The clue is 'an organised society'. More than 'peace', 'prosperity' or 'progress', an 'organised society' banks on 'harmony' and 'concord'.

When nobody is living in a place, the place looks 'deserted' or 'desolate' which are the most appropriate words for the blank.

'Urbanization' stands for 'modernity' and 'old charm' denotes 'tradition'. There is a contrast, hence 'conservatism' is ruled out and liberalism is congruent with 'modernity' and 'urbanisation'.

There has been an increase in human activities which has resulted in 'reckless' or 'excessive' use of natural resources. None of the other words can be used for the blank.

Failure can dishearten or discourage someone.

Money and power stands for 'material', 'worldly' happiness. They also bring in 'misery'.

The word 'champion' points to 'assert and uphold'.

The Federation will not express concern if the financial situation is 'escalating' or 'rising'. Hence choices (A) and (C) can be eliminated. 'Receding' is generally used with reference to water - receding floods, receding coastline etc. 'Diminish' is used in connection with strength or power. Hence the most appropriate word for the first blank is 'deteriorating' and 'exacerbating'.

The 'mainstay' or the chief support of a democratic society is 'tolerance' or acceptance which is the only appropriate word that can be used for the blank.

The 'effective' or 'optimal' utilization of the human resources can help in economic development. The use of 'drastic'(extreme or severe) and 'voracious' (uncontrolled) are inappropriate in this context. As are 'nominal' are 'minimal'. The rate of unemployment too can be reduced with effective utilization of human resources.