Directions (Q. 201-215): 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.
When times are hard, doomsayers are plenty. The problem is that if you listen to them too
carefully, you tend to overlook the most obvious signs of change. 2011 was a bad year. Can
2012 be any worse? Doomsday forecasts are the easiest to make these days. So let's try a
contrarian's forecast instead.

Let's start with the global economy. We have seen a steady flow of good news from the US.
The employment situation seems to be improving rapidly and consumer sentiment,
reflected in retail expenditures on discretionary items like electronics and clothes, has
picked up. If these trends sustain, the US might post better growth numbers for 2012 than
the 1.5-1.8 per cent being forecast currently.

Japan is likely to pull out of a recession in 2012 as post-earthquake reconstruction efforts
gather momentum and the fiscal stimulus announced in 2011 begins to pay off'. The
consensus estimate for growth in Japan is a respectable 2 per cent for 2012.
The "hard-landing'* scenario for China remains and will remain a myth. Growth might
decelerate further from the 9 per cent that it expected to clock in 2011 but is unlikely to
drop below-8-8.5 percent in 2012.

Europe is certainly in a spot of trouble. It is perhaps already in recession and for 2012 it is
likely to post mildly negative growth. The risk of implosion has dwindled over the last few
months peripheral economies like Greece, Italy and Spain have new governments in place
and have made progress towards genuine economic reform.

Even with some of these positive factors in place, we have to accept the fact that global
growth in 2012 will be tepid. But there is a flipside to this. Softer growth means lower
demand for commodities and this is likely to drive a correction in commodity prices. Lower
commodity inflation will enable emerging-market central banks to reverse their monetary
stance. China, for instance, has already reversed its stance and has pared its reserve ratio
twice. The RBI also seems poised for a reversal in its rate cycle as headline inflation seems
well on its way to its target of 7 per cent for March 2012.

That said, oil might be an exception to the general trend in commodities. Rising geopolitical
tensions, particularly the continuing face-off between Iran and the US, might lead to a
spurt in prices. It might make sense for our oil companies to hedge this risk instead of
buying oil in the spot market.
As inflation fears abate and emerging market central banks begin to cut rates, two things
could happen. Lower commodity inflation would mean lower interest rates and better
credit availability. This could set a floor to growth and slowly reverse the business cycle
within these economies. Second, as the fear of untamed, runaway inflation in these
economies abates, the global investor's comfort levels with their markets will increase.

Which of the emerging markets will outperform and who will get left behind? In an
environment in which global growth is likely to be weak, economies like India that have a
powerful domestic consumption dynamic should lead: those dependent on exports should,
prima facie, fall behind. Specifically for India, a fall in the exchange rate could not have
come at a better time. It will help Indian exporters gain market share even if global trade
remains depressed. More importantly, it could lead to massive import substitution that
favours domestic producers.

Let's now focus on India and start with a caveat. It is important not to confuse a short-run
cyclical dip with a permanent de-rating of its long-term structural potential. The
arithmetic is simple. Our growth rate can be in the range of 7-10 per cent depending on
policy action. Ten per cent if we get everything right, 7 per cent if we get it all wrong.
Which policies and reforms are critical to taking us to our 10 per cent potential? In judging
this, let's again be careful. Let's not go by the laundry list of reforms that Flls like to wave:
increase in foreign equity limits in foreign shareholding, greater voting rights for
institutional shareholders in banks, FDI in retail, etc. These can have an impact only at the
margin. We need not bend over backwards to appease the Flls through these reforms they
will invest in our markets when momentum picks up and will be the first to exit when the
momentum flags, reforms or not.

The reforms that we need are the ones that can actually raise our. sustainable long-term
growth rate. These have to come in areas like better targeting of subsidies, making projects
in infrastructure viable so that they draw capital. raising the productivity of agriculture,
improving healthcare and education, bringing the parallel economy under the tax net.
implementing fundamental reforms in taxation like GST and the direct tax code and finally
easing the myriad rules and regulations that make doing business in India such a
nightmare. A number of these things do not require new legislation and can be done
through executive order.


201. Which of the following is NOT TRUE according to the
passage?

China's economic growth may decline in the year 2012 as compared to the year 2011.
The European economy is not doing very well.
Greece is on the verge of bringing about economic reforms.
In the year 2012, Japan may post a positive growth and thus pull out of recession.
All are true

202. Which of the following will possibly be a result of softer
growth estimated for the year 2012?

Prices ofoil will not increase.
Credit availability would be lesser.
Commodity inflation would be lesser.
Only Only and
Only and
Only
All and

203. Which of the following can be said about the present
status of the US economy?

There is not much improvement in the economic scenario of the country from the year 2011.
The growth in the economy of the country, in the year 2012, would definitely be lesser than
1.8 percent.
The expenditure on clothes and electronic commodities, by consumers, is lesser than that in
the year 2011.
There is a chance that in 2012 the economy would do better than what has been forecast.
The pace of change in the employment scenario of the country is very slow.

