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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...

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 rotten harvest. Vegetables from farther afield-including a politicaly sensitive delivery from a neighbouring country – are costly to move on India’s crowded, potholed roads. Few refrigerated lorries and poor logistics mean that much of each harvest is wasted. Newspapers allege hoarders and cashing in.
                The biggest problems are structural. Food producers, hampered by land restrictions, archaic retail networks and bad infrastructure, fail to meet extra demand from consumers. It was estimated in October that a 39% rise in income per person in the previous five years might have created an extra 220 million regular onsumers of milk, eggs, meat and fish. Supplies have not kept up with this potential demand.
                 The broader inflation rate may be a less eye-watering problem than the onions suggest. The cental bank has lifted interest rates steadily in the past year and is expected to do so again later this month. Headline inflation fell to 7.5% in November, down by just over a percentage point from October. though it is still above central bank’s forecast of 5.5% for March.

Q

Which of the following is/are TRUE in the context of the passage ?

(A) : The interest rates are being raised in India.
(B) : India is witnessing a steady economic growth.
(C) : It has been proven that food inflation is mainly because of hoarding.

A

All (A), (B) and (C)

B

Only (A) and (B)

C

Only (C)

D

Only (B) and (C)

E

None is true

A

All (A), (B) and (C)

B

Only (A) and (B)

C

Only (C)

D

Only (B) and (C)

E

None is true

Solution

Only (A) and (B)

Only (A) and (B)

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