IBPS PO 2017 Prelim : English Test Day 7

Directions (Q1-10):
A set of weak economic numbers has left the Central government (1) to do something to set things in order. Finance Minister Arun Jaitley last week promised appropriate action to (2) the economy without going too much into the details of what could be in store. There is, however, talk that increased fiscal spending to the tune of ₹50,000 crore or more may be approved by the government to make up for lack of private investment. This comes after the expansion in gross domestic product slowed to a multi-year low of 5.7% in the first quarter of 2017-18, and industrial output growth dropped to 1.2% in July, compared to 4.5% a year earlier. In addition, retail price inflation jumped to a five-month high of 3.36% in August from 2.36% in July, further dimming the (3) of a monetary (4) from the Reserve Bank of India to help boost the economy. The demonetisation of high-value rupee notes in November, and the implementation of the Goods and Services Tax this year seem to be the most proximate causes behind the (5) growth numbers released so far. But, as many have pointed out over the last few months, the economy has been decelerating for the last five quarters. In such a case, demonetisation and GST have merely brought to the fore a more fundamental weakness in the economy.
Increased fiscal spending is unlikely to provide more than short-term relief to this problem, as it will not address any of the production (6) in the economy. In addition, any loosening of the fiscal deficit target will affect India’s standing among global investors and project the image of a government (7) to fiscal stimulus to make up for the lack of more meaningful reforms. The real (8) to the current slowdown, on the other hand, is known all too well. The various (9) in the market for land and labour have been holding back the economy for decades now, stopping investors from risking their capital on large-scale projects needed to boost growth. Further, the overall unease involved in doing business in the country and the even larger uncertainty (10) around the rules that govern the conduct of business have seriously held back growth

1?

Directions (Q1-10):
A set of weak economic numbers has left the Central government (1) to do something to set things in order. Finance Minister Arun Jaitley last week promised appropriate action to (2) the economy without going too much into the details of what could be in store. There is, however, talk that increased fiscal spending to the tune of ₹50,000 crore or more may be approved by the government to make up for lack of private investment. This comes after the expansion in gross domestic product slowed to a multi-year low of 5.7% in the first quarter of 2017-18, and industrial output growth dropped to 1.2% in July, compared to 4.5% a year earlier. In addition, retail price inflation jumped to a five-month high of 3.36% in August from 2.36% in July, further dimming the (3) of a monetary (4) from the Reserve Bank of India to help boost the economy. The demonetisation of high-value rupee notes in November, and the implementation of the Goods and Services Tax this year seem to be the most proximate causes behind the (5) growth numbers released so far. But, as many have pointed out over the last few months, the economy has been decelerating for the last five quarters. In such a case, demonetisation and GST have merely brought to the fore a more fundamental weakness in the economy.
Increased fiscal spending is unlikely to provide more than short-term relief to this problem, as it will not address any of the production (6) in the economy. In addition, any loosening of the fiscal deficit target will affect India’s standing among global investors and project the image of a government (7) to fiscal stimulus to make up for the lack of more meaningful reforms. The real (8) to the current slowdown, on the other hand, is known all too well. The various (9) in the market for land and labour have been holding back the economy for decades now, stopping investors from risking their capital on large-scale projects needed to boost growth. Further, the overall unease involved in doing business in the country and the even larger uncertainty (10) around the rules that govern the conduct of business have seriously held back growth

2?