204. Which of the following is possibly the most appropriate
title for the passage?

The Economic Disorder
Indian Economy Versus The European Economy
Global Trade
The Current Economic Scenario
Characteristics of The Indian Economy

205. According to the author, which of the following would
characterise Indian growth scenario in 2012?

Domestic producers will take a hit because of depressed global trade scenario.
On account of its high domestic consumption, India will lead.
Indian exporters will have a hard time in gaining market share.
Only Only and
Only and(C) Only
All and

206. Why does the author not recommend taking up the
reforms suggested by Flls?

These will bring about only minor growth.
The reforms suggested will have no effect on the economy of our country, but will benefit the
Flls significantly.
The previous such recommendations had backfired.
These reforms will be the sole reason for our country's economic downfall.
The reforms suggested by them are not to be trusted as they will not bring about any positive
growth in India.

207. Which of the following is TRUE as per the scenario
presented in the passage?

The highest growth rate that India can expect is 7 per cent.
The fall in the exchange rate will prove beneficial to India.
Increased FDI in retail as suggested by Flls would benefit India tremendously.
The reforms suggested by the author require new legislations in India.
None is true

208. According to the author, which of the following
reform/s is/are needed to ensure long-term growth in India?

Improving healthcare and educational facilities
Bringing about reforms in taxation
Improving agricultural productivity
Only
Only and(B)
Only and
Only
All

Directions (Q. 209-212): Choose the word/group of words which is most similar in meaning
to the word/group of words printed in bold as used in the passage.

209. DRAW

entice
push
decoy
attract
persuade

210. CLOCK

watch
achieve
time
second
regulate

211. ABATE

rise
gear
hurl
lessen
retreat

212. EMERGING

raising
developing
noticeable
conspicuous
uproaring


Directions (Q. 213-215): Choose the word/group of words
which is most opposite in meaning to the word/group of
words printed in bold as used in the passage.

213. MYRIAD

trivial
difficult
few
effortless
countless

214. TEPID

moderate
high
warm
irregular
little

215. MYTH

reality
belief
contrast
idealism
falsehood


Directions (Q. 216-220): Rearrange the following six sentences and
in the proper sequence to form a meaningful paragraph; then answer the questions given
below them.


If China is the world's factory. India has become the world's outsourcing centre keeping in
line with this image.

But India's future depends crucially on its ability to compete fully in the Creative Economy
not just in tech and software, but across design and entrepreneurship; arts, culture and
entertainment; and the knowledge-based professions of medicine, finance and law.

While its creative assets outstrip those of other emerging competitors, India must address
several challenges to increase its international competitiveness as the world is in the midst of a
sweeping transformation.

This transformation is evident in the fact that the world is moving from an industrial
economy to a Creative Economy that generates wealth by harnessing intellectual labour,
intangible goods and human creative capabilities.

Its software industry is the world's second-largest, its tech outsourcing accounts for more
than half of the $300 billion global industry, according to a technology expert.

If the meeting of world leaders at Davos is any indication, India is rapidly becoming an
economic 'rock star'.

216. Which of the following should be the SIXTH (LAST)
sentence after the rearrangement?

A
B
C
D
E

217. Which of the following should be the THIRD sentence
after the rearrangement?

A
B
C
D
E

218. Which of the following should be the FIFTH sentence
after the rearrangement?

A
B
C
F
E

219. Which of the following should be the FIRST sentence
after the rearrangement?

F
B
C
A
E

220. Which of the following should be the SECOND sentence
after the rearrangement?

A
B
C
D
F

Directions (Q. 221-225): The following questions consist of a single sentence with one blank
only. You are given six words denoted by D. E F as answer choices and from the

six choices you have to pick two correct answers, either of which will make the sentence
meaningfully complete.

221. before the clock struck 8 on Saturday night,
India Gate was swamped with people wearing black
shirts and holding candles.

