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English Language RC - Nov 17 2020

Here we are providing new series of English Language Questions for upcoming exams, so the aspirants can practice it on a daily basis.

Read the following passage carefully and answer the questions given below the passage.

The Regional Comprehensive Economic Partnership (RCEP) was signed into existence on Sunday by 15 countries led by China, Japan, South Korea, Australia, New Zealand and the 10-state ASEAN grouping, creating one of the world’s largest trading blocs. Noticeable by its absence was India, which after seven years of protracted negotiations decided last November to exit the grouping. India had justified its decision as protecting its economy from burgeoning trade deficits with a majority of the 15 RCEP members and had cited the grouping’s refusal to accede to its requests on safeguards as a deal breaker. Those reasons were on the face of it justifiable at the time and were welcomed by industry, trade and farmers’ groups. However, 12 months down the road, India’s opting out appears far more debatable in terms of its economic rationale. With global trade and the economy foundering on the shoals of the COVID-19 pandemic, especially as new infections in Europe and the U.S. prompt fresh restrictions there, the pre-eminence of the east Asian and Pacific countries including China, South Korea, Vietnam, Australia and New Zealand serving as a bulwark in containing the pandemic and re-energising economic activity can hardly be understated. Add to this the heightened tariff uncertainty generated by the deadlocked Brexit negotiations between Britain and the E.U., and it becomes evident that India may have missed a vital opportunity.

Given that the RCEP members now account for about 30% of the global GDP and a third of the world’s population, the signatory states were emphatic that the timing of the accord presents a unique opportunity to support their economic recovery, inclusive development and job creation even as it helps strengthen regional supply chains. Interestingly, among the ASEAN signatories are several relatively far smaller economies including Vietnam and the Philippines, which not only continue to have their share of disputes with Beijing but also suffer significant trade imbalances with Asia’s largest economy. That these and other larger nations in the grouping have chosen to bury their geopolitical differences with China in order to prioritise what they collectively see as a mutually beneficial trading compact that would benefit their economies over the longer term is the clearest testament to economic realism trumping nationalist politics. Also, the summary of the final agreement shows that the pact does cover and attempt to address issues that India had flagged including rules of origin, trade in services, movement of persons and, crucially, remedies and safeguards. Acknowledging India’s economic heft and value as a market, the RCEP members have not only left the door open should New Delhi reconsider its stance but have also waived a key 18-month cooling period for interested applicants. It would be in India’s interest to dispassionately review its position and embrace openness rather than protectionism.

1) Which of the following statements does not belong to the context of the passage?

A.The RCEP members now account for about 30% of the global GDP and a third of the world’s population

B.Among the ASEAN signatories are several relatively far smaller economies including Vietnam and the Philippines

C.The campaign's official name is in Hindi. In English, it translates to "Clean India Mission".

a) Both A & B

b) Both A and C

c) Only C

d) Only B

e) None of these

2) Find a suitable title for the passage.

a) Threat or treat: on RCEP trade deal

b) Threat or treat: on China and Pakistan trade deal

c) Threat or treat: on trade deal

d) Threat or treat: on Protectionism

e) None of these

3)  which of the following is the meaning of “protectionism”?

a) It refers to government policies that restrict national trade to help domestic industries

b) It refers to private policies that restrict international trade to help domestic industries

c) It refers to government policies that restrict international trade to help domestic industries

d) It refers to government policies that restrict international trade to help international industries

e) None of these

4) Which of the following can be understood after reading the passage carefully?

a)The final agreement of RCEP covers various issues that India had flagged

b)The final agreement of RCEP covers various issues that China had flagged

c) The final agreement of RCEP covers various issues that India had not flagged

d) All of these

e) None of these

5) Which of the following is the synonym of the word “vital” given in bold in the passage?

a) Frenzy

b) requisite

c) Abominable

d) All of these

e) None of these

Answers :

1) Answer: C

Statement C is talking about “Swachh Bharat Mission”, hence it is odd to the context of the passage.

Other two statements are mentioned in the 2nd paragraph of the passage.

2) Answer: A

If we read the 1st part of the passage carefully, we will be able to understand that only (a) can convey the main theme of the passage.

3) Answer: C

Protectionism-It refers to government policies that restrict international trade to help domestic industries

4) Answer: A

If we read the 2nd paragraph of the passage, we will be able to understand that, (a) is correct, “Also, the summary of the final agreement shows that the pact does cover and attempt to address issues that India had flagged including rules of origin, trade in services, movement of persons and, crucially, remedies and safeguards.”

5) Answer: B

Vital/ Requisite- absolutely necessary; essential.

Abominable- extremely bad; Frenzy- Madness.