Question
Choose the word which is most nearly the same in meaning
to the word āonusā as used in the passage. Read the following passage carefully and answer the questions given below them. Certain words/phrases have been printed in bold to help you locate them while answering some of the questions. The Economic Survey for 2017-18 paints the picture of an economy that gives reason for both optimism and caution. It projects that GDP growth could accelerate to 7-7.5% in 2018-19, from 6.75% in the current fiscal, reinstating India as the worldās fastest-growing major economy. According to Chief Economic Adviser Arvind Subramanian, the key factors contributing to the positiveĀ prognosis Ā are the reform measures: the July 1 implementation of the Goods and Services Tax and the steps taken to address the twin balance sheet problem in the banking sector. The latter includes the push to use the Insolvency and Bankruptcy Code for debt resolution and the initiative to recapitalize public sector banks. Adding to these domestic enablers are the fair winds of a global recovery that have already lent a lift to overseas demand for Indiaās goods and services. But capitalizing on these favorable factors while remaining vigilant to other macroeconomic threats, including a key risk in the form of persistently high oil prices, would require exemplary economic stewardship. Among the concerns the CEA has flagged is one relating to what the Survey calls āa classic emerging market āsudden stallā induced by sharp corrections to elevated stock prices.ā With Indian stock indices continuing to soar to new highs on an almost daily basis, the Survey warns against ā sanguineness Ā about its sustainabilityā. A correction in the stock market, besides triggering capital outflows, could force policymakers to raise interest rates, choking off the nascent recovery.On the fiscal front, the survey contends that the Centre needs to reappraise its priorities. TheĀ onus , it argues, has to be squarely placed on establishing and maintaining policy credibility. To this end, it argues against āsetting overly ambitious targets for consolidation, especially in a pre-election yearā that are based on optimistic and unrealistic assumptions. Instead, it recommends a āmodest consolidationā that would signal a return to the path of calibrated deficit reductions. In doing so, it appears that the Survey is signaling that the government may have to retain the elbow room to stabilize the GST, complete the recapitalization exercise and, most crucially, support agriculture. Devoting an entire chapter to āClimate, Climate Change and Agricultureā, the CEA and his team have stressed on the dangers climate change poses to the outlook for farm growth. With the potential to reduce annual agricultural incomes ā by as much as 20-25% for unirrigated areas ā the Survey calls for a range of mitigation measures including extensive provision of efficient irrigation technologies and a wholesale review of the cereal-centric approach to policy. Citing job creation and education as key priorities, the Survey sets out a plan for rapid economic expansion by recommending that policymakers keep their sights trained on strengthening āthe only two truly sustainable engines ā private investment and exports.āSolution
Onus here means weight/load or stress.
How many such pairs of letters are in the word āSKINCAREā which has as many as alphabet between them as in English alphabet (both forward and rever...
How many such pairs of digits are there in the given number ā84762395ā each of which has as many digits between them in the number as in the Number...
If the word 'CONVERSATION' is arranged in alphabetical order from the right end, then which of the following letters will be the fourth letter to the ri...
Which of the following letter will be 7th letter from the right end if the letters of the word āCLAVULANATEā are arranged in reverse alphabetical or...
How many such digits are there in the number ā83495865427ā which will remain at the same position when they are arranged in the ascending order from...
How many pairs of letters are there in the word āMYSTERIESā which has as many letters between them in the word as in the alphabetical series?
If in a certain code language āMOTIONā is written as āNLGRLMā, then how will āCIRCUSā be written in that language?
The position of how many letters will remain unchanged, if each of the letters in the word 'COSMETIC' is arranged from left to right as per English Alp...
In the number '76589648', '1' is subtracted from all the digits. In the new number thus formed, from the left end we first arrange all the odd digits in...
If all the letters of the word āSUPPLEMENTā are replaced by immediate preceding letter in the alphabetical series, how many vowels are there in the ...
