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Direction: Given below is a passage with five blanks (A-E). A phrase written in brackets is given against each blank. Choose the right word from the options which can replace the phrase most appropriately. If none of the options are fit for replacement, according to you, then select ‘None of these' as your answer.
India’s Economic growth has slowed for 5 _______(A) (that follow one after another) quarters beginning from late 2015-16 onwards. It could be a serious blow for a government that had promised to turn around the economy through ________(B) (capable of making choices quickly and surely) governance. India’s GDP growth has gone down from a high of 9.2% in the Third Quarter of the year 2016 to 5.7% in the current 4thquarter of 2017. The economic growth rate is probably the slowest in the last many years. However, the Indian Economy as per global standard is not in the _______(C) (slowdown or a massive contraction) stage. The UK and the European Union consider an economy in recession only when real GDP growth actually turns negative over two consecutive quarters and by this criterion, with a positive growth rate of 5.7%, the Indian economy is far off from being in a recession. All four contributors to economic growth – domestic consumption, foreign consumption or exports, private investment and government spending – are hit by the slowdown. In the first quarter of this ______ (D) (connected with [public] money) year, domestic consumption fell to 6.66% as against 8.41% in the same period last fiscal; exports as a share of the Gross Domestic Product was down to 19% from 20%; and fixed capital formation decreased from about 31% of the GDP to 29.8%, _______(E) (to convey something) a slowdown in the industry as well.
Which of the following fits the blank labelled (C)?
recessionary
peripheral
resurgence
marshal
None of the above
- Option 1: recessionary - This word aligns well with the context. The passage discusses economic growth slowing down, and "recessionary" appropriately describes a slowdown or massive contraction.
- Option 2: peripheral - This means related to something at the edge, not central. It's not suitable here as the focus is on economic slowdown, not something secondary or marginal.
- Option 3: resurgence - This refers to an increase or revival after a period of little activity, suggesting growth rather than a slowdown.
- Option 4: marshal - Typically means to arrange or assemble. It doesn't relate to the economic context here.
- Correct Answer: Option 1: recessionary
By: Parvesh Mehta ProfileResourcesReport error
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