English Language Practice Questions for IBPS PO Mains – Set 5
Directions
(1 – 10): Read the following passage carefully and answer the questions given
below it. Certain words are given in bold to help you locate them while
answering some of the questions.
China,
the United States, and Germany are currently among the most 15 globally
competitive manufacturing countries in the world. But in the next five years,
according to a survey of industry CEOs carried out by Deloitte, the MITI-V of
Malaysia, India, Thailand, Indonesia, and Vietnam are set to enter the top 15
most competitive manufacturing countries. They are the “new China,” the top
economies for low-cost manufacturing (i.e., labour intensive commodity type
products like apparel, toys, textiles and basic consumer electronics).
Manufacturing goods in China is now only 4 percent cheaper than in the United
States, in large part because labour costs in China have increased by 80 percent
since 2010. It is in response to this that China, backed by billions of dollars
in investment from its government, has vigorously moved into higher value
manufacturing.

