DIRECTIONS: for Questions 1 to 5: Read the passages and answer the questions based on them.

Woodrow Wilson was referring to the liberal idea of the economic market when he said that the free enterprise system is the most efficient economic system. Maximum freedom means maximum productiveness; our openness is to be the measure of our stability. Americans defy the Old World categories of settled possessiveness versus unsettling deprivation, the cupidity of retention versus the cupidity of seizure, a status quo defended or attacked. The United States, it was believed, had no status quo ante. Our only station was the turning of a stationary wheel, spinning faster and faster. We did not base our system on property but stability but opportunitywhich meant we based it not on stability but on mobility, The more things changed, that is, the more rapidly the wheel turned, the steadier we would be. The conventional picture of class politics is to keep what they have, and the Have-Nots, who want a touch of instability and change in which to scramble for the things they have not. But Americans imagined a condition in which speculators, self-makers, runners are always using the new opportunities given by our land. These economic leaders (front-runners) would thus be mainly agents of change. The nonstarters were considered the ones who wanted stability, a strong referee to give them some position in the race, a regulative hand to calm manic speculation; an authority that can call things to a halt, begin things again from compensatorily staggered starting lines.

1. The primary purpose of the passage is too A. criticize the inflexibility of American economic mythology B. contrast Old World and New World economic ideologies C. challenge the integrity of traditional political leaders D. champion those Americans whom the author deems to be neglected E. suggest a substitute for the traditional metaphor of a race 2. According to the passage, Old World values were based on A. Ability B. Property C. Family connections D. Guild hierarchies E. Education

3. In the context of the authors discussion of regulating change, which of the following could be most probably regarded as a strong referee in the United States? A. A school principal B. Apolitical theorist C. A federal court judge D. A social worker E. A government inspector 4. The autor sets off the word Reform with quotation marks in order to A. emphasize its departure from the concept of settled possessiveness B. show his support for a systematic program of change C. underscore the flexibility and even amorphousness of United States society D. indicate that the term was one of Wilsons favourites E. assert that reform in the United States has not been fundamental 5. It can be inferred from the passage that the author most probably thinks that giving the disenfranchised a piece of the action is A. a compassionate, if misdirected, legislative measure B. an example of Americans resistance to profound social change C. an innovative program for genuine social reform D. a monument to the efforts of industrial reformers E. a surprisingly Old World remedy for social ills

Directions for questions 6 to 10. Rearrange the following six sentences (1), (2), (3), (4), (5) and (6) in the proper sequence to form a meaningful paragraph; then answer the questions given below them.

1. I had paid a lot of attention during training and could easily answer the questions till I came to the last one. What is the name of the lady who cleans your floor? 2. Yes, he replied. In your career you will meet many people all of whom are significant even if all you do is greet them. 3. I thought the question was a joke. I had seen her but how would I know her name? 4. During my internship we were given a quiz to see how much we had learnt. 5. I have never forgotten this lesson. 6. I submitted my paper leaving the last question blank and asked the manager if it would count for assessment

6. Which of the following will be the SECOND sentence after rearrangement? A. 1 B. 2 C. 3 D. 4 E. 5 7. Which of the following will be the SIXTH (LAST) sentence after rearrangement? A. 2 B. 3 C. 4 D. 5 E. 6 8. Which of the following will be the FIFTH sentence after rearrangement? A. 1

B. 2 C. 3 D. 4 E. 5 9. Which of the following will be the FIRST sentence after rearrangement? A. 1 B. 2 C. 3 D. 4 E. 5 10. Which of the following will be the THIRD sentence after rearrangement? A. 1 B. 2 C. 3 D. 4 E. 5 Directions for questions 11 to 15. Read each sentence to find out whether there is any grammatical error in it. The error, if any, will be in one part of the sentence. The letter part of that is the answer. If there is no error, the answer is (E) i.e. No error. (Ignore the errors of punctuation, if any.)

11. The revised government (A)/guidelines have reduced (B)/the number of mergers (C)/taking place among banks. (D) No error (E) A B

C D E 12. I do not know (A)/who of the (B)/new trainees should (C)/be confirmed. (D) No error (E) A. B. C. D. E. 13. To promote India as (A) / a tourist destination (B)/ the government has organized (C)/ many cultural programmes. (D) / No error (E) A. B. C. D. E. 14. Banks in India (A) / cannot open ATMs (B)/ except obtaining (C)/ approval from RBI. (D) / No error (E) A B. C. D. E.

15. Today the success of (A) / companies depends on the (B) / quality of their products and (C) / efficient managing staff. (D) / No error (E) A. B. C. D.

E.
Directions for questions 16 to 20: 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. The plant was -----16-----the market would have improved. It did happen and the decision brought rich ------17-----when the plant was commissioned. Not only was he a great entrepreneur but he also -----18-----all his senior people to be practicing entrepreneurs. I have seen a similar example at the Asian Institute of Management, which allows its professors to -----19-----their own business. This made their lectures more practical and less theoretical. It is the ------20------of the Institutes success.

16. A. Operational B. Install C. Use D. Produced E. New 17. A. Supply B. Dicersity C. Pay

D. Rewards E. Knowledge 18. A. Thought B. Tried C. Wish D. Encourage E. Wanted 19. A. Expand B. Function C. Choose D. Run E. Risk 20. A. Reponsibility B. Secret C. Guarantee D. Prize E. Value