Fill in the Blanks

'Illustrate' means to demonstrate or show by example, which perfectly fits the context of two examples showing Indian companies' global mindset capabilities. 'Follow' doesn't make sense, 'write' is incorrect, 'need' doesn't fit grammatically, and 'generate' doesn't capture the meaning of showing by example. The examples illustrate the capability.

'Measuring' is correct because consumer price indices are statistical tools designed to track and quantify price changes over time. 'Controlling' is not the primary purpose, 'publishing' happens after measurement, 'reducing' is a policy goal not what indices do, and 'teaching' is irrelevant. CPI exists to measure inflation and price movements.

Cricket's appeal (allure) stems from its financial success (lucrative). The sentence requires two positive descriptors that create a causal link between cricket's attractiveness and its commercial value. Option A provides this logical connection - the sport draws attention because it generates significant revenue.

The New Year has 'brought in' or 'ushered in' good news. 'Ushered' is the correct verb here. Hotels being 'packed' (fully occupied) is positive for business, while 'deserted' would be negative. Option B creates the logical positive scenario for hotel businesses.

'Glittering lights' is a common collocation for city lights at night. For the second blank, the pilot would have 'climbed to' or 'reached' cruising altitude, but 'climbed' is the more natural verb pairing with altitude. Option E provides both correct expressions.

Fog 'reduces' visibility (makes it less). When visibility is reduced, trains get 'cancelled' as a safety measure. 'Impairs' and 'hampers' also work for the first blank, but only option E provides the correct second word 'cancelled' that logically follows.

The sentence describes environmental degradation - a district losing its green cover. 'Picturesque' (beautiful, scenic) contrasts with what it's becoming. 'Depleted' means reduced or diminished. The sentence shows the gradual loss of greenery from an once-beautiful area.

'Sank' is the correct past tense verb for a boat sinking/submerging. 'Deceased' is incorrect as it typically refers to people, not boats. 'Safely' correctly describes how passengers reached the bank - without injury. The context of life boats confirms a nautical emergency scenario.

'Realized' fits the context of suddenly becoming aware of something at a specific moment (when asked for passport). 'To his dismay' indicates an unpleasant discovery. 'Forgotten' is the correct verb meaning 'failed to bring' in this context. The phrase 'forgotten to bring' is idiomatic and correct.

'Climbed' is the correct idiomatic verb for advancing up a career ladder. 'Youngest' creates the intended meaning that she achieved this position at an early age, which is notable. Other options like 'shortest', 'oldest', 'junior most', or 'inexperienced' don't convey the intended sense of remarkable early achievement.

'Create' is the correct verb for government action to generate employment opportunities. 'Rising' accurately describes an increasing unemployment rate that needs to be controlled ('curbed'). The combination 'create jobs, rising rate' forms a coherent statement about government intervention to address increasing unemployment.

'Manages' is the appropriate verb for leadership with skill. 'Significant' indicates a notable increase in sales, which demonstrates success. The other options (dominates, condemns, directs, overpowers) with their paired adjectives (poor, sudden, worthless, exceptional) don't create a logical positive statement about successful leadership.

The second blank can be filled with negated only, as worsen, endured, proven and suffered are inappropriate words with the impact of the recession, hence (1) is the correct answer.

Options (1), (3) and (4) can be safely ruled out, as it can’t be most skillful workforce (because we are talking about their prior qualifications and training), most biggest workforce, or most brighter workforce. Option (5) is eliminated as in the first blank it can’t bring outcomes in the education. Hence, only option (2) is left, which is the correct answer. 

None of the words of the given options other than ‘declaring’ is suitable for the first blank. Hence, option (5) is the correct answer.