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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.

 

What is the biggest threat to WTO’s efficacy today?

 

A) India being not working in its best interest. B) Lost of faith in WTO by US.
C) Negotiators of WTO are not decision takers. D) WTO’s lame attitude towards global trade.
 
Answer & Explanation Answer: B) Lost of faith in WTO by US.

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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.

 

Why was the WTO’s 11th binennial ministerial conference worrisome?

 

A) Denial of states quo. B) Inability of negotiators to reach to substantive outcome for the problems.
C) Rift in the policies suggested by WTO on IPR. D) Non-cooperation from Indian government on various matters.
 
Answer & Explanation Answer: B) Inability of negotiators to reach to substantive outcome for the problems.

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Q:

Improve the bracketed part of the sentence.

 

(As soon after the players arrived) in decorated cars, the ceremony began with traditional African drummers and dancers blowing conch shells.

 

A) Soon after the players arrive B) Soon after the players arrived
C) As soon as the players arrived after D) No improvement
 
Answer & Explanation Answer: B) Soon after the players arrived

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Q:

Improve the bracketed part of the sentence.

 

Without any exaggeration, the provision will ensure that legislators (keep a voice) in finalizing the terms and conditions of the agreement.

 

A) have a voice B) head a voice
C) lost a voice D) No improvement
 
Answer & Explanation Answer: A) have a voice

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Q:

Improve the bracketed part of the sentence.

 

The B109 funds are intended to offset the loss of wages due to TB, and to help with (both travelling and nutrition).

 

A) both traveled and nutrition B) both travelling and nutritional
C) both travel and nutrition D) No improvement
 
Answer & Explanation Answer: C) both travel and nutrition

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Q:

Improve the bracketed part of the sentence.

 

The company hopes to eventually provide Singapore with the second-biggest electric car-sharing service in the world, (second to Paris only).

 

A) second only to Paris B) second to only Paris
C) only second to Paris D) No improvement
 
Answer & Explanation Answer: A) second only to Paris

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Q:

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options.

 

P. Farmers could no longer pay their loans and some banks were closed down.
Q. Prices dropped due to increased supply, which was followed by a drought.
R. The country was well advanced in technology and farmers increased their production levels.
S. The Great Depression in America began with overproduction and low prices in the agricultural sector.

 

A) RQPS B) QPSR
C) PSRQ D) SRQP
 
Answer & Explanation Answer: D) SRQP

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Q:

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options.

 

P: About 30 new hydro projects are now under execution with an installed capacity of 5,600 MW.
Q: However, with the rapid increase in demand for power, higher priority was given to the pithead super thermal power stations as their gestation period was smaller than that of the hydel schemes.
R: Many projects were taken up for execution after independence and at one time (1962-63), the capacity contribution from hydro schemes was equal to thermal schemes.
S: The first hydro generating unit in India was commissioned in Darjeeling (W.Bengal) in 1897.

 

A) RQPS B) SRQP
C) QPSR D) PQRS
 
Answer & Explanation Answer: B) SRQP

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