Interesting passage . Took 6 mins , including 2 mins 20 second to read the passage .
-The author talks about advice given out by International Development Institutions to developing countries
-The author then talks about the how this advice- though having worked for the NIC’s need not necessarily work for all countries
1.
"by 1978 these six economies, along with India, enjoyed unequaled growth rates for gross national product and for exports."
Option (C ) is a clear word justification of the above and is hence correct.
2.
“have continued to promote the NIC path as the way for heavily indebted developing countries to proceed"
Option (E) is a word justification of the above and is hence correct.
3.
"It was, therefore, not surprising that dozens of other countries attempted to follow their model, yet no countries—with the possible exceptions of Malaysia and Thailand—have even approached their success"
It can be inferred from the above that Malaysia and Thailand were exceptions to the generalization. Hence option (B) is the right answer choice.