161.

Read the passage carefully and choose the best answer to the following question out of the four alternatives.

International trade represents a significant share of Gross Domestic Product (GDP). While international trade has been present throughout much of history, its economic, social and political importance has been on the rise in recent centuries.

Industrialization, advances in technology, transportation, globalization, multi-national corporations and outsourcing are all having a major impact on the international trade system, increasing international trade is crucial to the continuance of globalization. International trade is, in principle, not different from domestic as the motivation and the behaviour of parties involved in a trade do not change fundamentally regardless of whether trade is across a border or not. The main difference is that international trade is typically more costly than domestic trade. Another difference between domestic and international trade is that factors of production such as capital and labour are typically more mobile within a country than across countries.

Which one of the following has a major impact on international trade?

• Contribution to GDP

• Industrialization

• Outsourcing

• Domestic trade

Read the passage carefully and choose the best answer to the following question out of the four alternatives.

International trade represents a significant share of Gross Domestic Product (GDP). While international trade has been present throughout much of history, its economic, social and political importance has been on the rise in recent centuries.

Industrialization, advances in technology, transportation, globalization, multi-national corporations and outsourcing are all having a major impact on the international trade system, increasing international trade is crucial to the continuance of globalization. International trade is, in principle, not different from domestic as the motivation and the behaviour of parties involved in a trade do not change fundamentally regardless of whether trade is across a border or not. The main difference is that international trade is typically more costly than domestic trade. Another difference between domestic and international trade is that factors of production such as capital and labour are typically more mobile within a country than across countries.

According to the author, increasing international trade?

• brings about speedy industrialization

• uplifts technology and transportation

• is crucial to the continuance of globalization

• encourges multi-national companies

In the following question, some parts of the sentences have errors and some are correct. Find out which part of a sentence has an error. If  a sentence is free from error, mark the answer is (d).

One of the most (a)/ widely spread (b)/ bad habit is the use of tobacco. (c)/No error (d)

• One of the most

• widely spread

• bad habit is the use of tobacco

• No error

In the following question, a sentence is given with blank to be filled in with an appropriate word(s). Four alternatives are suggested for the given question. Choose the correct alternative out of the four.

A chill wind blew (a)/ and icy fingers of death (b)/ crept up my spine. (c)/ No error (d)

• A chill wind blew

• and icy fingers of death

• crept up my spine

• No error

In the following question, some parts of the sentences have errors and some are correct. Find out which part of a sentence has an error. If  a sentence is free from error, mark the answer is (d).

Such rules (a)/ do not apply to (b)/ you and I. (c)/ No error (d)

• Such rules

• do not apply to

• you and I

• No error

In the following question, some parts of the sentences have errors and some are correct. Find out which part of a sentence has an error. If a sentence is free from error, mark the answer is (d).

The river (a)/ has overflown (b)/ its banks. (c)/ No error (d).

• The river

• has overflown

• its banks

• No error

In the following question, a sentence is given with blank to be filled in with an appropriate word(s). Four alternatives are suggested for the given question. Choose the correct alternative out of the four.

IIM Calcutta's MBA Programme (a)/ is regarded (b)/ as the finest in the country (c)/ No error

• IIM Calcutta's MBA Programme

• is regarded

• as the finest in the country

• No error

In the following question, a sentence is given with blank to be filled in with an appropriate word(s). Four alternatives are suggested for the given question. Choose the correct alternative out of the four.

Would you mind ...................the suitcase, Sir?

• open

• opening

• to open

• opened

In the following question, a sentence is given with blank to be filled in with an appropriate word(s). Four alternatives are suggested for the given question. Choose the correct alternative out of the four.

When she parted ................. her parents, her eyes were full of tears.

• from

• away

• off

• with

In the following question, a sentence is given with blank to be filled in with an appropriate word(s). Four alternatives are suggested for the given question. Choose the correct alternative out of the four.

He went ................. to oblige his superior.

• on his way

• out of his way

• in his way

• with his way