90 B English Passage 25Feb
Passage-1
Read below given statements
(a) market without control by governmen authorities.
(b) market without protection by th government.
(c) ability of market to self correct.
(d) market for free goods and services.
Read below given passage
1. Many nations now place their faith in capitalism governments choose itas the strategy to create wealth The spectacular economic growth seen their people.
2. Brazil, China and India after the liberalisation of then conomies is proof of its enormous potential and success However, the global banking crisis and the economic cession have left many bewildered.
3. The debates tend te focus on free market operations and forces, their efficiency and their ability for self correction.
4. Issues of Justice, Integrity and honesty are rarely elaborated to highlight the failure of the global banking system.
5. The apologists of the system continue to justify the success of capitalism and argue that the recent crisis was a blip.
6. Their arguments betray an Ideological bias with the assumptions that an unregulated market is fair and competent, and that the exercise of private greed will be in the larger public interest.
7. Few recognize the bidirectional relationship between capitalism and greed; that each reinforces the other. Surely, a more honest conceptualisation of the conflicts of interest among the rich and powerful players who have benefited from the system, their biases and ideology is needed; the focus on the wealth creation should also highlight the resultant gross inequity.
1. The apologists of the "Free Market System" according to the passage, believe in
(a) market without control by governmen authorities.
(b) market without protection by th government.
(c) ability of market to self correct.
(d) market for free goods and services.
Ans. C
Explanation
Last line of the first paragraph states that the apologists of the system justifies the success of capitalism and argue that the recent crisis was a blip (an unexpected, minor and typically temporary deviation from a general trend).
The apologists are of the view that the powerful thing in favor of free markets is their ability to "regulate" themselves. They do tend to self- Correct with respect to prices, supply and demand.
Passage - 2
Read the given passage
1. Cynthia was a shy girl. She believed that she was plain and untalented.
2.One day her teacher ordered the entire class to show up for audition for the school play.
3.Cynthia nearly died of fright when she was told that she would have to stand on stage in front of the entire class and deliver dialogue The mere thought of it made her feel sick.
4.But remarkable transformation occurred during the audition.
5.A thin, shy girl, her knees quaking, her stomach churning in terror, began to stun every one with her excellent performance.
6. Her bored classmates suddenly stopped their noisy chat to stare at her slender figure or the stage. At the end of her audition, the entire room erupted in thunderous applause.
1. Cynthia was afraid to stand on stage because:
(a) she felt her classmates may laugh at her.
(b) her stomach was churning.
(c) she lacked self-confidence.
(d) she did not like school plays.
Ans. C
Explanation
Self-confidence means believing in yourself or feeling of trust in one's abilities, qualities, and judgement. Lack of self- confidence scared Cynthia to stand on stage in front of the class. She believed that she is not a talented girl so she might not be able to deliver dialogues.