Directions(Q.26 to Q.30 ):

In the following passage there are blanks, each of which has been numbered. These numbers are printed below the passage and against each, five words are suggested, one of which fits the blank appropriately. Find out the appropriate word in each case.

Inflation has (Q1) in nations at early stages of development. Between 2003 and 2011, India was growing at an average of 8%. From 2008, inflation was close to 10%. When Korea took off in the 1970s, its figures were not very different .What is (Q2) over the last year and a half is that growth has slumped to between 4.5 and 5%. And that is what is making the inflation more painful. On inflation, in fairness to government, let me point out that while people (Q3) the government, the blame has to be shared by economics as a discipline .We know a couple of rules - control interest rates, check fiscal deficit - about controlling inflation, but we don’t have a sure-fire method for controlling inflation .Most people believe that prices can be easily controlled by the government, (Q4) in a country of 1.2 billion people there are millions of people who are setting prices .Yes, government can and ought to do more to check inflation. But even more importantly it should get growth back up to 8%. This is entirely possible to achieve within two years from now .Well, a large number of jobs will be created in the (Q5) sector. It’s not that every job will have to be created in the formal sector. Having said that, jobs is a big challenge and also a potential for progress.

(Q1)