Questions

Q:

Read the passage carefully and select the best answer to each question out of the given four alternatives.

 

The conclusion of World Trade Organization’s 11th biennial ministerial conference at Buenos Aires was worrisome. From an Indian standpoint, there was no loss as status quo continues in the most important issue: the right to continue the food security programme by using support prices. But the inability of the negotiators to reach even one substantive outcome suggests that WTO’s efficacy is under question. As a 164-country multilateral organisation dedicated to crafting rules of trade through consensus, WTO represents the optimal bet for developing countries such as India. Strengthening WTO is in India’s best interest.

 

Perhaps the biggest threat to WTO’s efficacy today is the attitude of the US. The world’s largest economy appears to have lost faith in the organisation and has begun to undermine one of its most successful segments, the dispute redressal mechanism. This is significant as the US has been directly involved in nearly half of all cases brought to WTO. Separately, large groups of countries decided to pursue negotiations on e-commerce, investment facilitation and removal of trade obstacles for medium and small scale industries. By itself this should not weaken WTO. But it comes at a time when there is growing frustration with gridlock at WTO.

 

India did well to defend its position on its food security programme. The envisaged reform package which will see a greater use of direct cash transfers to beneficiaries will be in sync with what developed countries do. But it’s important for India to enhance its efforts to reinvigorate WTO. In this context, India’s plan to organise a meeting of some countries early next year is a step in the right direction. WTO represents the best available platform to accommodate interests of a diverse set of nations. Therefore, India should be at the forefront of moves to fortify it.

 

Which of the following is the most successful segments of the WTO mentioned in the passage?

 

A) Dispute redressal mechanism B) Intellectual Property Rights
C) Reviewer of government’s trade policies. D) Agreement on trade in services.
 
Answer & Explanation Answer: A) Dispute redressal mechanism

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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

The union allows the employees to bargain ______________ for higher wages.

A) wholly B) collectively
C) fully D) completely
 
Answer & Explanation Answer: B) collectively

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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the words/sentence.

Working-class people regarded collectively

 

A) Opulent B) Proletariat
C) Gilded D) Affluent
 
Answer & Explanation Answer: B) Proletariat

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Q:

Which country is known as 'Land of Midnight Sun'?

A) Sweden B) Norway
C) Germany D) Finland
 
Answer & Explanation Answer: B) Norway

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Q:

Visceral pain usually starts in which of the following?

A) Kidneys B) Abdomen
C) Rectum D) Esophagus
 
Answer & Explanation Answer: B) Abdomen

Explanation:

Visceral pain is a poorly localized, dull, or diffuse pain. It usually arises from the abdominal organs.

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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the words/sentence.

A punishment imposed for breaking a law, rule, or contract.

A) Penalty B) Reprieve
C) Grace D) Amnesty
 
Answer & Explanation Answer: A) Penalty

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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

Put your own house_______ order before preaching others.

A) within B) into
C) in D) to
 
Answer & Explanation Answer: C) in

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.
dead ringer

A) a competition whose outcome is already decided (by unfair means) B) a candidate fraudulently substituted for another in a competition
C) a person who was in a situation to warn others is now missing D) a warning which comes too late, after the damage is done
 
Answer & Explanation Answer: B) a candidate fraudulently substituted for another in a competition

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