Minutes Time
Later Quickly
Since Seconds

and
and
and
and
and

222. The state should take steps process of
teachers appointments as the Centre has already sanctioned
six lakh posts.

fasten move
hasten spced
early quicken


and
and
and
and
and

223. A senior citizen's her every day
and physically harmed her, forcing her to transfer her
property to him.

superficially mistakenly
allegedly miserably
doubtfully purportedly

and
and
and
and
and

224. Medical teachers said that the management had
continued to remain ............. to their cause leading to the stretching of their strike.

unmoved
lethargic
unconcerned
apathetic
indifferent
bored

and
and
and
and
and

225. The parents had approached the high court to
the government order after their children, who passed UKG,
were denied admission by a school.

void quash
annul stay
lift post

and
and
and
and
and


Directions (Q. 226-235): Read each sentence to find out whether there is any grammatical
error or idiomatic error in it. The error, if any, will be in one part of the sentence. The
number of that part is the answer. If there is error', the answer is (Ignore errors of
punctuation, if any.)

226.

The Government has asked individuals
with income of over 10 lakhs to
electronic file tax returns for the year 2011
something which was optional till last year.
No error

227.

The power tariff had already
been increased twice in
the last 15 months and the Electricity Board had also
(4)levied add itionafmonthly charges to consumers./
No error

228.

Despite of curfew
in some areas, minor
communal incidents were reported
from different areas of the walled city.
No error

229.

This comes
at a rime
when fund allocation
is been doubled.
No error

230.

As the prison will get
official telephone facility soon the prisoners
won't have to make calls in discreet manner
(4)through smuggled mobile phones.
No error

231.

The area was plunged into
darkness mid a wave of/
cheering and shouting
slogans like 'Save The Earth'.
No error.

232.

The poll contestants approached the commission/
complaining that the hoardings
violated the code of conduct
and influenced public perception.
No error

233.

The country has
adequate laws but problems arise
(3)when these are not
implemented in letter and spirit.
No error

234.

The Management feels that
the employees of the organisation are
non-productive, and do not want
to work hard.
No error

235.

As far the issue of land encroachment
in villages is concerned, people will
have to make a start from their villages by
sensitising and educating the villagers about this issue.
No error


Directions (Q. 236-240): Which of the phrases and given below each sentence
should replace the word/ phrase printed in bold in the sentence to make it grammatically
correct? If the sentence is correct as it is given and no correction is required, mark as
the answer.

236. US secretary of state made it clear that time running
out for diplomacy over Iran's nuclear programme and said
that talks aimed at preventing Tehran from acquiring a
nuclear weapon would resume in April.

runs out
was running out
ran out
run
No correction required

237. While the war of the generals rage on, somewhere in
small-town India, wonderful things are happening, quietly
and minus fanfare.

rage
raging
rages on
raged on
No correction required

238. According to WWF, the small island nation of Samoa
was the first in switch off its lights for Earth Hour.

first to switch of
the first to switch off
the first of switch off
first in switch of
No correction required

239. The campaign is significant because not just the youths
are directly appealing to the world but because their efforts
challenge the chimera of normalcy in the area.

not just because
just not because
not just
because just
No correction required

240. The doctor's association has threatened to go on
indefinite strike support of their teachers.

on supporting to
to supporting
for support
in support of
No correction required


Directions (Q. 241-250): In the following passage there are blanks, each of which has been
numbered. These numbers are printed below the passage and against each, five
words/phrases are suggested, one of which fits the blank appropriately. Find out the
appropriate word/phrase in each case.

Greenhouse gases are only of the story when it comes to global warming. Changes to
one part of the climate system can additional changes to the way the planet absorbs
or reflects energy. These secondary changes are climate feedbacks, and they could
more than double the amount of warming caused by carbon dioxide alone. The primary
feedbacks are to snow and ice, water vapour, clouds, and the carbon cycle.

Perhaps the most well feedback comes from melting snow and ice in the Northern
Hemisphere. Warming temperatures are already a growing percentage of Arctic-sea
ice, exposing dark ocean water during the sunlight of summer. Snow cover on land is
also in many areas. In the of snow and ice, these areas go from having bright,
sunlight-reflecting surfaces that cool the planet to having dark, sunlight-absorbing surfaces
that more energy into the Earth system and cause more warming.

241.

whole
part
material
issue
most

242.

raise
brings
refer
stop
cause

243.

sensed
called
nothing
but
term

244.

due
results
reason
those
because

245.

done
known
ruled
bestowed
said

246.

mastering
sending
melting
calming
increasing

247.

make-shift
ceasing
troubled
perpetual
absent

248.

dwindling
manufactured
descending
generating
supplied

249.

progress
reduced
existence
midst
absence

250.

repel
waft
monitor
bring access