Discussions
The New Cult

· started a discussion

· 1 Months ago

i think it should be "implemented"

Question:
DIRECTIONS: In the given passage there are blanks, each of which has been numbered. Against each, 5 words are suggested, one of which fits the blanks appropriately. Find the appropriate word in each case


It is welcome the Centre has asked oil companies to raise domestic LPG (cooking gas) prices by Rs.4 per cylinder every month until the entire subsidy of about Rs87 per cylinder is _(1)_ out.
Following the _(2)_ of direct benefits transfer for LPG to below poverty line (BPL) households, it makes no sense to provide such consumption subsidies for the non-poor.

We do need to better allocate resources, for much-needed social and physical infrastructure. Note that the amount involved in providing subsidies on household fuels is huge and rising, about Rs.30,000crore per annum. Subsidised kerosene, a sooty pre-modern fuel and a poor source of light, needs to be _(3)_ replaced with aids like solar lanterns. It should _(4)_ improve public health. We also need to _(5)_ market design for domestic LPG, complete with norms for sharing _(6)_ infrastructure for supply and storage.


What’s required is proactive policy to have parallel marketing of LPG, instead of simply mandating the trio of public sector oil companies to monopolise and corner the market. The efficiency gains from a more competitive LPG market would be very significant _(7)_ . It would boost entrepreneurship, step up supply and is actually likely to reduce costs and prices going forward, transparently. Piped supply of gas in towns would be cheaper than distribution via cylinders. Composite cylinders would lower costs, as compared to steel ones.

The government had earlier asked the LPG retailers to revise prices by Rs.2 per month, to gradually remove the subsidy involved. The move now is to fast-track the price _(8)_, so as to better allocate _(9)_ resources. The upfront subsidy _(10)_ the market, breeds corruption and comes in the way of efficiency improvement.

Mark the correct option for blank _(2)_.
Options:
A) inadvertent
B) implementation
C) spirited
D) vivacious
E) affects
Solution:
implementation – the process of putting a decision or plan into effect; execution.

All Rights Reserved Top Rankers