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

(A -O) Goldman Sachs predicted that crude oil price would hit $ 200 and just as it appeared that alternative renewable energy had a chance of becoming an economically viable option, the international price of oil 70%. After hitting the all-time high of $ 147 a barrel, a month ago, crude fell to less than $ 40 a barrel. What explains this sharp decline in the international price of oil ? There has not been any major new discovery of a hitherto unknown source of oil or gas. The short answer is that the demand does not have to fall by a very sizeable quantity for the price of crude to respond as it did. In the short run, the price elasticity of demand for crude oil is very low. Conversely, in the short run, even a relatively big change in the price of oil does not immediately lower consumption. It takes months, or years, of high oil price to inculcate habits of energy conservation. World crude oil price had remained at over $ 60 a barrel for most of 2005-2007 without making any major dent in demand.

The long answer is more complex. The economic slowdown in the US, Europe and Asia along with dollar depreciation and commodity speculation have all had some role in the downward descent in the international price of oil. In recent years, the supply of oil has been rising in an almost vertical escalation in its price. The number of crude oil futures and options contracts have also increased manifold which has led to significant speculation in the oil market. In comparison, the role of the Organization of Petroleum Exporting Countries (OPEC) in fixing crude price has considerably weakened. OPEC is often accused of operating as a cartel restricting output thus keeping prices artificially high. It did succeed in setting the price of crude during the 1970s and the first half of the '80s. But, with increased futures trading and contracts, the control of crude pricing has moved from OPEC to banks and markets that deal with futures trading and contracts. It is true that most oil exporting regions of the world have remained politically unstable fuelling speculation over the price of crude. But there is little evidence that the geopolitical uncertainties in west Asia have improved to weaken the price of oil. Threatened by the downward slide of oil price. OPEC has. in fact, announced its decision to curtail output.

However most oil importers will have a sigh of relief as they find their oil import bills decline except for those who bought options to import oil at prices higher than market prices.Exporting nations, on the other hand, will see their economic prosperity slip. Relatively low price of crude is also bad news for investments in alternative renewable energy that cannot compete with cheaper and non-renewable sources of energy.

A. What does the phrases "the price elasticity of demand for crude oil is very low" imply ?

B. Which of the following factors is responsible for rise in speculation in crude oil markets ?

(a) OPEC has not been able to restrict the oil output and control prices.
(b) The supply of oil has been rising to match demand.
(c) Existence of large number of oil futures and oil contracts.

C. Why are oil importing countries relieved ?

D. Which of the following is NOT TRUE in the context of the passage ?

(a). OPEC was established in 1970 to protect the interests of oil importing countries.
(b). When demand for oil exceeds supply there is a sharp rise in price.
(c). Today futures trading markets set the oil prices to a large extent.

E. Which of the following is the function of OPEC ?

F. What does the author want to covey by citing the statistics of  2005- 2007  ?

G. Which of the following factors in not responsible for the current drop in oil prices ?

H. Which of the following is/are TRUE in the context of the passage ?

(a). The decline in oil prices has benefitted all countries.
(b). Renewable energy sources are coustlier than non renewable ones.
(c). Lack of availability of alternative renewable energy resulted in rise in demand for crude.

I. What has the impact of the drop in oil prices been ?

J. What led to alternative energy sources being considered economically feasible ?

Choose the word which is most similar in meaning to the word printed in bold as used in the passage.

K. FUELLING

Choose the word which is most similar in meaning to the word printed in bold as used in the passage.

L.  DENT

Choose the word which is most similar in meaning to the word printed in bold as used in the passage.

M. INCULCATE

Choose the word which is most opposite in meaning to the word printed in bold as used in the passage.

N. CONVERSELY

Choose the word which is most opposite in meaning to the word printed in bold as used in the passage.

O. WEAKEN

Which of the phrases (1), (2), (3) and  (4) given below each sentence should replace the phrase printed in bold in the sentence to make it grammatically correct ? If the sentence is correct as it is given and no correction is required. mark (5) as the answer.

The equipment is in such poor condition that we have no alternative to buy new ones.

Which of the phrases (1), (2), (3) and  (4) given below each sentence should replace the phrase printed in bold in the sentence to make it grammatically correct ? If the sentence is correct as it is given and no correction is required. mark (5) as the answer.

Since the deadline has been changed from next week to this Thursday you should give this work priority.

