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. 

According to the passage, which of the following was NOT an effect of providing loans and cred its to the customers?
(A) The non-creditworthy people defaulted.
(B) People bought new products which were not needed.
(C) Poverty became non - existent. 

Instructions Read the following passage carefully and answer the questions given it. Certain word/phrases have been printed in ‘’bold’’ to help you to locate them while answering some of the questions.

India is rushing headlong towards economic success and modernisation, counting on high-tech industries such as information technology and biotechnology to propel the nation to prosperity. India’s recent announcement that it would no longer produce unlicensed inexpensive generic pharmaceuticals bowed to the realities of the World Trade Organisation while at the same time challenging the domestic drug industry to compete with the multinational firms. Unfortunately, its weak higher education sector constitutes the Achilles’ heel.

of this strategy. Its systematic disinvestment in higher education in recent years has yield neither world-class research nor very many highly trained scholars, scientists or managers to sustain high-tech development. India’s main competitor especially China buts also Singapore, Taiwan and South Korea are investing in large and ‘’differentiated’’ higher education systems. They are providing access to large number of students at the bottom of the academic system while at the same time building some research-based universities that are able to compete with the world’s best institutions. The recent London Times Higher Education Supplement ranking of the world’s top 200 universities included three in China, three in Hong Kong three in South Korea. one in Taiwan, and one in India. These countries are positioning themselves for leadership in the knowledge based economies for coming era. There was a time when countries could achieve economic success with cheap labour and low-tech manufacturing. Low wages still help, but contemporary large-scale development requires a sophisticated and at least partly knowledge based economy. India has chosen that path, but will find a major stumbling block in its universities system. India has significant advantages in the 21st century knowledge race. It has a large higher education sector --- the third largest in the world in student numbers, after China and the United States. It uses English as a primary language of higher education and research. It has a long academic tradition. Academic freedom is respected. There are a small number of highly quality institutions, departments, and centres that can form the basis of quality sector in higher education. The fact that the States, rather than the Central Government, exercise major responsibility for higher education creates a rather cumbersome structure, but the system allows for a variety of policies and approaches. Yet the weakness far outweigh the strengths. India educates approximately 10 per cent of its young people in higher education compared with more than half in the major industrialised countries and 15 per cent in China. Almost all of the world’s academic systems resemble a pyramid, with a small high quality tier at the top and a massive sector at the bottom. India has a tiny top tier. None of its universities occupies a solid position at the top. A few of the best universities have some excellent departments and centres and there are a small number of outstanding undergraduate colleges. The university Grants Commission’s recent major support of five universities to build on their recognised strength is a step toward recognising a differentiated academic system and fostering excellence. These universities, combined, enroll well under 1 percent of the student population. 

What does the phrase ‘Achilles’ Heel’ mean as used in the passage?

Read the passage carefully and give the answer of following questions.

The public sector banks are witnessing in India a period of transition and are at crossroads, where they without giving up social responsibility, should also remain healthy. They need to undertake risky experiments, yet perform it innovatively in a way it does not fail. They should make forays into new areas which are rarely tread by them and lose no emerging opportunities. It should be understood that absence of any bad advance is no sign of efficient banking system. It only indicates immense conservatism. However this is no guarantee for profit. There should be a balance between liquidity and risk. Past sins should be forgotten. Novel and pragmatic techniques should be adopted without which banks would be in danger.

What, according to the author, are the public sector banks witnessing?

Instructions Read the following passage carefully and answer the questions given it. Certain word/phrases have been printed in ‘’bold’’ to help you to locate them while answering some of the questions.

India is rushing headlong towards economic success and modernisation, counting on high-tech industries such as information technology and biotechnology to propel the nation to prosperity. India’s recent announcement that it would no longer produce unlicensed inexpensive generic pharmaceuticals bowed to the realities of the World Trade Organisation while at the same time challenging the domestic drug industry to compete with the multinational firms. Unfortunately, its weak higher education sector constitutes the Achilles’ heel.

