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DIRECTIONS for the following que (41-47) : Read the following four passages and answer the items that follow. Your answers to these items should be based on the passages only.
PASSAGE - 1
India has suffered from persistent high inflation. Increase in administered prices, demand and supply imbalances, imported inflation aggravated by rupee depreciation, and specultion - have combined to keep high inflation going. If there is an element common to all of them, it is that many of them are the outcomes of economic reforms. India's vulnerability to the effects of changes in international prices has increased with trade liberalisation.
The effort to reduce subsidies has resulted in a continuous increase in the prices of commodities that are administered.
PASSAGE - 1
India has suffered from persistent high inflation. Increase in administered prices, demand and supply imbalances, imported inflation aggravated by rupee depreciation, and specultion - have combined to keep high inflation going. If there is an element common to all of them, it is that many of them are the outcomes of economic reforms. India's vulnerability to the effects of changes in international prices has increased with trade liberalisation.
The effort to reduce subsidies has resulted in a continuous increase in the prices of commodities that are administered.
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Question : 41
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