Which of the phrases (1), (2), (3) and  (4) given below each sentence should replace the phrase printed in bold in the sentence to make it grammatically correct ? If the sentence is correct as it is given and no correction is required. mark (5) as the answer.

After the success of our project we have been receiving more requests than we do not have the resources to handle them.

Which of the phrases (1), (2), (3) and  (4) given below each sentence should replace the phrase printed in bold in the sentence to make it grammatically correct ? If the sentence is correct as it is given and no correction is required. mark (5) as the answer.

We have hired an advertising agency to prepare a campaign to encourage people votes.

Which of the phrases (1), (2), (3) and  (4) given below each sentence should replace the phrase printed in bold in the sentence to make it grammatically correct ? If the sentence is correct as it is given and no correction is required. mark (5) as the answer.

During the training programme the new recuits will be briefed about how their role in the new organisation.

In each question below, a sentence with four words printed in bold type is given. These words are numbered as (1), (2), (3) and (4). One of these four words printed in bold may be either wrongly spelt or inappropriate in the context of the sentence. Find out the word which is wrongly spelt or inappropriate, if any. The number of that word is your answer. If all the words printed in bold are correctly spelt and also appropriate in the context of the sentence, mark (5) ie, 'All correct' as your answer.

we shall have to await/and see if these measures/are sufficient/to address/the problem.All correct.

In each question below, a sentence with four words printed in bold type is given. These words are numbered as (1), (2), (3) and (4). One of these four words printed in bold may be either wrongly spelt or inappropriate in the context of the sentence. Find out the word which is wrongly spelt or inappropriate, if any. The number of that word is your answer. If all the words printed in bold are correctly spelt and also appropriate in the context of the sentence, mark (5) ie, 'All correct' as your answer.

The document/he gave me was long and complicated/and I struggled/to understand/it. All correct

In each question below, a sentence with four words printed in bold type is given. These words are numbered as (1), (2), (3) and (4). One of these four words printed in bold may be either wrongly spelt or inappropriate in the context of the sentence. Find out the word which is wrongly spelt or inappropriate, if any. The number of that word is your answer. If all the words printed in bold are correctly spelt and also appropriate in the context of the sentence, mark (5) ie, 'All correct' as your answer.

The company has decided/to allott/a substantial/portion/of its profits to research and development. All correct.

In each question below, a sentence with four words printed in bold type is given. These words are numbered as (1), (2), (3) and (4). One of these four words printed in bold may be either wrongly spelt or inappropriate in the context of the sentence. Find out the word which is wrongly spelt or inappropriate, if any. The number of that word is your answer. If all the words printed in bold are correctly spelt and also appropriate in the context of the sentence, mark (5) ie, 'All correct' as your answer.

It remains/to be seen whether/these reforms/will be acceptable/by the Board. All the correct.

In each question below, a sentence with four words printed in bold type is given. These words are numbered as (1), (2), (3) and (4). One of these four words printed in bold may be either wrongly spelt or inappropriate in the context of the sentence. Find out the word which is wrongly spelt or inappropriate, if any. The number of that word is your answer. If all the words printed in bold are correctly spelt and also appropriate in the context of the sentence, mark (5) ie, 'All correct' as your answer.

They are negotiating/to try and reach/an agreement which will beneficial/everyone concerned. All correct.

Rearrange the following five sentences (A), (B), (C), (D) and (E) in the proper sequence to form a meaningful paragraph: then answer the questions given below them.

(A) For instance, if we measure the room temperature continuously and plot its graph with time on X-axis continuously and temperature on the Y-axis, we get a continuous waveform, which is an analog signal. Analog is always continuous.
(B) The absence or presence of something can be used to plot a digital signal.
(C) An analog signal is a continuously varying signal, similar to a sinusoidal waveform.
(D) Any signal can be classified into one of the two types: analog and digital.
(E) In contrast, a digital signal takes the form of pulses, where we have something or nothing.

Which of the following should be the FIRST sentences after rearrangement ?

Rearrange the following five sentences (A), (B), (C), (D) and (E) in the proper sequence to form a meaningful paragraph: then answer the questions given below them.

(A) For instance, if we measure the room temperature continuously and plot its graph with time on X-axis continuously and temperature on the Y-axis, we get a continuous waveform, which is an analog signal. Analog is always continuous.
(B) The absence or presence of something can be used to plot a digital signal.
(C) An analog signal is a continuously varying signal, similar to a sinusoidal waveform.
(D) Any signal can be classified into one of the two types: analog and digital.
(E) In contrast, a digital signal takes the form of pulses, where we have something or nothing.