Directions (Q1-10):
A set of weak economic numbers has left the Central government (1) to do something to set things in order. Finance Minister Arun Jaitley last week promised appropriate action to (2) the economy without going too much into the details of what could be in store. There is, however, talk that increased fiscal spending to the tune of ₹50,000 crore or more may be approved by the government to make up for lack of private investment. This comes after the expansion in gross domestic product slowed to a multi-year low of 5.7% in the first quarter of 2017-18, and industrial output growth dropped to 1.2% in July, compared to 4.5% a year earlier. In addition, retail price inflation jumped to a five-month high of 3.36% in August from 2.36% in July, further dimming the (3) of a monetary (4) from the Reserve Bank of India to help boost the economy. The demonetisation of high-value rupee notes in November, and the implementation of the Goods and Services Tax this year seem to be the most proximate causes behind the (5) growth numbers released so far. But, as many have pointed out over the last few months, the economy has been decelerating for the last five quarters. In such a case, demonetisation and GST have merely brought to the fore a more fundamental weakness in the economy.
Increased fiscal spending is unlikely to provide more than short-term relief to this problem, as it will not address any of the production (6) in the economy. In addition, any loosening of the fiscal deficit target will affect India’s standing among global investors and project the image of a government (7) to fiscal stimulus to make up for the lack of more meaningful reforms. The real (8) to the current slowdown, on the other hand, is known all too well. The various (9) in the market for land and labour have been holding back the economy for decades now, stopping investors from risking their capital on large-scale projects needed to boost growth. Further, the overall unease involved in doing business in the country and the even larger uncertainty (10) around the rules that govern the conduct of business have seriously held back growth

3?

Directions (Q1-10):
A set of weak economic numbers has left the Central government (1) to do something to set things in order. Finance Minister Arun Jaitley last week promised appropriate action to (2) the economy without going too much into the details of what could be in store. There is, however, talk that increased fiscal spending to the tune of ₹50,000 crore or more may be approved by the government to make up for lack of private investment. This comes after the expansion in gross domestic product slowed to a multi-year low of 5.7% in the first quarter of 2017-18, and industrial output growth dropped to 1.2% in July, compared to 4.5% a year earlier. In addition, retail price inflation jumped to a five-month high of 3.36% in August from 2.36% in July, further dimming the (3) of a monetary (4) from the Reserve Bank of India to help boost the economy. The demonetisation of high-value rupee notes in November, and the implementation of the Goods and Services Tax this year seem to be the most proximate causes behind the (5) growth numbers released so far. But, as many have pointed out over the last few months, the economy has been decelerating for the last five quarters. In such a case, demonetisation and GST have merely brought to the fore a more fundamental weakness in the economy.
Increased fiscal spending is unlikely to provide more than short-term relief to this problem, as it will not address any of the production (6) in the economy. In addition, any loosening of the fiscal deficit target will affect India’s standing among global investors and project the image of a government (7) to fiscal stimulus to make up for the lack of more meaningful reforms. The real (8) to the current slowdown, on the other hand, is known all too well. The various (9) in the market for land and labour have been holding back the economy for decades now, stopping investors from risking their capital on large-scale projects needed to boost growth. Further, the overall unease involved in doing business in the country and the even larger uncertainty (10) around the rules that govern the conduct of business have seriously held back growth

4?

Directions (Q1-10):
A set of weak economic numbers has left the Central government (1) to do something to set things in order. Finance Minister Arun Jaitley last week promised appropriate action to (2) the economy without going too much into the details of what could be in store. There is, however, talk that increased fiscal spending to the tune of ₹50,000 crore or more may be approved by the government to make up for lack of private investment. This comes after the expansion in gross domestic product slowed to a multi-year low of 5.7% in the first quarter of 2017-18, and industrial output growth dropped to 1.2% in July, compared to 4.5% a year earlier. In addition, retail price inflation jumped to a five-month high of 3.36% in August from 2.36% in July, further dimming the (3) of a monetary (4) from the Reserve Bank of India to help boost the economy. The demonetisation of high-value rupee notes in November, and the implementation of the Goods and Services Tax this year seem to be the most proximate causes behind the (5) growth numbers released so far. But, as many have pointed out over the last few months, the economy has been decelerating for the last five quarters. In such a case, demonetisation and GST have merely brought to the fore a more fundamental weakness in the economy.
Increased fiscal spending is unlikely to provide more than short-term relief to this problem, as it will not address any of the production (6) in the economy. In addition, any loosening of the fiscal deficit target will affect India’s standing among global investors and project the image of a government (7) to fiscal stimulus to make up for the lack of more meaningful reforms. The real (8) to the current slowdown, on the other hand, is known all too well. The various (9) in the market for land and labour have been holding back the economy for decades now, stopping investors from risking their capital on large-scale projects needed to boost growth. Further, the overall unease involved in doing business in the country and the even larger uncertainty (10) around the rules that govern the conduct of business have seriously held back growth

5?

