‘Working Capital Constraints and Exports: Evidence from GST rollout’ points out, “Petroleum and gems and jewellery have the highest working capital/sales requirement (above 60 per cent) and they were hit the most during October… Meat, dairy and poultry… have low need for working capital (19 per cent) and saw one of the smallest decreases in exports growth.”
the software does not easily allow for correctionsinconvenience of all for exporters is that they still have to apply offline for IGST and ITC refundsexporters remain cash-strapped for working capitalto invest a disproportionate amount of time, money and resources on GST complianceAll are correctOption C
- The PNB scam has jolted the Government, regulators, investigating agencies, financial and stock markets and the banking industry alike. And much like the proverbial eight blind men, _______________________ and diagnosis of the multi-dimensional fraud.
to recognise its importance, or negligence bordering on indifferencethe RBI too a victim of operational riskthe bank management saying the fraud was born out of operational riskeveryone has come up with their own interpretationsAll are correctOption D
- When the Planning Commission was envisaged, the idea was to plan for progress, research the steps to be taken to achieve goals, and implement a programme systematically over a five-year period. If a deadline was missed, _________________________ and how this could be rectified. In short, policymaking was a well-defined process and a work in progress.
it is clear that policy announcements are made arbitrarilythe state was expected to review why that had happenedthe Centre was putting its ambitious plans on the back-burnera hasty monetary policy decision without sufficient forethought saw chaos across the countryAll are correctOption B
- The decision of the Central Board of Trustees of EPFO to reduce the interest interest from the 8.65 per cent to 8.55 per cent is retrograde.The Centre invested the PF accrual in equities and debts claiming ____________________________. For the last three years ROI has been sliding scale showing that fund managers have not invested properly. Why should members of the EPF scheme be made to pay for the faulty management of the corpus?
auction is not the only way to allot natural resourcesmaintenance of surplus funds must be pared and the Centre must underwrite the EPF scheme’s corpusthat will fetch more returns but the reality is converseindustries have always been forced to pay a disproportionate premium for getting accessAll are correctOption C
- I ran in my first ever marathon race last month. This was at the Tata Mumbai Marathon 2018. Actually, I ran the timed 10 km race at this event, rather than the full or half marathons, _____________________________. I made it to the finishing line with decent timing and in good shape, and felt very fulfilled when I received my finisher’s medal. I am now determined to run the half marathon next year.
which are still somewhat beyond my graspwho had travelled to the city from many other townsdespite having dislocated her shoulder a couple of weeks earlierwho blazed the tough roads of Mumbai with some brilliant timingsAll are correctOption A
- And so the hunt begins. A handful of bank officials who perpetrated the fraud at India’s second-largest public sector bank — leading to unauthorised issue of Letters of Undertaking (LoUs) to jeweller Nirav Modi’s firms — have been brought under the scanner. The Central Vigilance Commission has stepped in and asked Punjab National Bank _____________________________________.
the union body puts in with a punch and asks for keeping out the entire top management and higher officials from the bank until the probe is completedto name the bank officials involved in the scam and identify senior management officials who could have taken action to prevent this fraudfraud at PNB spanned for seven years without setting the alarm bells ringing at the numerous audits at banksbanks will want to have checks in place before actually sending messagesAll are correctOption B
- It is often said that what gets measured gets managed. It is probably with this dictum in mind that the ministry of external affairs (MEA) has decided to develop a “soft power matrix” to measure the effectiveness of India’s soft power outreach. The development of such a matrix was also recommended by the Parliamentary standing committee on external affairs in a 2016 report. While _______________________________, two questions immediately come to mind: a) Can soft power be measured? and b) can soft power be managed?
the idea sounds interestingincreased emphasis on India’s democratic credentialsmoral virtues should be visible by themselvesthe nodal government agency responsible for India’s soft power projectionAll are correctOption A
- Three minutes after 9 am on 14 February, when the local stock markets opened for trading, the government-owned lender informed the stock exchanges that it had detected a fraud of $1.8 billion (around Rs11,400 crore), shaking the financial community and the nation at large. As the day progressed, it became clear that __________________________, helped along by bank officials at its Brady House branch in Mumbai, the country’s financial capital.
the scam clearly shows that supervisory process at public sector banks failed to detect the fraudhad issued hundreds of unauthorized PNB LoUs to Modi and his unclethe PNB fraud was engineered by companies of diamond tycoon Nirav Modithe Central Bureau of Investigation (CBI), India’s federal detective agency, pored over papers and questioned bank officialsAll are correctOption C