Which of the following should be the THIRD  sentence after rearrangement ?

Rearrange the following five sentences (A), (B), (C), (D) and (E) in the proper sequence to form a meaningful paragraph: then answer the questions given below them.

(A) For instance, if we measure the room temperature continuously and plot its graph with time on X-axis continuously and temperature on the Y-axis, we get a continuous waveform, which is an analog signal. Analog is always continuous.
(B) The absence or presence of something can be used to plot a digital signal.
(C) An analog signal is a continuously varying signal, similar to a sinusoidal waveform.
(D) Any signal can be classified into one of the two types: analog and digital.
(E) In contrast, a digital signal takes the form of pulses, where we have something or nothing.

Which of the following should be the SECOND  sentence after rearrangement ?

Rearrange the following five sentences (A), (B), (C), (D) and (E) in the proper sequence to form a meaningful paragraph: then answer the questions given below them.

(A) For instance, if we measure the room temperature continuously and plot its graph with time on X-axis continuously and temperature on the Y-axis, we get a continuous waveform, which is an analog signal. Analog is always continuous.
(B) The absence or presence of something can be used to plot a digital signal.
(C) An analog signal is a continuously varying signal, similar to a sinusoidal waveform.
(D) Any signal can be classified into one of the two types: analog and digital.
(E) In contrast, a digital signal takes the form of pulses, where we have something or nothing.

Which of the following should be the FOURTH  sentence after rearrangement ?

Rearrange the following five sentences (A), (B), (C), (D) and (E) in the proper sequence to form a meaningful paragraph: then answer the questions given below them.

(A) For instance, if we measure the room temperature continuously and plot its graph with time on X-axis continuously and temperature on the Y-axis, we get a continuous waveform, which is an analog signal. Analog is always continuous.
(B) The absence or presence of something can be used to plot a digital signal.
(C) An analog signal is a continuously varying signal, similar to a sinusoidal waveform.
(D) Any signal can be classified into one of the two types: analog and digital.
(E) In contrast, a digital signal takes the form of pulses, where we have something or nothing.

Which of the following should be the FIFTH   sentence their rearrangement ?

Read each sentence to find out whether there is any grammatical error or idiomatic error in it. The error, if any, will be in one part of the sentence. The number of that part is answer if there is no error. the answer is (5) (Ignore errors of punctuation. if any)

The government has/launched many creative schemes/to make banking services/available to everyone. No error.

Read each sentence to find out whether there is any grammatical error or idiomatic error in it. The error, if any, will be in one part of the sentence. The number of that part is answer if there is no error. the answer is (5) (Ignore errors of punctuation. if any)

We have received many/of the letters from customers/asking us to extend/the deadline to repay their loans. No errors.

Read each sentence to find out whether there is any grammatical error or idiomatic error in it. The error, if any, will be in one part of the sentence. The number of that part is answer if there is no error. the answer is (5) (Ignore errors of punctuation. if any)

Under the terms of the new deal/the channel can broadcast/the next cricket tournament to be/played among India and Australia. No error.

Read each sentence to find out whether there is any grammatical error or idiomatic error in it. The error, if any, will be in one part of the sentence. The number of that part is answer if there is no error. the answer is (5) (Ignore errors of punctuation. if any)

This is turned out to be/one of our most successful projects/and we have made quite/a large profit from it. No error.

Read each sentence to find out whether there is any grammatical error or idiomatic error in it. The error, if any, will be in one part of the sentence. The number of that part is answer if there is no error. the answer is (5) (Ignore errors of punctuation. if any)

A non banking financial company is a/financial institution similarly to a bank/but it cannot issue/cheque books to customers. No error.

Read each sentence to find out whether there is any grammatical error or idiomatic error in it. The error, if any, will be in one part of the sentence. The number of that part is answer if there is no error. the answer is (5) (Ignore errors of punctuation. if any)

He has taken care to/compliance with the norms/so he expects the proposal /to be approved without delay. No error.

Read each sentence to find out whether there is any grammatical error or idiomatic error in it. The error, if any, will be in one part of the sentence. The number of that part is answer if there is no error. the answer is (5) (Ignore errors of punctuation. if any)

Since I had lived there/for many years the villagers/were very comfortable talked/to me about their problems. No error.

