Hope and fear are marching in lockstep. The arrival of the vaccines represents the ____ of hope. Yet, fears about mutations of the virus and how politics, which defines public policy, will mutate loom large across India’s political economy. Political rhetoric propels public expectations an

Question

Hope and fear are marching in lockstep. The arrival of the vaccines represents the ____ of hope. Yet, fears about mutations of the virus and how politics, which defines public policy, will mutate loom large across India’s political economy. Political rhetoric propels public expectations and the declaration by Finance Minister Nirmala Sitharaman recently of “a budget which is a budget like never before” will be tested against a billion aspirations. The challenge of ____ and recovery is located in a parade of riveting contrasts. India, it is useful to remember, migrated from slowdown to lockdown. The contrast between the message beamed by stock indices and indices of the real economy are striking to say the least. In the period post the end of 2016-17, growth has ____ consistently and stock valuations have risen just as consistently. GDP growth slid from 8-plus per cent to hover at around 4 per cent to a

Accepted Answer

dawn. The passage says the arrival of vaccines marks the beginning of hope. 'Dawn' fits this metaphor because it means the start of a new day or a new phase. The other options do not match the positive contrast.

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