of this strategy. Its systematic disinvestment in higher education in recent years has yield neither world-class research nor very many highly trained scholars, scientists or managers to sustain high-tech development. India’s main competitor especially China buts also Singapore, Taiwan and South Korea are investing in large and ‘’differentiated’’ higher education systems. They are providing access to large number of students at the bottom of the academic system while at the same time building some research-based universities that are able to compete with the world’s best institutions. The recent London Times Higher Education Supplement ranking of the world’s top 200 universities included three in China, three in Hong Kong three in South Korea. one in Taiwan, and one in India. These countries are positioning themselves for leadership in the knowledge based economies for coming era. There was a time when countries could achieve economic success with cheap labour and low-tech manufacturing. Low wages still help, but contemporary large-scale development requires a sophisticated and at least partly knowledge based economy. India has chosen that path, but will find a major stumbling block in its universities system. India has significant advantages in the 21st century knowledge race. It has a large higher education sector --- the third largest in the world in student numbers, after China and the United States. It uses English as a primary language of higher education and research. It has a long academic tradition. Academic freedom is respected. There are a small number of highly quality institutions, departments, and centres that can form the basis of quality sector in higher education. The fact that the States, rather than the Central Government, exercise major responsibility for higher education creates a rather cumbersome structure, but the system allows for a variety of policies and approaches. Yet the weakness far outweigh the strengths. India educates approximately 10 per cent of its young people in higher education compared with more than half in the major industrialised countries and 15 per cent in China. Almost all of the world’s academic systems resemble a pyramid, with a small high quality tier at the top and a massive sector at the bottom. India has a tiny top tier. None of its universities occupies a solid position at the top. A few of the best universities have some excellent departments and centres and there are a small number of outstanding undergraduate colleges. The university Grants Commission’s recent major support of five universities to build on their recognised strength is a step toward recognising a differentiated academic system and fostering excellence. These universities, combined, enroll well under 1 percent of the student population. 

Which of the following is/are India’s strength/s in terms of higher education?
A: Its system of higher education allows variations
B: Medium of instruction for most higher learning is English
C: It has the paraphernalia, albeit small in number, to build a high quality higher educational sector.

Read the following passage carefully and give the answer of following questions.

The cyber–world is ultimately ungovernable. This is alarming as well as convenient; sometimes, convenient because alarming. Some Indian politicians use this to great advantage. When there is an obvious failure in governance during a crisis they deflect attention from their own incompetence towards the ungovernable. So, having failed to prevent nervous citizens from fleeing their cities of work by assuring them of proper protection, some national leaders are now busy trying to prove to one another, and to panic-prone Indians, that a mischievous neighbour has been using the internet and social networking sites to spread dangerous rumours. And the Centre's automatic reaction is to start blocking these sites and begin elaborate and potentially endless negotiations with Google, Twitter and Facebook about access to information. If this is the official idea of prompt action at a time of crisis among communities, then Indians have more reason to fear their protectors than the nebulous mischief-makers of the cyber world. Wasting time gathering proof, blocking vaguely suspicious websites, hurling accusations across the border and worrying about bilateral relations are ways of keeping busy with inessentials because one does not quite known what to do about the essentials of a difficult situation. Besides, only a fifth of the 245 websites blocked by the Centre mention the people of the Northeast or the violence in Assam. And if a few morphed images and spurious texts can unsettle an entire nation, then there is something deeply wrong with the nation and with how it is being governed. This is what its leaders should be addressing immediately, rather than making a wrongheaded display of their powers of censorship.
 It is just as absurd, and part of the same syndrome, to try to ban Twitter accounts that parody despatches from the Prime Minister's Office. To describe such forms of humour and dissent as "misrepresenting" the PMO–as if Twitter would take these parodies for genuine despatches from the PMO — makes the PMO look more ridiculous than its parodists manage to. With the precedent for such action set recently by the chief minister of West Bengal, this is yet another proof that what Bengal thinks today India will think tomorrow. Using the cyber–world for flexing the wrong muscles is essentially not funny. It might even prove to be quite dangerously distracting.

The word ‘spurious’ means

Direction: Read the following passage carefully and answer the questions given below it. Certain words / phrases have been printed in bold to help you locate them while answering some of the questions

Princess Chandravati was very beautiful. She loved all kinds of ornaments and always wanted to wear the most precious and lovely jewels. Once, a jeweler came to the palace and gifted the King a wonderful diamond necklace. It glittered with big and small diamonds. It was certainly a very expensive necklace. The princess fell in love with it as soon as she saw it. So, the king presented it to her.
 From that day on, the princess always wore that necklace, wherever she went. One day before, going for a swim in the pond, she took the necklace off and put in the hands of her oldest and the most trustworthy servant. "Hold this and be careful. This is the most precious necklace in the whole world, " she said. The Servant was an old woman. She sat under tree, holding the ornament tightly and waited for the princess. It was a hot afternoon and the servant was very tired so she dozed off under the tree. Suddenly the servant felt that someone was tugging at the necklace and she woke up with a start. She looked around but it no one was there and the necklace was gone. Scared out of her wits, the old servant started screaming. On hearing her scream the royal guards rushed to her. She pointed towards the direction in which the thief may have gone and the guards ran off that way.
 There was a poor and dim-witted farmer walking on the same road. As soon as he saw the royal guards running towards him, he thought that they wanted to catch him and started running. But he was not a strong man and could not outrun the hefty guards. The royal guards caught him in no time. “Where is it? " they demanded. shaking him. “Where is what? " the poor farmer stammered back. The necklace you stole!" thundered one of the royal guards. The farmer had no idea what they were talking about. He only understood that some precious necklace was lost and he was supposed to have it. He quickly replied, " I don't know where it is now. I gave it to my landlord.”

