Multiple choice

The author seems to be making a case for

Passage:
The economy, which has been on life support for the past five years, is showing signs that it might be beginning to breathe on its own but is too early to take it off the ventilator. We’ve been down this road before, only to rush back to the ER. This time, however, it seems that the swallow might just be really signaling the spring, or perhaps something close to it. With new jobs being created at a pace faster than ever in the last four years, it is expected that consumer spending will rise. With more youngsters landing jobs and moving out of their parents’ homes, a recovery in the housing market can possibly be foreseen. The economic slowdown in other parts of the world is unlikely to weigh down the economy any more than it is already. With exports rising, and domestic consumption showing a rise for the last three quarters consecutively, it is possible that we might have bounced off the bottom.
However, it is imperative that we recognize the recovery for what it is. It is not just an increase in demand, but more importantly, a result of policy initiatives that have engineered this change in the direction. It is possible that a move away from what has worked to help a stagnant economy to start walking with a heavy limp might precipitate a situation that is worse than it was four years ago.

  1. continuation of economic reforms

  2. continuity in the type of governance and policy framework

  3. increased emphasis on domestic consumption

  4. acknowledging the role of people who engineered the economic turnaround

  5. discontinuity in the type of governance and policy framework

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Incorrect. The author emphasizes that continuing with what has worked, rather than fiscal adventurism, is required.

Correct. The author states that policy initiatives have sparked the recovery and that any change in direction might trigger off a bigger problem. This is suggestive of continued governance by the policy makers in power.
Incorrect. Increased domestic consumption is mentioned as one of the contributing factors in the improved economic scenario. However, the author is not trying to stress increasing domestic consumption.
Incorrect. More than acknowledging the role, the author is keen to have continued governance in the same manner. The option seems extraneous.

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