Comprehension Test Questions and Answers Practice Question and Answer
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Answer : 4. "serve"
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Answer : 4. "BAC"
Q:The conclusion of World Trade Organization’s 11th biennial ministerial conference at Buenos Aires was worrisome. From an Indian standpoint, there was no loss as status quo continues in the most important issue: the right to continue the food security programme by using support prices. But the inability of the negotiators to reach even one substantive outcome suggests that WTO’s efficacy is under question. As a 164-country multilateral organisation dedicated to crafting rules of trade through consensus, WTO represents the optimal bet for developing countries such as India. Strengthening WTO is in India’s best interest.
Perhaps the biggest threat to WTO’s efficacy today is the attitude of the US. The world’s largest economy appears to have lost faith in the organisation and has begun to undermine one of its most successful segments, the dispute redressal mechanism. This is significant as the US has been directly involved in nearly half of all cases brought to WTO. Separately, large groups of countries decided to pursue negotiations on e-commerce, investment facilitation and removal of trade obstacles for medium and small scale industries. By itself this should not weaken WTO. But it comes at a time when there is growing frustration with gridlock at WTO.
India did well to defend its position on its food security programme. The envisaged reform package which will see a greater use of direct cash transfers to beneficiaries will be in sync with what developed countries do. But it’s important for India to enhance its efforts to reinvigorate WTO. In this context, India’s plan to organise a meeting of some countries early next year is a step in the right direction. WTO represents the best available platform to accommodate interests of a diverse set of nations. Therefore, India should be at the forefront of moves to fortify it.
What is the biggest threat to WTO’s efficacy today?
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60228e31ad295556282b3145Perhaps the biggest threat to WTO’s efficacy today is the attitude of the US. The world’s largest economy appears to have lost faith in the organisation and has begun to undermine one of its most successful segments, the dispute redressal mechanism. This is significant as the US has been directly involved in nearly half of all cases brought to WTO. Separately, large groups of countries decided to pursue negotiations on e-commerce, investment facilitation and removal of trade obstacles for medium and small scale industries. By itself this should not weaken WTO. But it comes at a time when there is growing frustration with gridlock at WTO.
India did well to defend its position on its food security programme. The envisaged reform package which will see a greater use of direct cash transfers to beneficiaries will be in sync with what developed countries do. But it’s important for India to enhance its efforts to reinvigorate WTO. In this context, India’s plan to organise a meeting of some countries early next year is a step in the right direction. WTO represents the best available platform to accommodate interests of a diverse set of nations. Therefore, India should be at the forefront of moves to fortify it.
- 1Negotiators of WTO are not decision takers.false
- 2WTO’s lame attitude towards global trade.false
- 3India being not working in its best interest.false
- 4Lost of faith in WTO by US.true
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Answer : 4. "Lost of faith in WTO by US."
Q: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.
How can the banks take risks without risking a failure?
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6391bc5258400a550dd7a384- 1By being innovative.true
- 2By soliciting the help of the government.false
- 3By being financially healthy.false
- 4By being conservative.false
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Answer : 1. "By being innovative."
Q: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 following is a list of statements made by the author of the above passage. Pick the odd one out
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5f28ecc7e3005114abd8f22dIt 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.
- 1It is absurd to ban Twitter accounts that parody despatches from the Prime Minister’s Office.false
- 2Twitter take these parodies for genuine despatches from the PMO.false
- 3To describe such forms of humour as ‘misrepresenting’ the PMO makes the PMO look more ridiculous.false
- 4The Precedent for such action was set recently by the chief minister of West Bengal.true
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Answer : 4. "The Precedent for such action was set recently by the chief minister of West Bengal."
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Answer : 3. "subject"
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Answer : 3. "Both A and B"
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