reading comprehension Practice Questions Answers Test with Solutions & More Shortcuts

DIRECTIONS:

Read the following passage carefully and answer the questions given below. Certain words/phrases are printed in bold to help you to locate them while answering some of the questions.

PASSAGE

Since July 1991, the government of India has effectively put the liberalisation policy into practice. The drastic steps even include some administrative reforms for pruning the government agencies. Last year the Japanese business circles represented by the Ishikawa Mission called attention of their Indian counterparts to what they considered to be the major impediments in India. However, thanks to the almost revolutionary reforms put into effect by the Indian government, those impediments either have been removed or now are on their way out. This development gives a new hope for the future of economic co-operation between the two countries. At the same time, it should be borne in mind that there is a stiff competition with other countries, notably China and South-East Asian countries, in this regard. The success stories of ASEAN countries welcoming Japanese investments with adequate infrastructure are already known in India but it may be useful if further studies of Japanese joint ventures in ASEAN countries be made by Indian business circles. The coastal areas of China have initiated a very active campaign to welcome foreign economic participation.

Beyond our bilateral relationship, India's more active participation in global economy is needed. India certainly deserves a far bigger share of world trade considering its vast resources. It is strongly hoped that the Indian government's recently initiated effort of enlarging its export market would bear fruit.

India has steadfastly maintained its parliamentary democracy since independence. Considering its size, its population and its internal complexity, the overall maintenance of national integrity and political stability under parliamentary democracy is remarkable and admirable indeed. Here lies the base for the status of India in the world. By effectively implementing its economic reform with the support of public opinion, this democratic polity of India has again demonstrated its viability and resilience. At the same time, it gives hope and inspiration to the whole world which faces the difficult problem of North-South confromation.