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Directions: The following question has a paragraph from which one sentence has been deleted. From the given options, choose the one that completes the paragraph in the most appropriate way. 
The government launched the “Housing For All by 2022” programme in 2015, with the Pradhan Mantri Awas Yojana (Pmay) as a key anchor scheme. ____________________________. Global examples indicate that affordable housing activities generate direct and indirect employment in the medium term and sustained consumption in the long term. A 2014 study by the National Council of Applied Economic Research indicates that every additional rupee of capital invested in the housing sector adds Rs1.54 to the gross domestic product (GDP) and every Rs1 lakh invested in residential housing creates 2.69 new jobs in the economy. 
  • a)
    Pmay envisages building 20 million urban units by 2022.
  • b)
    On the demand side, while overall economic growth will create the right enablers to stimulate demand, loans need to be provided at affordable rates.
  • c)
    By building a strong support system and hand-holding the real estate entrepreneurs, we could create an ecosystem of quality developers.
  • d)
    The lending institutions and credit rating agencies need to design new frameworks/rating scales that benchmark companies on such new capabilities.
  • e)
    For a national housing dream of such a magnitude to fructify, the entire housing ecosystem needs to be well developed and all the stakeholders need to share a unified vision.
Correct answer is option 'A'. Can you explain this answer?
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Directions: The following question has a paragraph from which one sent...
Pmay envisages building 20 million urban units by 2022.
The paragraph is about the programme “Housing For All by 2022” launched by government along with Pradhan Mantri Awas Yojana (Pmay), generating direct and indirect employment as indicated by the National Council of Applied Economic Research. Hence the blank must be filled by the sentence that tells more about the scheme as mentioned in the above sentence of the blank. After reading all the sentences, we can conclude that sentence (A) talking about the Pmay scheme that envisions building 20 million urban units by 2022, is making the paragraph more complete and meaningful than other sentences. Hence option (A) is the best choice. 
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Read the following passage carefully and answer the questions given below it. Certain words/phrases have beenunderlineto help you locate them while answering some of the questions.The modern world requires us to repose trust in many anonymous institutions. We strap ourselves in a flying tin can with two hundred other people not because we know the pilot but because we believe that airline travel is safe. Our trust in these institutions depends on two factors : skills and ethics. We expect that the people who run these institutions know what they are doing, that they build and operate machines that work as they are supposed to and that they are looking out for our welfare even though we are strangers.When one of these factors is weak or absent, trust breaks down and we either pay a high price in safety- as in the Bhopal tragedy -or a large ‘welfare premium’ such as the elaborate security measures at airports. Trust-deficient environments work in the favour of the rich and powerful, who can commandpremiumtreatment and afford welfare premiums. Poor people can command neither; which is why air travel is safer than train travel, which in turn is safer than walking by the road side.Every modern society depends on the trust in the skills and ethics of a variety of institutions such as schools and colleges, hospital and markets. If we stopped believing in theexpertiseof our teachers, doctors and engineers, we will stop being a modern society.As the Institution among institutions, it is the duty of the state to ensure that all other institutions meet their ethicalobligations. The Indian state has failed in its regulatory role. Consequently, we cannot trust our schools to turn out good graduates, we cannot ensure that our colleges turn out well trained engineers and we cannot guarantee that our engineers will turn out to be good products.Last year, I was invited to speak at an undergraduate research conference. Most of the participants in this conference were students at the best engineering colleges in the State. One student who was driving me back and forthrecounteda story about the previous year’s final exam. One of his papers had a question from a leading textbook to which the textbook’s answer was wrong. The student was in a dilemma : should he write the (wrong) answer as given in the textbook or should he write the right answer using his own analytical skills. He decided to do the latter and received a zero on that question. Clearly, as the student had suspected, the examiners were looking at the textbook answer while correcting the examination papers instead of verifying its correctness.The behaviour of these examiners is a breakdown of institutional morals, with consequences for the skills acquired by students. I say institutional morals, for the failure of these examiners is not a personal failure. At the same conference I met a whole range of college teachers, all of whom were drafted as examiners at some time or the other. Without exception, they were dedicated individuals who cared about the education and welfare of their students. However, when put in the institutional role of evaluating an anonymous individual, they fail in fulfilling their responsibilities. When some of our best colleges are run in this fashion, is it any wonder that we turn outunskilledengineers and scientists ? If, as we are led to expect, there is a vast increase in education at all levels and the regulatory regime is as weak as it is currently, isn’t it likely that the trust deficit is only going to increase ?We are all aware of the consequences of ignoring corruption at all levels of society. While institutional failures in governance are obvious, I think the real problem lies deeper, in the failure of every day institutions that are quite apart from institutions that impinge on our lives only on rare occasions. It is true that our lives are made more miserable by government officials demanding bribes for all sorts of things, but what about the everyday lying andcheating and breaking of rules with people who are strangers ?Let me give you an example that many of us have experienced. I prefer buying my fruits and vegetables from roadside vendors rather than chain stores. To the vendor, I am probably an ideal customer, since I do not bargain and I do not take hours choosing the best pieces, instead, letting the vendor do the selecting. The market near my house is quite busy; as a result, most vendors are selling their wares to strangers. It takes a while before a particular vendor realises that I am arepeatcustomer. In such a situation trust is crucial. I have a simple rule : if a vendorpalms offa bad piece whose defects are obvious, I never go back to that person again. It is amazing how often that happens.In my opinion, the failure of institutional ethics is as much about these little abuses of trust as anything else. Everyday thievery is like roadside trash; if you let it accumulate the whole neighbourhood stinks.Q. Which of the following is possibly the most appropriate title for the passage ?

Read the following passage carefully and answer the questions given below it. Certain words/phrases have been underlineto help you locate them while answering some of the questions.The modern world requires us to repose trust in many anonymous institutions. We strap ourselves in a flying tin can with two hundred other people not because we know the pilot but because we believe that airline travel is safe. Our trust in these institutions depends on two factors : skills and ethics. We expect that the people who run these institutions know what they are doing, that they build and operate machines that work as they are supposed to and that they are looking out for our welfare even though we are strangers.When one of these factors is weak or absent, trust breaks down and we either pay a high price in safety- as in the Bhopal tragedy -or a large ‘welfare premium’ such as the elaborate security measures at airports. Trust-deficient environments work in the favour of the rich and powerful, who can commandpremiumtreatment and afford welfare premiums. Poor people can command neither; which is why air travel is safer than train travel, which in turn is safer than walking by the road side.Every modern society depends on the trust in the skills and ethics of a variety of institutions such as schools and colleges, hospital and markets. If we stopped believing in theexpertiseof our teachers, doctors and engineers, we will stop being a modern society.As the Institution among institutions, it is the duty of the state to ensure that all other institutions meet their ethicalobligations. The Indian state has failed in its regulatory role. Consequently, we cannot trust our schools to turn out good graduates, we cannot ensure that our colleges turn out well trained engineers and we cannot guarantee that our engineers will turn out to be good products.Last year, I was invited to speak at an undergraduate research conference. Most of the participants in this conference were students at the best engineering colleges in the State. One student who was driving me back and forthrecounteda story about the previous year’s final exam. One of his papers had a question from a leading textbook to which the textbook’s answer was wrong. The student was in a dilemma : should he write the (wrong) answer as given in the textbook or should he write the right answer using his own analytical skills. He decided to do the latter and received a zero on that question. Clearly, as the student had suspected, the examiners were looking at the textbook answer while correcting the examination papers instead of verifying its correctness.The behaviour of these examiners is a breakdown of institutional morals, with consequences for the skills acquired by students. I say institutional morals, for the failure of these examiners is not a personal failure. At the same conference I met a whole range of college teachers, all of whom were drafted as examiners at some time or the other. Without exception, they were dedicated individuals who cared about the education and welfare of their students. However, when put in the institutional role of evaluating an anonymous individual, they fail in fulfilling their responsibilities. When some of our best colleges are run in this fashion, is it any wonder that we turn outunskilledengineers and scientists ? If, as we are led to expect, there is a vast increase in education at all levels and the regulatory regime is as weak as it is currently, isn’t it likely that the trust deficit is only going to increase ?We are all aware of the consequences of ignoring corruption at all levels of society. While institutional failures in governance are obvious, I think the real problem lies deeper, in the failure of every day institutions that are quite apart from institutions that impinge on our lives only on rare occasions. It is true that our lives are made more miserable by government officials demanding bribes for all sorts of things, but what about the everyday lying andcheating and breaking of rules with people who are strangers ?Let me give you an example that many of us have experienced. I prefer buying my fruits and vegetables from roadside vendors rather than chain stores. To the vendor, I am probably an ideal customer, since I do not bargain and I do not take hours choosing the best pieces, instead, letting the vendor do the selecting. The market near my house is quite busy; as a result, most vendors are selling their wares to strangers. It takes a while before a particular vendor realises that I am arepeatcustomer. In such a situation trust is crucial. I have a simple rule : if a vendorpalms offa bad piece whose defects are obvious, I never go back to that person again. It is amazing how often that happens.In my opinion, the failure of institutional ethics is as much about these little abuses of trust as anything else. Everyday thievery is like roadside trash; if you let it accumulate the whole neighbourhood stinks.Q. Why, according to the author, is the behaviour of examiners a breakdown of institutional morals ?

Read the following passage carefully and answer the questions given below it. Certain words/phrases have been underlineto help you locate them while answering some of the questions.The modern world requires us to repose trust in many anonymous institutions. We strap ourselves in a flying tin can with two hundred other people not because we know the pilot but because we believe that airline travel is safe. Our trust in these institutions depends on two factors : skills and ethics. We expect that the people who run these institutions know what they are doing, that they build and operate machines that work as they are supposed to and that they are looking out for our welfare even though we are strangers.When one of these factors is weak or absent, trust breaks down and we either pay a high price in safety- as in the Bhopal tragedy -or a large ‘welfare premium’ such as the elaborate security measures at airports. Trust-deficient environments work in the favour of the rich and powerful, who can commandpremiumtreatment and afford welfare premiums. Poor people can command neither; which is why air travel is safer than train travel, which in turn is safer than walking by the road side.Every modern society depends on the trust in the skills and ethics of a variety of institutions such as schools and colleges, hospital and markets. If we stopped believing in theexpertiseof our teachers, doctors and engineers, we will stop being a modern society.As the Institution among institutions, it is the duty of the state to ensure that all other institutions meet their ethicalobligations. The Indian state has failed in its regulatory role. Consequently, we cannot trust our schools to turn out good graduates, we cannot ensure that our colleges turn out well trained engineers and we cannot guarantee that our engineers will turn out to be good products.Last year, I was invited to speak at an undergraduate research conference. Most of the participants in this conference were students at the best engineering colleges in the State. One student who was driving me back and forthrecounteda story about the previous year’s final exam. One of his papers had a question from a leading textbook to which the textbook’s answer was wrong. The student was in a dilemma : should he write the (wrong) answer as given in the textbook or should he write the right answer using his own analytical skills. He decided to do the latter and received a zero on that question. Clearly, as the student had suspected, the examiners were looking at the textbook answer while correcting the examination papers instead of verifying its correctness.The behaviour of these examiners is a breakdown of institutional morals, with consequences for the skills acquired by students. I say institutional morals, for the failure of these examiners is not a personal failure. At the same conference I met a whole range of college teachers, all of whom were drafted as examiners at some time or the other. Without exception, they were dedicated individuals who cared about the education and welfare of their students. However, when put in the institutional role of evaluating an anonymous individual, they fail in fulfilling their responsibilities. When some of our best colleges are run in this fashion, is it any wonder that we turn outunskilledengineers and scientists ? If, as we are led to expect, there is a vast increase in education at all levels and the regulatory regime is as weak as it is currently, isn’t it likely that the trust deficit is only going to increase ?We are all aware of the consequences of ignoring corruption at all levels of society. While institutional failures in governance are obvious, I think the real problem lies deeper, in the failure of every day institutions that are quite apart from institutions that impinge on our lives only on rare occasions. It is true that our lives are made more miserable by government officials demanding bribes for all sorts of things, but what about the everyday lying andcheating and breaking of rules with people who are strangers ?Let me give you an example that many of us have experienced. I prefer buying my fruits and vegetables from roadside vendors rather than chain stores. To the vendor, I am probably an ideal customer, since I do not bargain and I do not take hours choosing the best pieces, instead, letting the vendor do the selecting. The market near my house is quite busy; as a result, most vendors are selling their wares to strangers. It takes a while before a particular vendor realises that I am arepeatcustomer. In such a situation trust is crucial. I have a simple rule : if a vendorpalms offa bad piece whose defects are obvious, I never go back to that person again. It is amazing how often that happens.In my opinion, the failure of institutional ethics is as much about these little abuses of trust as anything else. Everyday thievery is like roadside trash; if you let it accumulate the whole neighbourhood stinks.Q. Why, according to the author, do people repose trust in Institutions they do not know ?

Directions : Read the following passage carefully and answer the questions that follow.Entrepreneurs are inherent risk-takers. They tread the road less taken, venture into uncharted territory. Sometimes, their inroads are successful, at other times, not as much. Either way, it is because of the entrepreneurial ________ that many of the worlds problems have got solutions, and our lives become that little bit easier, more convenient, more palatable. Entrepreneurs also perform a huge service to society in indirect ways. Through their ventures, millions receive gainful employment. They are catalysts for genuine wealth creation. And they show the way forward to a world that is in constant need of innovators and early adopters. There is however one more invaluable way in which entrepreneurs can share their experiences, positive as well as negative, for the greater good. So how can they make their experience-derived knowledge available to a wide audience? By writing. Writing can become a vital tool for entrepreneurs to share their learnings. How? Through several ways.Experienced entrepreneurs can write and develop Case Studies based on their own real-life business experiences. Granted that many entrepreneurs may not be gifted writers; the process of converting ones business-stories into case studies can be simply achieved through studying a few existing ones, extracting the basic format, and then falling into that format, their unique experiences and learnings. Daunting as this task may seem, the good news is that Case Studies do not have to be models for great and eloquent writing or language flourish. They must convey facts, strategies, merits, and learnings, simply, and comprehensively. Further, these case studies can be published in various business and marketing journals, they can be made available through personal blogs online, or shared on resources commonly used by the business community. Those with connections in the media can even have them published in strategic magazines and newspapers patronized by the relevant target audience.Dont want to get too technical? An entrepreneur does not necessarily have to go the case-study route to share his or her learnings. A less formal but equally insightful article will also provide tremendous value to a reader. These articles are best suited to people who dont want to get too technical, have a flair and interest in writing, want to share a more personalized and informal account of their experiences. Creative non-fiction then can be a wonderful way of passing on wisdom and learnings one has acquired to the next generation. Publications are always on the lookout for good, sincere, valuable content. And to hear from the horses mouth about businesses and entrepreneurship will be of great interest to both reader and publisher.Another wonderful way for entrepreneurs to share their business prudence in through a personal blog. The biggest advantage of a blog is that the writer need not adhere to a strict format of any kind. Here, ones blog posts dont have to be the case-study type article type. They can be a mix of both. And one can develop ones own unique style of writing. It is also arguably the best platform on which to share certain very specific kinds of learnings that sometimes may not find takers of more traditional or rigid formats of business-writing. Lets say youre an entrepreneur who felt that some crucial mistakes were made in certain aspects of your business when you began, due to which you suffered, and it wasnt until years later, when you realized and corrected those shortcomings, did things get back on track. This kind of a story would be perfect to be told through a blog.Q. Which of the following words can replace the word "relevant" as used in the context of the passage without changing the meaning or making the sentence grammatically incorrect?

Directions : Read the following passage carefully and answer the questions that follow.Entrepreneurs are inherent risk-takers. They tread the road less taken, venture into uncharted territory. Sometimes, their inroads are successful, at other times, not as much. Either way, it is because of the entrepreneurial ________ that many of the worlds problems have got solutions, and our lives become that little bit easier, more convenient, more palatable. Entrepreneurs also perform a huge service to society in indirect ways. Through their ventures, millions receive gainful employment. They are catalysts for genuine wealth creation. And they show the way forward to a world that is in constant need of innovators and early adopters. There is however one more invaluable way in which entrepreneurs can share their experiences, positive as well as negative, for the greater good. So how can they make their experience-derived knowledge available to a wide audience? By writing. Writing can become a vital tool for entrepreneurs to share their learnings. How? Through several ways.Experienced entrepreneurs can write and develop Case Studies based on their own real-life business experiences. Granted that many entrepreneurs may not be gifted writers; the process of converting ones business-stories into case studies can be simply achieved through studying a few existing ones, extracting the basic format, and then falling into that format, their unique experiences and learnings. Daunting as this task may seem, the good news is that Case Studies do not have to be models for great and eloquent writing or language flourish. They must convey facts, strategies, merits, and learnings, simply, and comprehensively. Further, these case studies can be published in various business and marketing journals, they can be made available through personal blogs online, or shared on resources commonly used by the business community. Those with connections in the media can even have them published in strategic magazines and newspapers patronized by the relevant target audience.Dont want to get too technical? An entrepreneur does not necessarily have to go the case-study route to share his or her learnings. A less formal but equally insightful article will also provide tremendous value to a reader. These articles are best suited to people who dont want to get too technical, have a flair and interest in writing, want to share a more personalized and informal account of their experiences. Creative non-fiction then can be a wonderful way of passing on wisdom and learnings one has acquired to the next generation. Publications are always on the lookout for good, sincere, valuable content. And to hear from the horses mouth about businesses and entrepreneurship will be of great interest to both reader and publisher.Another wonderful way for entrepreneurs to share their business prudence in through a personal blog. The biggest advantage of a blog is that the writer need not adhere to a strict format of any kind. Here, ones blog posts dont have to be the case-study type article type. They can be a mix of both. And one can develop ones own unique style of writing. It is also arguably the best platform on which to share certain very specific kinds of learnings that sometimes may not find takers of more traditional or rigid formats of business-writing. Lets say youre an entrepreneur who felt that some crucial mistakes were made in certain aspects of your business when you began, due to which you suffered, and it wasnt until years later, when you realized and corrected those shortcomings, did things get back on track. This kind of a story would be perfect to be told through a blog.Q. How, through writing, can entrepreneurs share their learnings?

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Directions: The following question has a paragraph from which one sentence has been deleted. From the given options, choose the one that completes the paragraph in the most appropriate way.The government launched the “Housing For All by 2022” programme in 2015, with the Pradhan Mantri Awas Yojana (Pmay) as a key anchor scheme. ____________________________. Global examples indicate that affordable housing activities generate direct and indirect employment in the medium term and sustained consumption in the long term. A 2014 study by the National Council of Applied Economic Research indicates that every additional rupee of capital invested in the housing sector adds Rs1.54 to the gross domestic product (GDP) and every Rs1 lakh invested in residential housing creates 2.69 new jobs in the economy.a)Pmay envisages building 20 million urban units by 2022.b)On the demand side, while overall economic growth will create the right enablers to stimulate demand, loans need to be provided at affordable rates.c)By building a strong support system and hand-holding the real estate entrepreneurs, we could create an ecosystem of quality developers.d)The lending institutions and credit rating agencies need to design new frameworks/rating scales that benchmark companies on such new capabilities.e)For a national housing dream of such a magnitude to fructify, the entire housing ecosystem needs to be well developed and all the stakeholders need to share a unified vision.Correct answer is option 'A'. Can you explain this answer?
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Directions: The following question has a paragraph from which one sentence has been deleted. From the given options, choose the one that completes the paragraph in the most appropriate way.The government launched the “Housing For All by 2022” programme in 2015, with the Pradhan Mantri Awas Yojana (Pmay) as a key anchor scheme. ____________________________. Global examples indicate that affordable housing activities generate direct and indirect employment in the medium term and sustained consumption in the long term. A 2014 study by the National Council of Applied Economic Research indicates that every additional rupee of capital invested in the housing sector adds Rs1.54 to the gross domestic product (GDP) and every Rs1 lakh invested in residential housing creates 2.69 new jobs in the economy.a)Pmay envisages building 20 million urban units by 2022.b)On the demand side, while overall economic growth will create the right enablers to stimulate demand, loans need to be provided at affordable rates.c)By building a strong support system and hand-holding the real estate entrepreneurs, we could create an ecosystem of quality developers.d)The lending institutions and credit rating agencies need to design new frameworks/rating scales that benchmark companies on such new capabilities.e)For a national housing dream of such a magnitude to fructify, the entire housing ecosystem needs to be well developed and all the stakeholders need to share a unified vision.Correct answer is option 'A'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Directions: The following question has a paragraph from which one sentence has been deleted. From the given options, choose the one that completes the paragraph in the most appropriate way.The government launched the “Housing For All by 2022” programme in 2015, with the Pradhan Mantri Awas Yojana (Pmay) as a key anchor scheme. ____________________________. Global examples indicate that affordable housing activities generate direct and indirect employment in the medium term and sustained consumption in the long term. A 2014 study by the National Council of Applied Economic Research indicates that every additional rupee of capital invested in the housing sector adds Rs1.54 to the gross domestic product (GDP) and every Rs1 lakh invested in residential housing creates 2.69 new jobs in the economy.a)Pmay envisages building 20 million urban units by 2022.b)On the demand side, while overall economic growth will create the right enablers to stimulate demand, loans need to be provided at affordable rates.c)By building a strong support system and hand-holding the real estate entrepreneurs, we could create an ecosystem of quality developers.d)The lending institutions and credit rating agencies need to design new frameworks/rating scales that benchmark companies on such new capabilities.e)For a national housing dream of such a magnitude to fructify, the entire housing ecosystem needs to be well developed and all the stakeholders need to share a unified vision.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: The following question has a paragraph from which one sentence has been deleted. From the given options, choose the one that completes the paragraph in the most appropriate way.The government launched the “Housing For All by 2022” programme in 2015, with the Pradhan Mantri Awas Yojana (Pmay) as a key anchor scheme. ____________________________. Global examples indicate that affordable housing activities generate direct and indirect employment in the medium term and sustained consumption in the long term. A 2014 study by the National Council of Applied Economic Research indicates that every additional rupee of capital invested in the housing sector adds Rs1.54 to the gross domestic product (GDP) and every Rs1 lakh invested in residential housing creates 2.69 new jobs in the economy.a)Pmay envisages building 20 million urban units by 2022.b)On the demand side, while overall economic growth will create the right enablers to stimulate demand, loans need to be provided at affordable rates.c)By building a strong support system and hand-holding the real estate entrepreneurs, we could create an ecosystem of quality developers.d)The lending institutions and credit rating agencies need to design new frameworks/rating scales that benchmark companies on such new capabilities.e)For a national housing dream of such a magnitude to fructify, the entire housing ecosystem needs to be well developed and all the stakeholders need to share a unified vision.Correct answer is option 'A'. Can you explain this answer?.
Solutions for Directions: The following question has a paragraph from which one sentence has been deleted. From the given options, choose the one that completes the paragraph in the most appropriate way.The government launched the “Housing For All by 2022” programme in 2015, with the Pradhan Mantri Awas Yojana (Pmay) as a key anchor scheme. ____________________________. Global examples indicate that affordable housing activities generate direct and indirect employment in the medium term and sustained consumption in the long term. A 2014 study by the National Council of Applied Economic Research indicates that every additional rupee of capital invested in the housing sector adds Rs1.54 to the gross domestic product (GDP) and every Rs1 lakh invested in residential housing creates 2.69 new jobs in the economy.a)Pmay envisages building 20 million urban units by 2022.b)On the demand side, while overall economic growth will create the right enablers to stimulate demand, loans need to be provided at affordable rates.c)By building a strong support system and hand-holding the real estate entrepreneurs, we could create an ecosystem of quality developers.d)The lending institutions and credit rating agencies need to design new frameworks/rating scales that benchmark companies on such new capabilities.e)For a national housing dream of such a magnitude to fructify, the entire housing ecosystem needs to be well developed and all the stakeholders need to share a unified vision.Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams. Download more important topics, notes, lectures and mock test series for Banking Exams Exam by signing up for free.
Here you can find the meaning of Directions: The following question has a paragraph from which one sentence has been deleted. From the given options, choose the one that completes the paragraph in the most appropriate way.The government launched the “Housing For All by 2022” programme in 2015, with the Pradhan Mantri Awas Yojana (Pmay) as a key anchor scheme. ____________________________. Global examples indicate that affordable housing activities generate direct and indirect employment in the medium term and sustained consumption in the long term. A 2014 study by the National Council of Applied Economic Research indicates that every additional rupee of capital invested in the housing sector adds Rs1.54 to the gross domestic product (GDP) and every Rs1 lakh invested in residential housing creates 2.69 new jobs in the economy.a)Pmay envisages building 20 million urban units by 2022.b)On the demand side, while overall economic growth will create the right enablers to stimulate demand, loans need to be provided at affordable rates.c)By building a strong support system and hand-holding the real estate entrepreneurs, we could create an ecosystem of quality developers.d)The lending institutions and credit rating agencies need to design new frameworks/rating scales that benchmark companies on such new capabilities.e)For a national housing dream of such a magnitude to fructify, the entire housing ecosystem needs to be well developed and all the stakeholders need to share a unified vision.Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Directions: The following question has a paragraph from which one sentence has been deleted. From the given options, choose the one that completes the paragraph in the most appropriate way.The government launched the “Housing For All by 2022” programme in 2015, with the Pradhan Mantri Awas Yojana (Pmay) as a key anchor scheme. ____________________________. Global examples indicate that affordable housing activities generate direct and indirect employment in the medium term and sustained consumption in the long term. A 2014 study by the National Council of Applied Economic Research indicates that every additional rupee of capital invested in the housing sector adds Rs1.54 to the gross domestic product (GDP) and every Rs1 lakh invested in residential housing creates 2.69 new jobs in the economy.a)Pmay envisages building 20 million urban units by 2022.b)On the demand side, while overall economic growth will create the right enablers to stimulate demand, loans need to be provided at affordable rates.c)By building a strong support system and hand-holding the real estate entrepreneurs, we could create an ecosystem of quality developers.d)The lending institutions and credit rating agencies need to design new frameworks/rating scales that benchmark companies on such new capabilities.e)For a national housing dream of such a magnitude to fructify, the entire housing ecosystem needs to be well developed and all the stakeholders need to share a unified vision.Correct answer is option 'A'. Can you explain this answer?, a detailed solution for Directions: The following question has a paragraph from which one sentence has been deleted. From the given options, choose the one that completes the paragraph in the most appropriate way.The government launched the “Housing For All by 2022” programme in 2015, with the Pradhan Mantri Awas Yojana (Pmay) as a key anchor scheme. ____________________________. Global examples indicate that affordable housing activities generate direct and indirect employment in the medium term and sustained consumption in the long term. A 2014 study by the National Council of Applied Economic Research indicates that every additional rupee of capital invested in the housing sector adds Rs1.54 to the gross domestic product (GDP) and every Rs1 lakh invested in residential housing creates 2.69 new jobs in the economy.a)Pmay envisages building 20 million urban units by 2022.b)On the demand side, while overall economic growth will create the right enablers to stimulate demand, loans need to be provided at affordable rates.c)By building a strong support system and hand-holding the real estate entrepreneurs, we could create an ecosystem of quality developers.d)The lending institutions and credit rating agencies need to design new frameworks/rating scales that benchmark companies on such new capabilities.e)For a national housing dream of such a magnitude to fructify, the entire housing ecosystem needs to be well developed and all the stakeholders need to share a unified vision.Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of Directions: The following question has a paragraph from which one sentence has been deleted. From the given options, choose the one that completes the paragraph in the most appropriate way.The government launched the “Housing For All by 2022” programme in 2015, with the Pradhan Mantri Awas Yojana (Pmay) as a key anchor scheme. ____________________________. Global examples indicate that affordable housing activities generate direct and indirect employment in the medium term and sustained consumption in the long term. A 2014 study by the National Council of Applied Economic Research indicates that every additional rupee of capital invested in the housing sector adds Rs1.54 to the gross domestic product (GDP) and every Rs1 lakh invested in residential housing creates 2.69 new jobs in the economy.a)Pmay envisages building 20 million urban units by 2022.b)On the demand side, while overall economic growth will create the right enablers to stimulate demand, loans need to be provided at affordable rates.c)By building a strong support system and hand-holding the real estate entrepreneurs, we could create an ecosystem of quality developers.d)The lending institutions and credit rating agencies need to design new frameworks/rating scales that benchmark companies on such new capabilities.e)For a national housing dream of such a magnitude to fructify, the entire housing ecosystem needs to be well developed and all the stakeholders need to share a unified vision.Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Directions: The following question has a paragraph from which one sentence has been deleted. From the given options, choose the one that completes the paragraph in the most appropriate way.The government launched the “Housing For All by 2022” programme in 2015, with the Pradhan Mantri Awas Yojana (Pmay) as a key anchor scheme. ____________________________. Global examples indicate that affordable housing activities generate direct and indirect employment in the medium term and sustained consumption in the long term. A 2014 study by the National Council of Applied Economic Research indicates that every additional rupee of capital invested in the housing sector adds Rs1.54 to the gross domestic product (GDP) and every Rs1 lakh invested in residential housing creates 2.69 new jobs in the economy.a)Pmay envisages building 20 million urban units by 2022.b)On the demand side, while overall economic growth will create the right enablers to stimulate demand, loans need to be provided at affordable rates.c)By building a strong support system and hand-holding the real estate entrepreneurs, we could create an ecosystem of quality developers.d)The lending institutions and credit rating agencies need to design new frameworks/rating scales that benchmark companies on such new capabilities.e)For a national housing dream of such a magnitude to fructify, the entire housing ecosystem needs to be well developed and all the stakeholders need to share a unified vision.Correct answer is option 'A'. 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