The guards ran towards the landlord 's house. "Give us the necklace right now ! " the guards demanded of the at landlord. "Necklace? I don’t have any!" the stunned landlord replied. Then tell us quickly who “does demanded the soldiers. In order to get the royal guards off his back, the landlord pointed towards a priest who was walking by his house and said, "He does." The guards now caught hold of the priest who was walking towards the temple and thinking about the lunch he had just eaten. The priest was stunned when one of the burly guards jumped on him and asked about the necklace. He remembered that the minister, Bhupathi, was at the temple. He took the guards to the temple and pointed towards the praying minister, “I gave it to him, "he said. Bhupati too was caught and all four men were thrown in jail. The Chief Minister of the kingdom knew Bhupati well and was sure that Bhupati would never steal. He decided to find out who the culprit was. He hid near the jail where all four men were put and heard them talking First, Bhupati asked the priest, “Panditji, why did you say that you gave the necklace to me? I was quietly praying at the temple and now you have landed me in jail for no fault of mine.” The priest looked apologetic. He pointed towards the landlord and said, " I didn’t know what to say. He set the " guards on me. I was simply passing by his house and was on my way to the temple." The landlord looked at the priest sheepishly. Then he turned towards the poor farmer and yelled. “You lazy good-for-nothing man! Why did you say that I had the necklace? " The farmer, trembling under the angry gaze of all three men, said, " I was just walking home. The guards caught me and I did not know what to say." On hearing, this conversation, he Chief Minister understood that all the four men were innocent. He immediately ordered the royal guards to search thoroughly, near the pond. The guards searched high and low till they saw something clinging the tree. On the tree sat a monkey with the princess’ favorite necklace around his neck. It took a lot of coxing and bananas before the monkey threw the necklace on the ground. The’ king apologized to at the four men and gave them gold coins as compensation. He requested his daughter to wear the necklace only indoors.

Why did the Chief Minister decide to intervene in the case of the stolen necklace?

Direction :  passage carefully and answer the questions given below it. Certain words/phrases are given in bold in the passage to help you locale them while answering some of the questions. 

Governments have traditionally equated economic progress with steel mills and cement factories. While urban centres thrive and city dwellers get rich, hundreds of millions of famers remain mired in poverty. However fears of food shortages, a rethinking of anti-poverty priorities and crushing recession in 2008 are causing a dramatic shift in world economic policy in favour of greater support for agriculture.  last time when the world's farmers felt such love was in the 1970's. At that time, as food prices spiked, there was real concern that the world was facing a crisis in which the planet was simply unable to produce enough grain and meat for an expanding population. Governments across the developing world and international aid organisations plowed investment agriculture in technological breakthroughs, like high-yield strains of important food crops, boosted production. The result was the Green Revolution and food production exploded. into the early 1970s, while But the Green Revolution became a victim of its own success. Food prices plunged by some 60% by the late 1980's from their peak in the mid- 1970's. Policy-makers and aid workers turned their attention to the poor's other pressing needs, such as health care and education. Farming got starved of resources and investment. By 2004's aid directed at agriculture sank to 3.5% and "agriculture lost its glitter", “Also, as consumers in high-growth giants such as China and India became wealthier, they began eating more meat. So grain once used for human consumption got diverted to beef up livestock. By early 2008, panicked buying by importing countries and restrictions slapped on grain exports by some big producers helped drive prices up to heights not seen for three decades. Making matters worse, land and resources got reallocated to product cash crop such as bio fuels and the result was that voluminous reserves of grain evaporated. Protests broke out across the emerging world and fierce food riots toppled governments.

Direction: Choose the words/ group of the words which is MOST OPPOSITE in meaning to the word printed in bold as used in the passage.
EVAPORATED 

Read the passage carefully and give the answer of following questions.
A glass bottle that is sent to a landfill can take up to a million years to break down. By contrast, it takes as little as 30 days for a recycled glass bottle to leave your kitchen recycling bin and appear on a store shelf as a new glass container. Glass container are 100 percent recyclable, which means they can be recyclable repeatedly, again and again, with no loss of purify or quality in the glass. Recovered glass from glass recycling is the primary ingredient in all new glass containers. A typical glass container is made of as much as 70 percent recycled glass. According to industry estimates, 80 percent of all recycled glass eventually ends up as new glass containers. Every ton of glass that is recycled save more than a ton of the raw materials needed to create new glass, including 13,00 pounds of sand, 410 pounds of soda ash, and 380 pounds of limestone.
Because glass is made from natural materials such as sand and limestones, glass containers have a low rate of chemical interaction with their contents. As a result, glass can be safety reused.
Besides serving as the primary ingredient in new glass containers, recycled glass also has many other commercial uses-from creating decorative tiles and landscaping materials to rebuilding eroded beaches.

The materials used for making glass is_