Directions (Q1-10):
A set of weak economic numbers has left the Central government (1) to do something to set things in order. Finance Minister Arun Jaitley last week promised appropriate action to (2) the economy without going too much into the details of what could be in store. There is, however, talk that increased fiscal spending to the tune of ₹50,000 crore or more may be approved by the government to make up for lack of private investment. This comes after the expansion in gross domestic product slowed to a multi-year low of 5.7% in the first quarter of 2017-18, and industrial output growth dropped to 1.2% in July, compared to 4.5% a year earlier. In addition, retail price inflation jumped to a five-month high of 3.36% in August from 2.36% in July, further dimming the (3) of a monetary (4) from the Reserve Bank of India to help boost the economy. The demonetisation of high-value rupee notes in November, and the implementation of the Goods and Services Tax this year seem to be the most proximate causes behind the (5) growth numbers released so far. But, as many have pointed out over the last few months, the economy has been decelerating for the last five quarters. In such a case, demonetisation and GST have merely brought to the fore a more fundamental weakness in the economy.
Increased fiscal spending is unlikely to provide more than short-term relief to this problem, as it will not address any of the production (6) in the economy. In addition, any loosening of the fiscal deficit target will affect India’s standing among global investors and project the image of a government (7) to fiscal stimulus to make up for the lack of more meaningful reforms. The real (8) to the current slowdown, on the other hand, is known all too well. The various (9) in the market for land and labour have been holding back the economy for decades now, stopping investors from risking their capital on large-scale projects needed to boost growth. Further, the overall unease involved in doing business in the country and the even larger uncertainty (10) around the rules that govern the conduct of business have seriously held back growth

6?

Directions (Q1-10):
A set of weak economic numbers has left the Central government (1) to do something to set things in order. Finance Minister Arun Jaitley last week promised appropriate action to (2) the economy without going too much into the details of what could be in store. There is, however, talk that increased fiscal spending to the tune of ₹50,000 crore or more may be approved by the government to make up for lack of private investment. This comes after the expansion in gross domestic product slowed to a multi-year low of 5.7% in the first quarter of 2017-18, and industrial output growth dropped to 1.2% in July, compared to 4.5% a year earlier. In addition, retail price inflation jumped to a five-month high of 3.36% in August from 2.36% in July, further dimming the (3) of a monetary (4) from the Reserve Bank of India to help boost the economy. The demonetisation of high-value rupee notes in November, and the implementation of the Goods and Services Tax this year seem to be the most proximate causes behind the (5) growth numbers released so far. But, as many have pointed out over the last few months, the economy has been decelerating for the last five quarters. In such a case, demonetisation and GST have merely brought to the fore a more fundamental weakness in the economy.
Increased fiscal spending is unlikely to provide more than short-term relief to this problem, as it will not address any of the production (6) in the economy. In addition, any loosening of the fiscal deficit target will affect India’s standing among global investors and project the image of a government (7) to fiscal stimulus to make up for the lack of more meaningful reforms. The real (8) to the current slowdown, on the other hand, is known all too well. The various (9) in the market for land and labour have been holding back the economy for decades now, stopping investors from risking their capital on large-scale projects needed to boost growth. Further, the overall unease involved in doing business in the country and the even larger uncertainty (10) around the rules that govern the conduct of business have seriously held back growth

7?

