Direction: In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.

To sell (stocks or other securities or commodities) in advance of acquiring them, with the aim of making a profit when the price falls.

You have eight brief passages with 10 questions following each passage. Read the passages carefully and choose the best answer to each question out of the four alternatives 

Time was when people looked heavenward and prayed, “Ye Gods, give us rain, keep drought away.” Today there are those who pray. “Give us rain, keep El Nino away.” 

El Nino and its atmospheric equivalent, called the Southern Oscillation, are together referred to as ENSO, and are household words today. Meteorologists recognize it as often being responsible for natural disaster worldwide. But this wisdom dawned only after countries suffered, first from the lack of knowledge, and then from the lack of coordination between policy making and the advances in scientific knowledge. 

Put simply, El Nino is a weather event restricted to certain tropical shores, especially the Peruvian coast. The event has diametrically opposite impacts on the land and sea. The Peruvian shore is a desert. But every few years, an unusually warm ocean current - El Nino - warms up the normally cold surface-waters off the Peruvian coast, causing very heavy rains in the early half of the year, 

And then, miraculously, the desert is matted green. Crops like cotton, coconuts and banana grow on the otherwise stubbornly barren land. These are the Peruvians’ anos de abundencia or years of abundance. The current had come to be termed El Nino, or the Christ Child because it usually appears as an enhancement if a mildly warm current that normally occurs here around every Christmas. 

But this boon on land is accompanied by oceanic disasters. Normally, the waters off the South American coast are among the most productive in the world because of a constant upwelling of nutrient rich cold waters from the ocean depths. During an El Nino, however waters are stirred up only from near the surface. The nutrient-crunch pushes down primary production, disrupting the food chain. Many marine species, including anchoveta (anchovies) temporarily disappear. 

This is just one damning effect of El Nino. Over the years its full impact has been studied and what the Peruvians once regarded as manna, is now seen as a major threat. 

El Nino in a layman language is  

In the following passage, some words have been deleted. Fill in the blanks with the help of the alternatives given. Select the most appropriate option for each number.

Life is full of ___1___ types of experiences. Strange, in fact, are the ways of God. If a man is happy today, he may be __2____ unhappy the very next day. Some ___3___ are pleasant and joyful while others are full of ___4___ and pain. If at one time a person finds himself on top of the world, at the ___5___ time he is depressed and downcast.

QID: 1 

Read the following sentence and determine whether there is an error in it. The error, if any, will be in one part of the sentence. If the sentence is error-free, then select ‘No Error’ as your answer.

As these books on science are (A)/ published only in English, (B)/ we seldom or ever (C)/ find them in regional languages. (D)

Direction: In the following questions, out of the four alternatives, choose the word opposite in meaning of the given word as your answer.

Lukewarm

In the following passage there are blanks each of which has been numbered. These numbers are printed below the passage and against each four words have been suggested, one of which fits the blanks appropriately. Find out the appropriate word in each case.

The empty ‘Chyawanprash’ containers near the makeshift kitchen at the elephant camp say it all – that the elephants have been having a healthy, nutritious diet as (1) by the veterinary doctors.  The camp managers say that the elephants get to have the nutritious (2) twice a day – morning before bath and early evening, walk eight to 1 km on the walking track twice a day and have loads of green fodder. A few of these elephants also undergo special medication, if necessary. ‘Valli’, a female elephant from the Koodal Azhagar Perumal Koil, Madurai, and ‘Vedanayagi’ another female elephant from Bhavani, Erode, are two such elephants. Based on the veterinarians’ prescription, the managers are treating the two for foot rot disease.
 The elephants get to (3) their legs in a decoction of seven chemicals, a traditional formula, to get over the problem. The foot rot sets in when the elephants are obese, or stand on hard surface or bitumen-topped roads for long with very little movement.
 Likewise, two other elephants are also undergoing eye treatment to overcome the ‘watery eye’ problem. This occurs when the elephants’ living (4) is hot. The managers say that the ingredients of the food and the quantity given to the elephants (5) from one to another and are dependent on the age and gender.
 Based on the two, a body-mass-index of sorts is derived and that determines the food and the quantity. Right at the start of the camp, the managers have noted down the weight of each elephant.
 This will be compared to the (6) that they will record when the elephants exit the camp around the second week of January. The managers say that one important factor in the camp is giving green fodder, which the elephants (7) in plenty in the camp. For the weak elephants, the camp managers give twigs of ‘aal’, ‘arasu’ ‘athi’ trees and also ‘koondapanai’. They add that the managers are also (8) the mahouts and those accompanying the elephants on the ways to keep the animal healthy. This is (9) the mahouts are with the elephants 24x7. And also because the animal should continue to live in a (10) environment.

Choose the correct option for (1).

Select the option that expresses the given sentence in direct speech.

Harry said that he would not be in town on Friday.

Directions: Read the following passage carefully and answer the questions given below it. Certain words have been printed in bold to help you locate them while answering some of the questions.
   
Indeed the western recession is really the beginning of good news for India! But to understand that we will have to move away for a while from the topic of western recession . . . . . . . to the Japanese recession! For years the Japanese style of management has been admired. However, over the last decade or so, one key question has sprung up ‘if Japanese management style is as wonderful as described then why has Japan been in a recession for more than a decade?'
The answer to this question is very simple. Culture plays a very important part in shaping up economies. What succeeds in one culture fails in another. Japanese are basically nonmaterialistic. And however rich they become, unlike others, they cannot just keep throwing and buying endlessly. And once they have everything they need; there is a saturation point. It was only when companies like Toyota realized that they cannot keep selling cars endlessly to their home market that they went really aggressive in the western markets-and the rest is history. Japanese companies grew bigger by catering to the world markets when their home markets shrunk.

served equally well. They were lured through advertising and marketing techniques of ‘dustbinisation' of the customer; and then finally, once they became ready customers, they were given loans and credits to help them buy more and more. When all the creditworthy people were given loans to a logical limit, they ceased to be a part of the market. Even this would have been understandable if it could work as an eye-opener. Instead of taking the 'Right Step' as Toyota did, they preferred to take a 'shortcut'. Now banks went to the noncredit worthy people and gave them loans. The people expectedly defaulted and the entire system collapsed.

Now like Toyota western companies will learn to find new markets. They will now lean towards India because of its common man! The billion-plus population in the next 25 years will become, a consuming middle-class. Finally, there will be a real surge in income of these people and in the next fifty odd years, one can really hope to see an equal world in terms of material plenty, with poverty being almost nonexistent! And this will happen not by selling more cars to Americans and Europeans. It will happen by creating markets in India, China, Latin America and Africa, by giving their people purchasing power and by making products for them.
The recession has made us realize that it is not because of worse management techniques, but because of limits to growth. And they will realize that it is great for planet earth. After all, how many cars and houses must the rich own before calling it enough? It's time for them to look at others as well. Many years back, to increase his own profits, Henry Ford had started paying his workers more, so that they could buy his cars. In similar fashion, now the developed world will pay the developing world people so that they can buy their cars and washing machines.
The recession will kick - start the process of making the entire world more prosperous, and lay the foundation of limits to growth in the west and the foundation of real globalization in the world - of the globalization of prosperity. And one of its first beneficiaries will be India. 

How does the author foresee the future globalization as an analogy to Henry Ford's example?
(A) Car companies would start selling cars in developing countries as well.
(B) By paying the developing world the developed world would increase its own profit, in turn bring in affluence to developing world as well.
(C) To earn profit, the companies in developing countries would move to foreign land.