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Bank PO :: Test No 60
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1 .

Direction (Q. 1-5): Study the following information carefully and answer the given questions.
The prospects for the Indian economy this year will be influenced by the behaviour of the monsoon and expansion of commerce and trade. The Eleventh Plan has envisaged a growth target of 8%. If the agriculture sector does well and the world trade conditions improve then it is possible to achieve a growth of 6-7%. We need to improve our economy and aim at a higher rate of growth in order to feed our population, maintain the standard of living and improve the quality of life. It is now more than 10 years since we have adopted reforms. We need to go forward in liberalisation but we cannot throw open the market for everything. There are sectors like village industries which need protection.

Which of the following is an assumption which is implicit in the facts stated in the above paragraph ?

A.    India should adopt economic policies of developed countries. B.    Free market strategy is beneficial for India, but not in all the sectors.
C.    Over the last few years, we have achieved sustained growth. D.    A very good monsoon is expected this year.
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2 .

Which of the following is an inference which can be drawn from the facts stated in the paragraph ?

A.    The world trade conditions donot affect Indian economy. B.    The world trade conditions have a major impact on Indian economy.
C.    Indian economy has been downgarded since last decade. D.    Govt should cut the subsidies in order to obtain sustained growth.
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3 .

Which of the following is a conclusion which can be drawn from the facts stated in the above paragraph ?

A.    India may become a super economic power some day. B.    The standard of living of people has continuously degraded in India.
C.    Growth of Indian economy and a good monsoon are complement of each other. D.    Indian economy is on the peak of growth.
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4 .

Which of the following weakens the following statement: "The current trend of liberalisation is good enough to sustain about 6% growth."

A.    Micro and small industries are helpful in achieving sustained growth, so they need protection. B.    Govt should not hesitate in opening market operations.
C.    India should make bilateral trade agreements with other countries. D.    India should open its market for all.
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5 .

Which of the following statements is definitely false ?

A.    As the economy grows, the standard of living gets better. B.    Govt has taken steps to reduce hunger.
C.    The economic growth in the current year will entirely depend on agricultural production. D.    The economic growth depends on global economic conditions.
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6 .

Direction (Q. 6-10): In each of the questions given below, which one of the following five Answer Figures on the right should come after the Problem Figures on the left, if the sequence were continued ?

                         Problem Figures                                                            Answer Figures

A.    Answer Figure 2 B.    Answer Figure 3
C.    Answer Figure 4 D.    Answer Figure 5
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7 .

                        Problem Figures                                                             Answer Figures 

A.    Answer Figure 1 B.    Answer Figure 2
C.    Answer Figure 3 D.    Answer Figure 4
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8 .

                         Problem Figures                                                            Answer Figures

A.    Answer Figure 1 B.    Answer Figure 2
C.    Answer Figure 3 D.    Answer Figure 4
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9 .

                          Problem Figures                                                            Answer Figures

A.    Answer Figure 1 B.    Answer Figure 2
C.    Answer Figure 3 D.    Answer Figure 4
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10 .

                         Problem Figures                                                            Answer Figures 

A.    Answer Figure 1 B.    Answer Figure 2
C.    Answer Figure 3 D.    Answer Figure 4
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