LIC AAO Model Paper 9
Show Para
Directions (131-140) :
Read the following passage carefully and answer the given questions. Certain words are given in bold to help you locate them while answering some of the questions
With India expected to turnthecomer on the back of structural reforms. Its economy is projected to clock 7 per cent growth in 2015. even as China would see as economic slowdown, says a study
Presenting predictions by its economists for the New Year, global consultancyPWC said India is expected to resume growing at more than 6 percent after seeing expansion below this level since 2012.
We think 2012 could be the year that India turns the comer, posting growth of around 7 percent. In the short term, low oil pricesare likely to increase GDP growth, ease the pressures of India’s high cur rent account deficit and help bring down inflation.
Regarding the country's medium- term economic prospects, PWC said, With the February 2015 budget India could take a steptowards implementing new structural reforms which will boost the economy."
India’s economic growth was below 5 percent in the last two financial years. The Reserve Bank of India (RBI) forecast the economy to grow at 5.5 percent in 2014-15Lending this March) and at 6.3 percent in next financial year 2015-16. PWC said that even though China is expected to make the biggest contribution to global growth this year, its projected growth rate of 7.2 percent "would be its lowest since 1990 andits high debt levels pose some downside risks to that main scenario.
While the US is expected to see the fastest growth in a decade, euro zone is anticipated to see quantitative easing programme involving the purchase of government bonds
Asper the report, businesses should look out three factors this year- oil prices, hard lending in China and escalation of geopolitical risks.
Our predictions and projections assume that oil prices will average between$
Besides an escalation of the geopolitical tensions in Russia and Ukraine aswell as in the Middle East could have negative influence on Indian business confidence, with consequent implications for global growth.
Read the following passage carefully and answer the given questions. Certain words are given in bold to help you locate them while answering some of the questions
With India expected to turnthecomer on the back of structural reforms. Its economy is projected to clock 7 per cent growth in 2015. even as China would see as economic slowdown, says a study
Presenting predictions by its economists for the New Year, global consultancyPWC said India is expected to resume growing at more than 6 percent after seeing expansion below this level since 2012.
We think 2012 could be the year that India turns the comer, posting growth of around 7 percent. In the short term, low oil pricesare likely to increase GDP growth, ease the pressures of India’s high cur rent account deficit and help bring down inflation.
Regarding the country's medium- term economic prospects, PWC said, With the February 2015 budget India could take a steptowards implementing new structural reforms which will boost the economy."
India’s economic growth was below 5 percent in the last two financial years. The Reserve Bank of India (RBI) forecast the economy to grow at 5.5 percent in 2014-15Lending this March) and at 6.3 percent in next financial year 2015-16. PWC said that even though China is expected to make the biggest contribution to global growth this year, its projected growth rate of 7.2 percent "would be its lowest since 1990 andits high debt levels pose some downside risks to that main scenario.
While the US is expected to see the fastest growth in a decade, euro zone is anticipated to see quantitative easing programme involving the purchase of government bonds
Asper the report, businesses should look out three factors this year- oil prices, hard lending in China and escalation of geopolitical risks.
Our predictions and projections assume that oil prices will average between
Besides an escalation of the geopolitical tensions in Russia and Ukraine aswell as in the Middle East could have negative influence on Indian business confidence, with consequent implications for global growth.
© examsnet.com
Question : 135
Total: 160
Go to Question: