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In the following passage, there are blanks, each of which has been numbered. Find out the appropriate word/phrase in each case.
The economic development in India followed socialist-inspired politicians for (21) of its independent history, including state-ownership of many sectors; India's per capita income increased at only around 1% annualized rate in the three decades after its independence. (22) the mid-1980s, India has slowly opened up its markets through economic liberalisation. After more fundamental reforms since 1991 and their renewal in the 2000s, India has progressed towards a (23) market economy. In the late 2000s, India's growth reached 7.5%, which will double the average income in a decade. Analysts say that if India (24) more fundamental market reforms, it could sustain the rate and even reach the government's 2011 target of 10%. States have large responsibilities over their economies. The average annual growth rates (2007-12) for Uttarakhand (13.66%), Bihar (10.15%) or Jharkhand (9.85%) were higher than for West Bengal (6.24%), Maharashtra (7.84%), Odisha (7.05%), Punjab (6.85%) or Assam (5.88%). India is the sixth-largest economy in the world and the third largest by purchasing power parity adjusted exchange rates (PPP). On per capita basis, it (25) 140th in the world or 129th by PPP.
In the following passage, there are blanks, each of which has been numbered. Find out the appropriate word/phrase in each case.
The economic development in India followed socialist-inspired politicians for (21) of its independent history, including state-ownership of many sectors; India's per capita income increased at only around 1% annualized rate in the three decades after its independence. (22) the mid-1980s, India has slowly opened up its markets through economic liberalisation. After more fundamental reforms since 1991 and their renewal in the 2000s, India has progressed towards a (23) market economy. In the late 2000s, India's growth reached 7.5%, which will double the average income in a decade. Analysts say that if India (24) more fundamental market reforms, it could sustain the rate and even reach the government's 2011 target of 10%. States have large responsibilities over their economies. The average annual growth rates (2007-12) for Uttarakhand (13.66%), Bihar (10.15%) or Jharkhand (9.85%) were higher than for West Bengal (6.24%), Maharashtra (7.84%), Odisha (7.05%), Punjab (6.85%) or Assam (5.88%). India is the sixth-largest economy in the world and the third largest by purchasing power parity adjusted exchange rates (PPP). On per capita basis, it (25) 140th in the world or 129th by PPP.
In the following passage, there are blanks, each of which has been numbered. Find out the appropriate word/phrase in each case.
The economic development in India followed socialist-inspired politicians for (21) of its independent history, including state-ownership of many sectors; India's per capita income increased at only around 1% annualized rate in the three decades after its independence. (22) the mid-1980s, India has slowly opened up its markets through economic liberalisation. After more fundamental reforms since 1991 and their renewal in the 2000s, India has progressed towards a (23) market economy. In the late 2000s, India's growth reached 7.5%, which will double the average income in a decade. Analysts say that if India (24) more fundamental market reforms, it could sustain the rate and even reach the government's 2011 target of 10%. States have large responsibilities over their economies. The average annual growth rates (2007-12) for Uttarakhand (13.66%), Bihar (10.15%) or Jharkhand (9.85%) were higher than for West Bengal (6.24%), Maharashtra (7.84%), Odisha (7.05%), Punjab (6.85%) or Assam (5.88%). India is the sixth-largest economy in the world and the third largest by purchasing power parity adjusted exchange rates (PPP). On per capita basis, it (25) 140th in the world or 129th by PPP.
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