In the following passage ten blanks are left out labeled with letters A, B, C…

TCS · 2025

In the following passage ten blanks are left out labeled with letters A, B, C and so on. You have to choose a set of words that is correct grammatically and contextually in order to fill the blank.

The Union Cabinet has approved a series of changes in foreign direct investment norms as the government prepares to enter the last lap of its economic policy-setting phase ahead of the 2019 election. Key among these was the decision to _____ 1 _____ up to 49% overseas ownership, including by a foreign airline, in Air India. This comes just a little more than six months after the Cabinet Committee on Economic Affairs gave its nod for a strategic _____ 2 _____ of the airline. The relaxation in ownership norms clears the decks for possible bidders such as the Singapore Airlines-Tata combine and Jet Airways — with its overseas equity and route partners — to make a more detailed commercial _____ 3 _____ of the investment opportunity the state-owned flag carrier presents. For the fiscally constrained government, the _____ 4 _____ couldn’t have come sooner. With the Union Budget due soon and the government _____ 5 _____ short of its budgeted strategic disinvestment goal for the current financial year — as of end-November, only 28% of the targeted ₹15,000 crore had been realised — the hope must be for an _____ 6 _____ timetable for the stake sale. Still, the fulfillment of a necessary condition for a strategic sale doesn’t automatically become sufficient grounds for a successful privatisation. Given the carrier’s accumulated debt of about ₹50,000 crore and the fact that the interest of potential investors is likely to be focused on Air India’s _____ 7 _____ long-haul international routes and its fleet of more than 40 wide-bodied aircraft, disinvestment will be neither easy nor guaranteed. At the very least, the government needs to set a distinct, _____ 8 _____ road map for the sale process. The other reform cleared by the Cabinet was the _____ 9 _____ decision to put 100% FDI in Single Brand Retail Trading under the ‘automatic’ route, accompanied by the long-sought relaxation of mandatory local sourcing norms. This had been a major issue with potential investors including Apple, which had repeatedly urged the government to take a more _____ 10 _____ view given the level of technological advancement incorporated in its products and the difficulty in finding local sources of supply at the requisite scale.

Choose a set of words that is correct grammatically and contextually in order to fill the blank 7

(question no 1 till 10 are linked together)

  1. A.

    potentially, likely

  2. B.

    futile, cost-effective

  3. C.

    pragmatic, realistic

  4. D.

    lucrative, fruitful

Attempted by 10 students.

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