Directions (Q1-10):
A set of weak economic numbers has left the Central government (1) to do something to set things in order. Finance Minister Arun Jaitley last week promised appropriate action to (2) the economy without going too much into the details of what could be in store. There is, however, talk that increased fiscal spending to the tune of ₹50,000 crore or more may be approved by the government to make up for lack of private investment. This comes after the expansion in gross domestic product slowed to a multi-year low of 5.7% in the first quarter of 2017-18, and industrial output growth dropped to 1.2% in July, compared to 4.5% a year earlier. In addition, retail price inflation jumped to a five-month high of 3.36% in August from 2.36% in July, further dimming the (3) of a monetary (4) from the Reserve Bank of India to help boost the economy. The demonetisation of high-value rupee notes in November, and the implementation of the Goods and Services Tax this year seem to be the most proximate causes behind the (5) growth numbers released so far. But, as many have pointed out over the last few months, the economy has been decelerating for the last five quarters. In such a case, demonetisation and GST have merely brought to the fore a more fundamental weakness in the economy.
Increased fiscal spending is unlikely to provide more than short-term relief to this problem, as it will not address any of the production (6) in the economy. In addition, any loosening of the fiscal deficit target will affect India’s standing among global investors and project the image of a government (7) to fiscal stimulus to make up for the lack of more meaningful reforms. The real (8) to the current slowdown, on the other hand, is known all too well. The various (9) in the market for land and labour have been holding back the economy for decades now, stopping investors from risking their capital on large-scale projects needed to boost growth. Further, the overall unease involved in doing business in the country and the even larger uncertainty (10) around the rules that govern the conduct of business have seriously held back growth

8?

Directions (Q1-10):
A set of weak economic numbers has left the Central government (1) to do something to set things in order. Finance Minister Arun Jaitley last week promised appropriate action to (2) the economy without going too much into the details of what could be in store. There is, however, talk that increased fiscal spending to the tune of ₹50,000 crore or more may be approved by the government to make up for lack of private investment. This comes after the expansion in gross domestic product slowed to a multi-year low of 5.7% in the first quarter of 2017-18, and industrial output growth dropped to 1.2% in July, compared to 4.5% a year earlier. In addition, retail price inflation jumped to a five-month high of 3.36% in August from 2.36% in July, further dimming the (3) of a monetary (4) from the Reserve Bank of India to help boost the economy. The demonetisation of high-value rupee notes in November, and the implementation of the Goods and Services Tax this year seem to be the most proximate causes behind the (5) growth numbers released so far. But, as many have pointed out over the last few months, the economy has been decelerating for the last five quarters. In such a case, demonetisation and GST have merely brought to the fore a more fundamental weakness in the economy.
Increased fiscal spending is unlikely to provide more than short-term relief to this problem, as it will not address any of the production (6) in the economy. In addition, any loosening of the fiscal deficit target will affect India’s standing among global investors and project the image of a government (7) to fiscal stimulus to make up for the lack of more meaningful reforms. The real (8) to the current slowdown, on the other hand, is known all too well. The various (9) in the market for land and labour have been holding back the economy for decades now, stopping investors from risking their capital on large-scale projects needed to boost growth. Further, the overall unease involved in doing business in the country and the even larger uncertainty (10) around the rules that govern the conduct of business have seriously held back growth

9?

Directions (Q1-10):
A set of weak economic numbers has left the Central government (1) to do something to set things in order. Finance Minister Arun Jaitley last week promised appropriate action to (2) the economy without going too much into the details of what could be in store. There is, however, talk that increased fiscal spending to the tune of ₹50,000 crore or more may be approved by the government to make up for lack of private investment. This comes after the expansion in gross domestic product slowed to a multi-year low of 5.7% in the first quarter of 2017-18, and industrial output growth dropped to 1.2% in July, compared to 4.5% a year earlier. In addition, retail price inflation jumped to a five-month high of 3.36% in August from 2.36% in July, further dimming the (3) of a monetary (4) from the Reserve Bank of India to help boost the economy. The demonetisation of high-value rupee notes in November, and the implementation of the Goods and Services Tax this year seem to be the most proximate causes behind the (5) growth numbers released so far. But, as many have pointed out over the last few months, the economy has been decelerating for the last five quarters. In such a case, demonetisation and GST have merely brought to the fore a more fundamental weakness in the economy.
Increased fiscal spending is unlikely to provide more than short-term relief to this problem, as it will not address any of the production (6) in the economy. In addition, any loosening of the fiscal deficit target will affect India’s standing among global investors and project the image of a government (7) to fiscal stimulus to make up for the lack of more meaningful reforms. The real (8) to the current slowdown, on the other hand, is known all too well. The various (9) in the market for land and labour have been holding back the economy for decades now, stopping investors from risking their capital on large-scale projects needed to boost growth. Further, the overall unease involved in doing business in the country and the even larger uncertainty (10) around the rules that govern the conduct of business have seriously held back growth

10?