RBI OFFICER GRADE ‘B’ PHASE-I EXAM Held on : 04.09.2016 (Shift-I)(Part-III)

Higher prices of cereals, rice fruits and pulses led to an increase in food inflation. Non-food inflation was driven mainly by fibres and oil seeds
(A) While higher prices of cereals
(B) Despite higher price of rice, fruits and pulses
(C) Non-food inflation was always driven by

The entrepreneurship ethos in India has come a long way and has made rapid strides in recent years. It now ranks in the top five start-up communities in the world.
(A) India ranks fifth among the start-up communities in the world
(B) The country has made rapid strides in recent years because
(C) Moreover, the entrepreneurship ethos in India has come a long way

There are enough dirges being the sung for public sector banks, but strangely the performance of their stocks does not reflect this. Five out of the public sector banks made losses and the profit-makers showed a worse bad loan ratio.
(A) On account of the fact that five out of the seven public sec-tor banks made losses
(B) The performance of public sec-for banks does not reflect
(C) Although dirges are being sung tor public sector banks

We all have a (_) in the infrastructure surrounding us- the roads, buildings, power lines and telephone networks that we (105) on daily. How well they are built and operated is (106) to economic growth and is a key arbiter of an economy's competitiveness- and yet, virtually every economy faces an array of infrastructure challenges. Just a few examples illustrate some of the pressing issues. South Africa's power distribution network has an estimated maintenance back-log of $4 billion- equivalent to half of the country's total investment in electronic power generation and distribution in 2011. The U.S. Department of Transportation estimates that 15% of the country's roads are in an unacceptable condition and says that road congestion costs the U.S. an estimated $100 billion per year.
Just to keep (107) with anticipated global GDP growth, the world needs to spend $57 trillion, or on average $3.2 trillion a year, on infrastructure over the next 18 years. That is more than the entire world-wide stock of infrastructure on the ground today-and nearly 60% more than the world has invested over the past 18 years. Tackling maintenance backlogs, future-proofing infrastructure to cope with climate change and (108) development goals such as access to clean water and all-weather roads to transport goods to markets would cost a great deal. The bill for all of that looks prohibitive at a time when many governments are highly indebted and capital is tight. A focus on both, the huge need for additional investment and potential difficulties in financing it, (109) the debate Pessimism rules, but it needn't be that way. There are ways of cutting the bill down to size and dealing with the challenge. The answer (110) in improving the way we plan, build and operate infrastructure- in other words, we need to boost its productivity.

We all have a (104) in the infrastructure surrounding us- the roads, buildings, power lines and telephone networks that we (_) on daily. How well they are built and operated is (106) to economic growth and is a key arbiter of an economy's competitiveness- and yet, virtually every economy faces an array of infrastructure challenges. Just a few examples illustrate some of the pressing issues. South Africa's power distribution network has an estimated maintenance back-log of $4 billion- equivalent to half of the country's total investment in electronic power generation and distribution in 2011. The U.S. Department of Transportation estimates that 15% of the country's roads are in an unacceptable condition and says that road congestion costs the U.S. an estimated $100 billion per year.
Just to keep (107) with anticipated global GDP growth, the world needs to spend $57 trillion, or on average $3.2 trillion a year, on infrastructure over the next 18 years. That is more than the entire world-wide stock of infrastructure on the ground today-and nearly 60% more than the world has invested over the past 18 years. Tackling maintenance backlogs, future-proofing infrastructure to cope with climate change and (108) development goals such as access to clean water and all-weather roads to transport goods to markets would cost a great deal. The bill for all of that looks prohibitive at a time when many governments are highly indebted and capital is tight. A focus on both, the huge need for additional investment and potential difficulties in financing it, (109) the debate Pessimism rules, but it needn't be that way. There are ways of cutting the bill down to size and dealing with the challenge. The answer (_) in improving the way we plan, build and operate infrastructure- in other words, we need to boost its productivity.

We all have a (104) in the infrastructure surrounding us- the roads, buildings, power lines and telephone networks that we (105) on daily. How well they are built and operated is (_) to economic growth and is a key arbiter of an economy's competitiveness- and yet, virtually every economy faces an array of infrastructure challenges. Just a few examples illustrate some of the pressing issues. South Africa's power distribution network has an estimated maintenance back-log of $4 billion- equivalent to half of the country's total investment in electronic power generation and distribution in 2011. The U.S. Department of Transportation estimates that 15% of the country's roads are in an unacceptable condition and says that road congestion costs the U.S. an estimated $100 billion per year.
Just to keep (107) with anticipated global GDP growth, the world needs to spend $57 trillion, or on average $3.2 trillion a year, on infrastructure over the next 18 years. That is more than the entire world-wide stock of infrastructure on the ground today-and nearly 60% more than the world has invested over the past 18 years. Tackling maintenance backlogs, future-proofing infrastructure to cope with climate change and (108) development goals such as access to clean water and all-weather roads to transport goods to markets would cost a great deal. The bill for all of that looks prohibitive at a time when many governments are highly indebted and capital is tight. A focus on both, the huge need for additional investment and potential difficulties in financing it, (109) the debate Pessimism rules, but it needn't be that way. There are ways of cutting the bill down to size and dealing with the challenge. The answer (110) in improving the way we plan, build and operate infrastructure- in other words, we need to boost its productivity.

