multiple fillers section 2 Detailed Explanation And More Example

Question : 1

Now, conventional western wisdom holds that by raising or lowering interest rates, central banks can curb or _____________ inflation. Apart from the immediate impact of rate changes, central bankers supposedly _____________ the power to anchor future inflationary expectations by signalling the future course of interest rates. _____________, some economists believe that the central bank _____________ only one aim: to target inflation, and not get distracted by other tasks like influencing GDP growth or exports.

a) encourage - have - Indeed - should have

b) grow – have been - Indeed - should have

c) grow – have been - Indeed - should have

d) encourage - have - although – would have been

e) encourage - have - although – would have been

Question : 2

It has been argued that right to be forgotten strengthens privacy and _____________ granted when the public interest test is satisfied. But acknowledgement of the right would indicate that search engines could adjudicate what constitutes public interest. An _____________ could be found in the sensitive data-protection rules under the Information Technology Act. This _____________ entail that if the right to be forgotten is formally recognised, it should _____________ to the extent of removal of sensitive personal data, and nothing else.

a) Would have been - option - would - only be allowed

b) Would have been - option - would - only be allowed

c) should be - alternative – would be - only allow

d) should be - alternative - would - only be allowed

e) should be - alternative - would be - only allow

Question : 3

Countries that keep adapting institutions and policies can maintain rapid growth _____________ others, Harvard’s Dani Rodrik has long argued. Strategies that work for moving from low to middle income must change for progress to upper-middle income, or later to high income. Such adaptations are difficult. Hence, discontinuities are far _____________ than sustained growth. Acemoglu and Robinson emphasise the role of institutions — these need to keep _____________ sophistication and quality. Constant improvements _____________ in the quality of government services, transaction and accounting practices, transparency and accountability, and predictability of policies and legal interpretations.

a) more longer than - common - improving in - are needed

b) much longer than - commoner - improving in - are needed

c) more longer than - common - improving in - are needed

d) much longer than - commoner - improved on - need

e) much longer than - commoner - improved on - need

Question : 4

India is now at that crucial stage where inflation is falling, growth has slowed down _____________ and more interest rate cuts are _____________. However, the timing of these rate cuts is a bit _____________ as the inflation trajectory is still not very clear. One has to remember that India has witnessed continuously high inflation over the last 7 years and, therefore, the central bank would likely to wait for concrete proof that inflationary expectations have been broken before cutting rates _____________.

a) significant - expected - uncertain - further

b) significantly - expect - uncertain - further

c) significantly - expected - uncertain - further

d) significantly - expected - uncertainly - further

e) significantly - expected - uncertain - farther

Question : 5

Analysis of all the benefits and costs shows that focusing on the top 19 targets _____________ the Copenhagen Consensus Centre would achieve four times more than if we sprayed all the development spending around 169 targets. In other words, _____________ would have the same effect as quadrupling the entire budget. Even here on the floor of the United Nations, I find that global leaders, ambassadors, and those who work in development agree that the targets _____________ severely pruned. They just all want their targets. But _____________ of making this a game of who got the most of their targets into the final declaration, it should be all about getting the most effective targets in there.

a) identify by - prioritising - should have been - instead

b) identified by – prior to - should have been - instead

c) identified by - prioritising - should have - instead

d) identified by - prioritising - should have been - instead

e) identified by - prioritising - should have been – along with

Question : 6

The Indian economy is in relatively good shape with $380 billion forex reserves, adequate for 11 months of imports. While the trade account has been little soft, India is one of the most _____________ investment destinations, with macroeconomic _____________ and good growth outlook. As global investors return to emerging markets, I believe India would garner a fair share. Yet, while FII flows would drive stock market performance in the near term, in the longer term, the key driver _____________ corporate earnings. While the period of volatility does cause nervousness, it always provides a very strong opportunity to raise allocation to equities. It’s a good time to buy many quality companies available at a _____________ price due to the recent correction. This time is no different.

a) Prefer to – stable - would be - discounted

b) Prefer to – stable - would be - discounted

c) preferred - stability - would have been - discount

d) preferred - stability - would be - discounted

e) preferred - stability - would have been - discount