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Directions: In the questions given below, a passage has been given with a number of statements in bold.  These statements may/may not be correct grammatically and contextually. You are required to study each of the bold statements and choose from the options the one which is correct contextually and grammatically. If the statement is correct, choose option E as your answer.

(A) India’s macro economy threats lay expose as they grapples with the rupee’s sliding. The currency sunk to a closing low of 68.07 against the U.S. dollar on Tuesday, its lowest level in 16 months, before recovering slightly the next day. The rupee, already one of the worst performing Asian currencies, has now weakened 6.2% in 2018. The rise in crude oil prices have hurt the trade balance. (B) At same instance, despicable a depreciating currency, India’s merchandise exports are stumbling while of gaining from the opportunity. April clocked a sharp decline in exports from employment-intensive sectors such as readymade garments and gems and jewellery, according to official data. (C) The trade deficit has consequently widened to $13.7 billion in April, compared to $13.25 billion in the same month in 2017. The value of oil and petroleum product imports increased by 41.5% from last year to hit $10.4 billion. (D) U.S. sanctions followed Washington’s withdrew by the Iran nuclear deal with a June 22 meeting of OPEC was drive oil price trends hereon. Oil prices apart, the tightening of U.S. monetary policy has almost always spelled trouble for emerging market economies hooked to Western capital inflows. (E) These time it is no different; capital outflows are scuppering the currencies of many emerging market economies.
1
(A) India’s macro economy threats lay expose as they grapples with the rupee’s sliding.
 
I. India, grappling with the rupee’s slide, need to expose its macro economy threats.
II. India macroeconomic threats lies exposing by grapple to the rupee’s slide.
III. India’s macroeconomic threats lie exposed as it grapples with the rupee’s slide.
» Explain it
B
The original statement is completely meaningless due to incorrect tense and singular-plural usage.

I is incorrect as it completely changes the meaning of the original statement.

II is incorrect due to use of lies, exposing, by etc.

III is correct.

Hence, option B is correct.
 
2
(B) At same instance, despicable a depreciating currency, India’s merchandise exports are stumbling while of gaining from the opportunity.

I. After some time, despite a depreciating currency, India’s merchandise exports are tumbling instead of gaining from the opportunity.
II. Meanwhile, despite a depreciating currency, India’s merchandise exports are stumbling instead of gaining from the opportunity.
III. Simultaneously, India’s merchandise exports are falling instead of rising despite the currency depreciating. 
» Explain it
D
The original statement is incorrect due to use of despicable which means appalling. Also, the statement does not make sense grammatically.

I is incorrect due to use of after some time while the original phrase conveys simultaneously.

II and III are correct.

Hence, option D is correct.
 
3
(C) The trade deficit has consequently widened to $13.7 billion in April, compared to $13.25 billion in the same month in 2017.
 
I. The trade deficit have consequently widened to $13.7 billion in April, compared to $13.25 billion in the same month in 2017.
II. The trade deficit has consequently wide to $13.7 billion in April, compare to $13.25 billion in the same month in 2017.
III. The trade deficit has subsequently widened to $13.7 billion in April, compared to $13.25 billion in the same month in 2017.
» Explain it
E
The statement is correct in its original form and does not need any correction.
 
Hence, option E is correct.
 
4
(D) U.S. sanctions followed Washington’s withdrew by the Iran nuclear deal with a June 22 meeting of OPEC was drive oil price trends hereon.
 
I. U.S. sanctions following Washington’s withdrawal from the Iran nuclear deal and a June 22 meeting of OPEC should drive oil price trends hereon.
II. U.S. sanctions was follow Washington’s withdrawal from the Iran nuclear deal and a June 22 meeting of OPEC should drives oil price trends hereon.
III. U.S. sanctions after Washington’s exit from the Iran nuclear deal and a June 22 meeting of OPEC should drive oil price trends from then.
 
» Explain it
B
The original statement is incorrect as the statement does not make sense due to use of ‘sanctions followed’, ‘Washington’s withdrew by’ and ‘OPEC was drive oil price trends hereon.’

II is incorrect due to a mismatch of tenses like ‘was follow’.

Both I and III are correct.

Hence, option B is correct.
 
5
(E) These time it is no different; capital outflows are scuppering the currencies of many emerging market economies. 
 
I. This time it is no different; capital outflows are scuppering the currencies of many emerging market economies.
II. This time it is no difference; capital outflows are boosting the currencies of many emerging market economy.
III. This time it is no different; capital outflows are damaging the currencies of many emerging market economies.
» Explain it
D
The original statement is incorrect due to the use of these instead of this.
 
II is incorrect as capital outflows would ideally damage the economies and not boost them. Also, grammatically, difference and economy are incorrect.
 
I and III are correct contextually and grammatically correct.
 
Hence, option D is correct.