We all have a (104) in the infrastructure surrounding us- the roads, buildings, power lines and telephone networks that we (105) on daily. How well they are built and operated is (106) to economic growth and is a key arbiter of an economy's competitiveness- and yet, virtually every economy faces an array of infrastructure challenges. Just a few examples illustrate some of the pressing issues. South Africa's power distribution network has an estimated maintenance back-log of $4 billion- equivalent to half of the country's total investment in electronic power generation and distribution in 2011. The U.S. Department of Transportation estimates that 15% of the country's roads are in an unacceptable condition and says that road congestion costs the U.S. an estimated $100 billion per year.
Just to keep (_) with anticipated global GDP growth, the world needs to spend $57 trillion, or on average $3.2 trillion a year, on infrastructure over the next 18 years. That is more than the entire world-wide stock of infrastructure on the ground today-and nearly 60% more than the world has invested over the past 18 years. Tackling maintenance backlogs, future-proofing infrastructure to cope with climate change and (108) development goals such as access to clean water and all-weather roads to transport goods to markets would cost a great deal. The bill for all of that looks prohibitive at a time when many governments are highly indebted and capital is tight. A focus on both, the huge need for additional investment and potential difficulties in financing it, (109) the debate Pessimism rules, but it needn't be that way. There are ways of cutting the bill down to size and dealing with the challenge. The answer (110) in improving the way we plan, build and operate infrastructure- in other words, we need to boost its productivity.

We all have a (104) in the infrastructure surrounding us- the roads, buildings, power lines and telephone networks that we (105) on daily. How well they are built and operated is (106) to economic growth and is a key arbiter of an economy's competitiveness- and yet, virtually every economy faces an array of infrastructure challenges. Just a few examples illustrate some of the pressing issues. South Africa's power distribution network has an estimated maintenance back-log of $4 billion- equivalent to half of the country's total investment in electronic power generation and distribution in 2011. The U.S. Department of Transportation estimates that 15% of the country's roads are in an unacceptable condition and says that road congestion costs the U.S. an estimated $100 billion per year.
Just to keep (107) with anticipated global GDP growth, the world needs to spend $57 trillion, or on average $3.2 trillion a year, on infrastructure over the next 18 years. That is more than the entire world-wide stock of infrastructure on the ground today-and nearly 60% more than the world has invested over the past 18 years. Tackling maintenance backlogs, future-proofing infrastructure to cope with climate change and (_) development goals such as access to clean water and all-weather roads to transport goods to markets would cost a great deal. The bill for all of that looks prohibitive at a time when many governments are highly indebted and capital is tight. A focus on both, the huge need for additional investment and potential difficulties in financing it, (109) the debate Pessimism rules, but it needn't be that way. There are ways of cutting the bill down to size and dealing with the challenge. The answer (110) in improving the way we plan, build and operate infrastructure- in other words, we need to boost its productivity.

We all have a (104) in the infrastructure surrounding us- the roads, buildings, power lines and telephone networks that we (105) on daily. How well they are built and operated is (106) to economic growth and is a key arbiter of an economy's competitiveness- and yet, virtually every economy faces an array of infrastructure challenges. Just a few examples illustrate some of the pressing issues. South Africa's power distribution network has an estimated maintenance back-log of $4 billion- equivalent to half of the country's total investment in electronic power generation and distribution in 2011. The U.S. Department of Transportation estimates that 15% of the country's roads are in an unacceptable condition and says that road congestion costs the U.S. an estimated $100 billion per year.
Just to keep (107) with anticipated global GDP growth, the world needs to spend $57 trillion, or on average $3.2 trillion a year, on infrastructure over the next 18 years. That is more than the entire world-wide stock of infrastructure on the ground today-and nearly 60% more than the world has invested over the past 18 years. Tackling maintenance backlogs, future-proofing infrastructure to cope with climate change and (108) development goals such as access to clean water and all-weather roads to transport goods to markets would cost a great deal. The bill for all of that looks prohibitive at a time when many governments are highly indebted and capital is tight. A focus on both, the huge need for additional investment and potential difficulties in financing it, (_) the debate Pessimism rules, but it needn't be that way. There are ways of cutting the bill down to size and dealing with the challenge. The answer (110) in improving the way we plan, build and operate infrastructure- in other words, we need to boost its productivity.

We all have a (104) in the infrastructure surrounding us- the roads, buildings, power lines and telephone networks that we (105) on daily. How well they are built and operated is (106) to economic growth and is a key arbiter of an economy's competitiveness- and yet, virtually every economy faces an array of infrastructure challenges. Just a few examples illustrate some of the pressing issues. South Africa's power distribution network has an estimated maintenance back-log of $4 billion- equivalent to half of the country's total investment in electronic power generation and distribution in 2011. The U.S. Department of Transportation estimates that 15% of the country's roads are in an unacceptable condition and says that road congestion costs the U.S. an estimated $100 billion per year.
Just to keep (107) with anticipated global GDP growth, the world needs to spend $57 trillion, or on average $3.2 trillion a year, on infrastructure over the next 18 years. That is more than the entire world-wide stock of infrastructure on the ground today-and nearly 60% more than the world has invested over the past 18 years. Tackling maintenance backlogs, future-proofing infrastructure to cope with climate change and (108) development goals such as access to clean water and all-weather roads to transport goods to markets would cost a great deal. The bill for all of that looks prohibitive at a time when many governments are highly indebted and capital is tight. A focus on both, the huge need for additional investment and potential difficulties in financing it, (109) the debate Pessimism rules, but it needn't be that way. There are ways of cutting the bill down to size and dealing with the challenge. The answer (_) in improving the way we plan, build and operate infrastructure- in other words, we need to boost its productivity.