Read each sentence to find out whether there is any grammatical error or idiomatic error in it. The error, if any, will be in one part of the sentence. The number of that part is answer if there is no error. the answer is (5) (Ignore errors of punctuation. if any)

Our equipment gets damage/very often in summer/because there are/frequent power cuts. No error.

Read each sentence to find out whether there is any grammatical error or idiomatic error in it. The error, if any, will be in one part of the sentence. The number of that part is answer if there is no error. the answer is (5) (Ignore errors of punctuation. if any)

We have been under/a lot of pressure to/open fifty new stores/by the ending of the year. No error.

Read each sentence to find out whether there is any grammatical error or idiomatic error in it. The error, if any, will be in one part of the sentence. The number of that part is answer if there is no error. the answer is (5) (Ignore errors of punctuation. if any)

The company is in debt/and has been unable/to pay their employees' salaries/for the past six months. No error.

(A - J) In the following passage there are blanks, each of which has been numbered. These numbers are printed below the passage and against each, five words are suggested. One of which fits the blank appropriately. Find out the appropriate word in each case.

On October 2, 1983 the Grameen Bank Project (A) the Grameen Bank. We invited the Finance Minister to be the Chief Guest at our (B) ceremony. But when the Ministry came to (C) that the ceremony would take place in a remote district, they said it would not be an (D) place to launch a Bank and that the ceremony should be (E) in Dhaka so that all the top Government Officials could (F). We stood firm and (G) to them that we did not work in urban areas so it made no (H) to have the ceremony in a city(I) we had no borrowers. We had the ceremony in a big open field with the Finance Minister present as Chief Guest. For all of us who had worked so hard to (J) this it was a dream come true.

B. In the following passage there are blanks, each of which has been numbered. These numbers are printed below the passage and against each, five words are suggested. One of which fits the blank appropriately. Find out the appropriate word in each case.

On October 2, 1983 the Grameen Bank Project (A) the Grameen Bank. We invited the Finance Minister to be the Chief Guest at our (B) ceremony. But when the Ministry came to (C) that the ceremony would take place in a remote district, they said it would not be an (D) place to launch a Bank and that the ceremony should be (E) in Dhaka so that all the top Government Officials could (F). We stood firm and (G) to them that we did not work in urban areas so it made no (H) to have the ceremony in a city(I) we had no borrowers. We had the ceremony in a big open field with the Finance Minister present as Chief Guest. For all of us who had worked so hard to (J) this it was a dream come true.

C. In the following passage there are blanks, each of which has been numbered. These numbers are printed below the passage and against each, five words are suggested. One of which fits the blank appropriately. Find out the appropriate word in each case.

On October 2, 1983 the Grameen Bank Project (A) the Grameen Bank. We invited the Finance Minister to be the Chief Guest at our (B) ceremony. But when the Ministry came to (C) that the ceremony would take place in a remote district, they said it would not be an (D) place to launch a Bank and that the ceremony should be (E) in Dhaka so that all the top Government Officials could (F). We stood firm and (G) to them that we did not work in urban areas so it made no (H) to have the ceremony in a city(I) we had no borrowers. We had the ceremony in a big open field with the Finance Minister present as Chief Guest. For all of us who had worked so hard to (J) this it was a dream come true.

D. In the following passage there are blanks, each of which has been numbered. These numbers are printed below the passage and against each, five words are suggested. One of which fits the blank appropriately. Find out the appropriate word in each case.

On October 2, 1983 the Grameen Bank Project (A) the Grameen Bank. We invited the Finance Minister to be the Chief Guest at our (B) ceremony. But when the Ministry came to (C) that the ceremony would take place in a remote district, they said it would not be an (D) place to launch a Bank and that the ceremony should be (E) in Dhaka so that all the top Government Officials could (F). We stood firm and (G) to them that we did not work in urban areas so it made no (H) to have the ceremony in a city(I) we had no borrowers. We had the ceremony in a big open field with the Finance Minister present as Chief Guest. For all of us who had worked so hard to (J) this it was a dream come true.

E. In the following passage there are blanks, each of which has been numbered. These numbers are printed below the passage and against each, five words are suggested. One of which fits the blank appropriately. Find out the appropriate word in each case.

