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Read the following passage carefully and answer the following questions. Certain words/phrases have been printed in ITALIC and have been underlined to help you locate them while answering some of the questions. Jagir Singh has sold red onions at a market in South Delhi every day for the past half-century. Perched on an upturned crate, wrapped tight against chill air, he offers pyaz, a staple for much Indian cooking, for 60 rupees a kilo, the most he can remember. Business is brisk but most customers pick up only a small handful of onions. That is just as well wholesale supplies are tight, he says, and the quality is poor.                   As India’s economy grows by some 9% a year, food prices are soaring. In late December the commerce ministry judged that food inflation had reached 18.3%, with pricey vegetables mostly to blame. Officials have made some attempts to temper the rise in the past month scrapping import taxes for onions, banning their export and ordering low-priced sales at government-run shops. But there is no quick fix.                  Heavy rain in the west of India brought a…
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In the following passage there are blanks, each of which has been numbered. For each number, choose the word which fits the blank appropriately from the suggestions provided. Find out the appropriate word in each case.    Twenty years (1) now, nearly 60% of the world’s population will live in urban areas. The impact of urbanization might not all be positive on India as urban expansion is happening at a much (2) rate than infrastructure expansion.  Sustainability issues need to be (3) so that economic development is not at the (4) of public…
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Read the following passage carefully and answer the following questions. Certain words/phrases have been printed in ITALIC and have been underlined to help you locate them while answering some of the questions. Financial Inclusion (FI) is an emerging priority for banks that have nowhere else to go to achieve business growth. The viability of FI business is under question, because while banks and their delivery partners continue to make investments, they haven’t seen commensurate returns. In markets like India, most programmes are focussed on customer on boarding, an expensive process which people often find difficult to afford, involving issuance of smart cards to the customers. However, large scale customer scquisition hasn’t translated into large-scale business, with many…
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