On October 2, 1983 the Grameen Bank Project (A) the Grameen Bank. We invited the Finance Minister to be the Chief Guest at our (B) ceremony. But when the Ministry came to (C) that the ceremony would take place in a remote district, they said it would not be an (D) place to launch a Bank and that the ceremony should be (E) in Dhaka so that all the top Government Officials could (F). We stood firm and (G) to them that we did not work in urban areas so it made no (H) to have the ceremony in a city(I) we had no borrowers. We had the ceremony in a big open field with the Finance Minister present as Chief Guest. For all of us who had worked so hard to (J) this it was a dream come true.

F. In the following passage there are blanks, each of which has been numbered. These numbers are printed below the passage and against each, five words are suggested. One of which fits the blank appropriately. Find out the appropriate word in each case.

On October 2, 1983 the Grameen Bank Project (A) the Grameen Bank. We invited the Finance Minister to be the Chief Guest at our (B) ceremony. But when the Ministry came to (C) that the ceremony would take place in a remote district, they said it would not be an (D) place to launch a Bank and that the ceremony should be (E) in Dhaka so that all the top Government Officials could (F). We stood firm and (G) to them that we did not work in urban areas so it made no (H) to have the ceremony in a city(I) we had no borrowers. We had the ceremony in a big open field with the Finance Minister present as Chief Guest. For all of us who had worked so hard to (J) this it was a dream come true.

G. In the following passage there are blanks, each of which has been numbered. These numbers are printed below the passage and against each, five words are suggested. One of which fits the blank appropriately. Find out the appropriate word in each case.

On October 2, 1983 the Grameen Bank Project (A) the Grameen Bank. We invited the Finance Minister to be the Chief Guest at our (B) ceremony. But when the Ministry came to (C) that the ceremony would take place in a remote district, they said it would not be an (D) place to launch a Bank and that the ceremony should be (E) in Dhaka so that all the top Government Officials could (F). We stood firm and (G) to them that we did not work in urban areas so it made no (H) to have the ceremony in a city(I) we had no borrowers. We had the ceremony in a big open field with the Finance Minister present as Chief Guest. For all of us who had worked so hard to (J) this it was a dream come true.

H. In the following passage there are blanks, each of which has been numbered. These numbers are printed below the passage and against each, five words are suggested. One of which fits the blank appropriately. Find out the appropriate word in each case.

On October 2, 1983 the Grameen Bank Project (A) the Grameen Bank. We invited the Finance Minister to be the Chief Guest at our (B) ceremony. But when the Ministry came to (C) that the ceremony would take place in a remote district, they said it would not be an (D) place to launch a Bank and that the ceremony should be (E) in Dhaka so that all the top Government Officials could (F). We stood firm and (G) to them that we did not work in urban areas so it made no (H) to have the ceremony in a city(I) we had no borrowers. We had the ceremony in a big open field with the Finance Minister present as Chief Guest. For all of us who had worked so hard to (J) this it was a dream come true.

I. In the following passage there are blanks, each of which has been numbered. These numbers are printed below the passage and against each, five words are suggested. One of which fits the blank appropriately. Find out the appropriate word in each case.

On October 2, 1983 the Grameen Bank Project (A) the Grameen Bank. We invited the Finance Minister to be the Chief Guest at our (B) ceremony. But when the Ministry came to (C) that the ceremony would take place in a remote district, they said it would not be an (D) place to launch a Bank and that the ceremony should be (E) in Dhaka so that all the top Government Officials could (F). We stood firm and (G) to them that we did not work in urban areas so it made no (H) to have the ceremony in a city(I) we had no borrowers. We had the ceremony in a big open field with the Finance Minister present as Chief Guest. For all of us who had worked so hard to (J) this it was a dream come true.

J. In the following passage there are blanks, each of which has been numbered. These numbers are printed below the passage and against each, five words are suggested. One of which fits the blank appropriately. Find out the appropriate word in each case.

On October 2, 1983 the Grameen Bank Project (A) the Grameen Bank. We invited the Finance Minister to be the Chief Guest at our (B) ceremony. But when the Ministry came to (C) that the ceremony would take place in a remote district, they said it would not be an (D) place to launch a Bank and that the ceremony should be (E) in Dhaka so that all the top Government Officials could (F). We stood firm and (G) to them that we did not work in urban areas so it made no (H) to have the ceremony in a city(I) we had no borrowers. We had the ceremony in a big open field with the Finance Minister present as Chief Guest. For all of us who had worked so hard to (J) this it was a dream come true.